Newsroom | 1554 results

WHITE PLAINS, N.Y. & SUNNY ISLES BEACH, Fla.--(BUSINESS WIRE)--Mavis Tire Express Services Corp. (“Mavis” or the “Company”), one of the largest independent tire and service providers in North America, and Icahn Enterprises L.P. (NASDAQ: IEP) (“IEP”) today announced the completion of Mavis’s previously announced acquisition of The Pep Boys-Manny, Moe & Jack Holding Corp. (“Pep Boys”) from Icahn Automotive Group LLC, a subsidiary of IEP, for approximately $700 million in cash. Pep Boys will r...

TORONTO--(BUSINESS WIRE)--iA Services aux concessionnaires, division d’iA Groupe financier, a annoncé aujourd’hui un nouveau partenariat avec VinFast Canada. Cette alliance marque la première collaboration de l’entreprise avec un constructeur exclusivement voué aux véhicules électriques et constitue une étape décisive dans l’évolution de son portefeuille d’équipementiers. Bien qu’il s’agisse du premier partenariat d’iA Services aux concessionnaires avec un équipementier entièrement voué aux véh...

TORONTO--(BUSINESS WIRE)--iA Dealer Services, a business unit of iA Financial Group, announced today a new partnership with VinFast Canada, marking the company’s first collaboration with a pure-play electric vehicle manufacturer and an important milestone in the evolution of its original equipment manufacturer (OEM) portfolio. While this is iA Dealer Services’ first OEM partnership with a dedicated electric vehicle manufacturer, the company already provides protection products for electric vehi...

VAUGHAN, Ontario--(BUSINESS WIRE)--Fastco Canada est heureuse d’annoncer un investissement majeur sur le marché ontarien avec l’ouverture d’un nouveau centre de distribution d’une superficie de 66 635 pi2 à Vaughan, en banlieue de Toronto. Ce nouvel établissement augmente considérablement la capacité de distribution de l’entreprise dans la province, tout en offrant aux concessionnaires un meilleur accès aux produits, des délais de livraison réduits et une gamme étendue de services locaux. En qu...

VAUGHAN, Ontario--(BUSINESS WIRE)--Fastco Canada is pleased to announce a major investment in the Ontario market with the opening of a new 66,635-square-foot distribution center in Vaughan, Ontario. The new facility significantly expands Fastco’s distribution capacity in the province and gives dealers greater access to products, faster transit times and expanded local capabilities. The move from Fastco’s previous Pickering location to the larger Vaughan facility increases the company’s ability...

FAIRPORT, N.Y--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.28 per share on the Company’s outstanding shares of common stock. The dividend is payable on September 8, 2026, to shareholders at the close of business on August 25, 2026. About Monro, Inc. Monro, Inc. (NASDAQ: MNRO) is one of the nation’s leading automotive service and tire providers, deli...

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today reported Second Quarter 2026 Net sales of $501 million, a 7% improvement from the prior year, as 9% higher average year-over-year oil prices and 2% favorable foreign currency translation were partly offset by 2% lower pricing, 1% reduced volumes and adverse product mix in the Rubber Carbon Black segment. During the quarter, Orion generated a consolidated Net income of $2 million and Adjusted EBITDA of $58 mill...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we,” “us” or “our”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial Summary Second quarter total revenues of $3.9 billion, up 8% year-over-year; second quarter record total gross profit of $616.2 million, up 2% year-over-year Reported net income in the second quarter was $57...

FAIRPORT, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive repair and tire services, today announced financial results for its first quarter ended June 27, 2026. First Quarter Results Sales for the first quarter of the fiscal year ending March 27, 2027 (“fiscal 2027”) decreased 4.6% to $287.1 million, as compared to sales of $301.0 million for the first quarter of the fiscal year ended March 28, 2026 (“fiscal 2026”). This was primarily driven by a reduction in...

WHITE PLAINS, Nueva York, y SUNNY ISLES BEACH, Florida--(BUSINESS WIRE)--Mavis Tire Express Services Corp. (“Mavis” o la “Empresa”), uno de los mayores proveedores independientes de neumáticos y servicios para vehículos de Norteamérica, e Icahn Enterprises L.P. (NASDAQ: IEP) (“IEP”) anunciaron hoy la celebración de un acuerdo definitivo por el cual una subsidiaria de Mavis adquirirá The Pep Boys-Manny, Moe & Jack Holding Corp. (“Pep Boys”) a Icahn Automotive Group LLC, subsidiaria de IEP, p...