Dealertrack Holdings (TRAK) 63.16 $TRAK
Dealertrack Completes Sale of Inventory+ Business to DealerSocket
BusinessWire - Thu Oct 01, 8:30AM CDT
Dealertrack Technologies (Nasdaq:TRAK) today announced that it has completed the sale of its Inventory+ business to DealerSocket, Inc. in an all-cash transaction for approximately $55 million.
TRAK: 63.16 (+1.05)
Cox Automotive Opening New Doors to Clients, Team Members and Auto Industry with Completion of Acquisition of Dealertrack
BusinessWire - Thu Oct 01, 8:14AM CDT
Cox Automotive(TM), Inc., a leading provider of digital marketing, wholesale and e-commerce solutions across the automotive industry, announced it has completed its acquisition of Dealertrack(R) Technologies, Inc. (NASDAQ:TRAK), a leader in software solutions and services for automotive retailers. Under the terms of the deal, Cox Automotive acquired Dealertrack in an all-cash tender offer to purchase all of the outstanding shares of Dealertrack. The transaction is valued at approximately $4 billion, or $63.25 per share of Dealertrack common stock. As of today, the common stock of Dealertrack will cease trading and will no longer be listed on the NASDAQ Global Market.
TRAK: 63.16 (+1.05)
After Yesterday's Rally of 1.69% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Sep 30, 4:37PM CDT
DealerTrack (NASDAQ:TRAK) traded in a range yesterday that spanned from a low of $63.14 to a high of $63.21. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $62.67 on volume of 2.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TRAK: 63.16 (+1.05)
Cox Automotive(TM) and Dealertrack(R) Provide Update on Timing of Transaction
BusinessWire - Thu Sep 24, 3:30PM CDT
Cox Automotive, Inc. and Dealertrack Technologies, Inc. (NASDAQ:TRAK) announced today that the acquisition of Dealertrack by Cox Automotive pursuant to the Agreement and Plan of Merger dated as of June 12, 2015 is now expected to close in October 2015.
TRAK: 63.16 (+1.05)
Stocks From Information Technology Sector Under Radar - FLIR Systems, Dealertrack Technologies, Cree, Fortinet, and Glu Mobile
PR Newswire - Thu Sep 24, 7:48AM CDT
ACI Association has initiated research coverage on the following equities: FLIR Systems, Inc. (NASDAQ: FLIR), Dealertrack Technologies, Inc. (NASDAQ: TRAK), Cree, Inc. (NASDAQ: CREE), Fortinet, Inc. (NASDAQ: FTNT), Glu Mobile Inc. (NASDAQ: GLUU). On Tuesday, September 22, 2015, Nasdaq ended at 4,756.72, down 1.50%, Dow Jones declined 1.09%, to finish the day at 16,330.47, and the S&P closed at 1,942.74, down 1.23%. Register for your complimentary reports at the links given below.
FLIR: 32.02 (+0.22), TRAK: 63.16 (+1.05), GLUU: 2.43 (+0.08), FTNT: 33.61 (+0.15), CREE: 25.04 (-0.57)
Dealertrack's incadea Enters Tire Business in China
BusinessWire - Thu Sep 24, 6:00AM CDT
Further expanding its presence in Asia, Dealertrack Technologies (Nasdaq:TRAK) today announced that as part of an agreement between incadea and Michelin Headquarters, Michelin China will deploy the tire and fast-fit business solution based on Dealertrack's incadea.fastfit tire business management solution in more than 2,000 TYREPLUS Service Centers across the People's Republic of China by 2018. Incadea, through its subsidiary operation in China, further builds upon the company's existing installed base of dealer management systems (DMS) and other solutions in the region.
