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AutoNation (NYSE: AN) shareholders are trailing the market this year. Their stock dropped 23% compared to a 4% decline in the S&P 500 through the end of June, according to data provided by S&P Global Market Intelligence . The new- and used-car retailer's stock had declined by nea...
The stock market rally finally took a break on Wednesday morning, with major benchmarks falling as a host of worries plagued investors. Continued rising COVID-19 case counts and a downgrade of global economic growth prospects made market participants think twice about the bullish case that has h...
Shares of Hertz (NYSE: HTZ) , the bankrupt vehicle rental company, jumped over 70% on buyout speculation Wednesday morning. It's been widely covered that Hertz and its massive $19 billion pile of debt will likely leave current shareholders with nothing . That said, the bankruptcy process ca...
Hertz (NYSE: HTZ ) shares are spiking pre-market as a variety of market participants pass along comments that a Wall Street analyst is seeing indications the company may get acquired. More news on: Hertz Global Holdings, Inc., CarMax, Inc., AutoNation, Inc., Stocks on the move, Read mo...
Berenberg starts off coverage on AutoNation (NYSE: AN ) with a Buy rating. More news on: AutoNation, Inc., Consumer stocks news, Read more ...
FORT LAUDERDALE, Fla. , June 16, 2020 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), AutoNation, America's largest and most recognized automotive retailer, today announces FREE Vehicle Sanitization for First Responders every Tuesday beginning June 16, 2020 until August 25, 2020 . ...
Morgan Stanley checks in the U.S. auto sector with dealer and manufacturers slowly revving back up. More news on: Fiat Chrysler Automobiles N.V., General Motors Company, Ford Motor Company, Consumer stocks news, Read more ...
Image source One of the many industries that has been heavily impacted by COVID-19 is the entire automotive sector. Economic shutdowns across the world had ripple effects on things like car production through disrupted supply chains, reduced buying activity due to job losses and general un...
End Of A Dividend Growth Era Penske Automotive Group ( PAG ) paid its last consecutive quarterly dividend in March 2020 ahead of the COVID-19 related shutdowns that impacted many industries. The company announced on May 13 that it would suspend the dividend to conserve cash and mitigate th...
Vroom ( VRM ) trades at $46.16 after the company's IPO was priced at $22 last night. Shares swapped hands as high as $47.50 earlier in the session. More news on: Vroom Inc., Carvana Co., Cars.com Inc., Consumer stocks news, Stocks on the move, Top stock market news, Read more ...
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Corporate earnings came to the market’s rescue in the past week, helping to overcome rate fears. As we look ahead to the unfolding week, it r...
Shares of Aon plc (NYSE:AON) fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results. ...
U.S. stocks were higher, with the Dow Jones jumping over 150 points on Friday. Shares of Skechers U.S.A., Inc. (NYSE:SKX) rose sharply during Frida...