Archive for March, 2009

25 March

Pay-off to Valeo boss prompts backlash (at FT.com)

The backlash against executive pay-outs at troubled companies spread across Europe on Tuesday as a storm broke in France over a EU3.2m pay-off for the departing chief executive of Valeo, the loss-making car equipment supplier.

25 March

Let CarMax Do the Online Car Shopping for You (Business Wire)

RICHMOND, Va.—-CarMax, Inc. , the nation’s largest retailer of used cars, announces the new Email Alert feature on carmax.com. This option provides customers with more control and flexibility during their online car shopping experience.

25 March

AutoNation CEO pay package fell 28 percent in 2008 (AP)

The chairman and chief executive of AutoNation Inc., the nation’s largest auto retailer, received compensation in 2008 valued at about $2.6 million — representing a 28 percent decline from the year before — mainly as a result of a steep drop in the value of the company’s stock.

25 March

Analyst Picks and Pans: GE, AutoNation, Palm (at BusinessWeek)

What Wall Street analysts are saying about selected stocks in the news Friday

25 March

UBS Downgrades AutoNation: A Reason to Ignore Analysts (at Seeking Alpha)

25 March

AN Slumps on Liquidity Concerns (Zacks.com)

25 March

CarMax Announces Webcast Information for Year End Earnings and Upcoming Conferences (Business Wire)

RICHMOND, Va.—-CarMax, Inc. announced today the webcast and/or conference call access information for upcoming events.

25 March

AutoNation Shares: What Options Say Now (at CNBC)

25 March

AutoNation May Fall Further, Options Show (at TheStreet.com)

25 March

AutoNation rolls out payment protection program (AP)

In an effort to bolster consumer confidence and jump-start vehicle demand, AutoNation Inc. said Thursday that it will cover up to six months of a customer’s payments in the event they lose their job.