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Stock Market & Financial Investment News

News Breaks
November 1, 2012
14:58 EDTORLY, PBY, AZO, AAPAdvance Auto Parts jumps after CNBC says exploring possible sale
Advance Auto Parts (AAP) has hired Blackstone to explore a sale of the company, CNBC's David Faber repots, citing sources. Advance Auto is speaking mainly to private equity firms, and a sale price could top $6B, Faber added. Shares of Advance Auto Parts jumped 8.8% following the report, before being halted for volatility. Peers of Advance Auto Parts include Pep Boys (PBY), O'Reilly Automotive (ORLY), AutoZone (AZO).
News For AAP;PBY;ORLY;AZO From The Last 14 Days
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January 13, 2015
10:00 EDTORLYOn The Fly: Analyst Downgrade Summary
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05:45 EDTORLYO'Reilly Automotive downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded O'Reilly Automotive to Sell on expectations the company's sales will miss consensus estimates in 2015 and that share repurchases will slow. Goldman lowered its price target for shares to $179 from $181, but notes it expects the O'Reilly to beat Q4 forecasts.

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