TRAK: 63.16 (+1.05)
Cox Automotive(TM) and Dealertrack(R) Announce Extension of Tender Offer for Shares of Dealertrack(R)
BusinessWire - Wed Sep 23, 7:30AM CDT
Cox Automotive, Inc. and Dealertrack Technologies, Inc. (NASDAQ:TRAK) announced today that pursuant to the Agreement and Plan of Merger, dated June 12, 2015, by and among Cox Automotive, Runway Acquisition Co., and Dealertrack (the "Merger Agreement"
, Cox Automotive has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock (the "Shares" of Dealertrack for $63.25 per Share, net to the seller thereof in cash, without interest and subject to any withholding taxes required by applicable law and upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 26, 2015 (the "Offer" . The Offer, which was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Wednesday, September 23, 2015, has been extended until 12:00 midnight, New York City time, on Wednesday, September 30, 2015, unless it is extended further under the circumstances set forth in the Merger Agreement. All terms and conditions of the Offer shall remain unchanged during the extended period.
TRAK: 63.16 (+1.05)
Toro Set to Join the S&P MidCap 400; SPX, SPX FLOW and Core-Mark to Join the S&P SmallCap 600
PR Newswire - Mon Sep 21, 5:15PM CDT
S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
TTC: 90.30 (-0.28), SPW: 49.44 (+1.09), CBK: 2.29 (-0.07), TRAK: 63.16 (+1.05), MHFI: 107.92 (+1.16), CORE: 48.79 (+0.45)
Dealertrack Hosts Interactive Digital Buying Workshop at Digital Dealer Conference in October
BusinessWire - Tue Sep 15, 8:00AM CDT
During the 19th Digital Dealer Conference in Las Vegas next month, Ali Mendiola of Dealertrack (Nasdaq: TRAK) will host a session on how dealers can increase customer satisfaction, sales and profits through the use of a comprehensive, interactive digital buying experience.
TRAK: 63.16 (+1.05)
DealerSocket Inc. to Acquire Inventory+ from Dealertrack(R)
BusinessWire - Thu Aug 20, 8:00AM CDT
DealerSocket Inc. and Dealertrack Technologies, Inc. (NASDAQ:TRAK) today announced that they have entered into a definitive agreement under which DealerSocket will acquire Dealertrack's Inventory+ business in an all-cash transaction for approximately $55 million.
TRAK: 63.16 (+1.05)
Auto Title Express Reopens Baton Rouge Office at New Location
BusinessWire - Tue Aug 18, 10:00AM CDT
Auto Title Express, a registered trade name of Dealertrack Registration and Titling Services - Louisiana, LLC, today announced the grand opening of its new Baton Rouge location on Friday, August 21, 2015.
TRAK: 63.16 (+1.05)
Planet Payment, Inc. Appoints Robert J. Cox as President and Chief Operating Officer, Raymond D'Aponte as Chief Financial Officer
GlobeNewswire - Mon Aug 10, 7:50AM CDT
Planet Payment, Inc. (NASDAQ
LPM) a leading provider of international payment and transaction processing and multi-currency processing services, is pleased to announce that the Company has appointed Robert J. Cox as President of the Company with immediate effect. Mr. Cox will also continue in his role as Chief Operating Officer. The Company has promoted Raymond D'Aponte to Chief Financial Officer. Mr. Cox and Mr. D'Aponte will both be reporting to Carl J. Williams, Chairman and CEO.
PLPM: 4.11 (+0.07), TRAK: 63.16 (+1.05)
Dealertrack's incadea Expands Reach into Strategic Global Markets with incadea.myengine DMS
BusinessWire - Wed Jul 29, 7:00AM CDT
Dealertrack Technologies (Nasdaq:TRAK) today announced it has secured several customer wins with some of the world's most recognized automakers and dealer groups for its incadea.myengine automotive DMS solution. Munich-based incadea will strengthen its presence in several growth markets, including Europe, Africa and Latin America, by leveraging the uniquely competitive value of its Microsoft Dynamics NAV 2013-based scalable DMS solution.
