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Stock Market & Financial Investment News

News Breaks
August 18, 2014
06:03 EDTSAH, KMXCarMax to get new rival in used cars, WSJ reports
Sonic Automotive (SAH) is expected to today announce the creation of EchoPark stores, a chain of pre-owned vehicle stores that would compete with CarMax (KMX), the Wall Street Journal reports. Reference Link
News For SAH;KMX From The Last 14 Days
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March 4, 2015
10:01 EDTKMXOn The Fly: Analyst Downgrade Summary
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08:02 EDTKMXCarMax downgraded to Neutral from Outperform at RW Baird
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February 25, 2015
14:49 EDTSAHSonic Automotive upgraded to Neutral from Underperform at BofA/Merrill
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February 24, 2015
11:17 EDTSAHSonic Automotive: Echo Park won't reach profitability till 4th year of operation
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11:12 EDTSAHSonic Automotive expects to own 49%-50% of its real estate portfolio by 2017
Expects real estate to have "significant value" for the company going forward. Comments taken from Q4 earnings conference call.
11:01 EDTSAHSonic Automotive sees 2015 new car industry volume to be between 16.5M-17M units
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07:38 EDTSAHSonic Automotive sees FY15 adjusted EPS $2.01-$2.11, consensus $2.14
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07:37 EDTSAHSonic Automotive reports Q4 new retail units up 2.2% to 34,755
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07:37 EDTSAHSonic Automotive reports Q4 adjusted EPS 63c, consensus 62c
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