Tariffs Are Hurting DIY Car Mechanics, O'Reilly Auto Parts, AutoZone CEOs Say

"The pressure to our DIY business as we move through the quarter was primarily felt in some categories, where we could be ...

First Brands Group Secures Court Approval for Immediate Access to Full $1.1 Billion in Debtor-in-Possession Financing to Advance Restructuring

The Court also granted approval to immediately access the entire $1.1 billion in debtor-in-possession ("DIP") financing. Access to the full DIP amount will ensure the Company has the capital necessary ...
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Advance Auto Parts put volume heavy and directionally bearish

Bearish flow noted in Advance Auto Parts (AAP) with 1,235 puts trading, or 1.5x expected. Most active are Jun-26 40 puts and ...
Channel 3000

3 employees of Louisville facility among those missing after UPS plane crash that looked like ‘hell’s fury,’ owner says

The power had just gone off and the ground was shaking at Grade A Auto Parts when the owner received a panicked video call ...

Lawsuit says First Brands founder splurged on exotic cars and celebrity chefs before bankruptcy

The management team that took over First brands as well as creditors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know where at least ...
MDM

Auto Parts Supplier First Brands Files for Bankruptcy

Automotive parts supplier First Brands Group has filed for chapter 11 bankruptcy to stabilize its U.S. business operations after disclosing liabilities exceeding $10 billion. An ad hoc group of ...
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Q3 Earnings Highs And Lows: Advance Auto Parts (NYSE:AAP) Vs The Rest Of The Auto Parts Retailer Stocks

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look ...

New Hampshire Auto Salvage Yard Launches Nationwide E-Commerce Platform, Offers 40–70% Savings on OEM Parts

To celebrate the nationwide launch, 603 Auto Salvage is offering 15 percent off all online orders placed through [Date + 7 days] with promo code LAUNCH15. During the promotion, shipping is free on all ...

First Guaranty Bancshares swings to quarterly loss on exposure to auto parts bankruptcy

(Reuters) - First Guaranty Bancshares said on Friday it has swung to a third-quarter loss, as the lender booked an impairment charge and increased reserves for bad loans linked to an auto parts ...

William Watson: Politicians should heed, not just praise Reagan trade ad

One gratifying aspect of the War of Reagan’s Ad, as future Canada-U.S. historians may come to call it, is to hear Canadian ...

Advance Auto Parts Adjusts FY Outlook After Narrower 3Q Loss

Advance Auto Parts raised its full-year outlook toward the higher end of its prior range after narrowing its third-quarter loss. The aftermarket car-parts retailer on Thursday said it now expects ...

Advance Auto Parts: Q3 Earnings Snapshot

Advance Auto Parts expects full-year earnings in the range of $1.75 to $1.85 per share, with revenue in the range of $8.55 billion to $8.6 billion. Advance Auto Parts shares have climbed 17% since the ...