Wednesday, April 7, 2010 as of 11:14 AM ET
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.
Read More at Wikipedia ›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 ...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...
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...
By Ben KlaymanDETROIT (Reuters) - Major auto suppliers blew past profit expectations on Friday, suggesting the recovery in the global auto market remains strong desp...
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...
AutoNation President Mike Maroone on the state of the auto-supply industry in the wake of high gas prices and Japan's earthquake.
FBN's Chris Cotter discusses whether a winter chill will put a damper on the Super Bowl spirit.
Philanthropist Wayne Huizenga and AutoNation CEO Mike Jackson on the impact that the government's expansion is having on business today.
* 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...
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...
NFL Hall of Famer John Elway on the upcoming season and why he is working with his old team again.
AutoNation COO Mike Maroone on how GM's AmeriCredit deal impacts the company.
FBN’s Robert Gray on stocks getting a lift from solid earnings and the latest economic data.
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...
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...
Retail stocks reversed their earlier decline, moving in opposition to the broader markets, after investors reacted positively to an upbeat weekly sales report. Ahead...
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...
Deutsche Bank Advisors Chief Economist Josh Feinman argues that U.S. data has improved in recent months.
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...
Presidential candidate Herman Cain argues his taxation plan can right the economy.
