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Financial Results and Earnings Conference Schedules, Business Expansions and Successful Acquisitions - Research Report on O'Reilly, Magna, Asbury, Penske Automotive, and Lithia Motors

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts' Corner

Oct 18, 2013, 08:00 ET

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NEW YORK, October 18, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting O'Reilly Automotive Inc. (NASDAQ: ORLY), Magna International, Inc. (NYSE: MGA), Asbury Automotive Group, Inc. (NYSE: ABG), Penske Automotive Group, Inc. (NYSE: PAG), and Lithia Motors Inc. (NYSE: LAD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratingas - via the links below.

O'Reilly Automotive Inc. Research Report

On October 1, 2013, O'Reilly Automotive Inc. (O'Reilly) announced that it will release its Q3 2013 results on Wednesday, October 23, 2013, after 5:30 p.m. CT. The Company will hold a conference call on the following day, October 24, 2013 at 10:00 a.m. CT. The Company informed that interested parties can access the results and the conference call webcast via its website by clicking on Investor Relations, and then News Room. The Full Research Report on O'Reilly Automotive Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0bb1_ORLY]

--

Magna International, Inc. Research Report

On October 8, 2013, Magna International, Inc. (Magna) announced the expansion of its business in Eastern Europe with the inauguration of a new greenfield manufacturing plant in Kocaeli, Turkey. Cengiz Kabatepe, Assistant General Manager of Ford Otosan and Automotive Exporters Union Board Member, commented, "The exteriors parts which Magna produces here in Kocaeli are crucial to automobiles with regards to their function and look, eyed closely by customers. Magna's experience in creating these parts will further support the success of Ford Transit, well-known for its design and durability." Günther Apfalter, President Magna International Europe added, "Consistent with our strategy to pursue growth in developing markets, this new facility opens the door for our exteriors and mirrors business in Turkey. We are convinced that through this expansion of our global footprint, we will be able to provide our customers with an even more comprehensive service." The Full Research Report on Magna International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2e39_MGA]

--

Asbury Automotive Group, Inc. Research Report

On October 3, 2013, Asbury Automotive Group, Inc. (Asbury) announced that it will release its Q3 2013 financial results before the market opens on October 22, 2013. President and CEO Craig Monaghan, Executive Vice President and COO Michael Kearney, and Senior Vice President and CFO Scott Krenz will host a conference call on the same day at 10:00 a.m. ET. The Company informed that a conference call will be simulcast live on the Internet via the Company website, where a replay will also be available for 30 days. The Full Research Report on Asbury Automotive Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/dc4b_ABG]

--

Penske Automotive Group, Inc.     Research Report

On October 1, 2013, Penske Automotive Group, Inc. (Penske Automotive) reported that it will release its Q3 2013 in the morning of October 29, 2013, which will be followed by a conference call at 2:00 p.m. EDT on the same day. Interested parties can access the webcast of the call via the Investor Relations section on the Penske Automotive website. Penske Automotive informed that a replay of the conference call will be available until Tuesday, November 5, 2013, while a rebroadcast of the conference call will be available on the Company website beginning approximately one hour after completion of the live broadcast. The Full Research Report on Penske Automotive Group, Inc.  - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d319_PAG]

--

Lithia Motors Inc. Research Report

On October 7, 2013, Lithia Motors Inc. (Lithia Motors) announced that it has acquired Stockton Nissan Kia in Stockton, California. The Company reported that the store will be called Nissan and Kia of Stockton, and will be contributing $45 million in estimated annual revenues. Commenting on the acquisition, Bryan DeBoer, President and CEO of Lithia Motors, said, "The Stockton market is attractive for Lithia as it complements our existing footprint in northern California. We believe the Nissan and Kia store is poised for success as exclusive franchises in Stockton. We are pleased to welcome the stores to our family, and to grow our regional presence in the central valley of California." Lithia Motors also informed that it will release its Q3 2013 earnings before the market opens on Wednesday, October 23, 2013, followed by a conference call to review the earnings results at 10:00 a.m. ET, on the same day. Interested parties can access the live webcast of the call via the Company website. The Full Research Report on Lithia Motors Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/5939_LAD]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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