Mike Jackson, AutoNation chairman & CEO, takes a look at Mercedes' latest models and provides his outlook on the economy.» Read More
Auto stocks are notably weaker here, with new lows for GM, CarMax, and AutoNation; Ford is down 7 percent but not at a new low.
CEOs on the frontlines of America's oil crisis discuss the effects soaring gasoline prices are having on their businesses and their customers.
AutoNation CEO Mike Jackson joined the CNBC 'Squawk Box' crew to discuss the effects higher gasoline prices are having on the automotive industry and consumers. Americans, he said, have finally reached the "tipping point" at four dollars a gallon.
Ken Griffin and Eddie Lampert are not just two "Midwest Masters of Money" they're also "Wall Street Whales." In Friday’s Web Extra find out how to trade in their wake!
As gasoline prices start to weigh heavily on the consumer, America's auto CEOs share their outlook on what that means for the car industry.
A day after the Federal Reserve cut interest rates another three-quarters of a point, CEOs joined Squawk Box to share their outlook on the economy and markets.
Cramer makes the call on viewers' favorite stocks.
CNBC's Squawk Box was in Miami this morning, and the Squawk crew interviewed Miami-based CEOs on everything from real estate to healthcare.
Goldman Sachs (GS) is making a major shift in its analyst coverage, upgrading or downgrading 17 sectors on the fear of a softening economy. Could Goldman’s move be a bellwether of things to come? Or is it already late to the party?
Call it an ugly mortgage market, call it poor risk management. But Merrill's writedown of $7.9 billion in subprime mortgages and collateralized debt obligations (CDOs), $3.4 billion more than they had previously announced just three weeks ago, was being greeted as a sign that plenty more bad news remains on banks' and brokers' books.
Honda Motor is on track for a 3 percent increase in U.S. sales in 2007, an executive said Friday, but he also called on the Federal Reserve to cut interest rates to boost consumer confidence.
Car dealership group AutoNation Chief Executive Mike Jackson said Tuesday the U.S. economy is in danger of slipping into a recession unless the Federal Reserve moves aggressively to cut interest rates.
Several pieces of news are weighing on the markets midday. The bad news is that volume would normally be among the lightest of the year this week. So, there are few buyers around (bids are scarce), and thus a modest increase in selling pressure--as we have seen this morning--can result in very rapid drop in prices.
AutoNation CEO Mike Jackson told CNBC that the slumping housing market is having a bigger impact on consumer spending than many people realize."I cringe a little bit every time I hear from specialists who say there's no spillover from housing on to the consumer," Jackson said. "I flatly disagree with that."
Imagine you're a CEO or board member of a publicly traded company and you get this letter, signed by two very powerful, very successful hedge funds: Dearest Sir, We believe you should make a huge acquisition because the company as it stands won't deliver the returns we want (I.E. not BIG enough!). By the way, we own a huge stake in your company, and we WILL make it bigger. (Read between the lines: Do what we say, or else.) XOXO, SAC and Jana.
The housing slump may be hurting auto sales -- but Mike Jackson says he's "not concerned." The CEO of dealership firm AutoNation joined "Squawk Box" to talk frankly about real estate's ripples -- and why he remains optimistic.
Car dealership chain AutoNation on Thursday said quarterly profit fell, hurt by higher interest expense and weaker demand for new vehicles in the key markets of California and Florida.
Viewers want to know what's going on with Dell, CarMax, AAR Corp. and more. Cramer has the answers.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
AutoNation said Monday that Edward S. Lampert, chairman and chief executive of ESL Investments and chairman of Sears Holdings, would not seek re-election to the auto retailer's board.
The retailer of automotive parts said fourth-quarter earnings were roughly flat as stronger sales were offset by higher interest and show room expenses.