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February, 2016

Fitch to Rate Hertz Vehicle Financing II LP, Series 2016-1 and 2016-2; Issues Presale

Fitch to Rate Hertz Vehicle Financing II LP, Series 2016-1 and 2016-2; Issues Presale

Bill to Require Two Days’ Notice Prior to Disabling of Automobiles Clears Panel

Moriarty, Coughlin amp; Mukherji Bill to Require Two Days’ Notice Prior to Remote Disabling of Automobiles Clears Assembly Panel (TRENTON) – Legislation Assemblymen Paul Moriarty, Craig Coughlin and Raj Mukherji sponsored to regulate the use of payment assurance devices by automobile dealers and lenders was released Thursday by an Assembly panel. The bill (A-756) would […]

Price Target Update On Tata Motors Ltd (NYSE:TTM)

Tata Motors Limited is an automobile company. The Company is engaged in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. Its operating segments include automotive operations and all other operations. Its automotive segment operations include all activities relating to the […]

Asbury Automotive Group Inc. (ABG) Jumps 5.95% on February 04

Asbury Automotive Group Inc. (ABG) was among the biggest gainers on the Russell 2000 for Thursday February 04 as the stock popped 5.95% to $47.89, representing a gain of $2.69 per share. Some 745,401 shares traded hands on 7,134 trades, compared with an average daily volume of 459,402 shares out of a total float of […]

Is Bad Credit A Relationship Killer?

With February upon us, our minds turn to thoughts of love, romance and relationships. There are many ways to grow a relationship — through affection, openness and trust — and our focus tends to be on these things during this month. But as couples increasingly trust each other, and as they see their lives become […]

Compass Point Reiterates Buy on Ally Financial (ALLY) as Key Drivers Remain Intact

Get an inside look at Wall Street with StreetInsider Premium. Get your 2-week free trial here Compass Point maintained a Buy rating on Ally Financial (NYSE: ALLY), and cut the price target to $22.00 (from $26.00), following the companys 4Q earnings report. ALLY reported 4Q15 adjusted EPS of $0.52 versus the streets consensus of $0.51. […]

Asbury on used-car stores: ‘This is the year for Q’

“I think this is the year for Q,” Monaghan said, “where our internal objective is to get it to the point where those stores are generating an attractive ROI.” What may help on the ROI front is that there’s not a lot of capital “tied up” in the stores, particularly for the two smaller-format locations, […]

Group 1 Automotive Incorporated (NYSE:GPI) Shorted Shares Increased 13.35% After Market Selling

The stock of Group 1 Automotive Incorporated (NYSE:GPI) registered an increase of 13.35% in short interest. GPI’s total short interest was 1.52 million shares in February as published by FINRA. Its up 13.35% from 1.34 million shares, reported previously. With 482,600 shares average volume, it will take short sellers 3 days to cover their GPI’s […]

Uber partners banks for car financing schemes for its drivers

NEW DELHI: US-based taxi aggregator Uber has partnered with banks and financial institutions in India to facilitate vehicle financing to its driver partners as it looks to strengthen its presence in the country. We have tied up with banks and various other top financial institutions in the country to make the process of vehicle financing […]

Daimler AG (DDAIF) Upgraded by Zacks Investment Research to "Hold"

Zacks Investment Research upgraded shares of Daimler AG (OTCMKTS:DDAIF) from a sell rating to a hold rating in a research note released on Tuesday morning, Market reports. According to Zacks, DAIMLER AG with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses, is a globally leading producer of premium […]

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