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Wednesday, April 7, 2010 as of 11:14 AM ET

AutoNation

AutoNation, the largest auto retailer in the United States, was founded in 1996 by entrepreneur H. Wayne Huizenga, also founder of Blockbuster and Waste Management.

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What the Big Guns are Doing

Big gun investors John Paulson, Steve Cohen, Anton Schutz and Eddie Lampert all made surprising investment moves this past quarter that investors may want to take note of, according to Wall Street research shop SNL Financial.

While hedge fund manager Paulson ditched financials, we already told you that George Soros is buying them (see Emac's Bottom Line, "Soros Dumps Google and Apple, Buys Banks" )Add Anton Schutz's Mendon Capital to the bulls on the banks, as his shop doubled its JPMorgan (NYSE:JPM) stake in the first quarter. SNL has more detail you won't want to miss:PAULSON CUTS BACK ON U.S. FINANCIALSClosely watched John Paulson is the hedge fund manager famous for making smart bets against the U.S. subprime mortgages in 2007. He's hit a rocky patch, with some of his funds dropping by a third to a half, notably due to investments in gold, which have sunk into the red.And now his fund, Paulson & Co., has taken a big scissor to holdings of U.S.-based financial services stocks in the ...

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  1. GM's U.S. Sales Accelerate in September

    General Motors Co (NYSE:GM) and Chrysler Group reported September U.S. auto sales gains of at least 20 percent, a sign that consumers have returned as vehicle invent...

  2. September auto sales seen up 9 percent

    By Bernie Woodall and Soyoung KimDETROIT (Reuters) - September U.S. auto sales are seen rising to their highest since April when the earthquake in Japan began to imp...

  3. Good times roll for auto suppliers

    By Ben KlaymanDETROIT (Reuters) - Major auto suppliers blew past profit expectations on Friday, suggesting the recovery in the global auto market remains strong desp...

  4. Quake Likely to Shutter Toyota's North American Factories

    A shortage of parts from disaster-ridden Japan is very likely to force Toyota (NYSE:TM) to shut down its North American factories, a spokesman for the auto giant rep...

  5. AutoNation President on Supply Issues in Japan

    AutoNation President Mike Maroone on the state of the auto-supply industry in the wake of high gas prices and Japan's earthquake.

  6. Did Old Man Winter Ruin the Super Bowl?

    FBN's Chris Cotter discusses whether a winter chill will put a damper on the Super Bowl spirit.

  7. White House Determined to Keep Spending Spigot Open

    Philanthropist Wayne Huizenga and AutoNation CEO Mike Jackson on the impact that the government's expansion is having on business today.

  8. AutoNation sales outperform industry, shares rise

    * Shares up 4 pct (Updates share price, includes performance of other U.S. publicly traded auto groups)DETROIT (Reuters) - AutoNation Inc's August sales outperformed...

  9. AutoNation sales outperform industry, sales rise

    DETROIT (Reuters) - AutoNation Inc reported Thursday that August sales that outperformed the overall industry and shares of the largest U.S. auto dealer group rose m...

  10. John Elway Back to the Broncos

    NFL Hall of Famer John Elway on the upcoming season and why he is working with his old team again.

  11. AutoNation COO: GM Made a Good Move

    AutoNation COO Mike Maroone on how GM's AmeriCredit deal impacts the company.

  12. U.S Stocks See Green

    FBN’s Robert Gray on stocks getting a lift from solid earnings and the latest economic data.

  1. Car Advertising: What's Fact and What's a Fib

    If you are car shopping, you probably can't help but notice car advertising from both manufacturers and dealers everywhere you turn -- on television, in the Sunday p...

  2. AutoNation 'pleased' With Quarterly Results

    Automotive retailer AutoNation , Inc. Thursday reported fourth quarter net income of $69.4 million, or 49 cents per share, versus $67.3 million, or 45 cents per shar...

  3. Upbeat Weekly Sales Lift Retail Stocks

    Retail stocks reversed their earlier decline, moving in opposition to the broader markets, after investors reacted positively to an upbeat weekly sales report. Ahead...

  4. Retail Stocks Dip Despite Upbeat Weekly Sales

    Retail stocks headed lower with the broader markets on Wednesday despite an upbeat weekly sales report. Ahead of retailers' December sales releases on Thursday, a su...

  5. Positive Signs in the Economy

    Deutsche Bank Advisors Chief Economist Josh Feinman argues that U.S. data has improved in recent months.

  6. AutoNation 3Q Climbs on Higher Prices, Used Cars

    AutoNation ’s (NYSE:AN) profit climbed 24% in the third quarter as strong demand for used vehicles and higher prices continued to offset weak new car sales and Japan...

  7. Can Cain’s 9/9/9 Plan Work?

    Presidential candidate Herman Cain argues his taxation plan can right the economy.

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