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Stock Market & Financial Investment News

News Breaks
December 4, 2012
17:29 EDTABGAsbury Automotive approves $50M repurchase program
Asbury Automotive Group announced that its board of directors has authorized the repurchase of up to $50M of the Company's common stock. The repurchases may be made in open market transactions. The Company's new stock repurchase program replaces, effective January 1, 2013, its expiring $47.4M program authorized in December 2011, under which the Company has repurchased $21M of shares since January.
News For ABG From The Last 14 Days
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October 24, 2014
17:31 EDTABGLionEye Capital raises stake in Asbury Automotive to 7.2% from 6.2%
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October 23, 2014
17:38 EDTABGAsbury Automotive appoints David Hult as COO
Asbury Automotive Group announced that David W. Hult will join the company as its EVP and COO effective November 3. Most recently, Hult was COO at RLJ McLarty Landers.
13:46 EDTABGSAB Captial reports 5.7% passive stake in Asbury Automotive
October 22, 2014
10:09 EDTABGOn The Fly: Analyst Downgrade Summary
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08:50 EDTABGAsbury Automotive downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum downgraded Asbury Automotive to Hold based on an increased focus on capital allocation and balanced risk/reward. Price target lowered to $67 from $79.
October 21, 2014
07:14 EDTABGAsbury Automotive reports Q3 new vehicle retail revenue up 8%
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07:06 EDTABGAsbury Automotive reports Q3 EPS from cont ops $1.08, consensus $1.07
Reports Q3 revenue $1.51B, consensus $1.51B
October 17, 2014
07:31 EDTABGAsbury Automotive increases total share repurchase authorizatioan to $200M
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