Auto Vehicles, Parts & Service Retailers

KAR Auction Services Inc raises FY 2015 outlook

KAR Auction Services Inc:Expect FY 2015 adjusted EBITDA of $635 - $665 mln (prior range of $630 - $660 mln).Expects FY 2015 net income per share of $1.43 - $1.58 (prior range of $1.40 - $1.55).Expects FY 2015 adjusted net income per share of $1.62 - $1.77 (prior range of $1.60 - $1.75).FY 2015...

Monday, 3 Aug 2015

Wuxi Commercial Mansion Grand Orient to acquire 40 pct stake in Wuxi-based market

Wuxi Commercial Mansion Grand Orient Co Ltd:To acquire 40 pct stake in a Wuxi-based market (target company), from an individual, Zhang Jifu.Transaction price of 18,916,520 yuan.To hold 100 pct stake in the target company, after the transaction.

Saturday, 1 Aug 2015

Shanghai Shenhua Holdings issues H1 2015 net profit outlook

Shanghai Shenhua Holdings Co Ltd:Sees net profit for the H1 2015 to increase 166 pct to 172 pct, or to be 53 mln yuan to 58 mln yuan.The net profit of the same period in 2014 was -80,908,900 yuan.Comments that increased investment income and favorable subsidiary business performance as the main...

Tuesday, 28 Jul 2015

Sonic Automotive, Inc. names o. bruton smith as executive chairman, b. Scott smith to chief executive officer

Sonic Automotive, Inc:Says Names o. bruton smith as executive chairman, b. Scott smith to chief executive officer.Says david b. smith will continue to serve as the company's vice chairman.Says realignment became effective immediately upon approval by Sonic Automotive inc.'s board of directors.

Monday, 27 Jul 2015

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