ADVFN - Advanced Financial Network.
HOME» NYSE » A » AN Stock Price » AN Stock News

Autonation Share News

 Autonation, Inc. Stock Price
AN Stock Price
 Autonation, Inc. Stock Chart
AN Stock Chart
 Autonation, Inc. Stock News
AN Stock News
 Autonation, Inc. Company Information
AN Company Information
 Autonation, Inc. Stock Trades
AN Stock Trades

CORRECT:WSJ:AutoNation CEO Says GM To Get Sales Boost From AmeriCredit

("WSJ:AutoNation CEO Says GM To Get Sales Boost From AmeriCredit," published at 10:27 a.m. EDT, incorrectly reported AutoNation's earnings per share. A corrected version follows.) By Neal E. Boudette Of THE WALL STREET JOURNAL The chief executive of AutoNation Inc. (AN) said on Thursday he expects General Motors Co. (GM) to get a lift in U.S. vehicle sales as a result of the auto maker's acquisition of lending company AmeriCredit. "It will absolutely boost their [new-vehicle] sales," CEO Michael J. Jackson said in an interview. AutoNation is the country's largest chain of auto dealerships and operates 51 stores selling GM vehicles. "It gives me a lot of confidence around GM." The AmeriCredit deal, he added, "is going to make at least a 10% to 15% difference in [GM sales] volume. GM is losing customers even today because of lack of credit among sub-prime customers." (This story and related background material will be available on The Wall Street Journal Web site, Earlier on Thursday, AutoNation reported net income up 29% at $47.2 million, while earnings per share jumped 38% to 29 cents a share. The Ft. Lauderdale, Fla., company purchased 20.9 million of its own shares during the second quarter, and allocated $250 million for additional share purchases.

Stock News for Autonation (AN)
02/05/201616:37:22Statement of Changes in Beneficial Ownership (4)
02/02/201618:25:22Statement of Changes in Beneficial Ownership (4)
01/28/201609:48:00U.S. Hot Stocks: Hot Stocks to Watch
01/28/201608:10:00AutoNation Profit Slumps
01/28/201607:36:54Current Report Filing (8-k)
01/28/201607:28:00AutoNation Reports 2015 Fourth Quarter and Full Year Results
01/12/201614:57:00Why Auto Stocks Are Sinking After Car Sales' Record Year
01/07/201608:00:00AutoNation Announces Fourth Quarter and Full Year 2015 Earnings...
01/06/201618:08:16Statement of Changes in Beneficial Ownership (4)
01/06/201618:05:55Statement of Changes in Beneficial Ownership (4)
01/06/201618:02:57Statement of Changes in Beneficial Ownership (4)
01/06/201618:00:02Statement of Changes in Beneficial Ownership (4)
01/06/201617:57:02Statement of Changes in Beneficial Ownership (4)
01/06/201617:54:18Statement of Changes in Beneficial Ownership (4)
01/06/201617:52:06Statement of Changes in Beneficial Ownership (4)
01/06/201617:44:25Statement of Changes in Beneficial Ownership (4)
01/06/201617:39:58Statement of Changes in Beneficial Ownership (4)
01/06/201613:41:00AutoNation CEO Sees Slowdown In High-End Luxury Cars -- 2nd Update
01/06/201607:30:00AutoNation CEO Sees Slowdown in Luxury Cars
01/06/201606:54:23Current Report Filing (8-k)

Autonation and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations