REA Share Price History
19 Apr, 2021
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
07 Apr, 2021
News Corporation -- Moody's assigns Ba1 CFR to News Corporation and Ba2 to new $750 million notes, outlook is stable
Rating Action: Moody's assigns Ba1 CFR to News Corporation and Ba2 to new $750 million notes, outlook is stableGlobal Credit Research - 07 Apr 2021New York, April 07, 2021 -- Moody's Investors Service ("Moody's") assigned to News Corporation ("News Corp or the Company") a Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), SGL-1 Speculative Grade Liquidity Rating and Ba2 to the Company's new $750 million senior unsecured notes (the Notes). The outlook is stable.News Corp is issuing $750 million of senior unsecured notes maturing 2029.
03 Mar, 2021
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
26 Jan, 2021
(Bloomberg) -- Patrick Grove, a serial entrepreneur in Southeast Asia who runs internet-focused investment company Catcha Group, is the latest figure to seek capital through a blank-check firm.The 45-year-old Australian is listed as chief executive officer and chairman of Catcha Investment Corp., a special purpose acquisition company that filed to raise $250 million through an initial public offering on the New York Stock Exchange, according to a filing on Tuesday.Grove is one of the earliest internet entrepreneurs in Southeast Asia. Since founding Catcha Group in 1999, he and co-founder Luke Elliott have launched several startups and brought six of them to a public listing or sale. Those include iProperty Group Ltd., which was acquired by Australian real estate website REA Group Ltd. in 2016, as well as iCar Asia Ltd. and Frontier Digital Ventures Ltd., which are listed on the Australian Securities Exchange. Grove is also known for co-founding streaming platform iFlix Ltd., which was acquired by Tencent Holdings Ltd. last year.Read more: Blank Check IPOs, Status Symbol of 2020, Have Raised $32 BillionProminent figures from the business and investing worlds have been rushing into the SPAC market over the past year, which marked a record in the U.S. SPACs are empty corporate shells whose sponsors raise money from investors and then look to buy into another business, usually a private one. Increasingly, investors are planning SPAC listings that will be injected with Asian assets down the road.Several blank-check firms with prominent Asia backers have launched in the past months, including one backed by SoftBank Group Corp. and another by billionaires Peter Thiel and Richard Li. Both will target technology companies.Read more: SoftBank Targets up to $525 Million via First SPAC as IPOs SurgeSPACs can provide companies with an easier alternative to going public than the traditional IPO route, which can be a riskier option when volatility is high, as it was last year. Merging with a SPAC also allows a company to pitch itself to investors using forward-looking financial figures, which isn’t allowed in a traditional IPO.Catcha’s blank-check firm will target technology, digital media and fintech companies across the Asia-Pacific, particularly in Southeast Asia and Australia, according to the filing.It has formed an advisory board consisting of well-known regional venture capitalists. They include Gobi Partners founding partner Thomas Tsao, 500 Startups Managing Partner Khailee Ng, Qiming Ventures partner Helen Wong, K3 Ventures founder MX Kuok and Jungle Ventures Managing Partner David Gowdey.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
06 Jan, 2021
REA Group Limited (ASX:REA) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Most readers would already be aware that REA Group's (ASX:REA) stock increased significantly by 25% over the past three...
01 Dec, 2020
If you want to know who really controls REA Group Limited ( ASX:REA ), then you'll have to look at the makeup of its...
27 Oct, 2020
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
21 Sep, 2020
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...
07 Aug, 2020
News Corporation Posts 22% Decline in Q4 Revenue as COVID-19 Pandemic Hits Business; Target Price $10
News Corporation, a diversified international media and entertainment company, reported that its revenue slumped 22% in the June quarter as COVID-19-related business closures led to an advertisement sales collapse at its newspapers and websites, sending its shares down about 4% in after-hours trading on Thursday.
22 Jul, 2020
REA Group Limited (ASX:REA), might not be a large cap stock, but it led the ASX gainers with a relatively large price...
15 Jul, 2020
The birthplace of Rupert Murdoch's media empire, News Corp's Australian business, is shaping up as a trouble spot for the global firm, following a billion dollar writedown and a move to stop printing more than 100 regional newspapers. It's an emotional challenge, given 89-year-old Murdoch's ties to his native country where he turned a single newspaper inherited from his father in 1952 into one of the world's most influential companies. The Australian arm faces a double incursion: the broadcast business, Foxtel, is fast losing subscribers to streaming giants like Netflix Inc, while the print arm, like its rivals, is ceding advertisers to Facebook and Google.
18 Jun, 2020
REA Group Limited's (ASX:REA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
REA Group's's (ASX:REA) stock is up by a considerable 40% over the past three months. But the company's key financial...
04 Jun, 2020
Q3 2020 REA Group Ltd Earnings Call