TRAK: 63.16 (+1.05)
Technical Snapshot on Internet Software and Services Stocks -- SINA Corp., Dealertrack Technologies, Net Element, GoDaddy, and Coupons.com
PR Newswire - Tue Jul 28, 8:20AM CDT
Equity Research Institute has initiated coverage on the following equities: SINA Corporation (NASDAQ: SINA), Dealertrack Technologies Inc. (NASDAQ: TRAK), Net Element Inc. (NASDAQ: NETE), GoDaddy Inc. (NYSE: GDDY), and Coupons.com Inc. (NYSE: COUP). Free research report on SINA Corp. can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=SINA. On Monday, July 27, 2015, the NASDAQ Composite ended at 5,039.78, down 0.96%, the Dow Jones Industrial Average lost 0.73%, to finish the day at 17,440.59, and the S&P 500 closed at 2,067.64, down 0.58%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
COUP: 7.93 (-0.20), NETE: 1.88 (-0.02), SINA: 53.59 (+0.34), TRAK: 63.16 (+1.05), GDDY: 30.52 (-0.20)
Downgrade Alert for DealerTrack (TRAK)
Comtex SmarTrend(R) - Mon Jul 27, 7:12AM CDT
DealerTrack (NASDAQ:TRAK) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $61.98 on volume of 1.8 million shares, below average daily volume of 2.7 million. DealerTrack Holdings Inc. provides on-demand software and data solutions for the automotive retail industry in the United States. The Company utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies.
TRAK: 63.16 (+1.05)
Cox Automotive(TM) and Dealertrack(R) Receive Second Request from DOJ under Hart-Scott-Rodino Act and Announce Extension of Tender Offer for Shares of Dealertrack(R)
BusinessWire - Fri Jul 24, 7:00AM CDT
Cox Automotive, Inc. and Dealertrack Technologies, Inc. (NASDAQ: TRAK) announced today that they have each received a request for additional information and documentary material (the "Second Request" from the U.S. Department of Justice (the "DOJ" in connection with the DOJ's review of Cox Automotive's pending acquisition of Dealertrack.
TRAK: 63.16 (+1.05)
Dealertrack Honored with Eight Dealers' Choice Awards from Auto Dealer Monthly Magazine
BusinessWire - Mon Jun 29, 12:30PM CDT
Dealertrack Technologies (Nasdaq:TRAK) was honored with eight 2015 Dealers' Choice Awards from Auto Dealer Monthly Magazine. The Dealers' Choice Awards are voted on exclusively by dealers and dealership personnel, and recognize the industry's best product and service providers.
TRAK: 63.16 (+1.05)
Dealertrack Completes Sale of Inventory+ Business to DealerSocket
BusinessWire - Thu Oct 01, 8:30AM CDT
Dealertrack Technologies (Nasdaq:TRAK) today announced that it has completed the sale of its Inventory+ business to DealerSocket, Inc. in an all-cash transaction for approximately $55 million.
TRAK: 63.16 (+1.05)
Cox Automotive Opening New Doors to Clients, Team Members and Auto Industry with Completion of Acquisition of Dealertrack
BusinessWire - Thu Oct 01, 8:14AM CDT
Cox Automotive(TM), Inc., a leading provider of digital marketing, wholesale and e-commerce solutions across the automotive industry, announced it has completed its acquisition of Dealertrack(R) Technologies, Inc. (NASDAQ:TRAK), a leader in software solutions and services for automotive retailers. Under the terms of the deal, Cox Automotive acquired Dealertrack in an all-cash tender offer to purchase all of the outstanding shares of Dealertrack. The transaction is valued at approximately $4 billion, or $63.25 per share of Dealertrack common stock. As of today, the common stock of Dealertrack will cease trading and will no longer be listed on the NASDAQ Global Market.
TRAK: 63.16 (+1.05)
After Yesterday's Rally of 1.69% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Sep 30, 4:37PM CDT
DealerTrack (NASDAQ:TRAK) traded in a range yesterday that spanned from a low of $63.14 to a high of $63.21. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $62.67 on volume of 2.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TRAK: 63.16 (+1.05)
Cox Automotive(TM) and Dealertrack(R) Provide Update on Timing of Transaction
BusinessWire - Thu Sep 24, 3:30PM CDT
Cox Automotive, Inc. and Dealertrack Technologies, Inc. (NASDAQ:TRAK) announced today that the acquisition of Dealertrack by Cox Automotive pursuant to the Agreement and Plan of Merger dated as of June 12, 2015 is now expected to close in October 2015.
