Asbury Automotive Group Inc (ABG) News

Asbury Automotive Group Inc (ABG)

Today's Latest Price: $117.76 USD

4.99 (4.42%)

Updated Dec 1 7:00pm

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Ranked of 16 in Auto Dealers & Rentals

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Latest ABG News From Around the Web

Below are the latest news stories about Asbury Automotive Group Inc that investors may wish to consider to help them evaluate ABG as an investment opportunity.

Asbury Automotive Group Announces Private Offering of Additional Senior Notes Due 2028 And Additional Senior Notes Due 2030

DULUTH, Ga. , Sept. 14, 2020 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG ) ("Asbury") announced today that it intends to offer up to $250.0 million aggregate principal amount of additional senior notes, which will consist of senior notes due 2028 (the "Additional 2028 Notes") and senior notes due 2030 (the "Additional 2030 Notes" and together with the Additional 2028 Notes, the "Additional Notes"). The offering will be exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Additional Notes of each series are part of the same issuance of, and will rank equally and form a single series, respectively, with the $280.0 million outstanding aggregate principal amount of Asbury's 4.50% senior notes due 2028 (the "2028 Notes")...

Benzinga | September 14, 2020

Asbury Automotive Group Announces Pricing Of Its Private Offering Of Additional Senior Notes Due 2028 And Additional Senior Notes Due 2030

DULUTH, Ga., Sept. 14, 2020 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury") announced today that it has priced its previously announced private placement of senior notes, consisting of $125.0 million aggregate principal amount of additional 4.50% Senior Notes due 2028…

PR Newswire | September 14, 2020

Asbury Automotive Group Completes The Acquisition Of Park Place Dealerships

DULUTH, Ga., Aug. 24, 2020 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has completed the acquisition of Park Place Dealerships adding approximately $1.7 billion in annual revenues. "Park Place remains…

PR Newswire | August 24, 2020

Wholesale used car prices stay in an uptrend

Manheim says all major wholesale used auto market segments saw seasonally adjusted price increases in the first 15 days of August on a year-over-year comparison. Luxury cars and pickup trucks outperformed the overall market, while most other major segments underperformed the overall market. Wholesale used vehicle prices were up 3.4%...

Seeking Alpha | August 18, 2020

Bull market for used car prices could set up well for auto retail sector

Wholesale used vehicle prices rose 5.84% M/M in July and were up 12.50% from a year ago as demand stays strong amid the pandemic and economic downturn. Luxury cars and pickup trucks outperformed the overall market, while most other major segments underperformed the overall market."Used vehicle prices have recovered as...

Seeking Alpha | August 7, 2020

Top Ranked Momentum Stocks to Buy for July 31st

Top Ranked Momentum Stocks to Buy for July 31st

Yahoo | July 31, 2020

Pixelworks Delivers Captivating Gaming to Tencent Black Shark 3S with Patented Motion Processing

Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of advanced power-efficient visual processing solutions, and Black Shark, a cutting-edge gaming technology company, today announced that the new Tencent Black Shark 3S gaming smartphones integrate the Pixelworks fifth generation visual processor and software. The gaming smartphone features the Company's unique MotionEngine® technology with dual-channel MIPI to support Tencent games with text-over-graphics, Always-HDR mode and auto-adaptive display technology with Active DC Dimming, enabling superior visual quality in all gaming environments.

Yahoo | July 31, 2020

The Zacks Analyst Blog Highlights: Asbury Automotive, Artisan Partners, Golden Star and eBay

The Zacks Analyst Blog Highlights: Asbury Automotive, Artisan Partners, Golden Star and eBay

Yahoo | July 30, 2020

Earnings Update: Here's Why Analysts Just Lifted Their Asbury Automotive Group, Inc. (NYSE:ABG) Price Target To US$110

Asbury Automotive Group, Inc. (NYSE:ABG) last week reported its latest second-quarter results, which makes it a good...

Yahoo | July 30, 2020

Is Asbury Automotive Group (ABG) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Yahoo | July 30, 2020



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