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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.
News For GPI From The Last 14 Days
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October 23, 2014
07:17 EDTGPIGroup 1 Automotive: Brazil operation returned to profit in Q3 post restructuring
The return to profitability was driven by an organizational restructuring, which eliminated 150 positions, 10 percent of total headcount. Additional headcount reductions will occur with the disposal of 3 Renault dealerships in the fourth quarter. The Company's Brazil operations accounted for 7.6 percent of total revenues, 6.1 percent of total gross profit and 0.6 percent of the Company's adjusted pretax income.
07:17 EDTGPIGroup 1 Automotive reports Q3 new vehicle revenue pu 9.7%
Reports Q3 used vehicle revenue up 16.2%. Reports Q3 US revenue up 15.1% to $2.2B; Reports Q3 UK revenue up 7.4% to $252.2M;
07:16 EDTGPIGroup 1 Automotive reports Q3 adjusted EPS $1.57, consensus $1.44
Reports Q3 revenue $2.63B, consensus $2.58B
October 14, 2014
10:01 EDTGPIOn The Fly: Analyst Downgrade Summary
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06:20 EDTGPIGroup 1 Automotive downgraded to Sell from Neutral at Goldman
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October 13, 2014
11:55 EDTGPILithia Motors sinks after cutting profit forecasts
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