Sonic Automotive Inc. (SAH) Misses Q2 EPS by 2c
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BofA/Merrill Lynch Downgrades Sonic Auto (SAH) to Underperform; Execution Issues
July 22, 2014 3:35 PM EDTBofA/Merrill Lynch downgraded Sonic Auto (NYSE: SAH) from Buy to Underperform with a price target of $27.00 (from $39.00) saying Q2 results showed fundamental execution issues.
Analyst John Murphy cited: 1) Sonic continually underperforms its publicly traded dealer peers (ABG, AN, GPI, LAD and PAG) on... More
Sonic Automotive (SAH) Declares $0.025 Quarterly Dividend; 0.4% Yield
July 22, 2014 7:32 AM EDTSonic Automotive (NYSE: SAH) declared a quarterly dividend of $0.025 per share, or $0.1 annualized.
The dividend will be payable on October 15, 2014, to stockholders of record on September 15, 2014, with an ex-dividend date of September 11, 2014.
The annual yield on the dividend is 0.4... More
