Some of the names on the move ahead of the open.» Read More
The threat of a government-backed bankruptcy is necessary to drive a "breakthrough," structural change for the auto industry, said Mike Jackson, AutoNation chairman & CEO.
The Bill & Melinda Gates Foundation on Tuesday increased its share stake in heavyweights like Coca Cola, McDonald's and Autonation.
Despite the turmoil in the auto industry, AutoNation is out with better-than-expected results. The auto retailer posted fourth quarter earnings of $0.12 a share, beating Wall Street expectations by a penny.
The four-day rally in the S&P 500, the first since November, is in jeopardy today.
The automobile industry may be rolling out electric cars in attempt to save their companies, but consumers have no incentive to buy the cars if an energy policy and a gas tax are not implemented soon, said Mike Jackson, CEO of AutoNation.
The Dow climbed on Tuesday after the government expanded its bailout of the auto industry...
With the failure to pass an auto loan bill, the Treasury Department is now essentially the "last line of defense" for the auto makers. They can now provide a bridge loan through the TARP, or provide or guarantee a debtor-in-possession facility to fund a pre-packaged Chapter 11 proceeding.
Job losses hit 533,000 in November, the markets continue to swing like a pendulum and Congress is weighing a major restructuring of the Big Three automakers. To help viewers make sense of the current economic environment, CNBC asked the experts to share their insight.
Following are the week’s biggest winners and losers. Find out why shares of Fluor and Archer-Daniels-Midland popped while Yahoo! and Sprint dropped.
Thursday's chain store sales numbers could set the tone for a market obsessed with the weakening economy.
With less than a week before the Presidential Election, the candidates are rushing to key battleground states to convince voters of their economic plans to deal with the financial crisis. But will it help?
Medal Round - Day 8: Another tough day. Only three days to go and the S&P 500 is barely in positive territory. A 1% spread with the Swiss Market Index remains. Will the USA be able to hold on?
Following are the day’s biggest winners and losers. Find out why shares of AutoNation and RadioShack popped while Southwest Airlines and Pulte dropped.
On Squawk Box this morning, CEOs from various industries aired their insights on the economy, energy prices, real estate and politics.
Options move on pharmaceutical speculation and oil price drops.
For eBay, quarterly results are normally all about "beat and raise." Beat the Street's estimates in the current quarter, and raise guidance for the upcoming quarter. This time around, batting .500 just isn't good enough for the online auction powerhouse, especially when so many on the Street expected them to beat anyway.
The Dow closed at a 3-month low, due to the continuing weakness in financials. New lows expanded at the NYSE to nearly the highest levels in 3 months.
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.