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Goldman Sachs, JPMorgan, Chase & Co., Citigroup and Deutsche Bank analysts rated the luxury automaker as a buy or equivalent this week.
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Cars.com has appointed James F. Rogers as the company’s chief legal officer. He will be responsible for directing all areas of legal and compliance, including legal-related aspects of strategic initiatives and acquisition-related legal and integration matters.
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During a quarterly earnings conference call last week, Ally’s former CEO opened up about General Motors’ unexpected decision to move all of its lease incentives to its captive, GM Financial.
Read More →The U.S. Department of the Treasury plans to wind down its investment in Ally Financial by selling additional shares of common stock through its first pre-defined written trading plan. The Treasury current holds about 16% of Ally common stock.
Read More →Last week, TrueCar announced the pricing of its initial public offering of 7,775,000 shares of its common stock at a price to the public of $9 per share.
Read More →TrueCar filed a statement this week with the Securities and Exchange Commission for a proposed initial public offering of its common stock.
Read More →Chrysler Group LLC amended its initial public offering to more clearly detail its value to its majority owner, Fiat, Bloomberg reports.
Read More →According to a filing with SEC last week, Santander Consumer USA confirmed its intentions to raise up to $50 million in an initial public offering.
Read More →Santander Consumer USA and three other equity firms are planning to list Santander in the coming months to take advantage of favorable market conditions to sell shares.
Read More →For the second time, Atlanta-based AutoTrader Group Inc. pulled plans to go public, according to a recent SEC filing.
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