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Latest Penske Automotive Group (PAG) Headlines

Penske Automotive Acquires BMW Of Greenwich
PR Newswire - Thu Mar 13, 7:04AM CDT
Penske Automotive Group, Inc. (NYSEAG), an international transportation services company, announced today that it has acquired BMW of Greenwich located in Greenwich, Connecticut. The company estimates the new BMW dealership will generate approximately $190 million in revenue on an annualized basis.

Lithia Motors Buys Stores in Hawaii - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 10, 5:30PM CDT
Lithia Motors Inc. announced the acquisition of Honolulu Buick GMC Cadillac and Honolulu Volkswagen stores in Honolulu, Hawaii

Penske Automotive To Expand Presence In South Florida
PR Newswire - Fri Feb 28, 7:35AM CST
Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, has signed a letter of intent with Porsche Cars North America to construct a new Porsche dealership in Broward County. This new dealership will represent the company's seventh (7th) Porsche dealership in the United States and fifteenth (15th) worldwide.

Lithia Motors (LAD) Jumps: Stock Rises 6% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 7:57AM CST
Lithia Motors Inc. (LAD) was a big mover last session, as the company saw its shares rise over 6% on the day.

Penske Q4 Earnings & Revs Beat Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 14, 12:20PM CST
Penske Automotive Group Inc.'s fourth-quarter 2013 earnings improved 19.3% to 68 cents from 57 cents reported in the year-ago quarter.

Penske Automotive
at Investor's Business Daily - Thu Feb 13, 5:33PM CST
Penske Automotive (PAG) said Q4 EPS rose 19% to 68 cents, beating views by a penny. Sales rose 15% to $3.85 bil, above views for $3.77 bil. Same-store sales jumped 12.4%. Shares rose 0.9% to 41.98.

Penske Automotive Reports Record Fourth Quarter and Full Year 2013 Results
PR Newswire Europe - Thu Feb 13, 6:34AM CST
BLOOMFIELD HILLS, Michigan, Feb. 13, 2014 /PRNewswire/ --

Group 1 Automotive Meets On Earnings, Beats On Sales
at Investor's Business Daily - Wed Feb 05, 10:16AM CST
Shares of Group 1 Automotive (GPI) moved lower on the stock market today after the auto dealer beat quarterly revenue estimates but only met EPS views. The Houston-based company logged fourth-quarter earnings of $1.08 a share, up 9% from the prior...

Tomorrow's Ex-Dividends To Watch: SRLP, PAG, ACC, GWW, STX
at The Street - Wed Feb 05, 9:00AM CST
SRLP PAG ACC GWW STX are going ex-dividend tomorrow, Thursday, Feb. 6, 2014, 5:00 AM ET

Penske Cut to Neutral - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 03, 2:10PM CST
On Jan 29, we downgraded Penske Automotive Group Inc. to Neutral from Outperform.

Lithia Motors Could Shift Into Gear Soon
Philip Saglimbeni, The Motley Fool - Motley Fool - Fri Jan 31, 12:16PM CST
Although the major indices have pulled back a bit in recent weeks, many companies' stocks are still close to their all-time high levels. It is at times like these that I find it beneficial to study particular companies that have not fared as well...

Penske Automotive Increases Dividend to $0.18 Per Share
PR Newswire Europe - Tue Jan 28, 7:55AM CST
Penske Automotive Group, Inc. , an international transportation services company, today announced that its Board of Directors has approved a cash dividend of $0.18 per share for the fourth quarter of 2013. The dividend is payable on March 3, 2014, to shareholders of record on February 10, 2014.

Penske Automotive Group To Host Fourth Quarter And Full-Year Earnings Conference Call
PR Newswire Europe - Thu Jan 16, 3:04PM CST
Penske Automotive Group, Inc. , an international transportation services company, will host its fourth quarter and full-year financial results conference call as follows:

How To YieldBoost Penske Automotive Group To 12.3% Using Options
at The Street - Mon Jan 06, 10:58AM CST
Shareholders of Penske Automotive Group looking to boost their income beyond the stock's 1.5% annualized dividend yield can sell the May covered call at the $50 strike and collect the premium based on the $1.80 bid, which annualizes to an additional...

CarMax Falls: Buying Opportunity?
Andrés Cardenal, The Motley Fool - Motley Fool - Mon Jan 06, 9:34AM CST
CarMax has fallen by more than 12% since reporting earnings numbers below Wall Street analysts' expectations on December 20. But the company has a smart and differentiated business model allowing it to outgrow competitors like AutoNation , ...

CarMax Shares Fall on Earnings Miss - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 23, 2:35PM CST
Shares of CarMax Inc. declined 9.4% to $48.08 on Dec 20, 2013 post the announcement of the results for the third quarter of fiscal 2014

CarMax Earnings Miss As Buyers Get Outside Loans
at Investor's Business Daily - Fri Dec 20, 11:08AM CST
CarMax (KMX) just missed third-quarter earnings forecasts as more customers borrowed from outside lenders, hurting financing income. The nation's top used car dealer chain by market capitalization earned 47 cents a share, up 15% from a year earlier...

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