Page 16 - Trader Interactive News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jarden Brief: Why Discovery stock dropped 5.7 per cent 17 May, 2021 08:38 PM 7 minutes to read AT&T announced it will be merging WarnerMedia with Discovery in a US$43 billion deal. Photo / Getty Images AT&T announced it will be merging WarnerMedia with Discovery in a US$43 billion deal. Photo / Getty Images NZ Herald New Zealand The S&P/NZX 50 traded up following a poor performance last week, with the index recovering 0.3 per cent to 12,411 points. Leading the index performance were healthcare and technology stocks, making gains of 1.0 and 0.8 per cent, respectively. Film so...

St Barbara Ltd (ASX: SBM) could finish the week on a positive note after the gold price pushed higher. According to CNBC, the spot gold price is up 0.25% to US$1,827.30 an ounce. The precious metal was given a boost from easing treasury yields. Carsales shares to return? The Carsales.Com Ltd(ASX: CAR) share price could return from its trading halt this morning. The car listings company has requested the halt in order to raise funds to acquire a 49% stake in United States-based business Trader Interactive for approximately US$624 million (A$800 million). To fund the acquisition, Carsales is l...

Is the Carsales (ASX:CAR) share price in the buy zone after its acquisition? Is the Carsales (ASX:CAR) share price in the buy zone after its acquisition? Is the Carsales.Com Ltd (ASX:CAR) share price in the buy zone following its acquisition announcement this week? Here’s what this broker thinks… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he...

Stockbrokers Morgan Stanley and Goldman Sachs are seeking buyers for 5.8 million Carsales.com shares worth up to $98 million on Thursday night.

Carsales.com is offering investors new shares at $17 each in a bid to raise $600 million to fund a US acquisition.