TRAK: 63.16 (+1.05)
Stocks From Information Technology Sector Under Radar - FLIR Systems, Dealertrack Technologies, Cree, Fortinet, and Glu Mobile
PR Newswire - Thu Sep 24, 7:48AM CDT
ACI Association has initiated research coverage on the following equities: FLIR Systems, Inc. (NASDAQ: FLIR), Dealertrack Technologies, Inc. (NASDAQ: TRAK), Cree, Inc. (NASDAQ: CREE), Fortinet, Inc. (NASDAQ: FTNT), Glu Mobile Inc. (NASDAQ: GLUU). On Tuesday, September 22, 2015, Nasdaq ended at 4,756.72, down 1.50%, Dow Jones declined 1.09%, to finish the day at 16,330.47, and the S&P closed at 1,942.74, down 1.23%. Register for your complimentary reports at the links given below.
FLIR: 32.02 (+0.22), TRAK: 63.16 (+1.05), GLUU: 2.43 (+0.08), FTNT: 33.61 (+0.15), CREE: 25.04 (-0.57)
Dealertrack's incadea Enters Tire Business in China
BusinessWire - Thu Sep 24, 6:00AM CDT
Further expanding its presence in Asia, Dealertrack Technologies (Nasdaq:TRAK) today announced that as part of an agreement between incadea and Michelin Headquarters, Michelin China will deploy the tire and fast-fit business solution based on Dealertrack's incadea.fastfit tire business management solution in more than 2,000 TYREPLUS Service Centers across the People's Republic of China by 2018. Incadea, through its subsidiary operation in China, further builds upon the company's existing installed base of dealer management systems (DMS) and other solutions in the region.
TRAK: 63.16 (+1.05)
Cox Automotive(TM) and Dealertrack(R) Announce Extension of Tender Offer for Shares of Dealertrack(R)
BusinessWire - Wed Sep 23, 7:30AM CDT
Cox Automotive, Inc. and Dealertrack Technologies, Inc. (NASDAQ:TRAK) announced today that pursuant to the Agreement and Plan of Merger, dated June 12, 2015, by and among Cox Automotive, Runway Acquisition Co., and Dealertrack (the "Merger Agreement"
, Cox Automotive has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock (the "Shares" of Dealertrack for $63.25 per Share, net to the seller thereof in cash, without interest and subject to any withholding taxes required by applicable law and upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 26, 2015 (the "Offer" . The Offer, which was previously scheduled to expire at 12:00 midnight, New York City time, at the end of Wednesday, September 23, 2015, has been extended until 12:00 midnight, New York City time, on Wednesday, September 30, 2015, unless it is extended further under the circumstances set forth in the Merger Agreement. All terms and conditions of the Offer shall remain unchanged during the extended period. TRAK: 63.16 (+1.05)
Toro Set to Join the S&P MidCap 400; SPX, SPX FLOW and Core-Mark to Join the S&P SmallCap 600
PR Newswire - Mon Sep 21, 5:15PM CDT
S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
TTC: 90.30 (-0.28), SPW: 49.44 (+1.09), CBK: 2.29 (-0.07), TRAK: 63.16 (+1.05), MHFI: 107.92 (+1.16), CORE: 48.79 (+0.45)
Dealertrack Hosts Interactive Digital Buying Workshop at Digital Dealer Conference in October
BusinessWire - Tue Sep 15, 8:00AM CDT
During the 19th Digital Dealer Conference in Las Vegas next month, Ali Mendiola of Dealertrack (Nasdaq: TRAK) will host a session on how dealers can increase customer satisfaction, sales and profits through the use of a comprehensive, interactive digital buying experience.
TRAK: 63.16 (+1.05)
DealerSocket Inc. to Acquire Inventory+ from Dealertrack(R)
BusinessWire - Thu Aug 20, 8:00AM CDT
DealerSocket Inc. and Dealertrack Technologies, Inc. (NASDAQ:TRAK) today announced that they have entered into a definitive agreement under which DealerSocket will acquire Dealertrack's Inventory+ business in an all-cash transaction for approximately $55 million.
TRAK: 63.16 (+1.05)
Auto Title Express Reopens Baton Rouge Office at New Location
BusinessWire - Tue Aug 18, 10:00AM CDT
Auto Title Express, a registered trade name of Dealertrack Registration and Titling Services - Louisiana, LLC, today announced the grand opening of its new Baton Rouge location on Friday, August 21, 2015.
