Trinseo Reports Fourth Quarter and Full Year 2019 Financial Results; Provides 2020 Full Year Outlook
Full Year 2019 Summary Net income of $92 million, diluted EPS of $2.26 and Adjusted EPS of $3.13 Adjusted EBITDA of $352 million Cash provided by operating activities of $322 million; Free Cash Flow of $212 million Fourth Quarter 2019 Summary Net income of $6 million, diluted EPS of $0.14 and Adjusted EPS of $0.35 […]
Midwest Automotive Media Association Announces Family Vehicle of the Year and Luxury Family Vehicle of the Year Award Recipients
CHICAGO–(BUSINESS WIRE)–The Midwest Automotive Media Association (MAMA) announced today at the Chicago Auto Show that the 2020 Kia Telluride has been named the winner of its 10th annual Family Vehicle of the Year award, and the 2020 Lincoln Aviator has been named the winner of the second annual Luxury Family Vehicle of the Year award. […]
Uber Announces Results for Fourth Quarter and Full Year 2019
Revenue of $4.1 billion, growing 37% year-over-year or 39% on a constant currency basis Rides Adjusted EBITDA of $742 million, with continued margin expansion SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the fourth quarter and full year ended December 31, 2019. Financial Highlights for Fourth Quarter 2019 Gross Bookings grew […]
Dave Cantin Group Has Record-Breaking Year in Auto Dealership M&A Closures and Philanthropy
NEW YORK–(BUSINESS WIRE)–Dave Cantin Group (DCG), one of the world’s largest automotive dealership M&A firms, announced that 2019 was a record-breaking year in both closure rates and charitable giving. In 2019, the group had closure rates of over 90%, with the fourth quarter being the strongest of the year. Even with those impressive numbers George […]
Plymouth Rock Assurance Announces Stockton University Foundation Alumni Car Insurance Discount Program
WOODBRIDGE, N.J.–(BUSINESS WIRE)–#PlymouthRock—Plymouth Rock Assurance, a leading auto and home insurance provider in the Northeast, is pleased to announce its affiliation with Stockton University Foundation to provide Stockton University alumni with discounted car insurance. This program is available to Stockton University alumni in Connecticut, New Jersey and Pennsylvania. “An important part of the Stockton University […]
Arcimoto and Road America Team Up to Provide Nationwide Roadside Assistance and Pre-Certified Repair Centers to Arcimoto Ultra-Efficient Electric Vehicle Owners
EUGENE, Ore.–(BUSINESS WIRE)–$FUV #FUV–Arcimoto, Inc.® (NASDAQ: FUV) — makers of the Fun Utility Vehicle® (FUV®) — an affordable, practical, and thrilling pure electric vehicle for everyday commuters and fleets, announced today an agreement with Road America to provide nationwide 24-hour roadside assistance to FUV owners. Additionally, Arcimoto will have access to Road America’s network of […]
SproutLoud and Acoustic Announce Strategic Go-to-Market Partnership for Distributed Marketing
SUNRISE, Fla.–(BUSINESS WIRE)–#acoustic–SproutLoud, a leading Distributed Marketing platform, and Acoustic, a leading marketing cloud platform provider, today announced their strategic go-to-market partnership to offer premier, purpose-built Distributed Marketing solutions on an open marketing platform. “After thorough research and evaluation of the Distributed Marketing competitive landscape, Acoustic chose SproutLoud,” says Jay Henderson, Senior Vice President Product […]
DealerSocket to Announce Six New Innovations for IDMS at NADA
Innovations to help dealers increase profit, achieve operational efficiency, and save staff time DALLAS–(BUSINESS WIRE)–Debuting at NADA this year will be DealerSocket’s latest innovations to IDMS, its Dealer Management System (DMS) geared for independent used car dealers, buy-here-pay-here, and finance companies. The six new enhancements offer strong workflow automation and improved integrations to streamline processes […]
Osram Has a Robust Start to Fiscal Year 2020
– Group revenue increases slightly on a comparable basis – Performance programs show positive effect – Adjusted EBITDA margin of semiconductor business increases to over 20 percent – Osram confirms annual forecast MUNICH–(BUSINESS WIRE)–After a challenging fiscal year 2019, Osram has made a robust start to fiscal 2020. On a comparable basis, revenue in the […]
WhiteWater Express Acquires Quick N Clean Location, Launching Dedicated Expansion Into Austin
HOUSTON–(BUSINESS WIRE)–WhiteWater Holding Company, LLC (“WhiteWater”), an express car wash platform headquartered in Houston, has announced the acquisition of Quick N Clean 60, LLC in Manor, Texas (“Quick N Clean Manor” or “Manor”). The acquisition of Quick N Clean Manor represents the first of four locations opening in the Austin market over the next several […]