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Showing results for Dunn's Wholesale Auto Sales, Inc.
...The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent....
...Overall, the S&P 500 closed up 0.33 per cent at 2,119.12....
...Retailers shined on the benchmark S&P 500, as L Brands and Costco reported a jump in same-store sales in January....
...Overall sales fell 1 per cent in the period to $760m as Garmin’s auto and mobile business continued to see intense competition from free offerings by Apple and Google....
...(Financial Times) OVERNIGHT MARKETS: DOWN Asian markets Nikkei 225 down -21.61 (-0.17%) at 12,327 Topix down -1.48 (-0.14%) at 1,039 Hang Seng down -29.44 (-0.13%) at 23,061 US markets S&P 500 up +5.04...
...April retail sales (consensus 0.1 per cent, excluding autos 0.2 per cent) are also out, alongside Empire State manufacturing data (consensus 9.0) – though watch out if the latter remains at the low level...
...and helped boost first-quarter sales at Unilever, the Anglo-Dutch conglomerate, reports the FT....
...The US wholesale equivalent was 98 cents a pound, he said....
...Sharper losses on the S&P earlier in the day were pared, however, after economic data showing that US wholesale inventories had risen higher than expected in January....
...Under instructions from federal regulators, the new chairman, Walter Massey, undertook a wholesale shake-up of Lewis’s once compliant board of directors....
...Automakers were in focus yesterday after the United Auto Workers began strike action at Chrysler....
...The bank expects headline and ex-auto sales to fall 0.1 per cent and 0.2 per cent respectively. Wal-Mart was in the spotlight with a sales fall of 3.5 per cent last month, worse than expected....
...“More and more of our economy is service-oriented, and even within the goods sector, there is a disconnect between wholesale and retail prices, most notably for autos.”...
...At the close of trading, the S&P 500 index was down 0.36 per cent, or 4.96 points, at 1,364.09....
...Dana was the worst performer on the S&P....
...The shares had been struggling in recent months as a result of weak demand in its wholesale footwear and accessories businesses....
...This week’s spike in crude prices did not help the embattled auto sector....
...By the close of trade, the S&P 500 had edged up 1.26 points to 1,221.59 points, while the Dow Jones Industrial Average fell 21.97, or 0.2 per cent, to 10,459.63....
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