|Last Price$77.56||Day Change (%)0.57%|
|Open Price$77.67||Day Change ($)0.44|
|Day Range77.04–78.28||52-Week Range45.31–78.30|
As of Fri 12/26/2014 04:37 PM EST | USD
Asbury Automotive Group , Inc . Acquires New Ford Store in Georgia
Asbury Automotive Group , Inc . Announces Closing of Offering of $400.0 million of 6.0% Senior Subordinated Notes due 2024 and Amendment of Senior Secured Credit Facility
The author does not own any of the stocks or funds mentioned above.
Buffett will increase the competition for acquisitions, but there are still plenty of opportunities for the publicly traded dealers in this fragmented market, writes Morningstar’s David Whiston.
The dealers are the only auto sector we cover in which all firms enjoy an economic moat.
Widening investment-grade credit spreads and rising interest rates lead to losses.