Kar Auction Services Inc (KAR) 41.13 $KAR KAR Auction

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Kar Auction Services Inc (KAR) 41.13 $KAR

KAR Auction Services, Inc. Reports Second Quarter 2016 Financial Results
GlobeNewswire - Tue Aug 02, 3:15PM CDT
KAR Auction Services, Inc. (NYSE:KAR), today reported its second quarter financial results for the period ended June 30, 2016. For the second quarter of 2016, the company reported revenue of $771.8 million as compared with revenue of $658.3 million for the second quarter of 2015, an increase of 17%. Net income for the second quarter of 2016 increased 4% to $61.8 million, or $0.44 per diluted share, as compared with net income of $59.5 million, or $0.41 per diluted share, in the second quarter of 2015. Adjusted EBITDA for the quarter ended June 30, 2016 increased 16% to $197.1 million, as compared with Adjusted EBITDA of $170.0 million for the quarter ended June 30, 2015. Operating adjusted net income per diluted share increased 8% to $0.55 for the quarter ended June 30, 2016, as compared with operating adjusted net income per diluted share of $0.51 for the quarter ended June 30, 2015.
KAR: 41.13 (-1.32)

KAR Auction Services, Inc. Announces Participation in Upcoming Investor Conference
GlobeNewswire - Tue Aug 02, 8:00AM CDT
KAR Auction Services, Inc. (NYSE:KAR) today announced its participation in the following investor conference which will also be available via live audio webcast:
KAR: 41.13 (-1.32)

KAR Auction Services, Inc. to Announce Second Quarter 2016 Earnings
GlobeNewswire - Tue Jul 19, 8:00AM CDT
KAR Auction Services, Inc. (NYSE:KAR) announced today that it will be releasing its second quarter 2016 earnings on Tuesday, August 2, 2016.
KAR: 41.13 (-1.32)

Insurance Auto Auctions Increases Presence In Virginia
PR Newswire - Tue Jul 12, 10:00AM CDT
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), and the leading live and live-online salvage auto auction company, today announced the recent expansion of its branch in Culpeper, Virginia. The facility now encompasses 10 additional acres of usable property, presenting IAA with increased capacity to enhance operational capabilities.
KAR: 41.13 (-1.32)

KAR AUCTION SERVICES (KAR) SHAREHOLDER ALERT - Andrews & Springer LLC is Investigating KAR Auction Services, Inc. for Potential Breaches of Fiduciary Duty
BusinessWire - Mon Jul 11, 7:11AM CDT
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against KAR Auction Services, Inc. (NYSE:KAR) ("KAR Auction" or the "Company".
KAR: 41.13 (-1.32)

Hibbett's Strategies on Track: Should You Hold the Stock?
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 6:45AM CDT
Hibbett (HIBB) has been gaining traction from its expansion strategies, impressive earnings history and healthy financial status.
HIBB: 34.82 (+1.18), KAR: 41.13 (-1.32), ULTA: 258.91 (+1.93), RGS: 12.85 (+0.01)

Regis Strong on SuperCuts, SmartStyle Brands; Comps a Drag
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 9:25AM CDT
On Jul 7, we issued an updated research report on Regis Corp. (RGS)
KAR: 41.13 (-1.32), MIK: 25.50 (+0.01), ULTA: 258.91 (+1.93), RGS: 12.85 (+0.01)

Will Big 5's (BGFV) Strategic Endeavors Help Lift the Stock?
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 6:52AM CDT
Big 5 Sporting 's (BGFV) unique strategy of offering branded merchandise sourced from leading manufacturers provides it with a competitive edge.
BGFV: 12.36 (+1.89), KAR: 41.13 (-1.32), MIK: 25.50 (+0.01), ULTA: 258.91 (+1.93)

KAR Auction Services Announces Acquisition of GRS Remarketing
Marketwire Canada - Wed Jun 01, 8:15AM CDT
Online UK Vehicle Remarketer Joins KAR Group of Companies
KAR: 41.13 (-1.32)

