Kar Auction Services (KAR) Tops Q4 EPS by 3c
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Sterne Agee CRT Remains Bullish on Kar Auction Services (KAR); Earnings Growth Limited by FX and Acquisition Costs
February 19, 2016 8:15 AM ESTSterne Agee CRT maintained a Buy rating on Kar Auction (NYSE: KAR), and cut the price target to $46.00 (from $50.00), following the company's 4Q earnings report. Despite strong volume trends in 4Q15, earnings growth was limited by unfavorable currency, acquisition costs and higher ancillary service mix,... More
Kar Auction Services (KAR) Declares $0.29 Quarterly Dividend; 3.4% Yield
February 17, 2016 4:51 PM ESTKar Auction Services (NYSE: KAR) declared a quarterly dividend of $0.29 per share, or $1.16 annualized.
The dividend will be payable on April 5, 2016, to stockholders of record on March 23, 2016, with an ex-dividend date of March 21, 2016.
The annual yield on the dividend is 3.4... More
