AutoNation Sales Drop Off
Thursday, February 7th, 2008Lower sales drag fourth-quarter earnings lower than expected.
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Lower sales drag fourth-quarter earnings lower than expected.
0 comments Paul Kedrosky | Stock Picks, Media, Uncategorized |
Revenue grows 12%.
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But profit falls from a year earlier.
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Wall Street posts gains for the first time this week.
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Shares fall on the company’s warning of lower demand.
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At least one deal, possibly Delta and Northwest, could be announced in the coming weeks, sources say.
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The insurer looks cheap after being hammered on its quarterly report, Cramer says.
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Akamai Technologies shares rise following a strong earnings report.
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Select Comfort sinks.
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Shares rise 3% on the news.
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