IAA News and Press, IAA Inc. From 11/14/22

IAA Inc. ( NYSE: IAA ) holder Ancora Holdings is said to plan to vote against the auto salvage company's sale to to Ritchie Bros. ( NYSE: RBA ) as the company believes the sale process was flawed and structured to benefit management. Ancora Holdings, which has a 4% s...

IAA press release ( NYSE: IAA ): Q3 GAAP EPS of $0.38 misses by $0.12 . Revenue of $497.5M (+18.3% Y/Y) misses by $34.25M . For further details see: IAA GAAP EPS of $0.38 misses by $0.12, revenue of $497.5M misses by $34.25M

NEW YORK, NY / ACCESSWIRE / November 10, 2022 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: IAA, Inc. (NYSE:IAA)'s sale to...

IAA ( NYSE: IAA ) is scheduled to announce Q3 earnings results on Thursday, November 10th, before market open. The consensus EPS Estimate is $0.53 (+1.9% Y/Y) and the consensus Revenue Estimate is $531.75M (+26.4% Y/Y). Over the last 2 years, IAA has beaten EPS estim...

Summary Ritchie Bros. has seen a solid year so far, yet its shares were still pricey to start with. The company announced a huge deal for IAA, a huge deal which is valued at a price tag equivalent to its own valuation. Leverage incurred, and a puzzled strategic rationale make ...

NEW YORK, NY / ACCESSWIRE / November 9, 2022 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Ritchie Bros. Auctioneers Incorpo...

Ritchie Bros. ( NYSE: RBA ) ticked down 1.7% after it was cut to neutral from buy at BofA as the planned purchase of IAA Inc ( NYSE: IAA ) likely adds "uncertainty to a story that was rather straight forward." The shares plunged 18% on Monday. BofA analyst Mi...

Shares of Ritchie Bros. Auctioneers (NYSE: RBA) were falling today after the company announced a $7.3 billion acquisition of IAA (NYSE: IAA) , saying it would form a leading global marketplace for heavy equipment and vehicles. Ritchie Bros. also reported third-quarter revenu...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Blue Planet Studio / Shutterstock.com Meta Platforms (NASDAQ: META ) stock is on the move Monday as reports circulate that the company is preparing for layoffs and a hiring freeze . According to insid...

MONSEY, N.Y., Nov. 07, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether the directors of IAA, Inc. (NYSE: IAA) (“IAA”) acted in the best interests of IAA shareholders in approving the sale of IAA to Ritchie Bros. Auctioneers (“Ri...