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Alabama Judge Strikes Down Verano's Lawsuit, What Happens Now With Companies Still Fighting State Cannabis Regulator?
Monday, October 16, 2023 - 10:04am | 1032Last week, Montgomery County Circuit Court Judge James Anderson decided to dismiss a lawsuit against the Alabama cannabis regulator brought by Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), reported Alabama Daily News. The news came ahead of Verano getting the green light to begin trading its...
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ICYMI: AutoNation CEO Discusses Tesla-GM Pair Trade, Trump At NY Auto Forum
Tuesday, April 11, 2017 - 3:13pm | 720AutoNation, Inc. (NYSE: AN) CEO Mike Jackson presented this morning at the New York Auto forum and shared his insight about the auto industry and the current administration in Washington. Shareholders of U.S auto giants Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Tesla Inc (...
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AutoNation's CEO Talks Tesla, Says Production Guidance Is Somewhere Between 'Audacious' And 'Preposterous'
Friday, May 6, 2016 - 11:15am | 271Mike Jackson, CEO of AutoNation, Inc. (NYSE: AN) certainly knows a thing or two about the auto industry. On Thursday, he was a guest on CNBC's "Squawk Box" segment to discuss Tesla Motors Inc (NASDAQ: TSLA)'s production guidance. Tesla said it is aiming for a production rate of 500,000 vehicles by...
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Auto Retailers Group Lower As AutoNation Warns
Wednesday, January 6, 2016 - 12:01pm | 360Shares of AutoNation, Inc. (NYSE: AN) plunged more than 10 percent on Wednesday after the company issuing a disappointing fourth quarter outlook. AutoNation, the nation's largest dealership operator, said that it sold 35,962 vehicles throughout December. The company noted that while this...
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AutoNation Expects Annual Vehicle Sales To Hover Around 17 Million
Tuesday, August 4, 2015 - 2:10pm | 363Automotive retailer AutoNation, Inc. (NYSE: AN) reported its retail car sales number for the month of July earlier on Tuesday. Mike Jackson, AutoNation CEO, was on CNBC following the release to break down the numbers and share his outlook for the automotive industry. The Numbers "We also had...
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AutoNation CEO Explains How The Company Benefits By Not Giving Guidance
Wednesday, July 22, 2015 - 2:13pm | 367AutoNation, Inc. (NYSE: AN) came out with mixed second-quarter numbers on Wednesday, reporting EPS of $1.01, slightly below analysts' estimates of $1.01. Mike Jackson, AutoNation chairman and CEO, was on CNBC following the earnings declaration to weigh in on the results and discuss benefits...
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What's Driving The Growth In Auto Sales? AutoNation Answers
Wednesday, June 3, 2015 - 1:21pm | 390Even though the U.S. economy is not growing as fast as expected, auto sales have been an outlier. Mike Jackson, AutoNation, Inc. (NYSE: AN) CEO, was on CNBC to discuss why auto sales are booming and what types of vehicles are seeing strong demand. All About Trucks, Premium Lux. Vehicles And...
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AutoNation CEO: 'Fourth Quarter Was Our Best Quarter Ever'
Tuesday, February 3, 2015 - 2:44pm | 420AutoNation, Inc. (NYSE: AN) came out with better-than-expected fourth-quarter earnings on Tuesday. The company posted revenues of $5.05 billion and EPS $1.02 versus analysts expectations of $4.9 billion and $0.92, respectively. Mike Jackson, AutoNation chairman & CEO, was on CNBC after the...
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Market Wrap For January 15: Bulls Take Over As Economic Growth Remains Healthy
Wednesday, January 15, 2014 - 5:45pm | 2827The market picked up where it left off Tuesday and recorded a second straight day of strong gains. The Dow posted a triple digit point gain while the S&P 500 and Nasdaq all gained as the Federal Reserve's Beige Book indicated that economic growth remained healthy in most U.S. regions. The...
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AutoNation Rebranding Yields Record-Breaking Quarter
Thursday, April 18, 2013 - 8:07am | 349Rebranding can go a long way. AutoNation (NYSE: AN) reported its best quarter ever, pulling in $4.1 billion in revenue for the quarter over estimates of $4.03 billion. AutoNation CEO and Chairman Mike Jackson appeared on CNBC Squawk Box to talk about the company record quarterly EPS from...
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Go Big Or Go Home with AutoNation CEO Mike Jackson
Tuesday, January 18, 2011 - 1:59pm | 1258Today's guest on Zing Talk is AutoNation (NYSE: AN) CEO Mike Jackson. Direct Download Subscribe in iTunes How were things in 2010? Mike Jackson: It was a solid recovery year for the industry revolving around the availability of credit. We really had no credit in '08 and '09. We had the...
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AutoNation CEO: $5 Gas Is The Freak-Out Number
Wednesday, January 12, 2011 - 5:26pm | 493When will consumers be forced into using hybrids and other fuel-efficient vehicles? AutoNation, Inc. (NYSE: AN) CEO Mike Jackson thinks he has the answer. “If the price of gas is basically $3 to $3.50, I don't see [fuel efficiency] going anywhere,” said Jackson, who spoke to Benzinga while...