Edition:
United Kingdom

KAR Auction Services Inc (KAR.N)

KAR.N on New York Stock Exchange

51.88USD
7:40pm GMT
Change (% chg)

$0.59 (+1.15%)
Prev Close
$51.29
Open
$51.73
Day's High
$52.56
Day's Low
$51.73
Volume
56,565
Avg. Vol
195,753
52-wk High
$64.52
52-wk Low
$45.38

Latest Key Developments (Source: Significant Developments)

Kar Auction Services - Unit, co entered amending agreement no.2 to fourth amended and restated receivables purchase agreement
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - KAR Auction Services Inc ::KAR AUCTION SERVICES - UNIT, CO ENTERED AMENDING AGREEMENT NO.2 TO FOURTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT DATED DEC 18.KAR AUCTION SERVICES SAYS UNDER TERMS, AGGREGATE MAXIMUM COMMITMENT OF PURCHASERS INCREASED FROM $1.50 BILLION TO $1.70 BILLION - SEC FILING.KAR AUCTION SERVICES - UNDER TERMS, TERMINATION DATE EXTENDED FROM JAN 31, 2020 TO JAN 28, 2022.KAR AUCTION SERVICES - UNIT, AFC FUNDING CORPORATION ENTERED EIGHTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT, DATED DEC 18.KAR AUCTION SERVICES - AS AMENDED, FOURTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT REFERRED TO AS "CANADIAN RECEIVABLES PURCHASE AGREEMENT".KAR AUCTION SERVICES - UNDER TERMS, CANADIAN RECEIVABLES PURCHASE AGREEMENT PROGRAM LIMIT WAS INCREASED FROM C$125 MILLION TO C$175 MILLION.KAR AUCTION SERVICES - UNDER TERMS, CANADIAN RECEIVABLES PURCHASE AGREEMENT TERMINATION DATE EXTENDED FROM JAN 31, 2020 TO JAN 28, 2022.  Full Article

Kar Auction Services Says Acquisition Of Carsontheweb Digital Wholesale Auction Platform To Anchor Co's European Operations And Expansion
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - KAR Auction Services Inc ::KAR AUCTION SERVICES INC - ACQUISITION OF CARSONTHEWEB DIGITAL WHOLESALE AUCTION PLATFORM TO ANCHOR COMPANY'S EUROPEAN OPERATIONS AND EXPANSION.KAR AUCTION - TRANSACTION VALUED AT ABOUT 91 MILLION EUROS IN CASH & UP TO ADDITIONAL 65 MILLION EUROS OVER SPECIFIED PERIOD OF TIME CONTINGENT ON SOME TERMS.KAR AUCTION - AFTER TRANSACTION CLOSES, INTENDS TO RETAIN COTW’S CURRENT OPERATING LOCATIONS, EMPLOYEES, KEY COTW LEADERSHIP,MANAGEMENT TEAM MEMBERS.  Full Article

Tesla Working With Manheim And Adesa To Manage And Sell A Higher Volume Of Used Vehicles - CNBC
Monday, 19 Nov 2018 

Nov 19 (Reuters) - :TESLA IS WORKING WITH MANHEIM AND ADESA TO MANAGE AND SELL A HIGHER VOLUME OF USED VEHICLES - CNBC.  Full Article

KAR Auction Services reports Q3 earnings per share $0.46
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - KAR Auction Services Inc :KAR Auction Services Inc reports third quarter 2017 financial results.Q3 adjusted operating earnings per share $0.57.Q3 earnings per share $0.46.Q3 revenue $843 million versus I/B/E/S view $846 million.Q3 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.KAR Auction Services Inc - announced a cash dividend of $0.35 per share on common stock, an increase of $0.03 per share from previous dividend​.KAR Auction Services Inc - ‍company increases guidance for full year 2017 net income per share and operating adjusted net income per share​.KAR Auction Services Inc sees ‍2017 net income per share $1.68 - $1.78​.KAR Auction Services Inc sees 2017 ‍operating adjusted net income per share $2.30 - $2.40​.Fy2017 earnings per share view $2.24 -- Thomson Reuters I/B/E/S.KAR Auction Services Inc - sees 2017 capital expenditures of $‍​150 million.  Full Article