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FORT LAUDERDALE, Fla. , July 3, 2024 /PRNewswire/ -- As the demand for skilled workers continues to rise, AutoNation, Inc. (NYSE:AN), a provider of personalized transportation services, has announced a new strategic partnership with the U.S. Army through the Partnership for Your Success (PaYS) program to provide soldiers with career pathways in the automotive industry following their military service.
Software company CDK Global said it has managed to bring a batch of U.S. car dealerships back on to its system after a cyberattack severely disrupted their operations last week, raising hopes the issue can soon be resolved.
CarMax (KMX) reports earnings tomorrow morning. LikeFolio's Landon Swan discusses what to watch when CarMax reports.
Zacks Auto Retail and Wholesale players like RUSHA and AN are poised to navigate industry headwinds, courtesy of their strategic expansion initiatives and shareholder-friendly moves.
Companies may buy back shares if management views the stock as undervalued. AutoNation has a rich history of buying back shares, and just announced a $1 billion program.
When investors think about their potential winnings through the stock market, two methods typically get the lion's share of attention. The most straightforward appreciation will happen through the classic buy low and sell high (with a little luck).
Companies like GPI, BWA and AN increase their buyback authorization to investors' delight.
Stock buybacks, or share repurchase programs, are commonly executed by companies to boost shareholder value.
AutoNation's (AN) first-quarter earnings top estimates but sales miss the mark. To boost investors' confidence, AN authorizes an additional $1 billion share buyback under its repurchase program.
The headline numbers for AutoNation (AN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.