TRAK: 63.16 (+1.05)
Planet Payment, Inc. Appoints Robert J. Cox as President and Chief Operating Officer, Raymond D'Aponte as Chief Financial Officer
GlobeNewswire - Mon Aug 10, 7:50AM CDT
Planet Payment, Inc. (NASDAQ
LPM) a leading provider of international payment and transaction processing and multi-currency processing services, is pleased to announce that the Company has appointed Robert J. Cox as President of the Company with immediate effect. Mr. Cox will also continue in his role as Chief Operating Officer. The Company has promoted Raymond D'Aponte to Chief Financial Officer. Mr. Cox and Mr. D'Aponte will both be reporting to Carl J. Williams, Chairman and CEO. PLPM: 4.11 (+0.07), TRAK: 63.16 (+1.05)
Dealertrack's incadea Expands Reach into Strategic Global Markets with incadea.myengine DMS
BusinessWire - Wed Jul 29, 7:00AM CDT
Dealertrack Technologies (Nasdaq:TRAK) today announced it has secured several customer wins with some of the world's most recognized automakers and dealer groups for its incadea.myengine automotive DMS solution. Munich-based incadea will strengthen its presence in several growth markets, including Europe, Africa and Latin America, by leveraging the uniquely competitive value of its Microsoft Dynamics NAV 2013-based scalable DMS solution.
TRAK: 63.16 (+1.05)
Technical Snapshot on Internet Software and Services Stocks -- SINA Corp., Dealertrack Technologies, Net Element, GoDaddy, and Coupons.com
PR Newswire - Tue Jul 28, 8:20AM CDT
Equity Research Institute has initiated coverage on the following equities: SINA Corporation (NASDAQ: SINA), Dealertrack Technologies Inc. (NASDAQ: TRAK), Net Element Inc. (NASDAQ: NETE), GoDaddy Inc. (NYSE: GDDY), and Coupons.com Inc. (NYSE: COUP). Free research report on SINA Corp. can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=SINA. On Monday, July 27, 2015, the NASDAQ Composite ended at 5,039.78, down 0.96%, the Dow Jones Industrial Average lost 0.73%, to finish the day at 17,440.59, and the S&P 500 closed at 2,067.64, down 0.58%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
COUP: 7.93 (-0.20), NETE: 1.88 (-0.02), SINA: 53.59 (+0.34), TRAK: 63.16 (+1.05), GDDY: 30.52 (-0.20)
Downgrade Alert for DealerTrack (TRAK)
Comtex SmarTrend(R) - Mon Jul 27, 7:12AM CDT
DealerTrack (NASDAQ:TRAK) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $61.98 on volume of 1.8 million shares, below average daily volume of 2.7 million. DealerTrack Holdings Inc. provides on-demand software and data solutions for the automotive retail industry in the United States. The Company utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies.
TRAK: 63.16 (+1.05)
Cox Automotive(TM) and Dealertrack(R) Receive Second Request from DOJ under Hart-Scott-Rodino Act and Announce Extension of Tender Offer for Shares of Dealertrack(R)
BusinessWire - Fri Jul 24, 7:00AM CDT
Cox Automotive, Inc. and Dealertrack Technologies, Inc. (NASDAQ: TRAK) announced today that they have each received a request for additional information and documentary material (the "Second Request"
from the U.S. Department of Justice (the "DOJ" in connection with the DOJ's review of Cox Automotive's pending acquisition of Dealertrack. TRAK: 63.16 (+1.05)
Dealertrack Honored with Eight Dealers' Choice Awards from Auto Dealer Monthly Magazine
BusinessWire - Mon Jun 29, 12:30PM CDT
Dealertrack Technologies (Nasdaq:TRAK) was honored with eight 2015 Dealers' Choice Awards from Auto Dealer Monthly Magazine. The Dealers' Choice Awards are voted on exclusively by dealers and dealership personnel, and recognize the industry's best product and service providers.
TRAK: 63.16 (+1.05)
