New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 8, 2012
08:10 EDTGPIGroup 1 Automotive price target raised to $80 from $62 at Stifel Nicolaus
Stifel Nicolaus expects Group 1 to benefit from several trends, including recent U.S. sales performance, higher discretionary intent relative to lower vehicle breakdowns, and stronger sales of Japanese imports. The firm thinks Group 1 has a high level of exposure to U.S. regions whose auto sales are outperforming, and Stifel maintains a Buy rating on the stock.
News For GPI From The Last 14 Days
Check below for free stories on GPI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 15, 2014
07:09 EDTGPIGroup 1 Automotive disposes of two dealerships in Long Island, New York
Group 1 Automotive announced the disposition of Hassel BMW MINI and Mercedes-Benz of Massapequa located on Long Island in New York. The company, in addition to the dealerships, also disposed of owned real estate associated with both dealerships. In total, the dealerships generated approximately $260M in trailing-twelve-month revenues. The disposals are consistent with Group 1's strategy of portfolio management and disciplined capital expenditure management.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use