Dow Jones Futures Rise Ahead Of Key Economic Data; Meta Crashes On Earnings; Apple Earnings Next

Dow Jones futures rose Thursday ahead of key economic data, as Meta Platforms crashed on earnings results. Apple earnings are due out next. Read More...


AutoNation reports lower profit, sets up $1 billion in buybacks

Automotive retailer AutoNation, Inc reported third quarter adjusted net income fell by 7%, largely because of lower used vehicle profits, but the company said it plans up to $1 billion in new share repurchases reflecting strong cash flow. AutoNation said third quarter, same-store used vehicle gross profits fell by nearly 22% in the quarter from a year ago. AutoNation reported net income of $6.31 a share and revenue of $6.39 billion, up less than 1% from a year ago.

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