International Business News - AN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Microsoft Chairman Bill Gates has taken a 10 percent stake in car retailer AutoNation Inc., according to a regulatory filing Friday. Gates' investment firm, Cascade Investment LLC, owns 9.4 million shares, or 5.3 percent, and the Bill and Melinda Gates Foundation Trust holds 8.3 million shares, or 4.7 percent, according to the filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20081121/gates-discloses-10-percent-stake-in-autonation.htm Fri, 21 Nov 2008 18:38:37 EST Billionaire investor Edward S. Lampert continued to buy shares of AutoNation Inc., putting nearly $1.4 million more into the nation's largest car dealer last week. http://www.ibtimes.com/articles/20081117/eddie-lampert-again-raises-stake-in-autonation.htm Mon, 17 Nov 2008 17:46:20 EST Billionaire investor Edward S. Lampert, already the largest shareholder in AutoNation Inc., spent nearly $3.2 million this week on more stock in the nation's largest car seller. http://www.ibtimes.com/articles/20081113/eddie-lampert-raises-stake-in-autonation.htm Thu, 13 Nov 2008 19:19:26 EST Shares of AutoNation Inc. rose on Friday, after an analyst upgraded shares of the nation's biggest automotive retailer and said weakness in the automotive sector is reflected in the company's low stock price. http://www.ibtimes.com/articles/20081107/autonation-rises-as-analyst-upgrades-to-neutral.htm Fri, 07 Nov 2008 15:06:25 EST AutoNation Inc. said Thursday it swung to a $1.41 billion loss in the third quarter, with customers finding it increasingly difficult to get a car loan and the overall economy heading south. http://www.ibtimes.com/articles/20081106/autonation-swings-to-3q-loss-on-charges.htm Thu, 06 Nov 2008 16:13:24 EST She was a stranger, and she kissed me. Just for being an American. It happened on the bus on my way to work Wednesday morning, a few hours after compatriots clamoring for change swept Barack Obama to his historic victory. I was on the phone, and the 20-something Austrian woman seated in front of me overheard me speaking English. http://www.ibtimes.com/data/articleimgs/168684-france-us-elections-reax.jpg http://www.ibtimes.com/articles/20081105/suddenly-it-may-be-cool-to-be-an-american-again.htm http://www.ibtimes.com/articles/20081105/suddenly-it-may-be-cool-to-be-an-american-again.htm Wed, 05 Nov 2008 14:58:10 EST Major business events and economic events scheduled for Thursday: NEW YORK--Retailers report October sales results. http://www.ibtimes.com/articles/20081105/calendar-of-major-business-events-thursday.htm Wed, 05 Nov 2008 14:32:31 EST AutoNation Inc. reports earnings for its fiscal third quarter Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081104/earnings-preview-autonation-to-post-3q-results.htm Tue, 04 Nov 2008 11:29:14 EST Finally. Rarely has an election been so anticipated. Rarely has a campaign gone on for so long and offered so many plot twists. And never in a generation have Americans and their talking heads expressed such certainty, such passion that the next president can change the national game so fundamentally and so entirely. http://www.ibtimes.com/articles/20081103/finally-decision-time-for-a-deeply-divided-usa.htm Mon, 03 Nov 2008 14:48:07 EST Major business events and economic reports scheduled for the coming month (some dates are tentative): SATURDAY, Nov. 1 http://www.ibtimes.com/articles/20081031/business-events-scheduled-for-the-coming-month.htm Fri, 31 Oct 2008 16:57:58 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): SATURDAY, Nov. 1 http://www.ibtimes.com/articles/20081031/business-events-scheduled-for-the-coming-week.htm Fri, 31 Oct 2008 16:53:23 EDT Major companies tentatively scheduled to report quarterly earnings next week: http://www.ibtimes.com/articles/20081031/earnings-schedule-for-week-of-11-3-08.htm Fri, 31 Oct 2008 15:30:57 EDT Shares of AutoNation Inc. tumbled Friday amid a drop in the overall market and worries that the automotive retailer may have to violate one of its debt agreements down the road. http://www.ibtimes.com/articles/20081024/autonation-shares-tumble-on-debt-worries.htm Fri, 24 Oct 2008 19:16:57 EDT A Wachovia analyst on Friday cut his earnings estimates for several automotive retailers, citing the continued drop in new vehicle sales and tight credit markets. http://www.ibtimes.com/articles/20081024/analyst-cuts-estimates-for-auto-retailers.htm Fri, 24 Oct 2008 13:30:33 EDT Among the stock activity stories for Monday, Oct. 13, from AP Financial News: PITTSBURGH (AP)--Shares of General Electric Co. slipped Monday after the company reported a 22 percent decline in third-quarter earnings due to softening profits at its loan and leasing business. http://www.ibtimes.com/data/articleimgs/161564-iraq-foreign-fighters.jpg http://www.ibtimes.com/articles/20081013/movers-roundup-general-electric-autonation.htm http://www.ibtimes.com/articles/20081013/movers-roundup-general-electric-autonation.htm Mon, 13 Oct 2008 18:34:30 EDT Shares of AutoNation Inc. declined on Monday after Standard & Poor's Equity Research downgraded the auto retailer, citing the weak vehicle market. Shares fell 20 cents, or 2.5 percent, to $7.90. They earlier traded as low as $7.61. http://www.ibtimes.com/articles/20081013/autonation-shares-decline-following-downgrade.htm Mon, 13 Oct 2008 19:04:13 EDT A team of analysts cut their earnings estimates and price targets on an array of auto retailers, citing slower-than-expected vehicle sales in September. http://www.ibtimes.com/articles/20081006/ahead-of-the-bell-auto-retailer-estimates-cut.htm Mon, 06 Oct 2008 08:38:26 EDT China's Ping An Insurance Co. said Monday it will record a $2.3 billion loss on its stake in troubled European bank Fortis NV, in the biggest blow yet to a Chinese institution from the global credit crisis. http://www.ibtimes.com/articles/20081006/chinese-insurer-to-record-2-3b-loss-on-fortis.htm Mon, 06 Oct 2008 07:00:14 EDT It's a movie genre you don't hear much about in Hollywood: the right-wing comedy. For that matter, it's not much of a genre at all. But it's exactly what conservative producer-director-screenwriter David Zucker created with "An American Carol." The gag-filled liberal lampoon stars Kevin Farley, brother of the late Chris Farley, as a scruffy Michael Moore clone named Michael Malone, an infamous documentary filmmaker leading a slapstick campaign to abolish the F... http://www.ibtimes.com/data/articleimgs/144194-film-an-american-carol.jpg http://www.ibtimes.com/articles/20081002/american-carol-lampoons-left.htm http://www.ibtimes.com/articles/20081002/american-carol-lampoons-left.htm Thu, 02 Oct 2008 18:59:06 EDT Shares of auto retailers fell on Thursday after vehicle makers posted a steep drop in September auto sales and an analyst took a grim view of the sector. http://www.ibtimes.com/articles/20081002/sector-snap-auto-retailers-decline-on-weak-sales.htm Thu, 02 Oct 2008 14:31:36 EDT