Penske Automotive Group PAG
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Penske Reports Record Quarterly Results to Start 2013
On Monday, Penske Automotive Group PAG reported first-quarter results that gave us no reason to change our fair value estimate or our moat rating. Earnings per …
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New Morningstar Analyst Report - Penske Automotive Group , Inc.
… owns about one-third of Penske Automotive Group . The next-largest shareholder ..... raise needless questions. Penske Automotive Group owns and operates 173 U ..... brands in its sales mix, Penske Automotive Group has a strong framework for …
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Penske Automotive Closes Out 2012 With a Strong Fourth Quarter
Penske Automotive Group PAG reported record fourth-quarter results on Wednesday. We continue to model operating margin materially above the full-year …
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Penske profit beats but stock falls
(Reuters) - Penske Automotive Group Inc , the No. 2 U.S. car dealership group, posted a stronger-than-expected quarterly profit on Friday, but shares fell more than 2 percent as gross margins and...
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Penske's Third-Quarter Results Beat Consensus but Stock Still Looks Rich to Us
Penske Automotive Group PAG reported third-quarter results on Friday that beat consensus. We are leaving our fair value estimate in place as we already …
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Penske posts stronger-than-expected profit
Nov 2 (Reuters) - Penske Automotive Group Inc, the No. 2 U.S. dealership group, on Friday posted a stronger-than-expected quarterly profit, helped by a 24 percent jump in retail sales of vehicles.
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New Issue - Penske Automotive sells $550 mln in notes
Aug 14 (Reuters) - Penske Automotive Group Inc on Tuesday sold $550 million of senior subordinated notes, said IFR, a Thomson Reuters service. The size of the deal was increased from the...
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TEXT-S&P rates Penske Automotive Group notes 'B'
Aug 14 - Standard & Poor's Ratings Services today said it has assigned its 'B' issue rating to Penske Automotive Group Inc.'s proposed $400 million senior subordinated debt offering. We assigned this debt a recovery rating of …
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Penske posts higher profit on jump in vehicle sales
July 31 (Reuters) - Penske Automotive Group Inc, one of the largest U.S. dealership groups, reported a higher second-quarter profit on Tuesday, buoyed by a 21-percent increase in vehicle sales.
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TEXT-S&P raises Penske Automotive Group to 'BB-'
June 21 - Overview -- Bloomfield Hills, Mich.-based Penske Automotive Group Inc. has improved credit measures in the past year and continues to generate good discretionary cash flow. -- We are raising …