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2023-04-19 10:23:41 ET Falling auto prices impacted Lithia Motors ( NYSE: LAD ) in Q1, with the results rippling across the overall sector to drag on its peers. For the first quarter, the Oregon-based auto retailer missed on top and bottom line expectations as gross prof...
2023-04-18 12:11:48 ET Summary Carvana has been a fast-growing upstart in the used car market for several years. However, financial, competitive, and secular pressures severely endanger the company at this time. Based on my estimations of the company's financial runway, the co...
2023-04-14 19:06:30 ET Summary The used car industry is about to enter a recession. Both AutoNation, Inc. and CarMax, Inc. were reacting to the recession environment and had solid plans for positioning themselves for long-term success. We do not believe the return/risk profile...
2023-04-14 14:30:56 ET Earnings season heats up in mid-April with a host of earnings results due from the likes of Tesla ( NASDAQ: TSLA ), Netflix ( NFLX ), Johnson & Johnson ( JNJ ), Lockheed Martin ( LMT ), and a host of financial giants. Bank of America ( BAC ...
2023-04-14 13:30:11 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch for a full list of events planned for the week or the Seeking Alpha earnings calendar for com...
2023-04-14 09:27:39 ET Building materials and supplies, electronics, general merchandise stores, and motor vehicle & parts dealers were among categories prompting the weakest retail sales report in 6 months. For the month of March, retail sales slid 1% sequentially, more tha...
2023-04-13 11:45:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Toronto, Ontario--(Newsfile Corp. - April 12, 2023) - Arena Minerals Inc. (TSXV: AN) (OTCQX: AMRZF) ("Arena" or the "Company") today announced that the Ontario Superior Court of Justice (Commercial List) has granted the final order in connection with the statutory plan of arr...
2023-04-12 09:05:10 ET Used car and truck prices declined yet again in March, slipping for the ninth consecutive month. According to the latest data from the Bureau of Labor Statistics, used car and truck prices fell 0.9% from February to March 2023, amounting to an 11.2% declin...
2023-04-11 10:22:48 ET CarMax ( NYSE: KMX ) stock surged to a double-digit gain after posting stronger than expected profits for Q4. The positivity from its print appeared to lift many boats in its sector. CarMax reported a 12.6% decline in retail used unit sales alongside a 19....
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AutoNation Announces Second Quarter 2024 Earnings Conference Call and Audio Webcast Scheduled for Wednesday, July 31, 2024 PR Newswire FORT LAUDERDALE, Fla. , July 15, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), today announced that it will release its ...
AutoNation Names Claire Bennett to Board of Directors PR Newswire FORT LAUDERDALE, Fla. , July 11, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), a provider of personalized transportation services and America's most admired automotive retailer, today ...
AutoNation and U.S. Army Announce Partnership to Create Job Opportunities for Soldiers Through PaYS Program PR Newswire FORT LAUDERDALE, Fla. , July 3, 2024 /PRNewswire/ -- As the demand for skilled workers continues to rise, AutoNation, Inc. (NYSE:AN), ...