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Auto Vehicles, Parts & Service Retailers

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Auto Italia and Ferrari enters into legally binding agreement in connection with transitional deals

Friday, 26 May 2017 08:13am EDT

May 26 (Reuters) - Auto Italia Holdings Ltd <0720.HK>::Group And Ferrari entered into legally binding agreement together with other related documentation in connection with transitional deals.

Camping World continues Virginia expansion with acquisition of Reines RV center

Thursday, 25 May 2017 08:30am EDT

May 25 (Reuters) - Camping World Holdings Inc :Camping World continues Virginia expansion with acquisition of Reines RV center.Plans for continued expansion in state of Virginia, with acquisition of Reines RV center, with dealerships in northern and central Virginia.

Automotive Holdings says will close a number of non‐ performing businesses

Wednesday, 24 May 2017 06:35pm EDT

May 25 (Reuters) - Automotive Holdings Group Ltd :Asx alert-ahg fy2017 trading update-ahg.ax.Expects to deliver a full year 2017 operating profit after tax in range of A$87m to A$89m.Company has undertaken a cost reduction program and will close a number of non‐ performing businesses."These actions are expected to deliver pre‐tax savings of circa $10m per annum and result in restructuring costs of circa $35m".Majority of these costs are non‐cash and will be classified as unusual in nature and will therefore impact our statutory npat for FY2017.Second half earnings in refrigerated logistics in FY2017 are expected to be significantly higher than corresponding period in FY2016."Tightening conditions in automotive market have been an increasing challenge in half"."Focus at moment is on making structural changes , and cost reduction will be a strong focus over near term".

Copart Q3 earnings per share $0.38

Wednesday, 24 May 2017 06:04pm EDT

May 24 (Reuters) - Copart Inc :Copart reports third quarter fiscal 2017 financial results.Q3 earnings per share $0.38.Q3 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Q3 non-gaap earnings per share $0.37 excluding items.Q3 non-gaap earnings per share $0.37 excluding items.Q3 revenue up 7.7 percent to $373.9 million.Q3 revenue view $387.0 million -- Thomson Reuters I/B/E/S.

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