Asbury Automotive Group Inc ( ABG ) shares are trading lower on Tuesday. The company inked a deal to acquire The Herb Chambers Companies in a $1.34 billion deal. The transaction covers Herb Chambers’ 33 dealerships, 52 franchises, and three collision centers, representing $2.9 billion in 2024 revenue. The transaction, expected to close in the late second quarter of 2025, is subject to customary conditions...

12:31 PM EST, 02/18/2025 (MT Newswires) -- Canadian banks begin reporting first-quarter results on Feb. 25. The first-quarter reporting season comes with with far greater economic uncertainty than expected, National Bank writes. Attention will shift to bank guidance commentary, specifically related to credit (e.g., becoming more conservative) and revenue growth. Still, National Bank expects strong performance from Capital Markets segments....

Deep-pocketed investors have adopted a bearish approach towards Meta Platforms ( META ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in META usually suggests something big is about to happen. We gleaned this information...

12:34 PM EST, 02/18/2025 (MT Newswires) -- Brian S. Tyler, Director, Chief Executive Officer, on February 14, 2025, sold 8,961 shares in Mckesson (MCK) for $5,382,514. Following the Form 4 filing with the SEC, Tyler has control over a total of 69,840 common shares of the company, with 69,625 shares held directly and 215 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/927653/000106299325002654/xslF345X05/form4.xml Price:...