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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.
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May 16, 2013
16:36 EDTGPIGroup 1 Automotive raises quarterly cash dividend 6.7% to 16c per share
Group 1 Automotive announced that its board declared a cash dividend of 16c per share for Q1. The dividend, which represents an increase of 6.7%, or 1c per share, from 4Q12, will be payable on June 17, to stockholders of record on June 3.

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