Carsales.com Ltd

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carsales.com Ltd (ASX:CRZ) today announces the introduction of a Dividend Reinvestment Plan (DRP) which offers eligible shareholders the opportunity to reinvest all or part of their dividends in additional carsales.com Ltd shares without paying brokerage or other costs.

For FY2014, the company has again delivered a strong performance, with earnings before interest, tax depreciation and amortisation (EBITDA) up 15% to $138.4 million, while net profit after tax (NPAT) rose to $95.5 million. This represents an increase of 14 per cent compared to the same period in FY2013 (FY2013, $83.5m).

Carsales.com Limited (ASX:CRZ) (OTCMKTS:CSXXY) announce the FY2014 Results Presentation with significant highlights.

carsales.com Ltd (ASX:CRZ) (OTCMKTS:CSXXY) today announces that further to the announcement made to the ASX on 1-July 2014 that it has completed its investment in Stratton Finance Pty Ltd.

Carsales.com Limited (ASX:CRZ) today announces that it has signed a binding agreement under which it will acquire a controlling (50.1%) shareholding in Stratton Finance Pty Ltd, an innovative vehicle finance business

The Australian share market fell sharply Wednesday after led by mining giants BHP Billiton and Rio Tinto as metals prices dropped. The benchmark S&P/ASX200 index ended down 69.8 points, or 1.5 per cent, at 4648.5, while the broader All Ordinaries index lost 65.1 points, or 1.4 per cent, to 4665.9.

US shares fell overnight led by Wells Fargo. A late sell-off in financial stocks was triggered after an analyst cut his investment rating on the company, saying the quality of its earnings was pretty poor. The Federal Reserve's latest beige book, showing weak consumer spending during late summer, also weighed down the market.

Overnight US stocks rose for a fourth consecutive session led by industrial stocks. But market sentiment were dented after Federal Reserve report showed that consumer spending was still soft and retail sales were flat. The report also said labour market conditions remained weak across all districts.