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Stock Market & Financial Investment News

News Breaks
June 20, 2014
06:57 EDTSAHSonic Automotive downgraded at Goldman
As previously reported, Goldman downgraded Sonic Automotive to Sell from Neutral. The firm downgraded shares due to limited M&A potential given high leverage and constrained operating margins from the One Sonic and pre-owned initiatives. Price target lowered to $22 from $23.
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July 22, 2014
15:12 EDTSAHSonic Automotive downgraded to Underperform from Buy at BofA/Merrill
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07:34 EDTSAHSonic Automotive reports Q2 EPS 51c, consensus 53c
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07:34 EDTSAHSonic Automotive reports Q2 new retail vehicle revenue $1.30B
Reports Q2 used vehicles revenue $603.87M; Reports Q2 wholesale revenue $44.77M.

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