Why Investors Love These Stocks? - KAR Auction Services, Finish Line, Genuine Parts, and CST Brands
PR Newswire - Tue May 24, 7:30AM CDT
When it comes to trading in the stock market, there are key fundamentals and technical methods that never get outdated and should often be utilized. Let us see how this is affecting some of the big names in the Specialty Retail industry. ActiveWallSt.com has lined up the following stocks within this space: KAR Auction Services Inc. (NYSE: KAR), Finish Line Inc. (NASDAQ: FINL), Genuine Parts Co. (NYSE: GPC), and CST Brands Inc. (NYSE: CST). Our services are free after all:
CST: 44.35 (+1.06), GPC: 100.73 (+0.16), KAR: 41.13 (-1.32), FINL: 21.51 (+0.30)

Insurance Auto Auctions Announces Enhanced Appraisal Capability for IAA Inspection Services
PR Newswire - Wed May 18, 1:00PM CDT
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), and the leading live and live-online salvage auto auction company, has implemented an enhanced appraisal offering that provides increased flexibility and choice for IAA Inspection Services(TM) customers. This is the latest innovation in the IAA Total Loss Solutions(TM) suite of products that directly impacts the opportunities to improve customer satisfaction and more effectively manage costs during the total loss claims process.
KAR: 41.13 (-1.32)

ADESA Acquires Sanford Auto Dealers Exchange Used Vehicle Auction
Marketwire Canada - Tue May 10, 8:03AM CDT
CARMEL, IN--(Marketwired - May 10, 2016) -  ADESA, a business unit of KAR Auction Services (NYSE: KAR), today announced it has successfully completed the acquisition of Sanford Auto Dealers Exchange (SADE) in Sanford, Florida. 
KAR: 41.13 (-1.32)

KAR Auction Services beats Street 1Q forecasts
Automated Insights - Tue May 03, 4:21PM CDT
CARMEL, Ind. (AP) _ KAR Auction Services Inc. (KAR) on Tuesday reported first-quarter earnings of $60.7 million.
KAR: 41.13 (-1.32)

KAR Auction Services, Inc. Reports First Quarter 2016 Financial Results
Marketwired - Tue May 03, 3:15PM CDT
KAR Auction Services, Inc. (NYSE: KAR), today reported its first quarter financial results for the period ended March 31, 2016. For the first quarter of 2016, the company reported revenue of $745.0 million as compared with revenue of $632.4 million for the first quarter of 2015, an increase of 18%. Net income for the first quarter of 2016 increased 11% to $60.7 million, or $0.44 per diluted share, as compared with net income of $54.5 million, or $0.38 per diluted share, in the first quarter of 2015. Adjusted EBITDA for the quarter ended March 31, 2016 increased 17% to $189.5 million, as compared with Adjusted EBITDA of $162.2 million for the quarter ended March 31, 2015. Operating adjusted net income per diluted share increased 17% to $0.55 for the quarter ended March 31, 2016, as compared with operating adjusted net income per diluted share of $0.47 for the quarter ended March 31, 2015. For the quarter ended March 31, 2016, fluctuations in the Canadian exchange rate negatively impacted revenue by $8.2 million, Adjusted EBITDA by $3.1 million and operating adjusted net income by $1.4 million, or $0.01 per diluted share.
KAR: 41.13 (-1.32)

Should You Sell KAR Auction Services (KAR) Before Earnings?
Zacks Equity Research - Zacks Investment Research - Mon May 02, 7:30AM CDT
A positive Earnings ESP coupled with impressive Zacks Rank has made KAR Auction Services (KAR) an interesting choice for the investors
KAR: 41.13 (-1.32)

Insurance Auto Auctions Announces Collaboration With New York State Department of Motor Vehicles
PR Newswire - Thu Apr 21, 11:07AM CDT
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), and the leading live and live-online salvage auto auction company, has entered into a Memorandum of Understanding (MOU) with the New York State Department of Motor Vehicles (DMV) on February 22, 2016. The Memorandum provides the New York State DMV with daily electronic file transfers of information associated to each salvage certificate for every vehicle IAA acquires by its insurance company clients in settlement of claims for damage or theft. This service successfully streamlines the overall transfer process for the New York State DMV.
KAR: 41.13 (-1.32)

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