Jan 16 (Reuters) - Autonation Inc ::AUTONATION TO BENEFIT FROM TAX REFORM BILL.AUTONATION - EXPECTS TAX REFORM BILL TO POSITIVELY IMPACT Q4 NET INCOME FROM CONTINUING OPERATIONS BY ABOUT $41 MILLION, OR ABOUT $0.45 PER SHARE.AUTONATION INC - CO ALSO ANTICIPATES A BENEFIT OF APPROXIMATELY $75 MILLION TO $100 MILLION, OR APPROXIMATELY $0.80 TO $1.10 PER SHARE, FOR FULL YEAR 2018.AUTONATION - TO USE SAVINGS FROM TAX REFORM TO ACCELERATE BRAND EXTENSION STRATEGY, EXPAND "DRIVE PINK" INITIATIVES.
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Nov 2 (Reuters) - Autonation Inc ::Autonation signs multi-year service agreement with Waymo.Autonation inc says signed agreement to support Alphabet-owned Waymo's autonomous vehicle program.Autonation Inc says will provide 'strategic capabilities' to maximize Waymo self-driving vehicles' lifetime across united states.Autonation says some of its stores will provide vehicle maintenance and repairs for Waymo's self-driving Chrysler Pacifica hybrid vehicle fleet.
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Oct 24 (Reuters) - Autonation Inc :AutoNation says on october 19, co amended and restated its existing unsecured credit agreement- sec filing.AutoNation - amendment extends stated termination date of credit agreement to october 19, 2022.AutoNation - Amendment also allows co to increase amount of revolving credit facility,together with any added term loans,by up to $500 million in aggregate.
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AutoNation Inc : Q3 earnings per share from continuing operations $1.05 . Estimates Takata airbag recall negatively impacted q3 net income from continuing operations by about $6 million after-tax . At end of Q3, about 14 percent of Autonation's used vehicle inventory was on hold due to Takata airbag recall . Q3 total revenue of $5.6 billion, up 4 percent . Announced acquisition of 3 premium luxury franchises, one collision center, award of 3 premium luxury franchise add-points . Board has authorized repurchase of up to an additional $250 million of common stock .Q3 earnings per share view $1.15, revenue view $5.61 billion -- Thomson Reuters I/B/E/S.
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: Autonation CEO Mike Jackson Says U.S. auto industry is plateauing at a high level - CNBC . Autonation CEO Mike Jackson says "availability of lending is terrific, default rates are still miniscule compared to historic levels" - CNBC . Autonation CEO Mike Jackson says "Tesla's Autopilot Overpromises, under delivers" - CNBC (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).
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AutoNation Inc : Reports All Time record quarterly EPS from continuing operations . Q2 earnings per share $1.08 from continuing operations . Q2 earnings per share view $1.05 -- Thomson Reuters I/B/E/S . Quarterly revenue rose 4 percent to $5.4 billion . Q2 revenue view $5.50 billion -- Thomson Reuters I/B/E/S . In H2, sees improvement due to Takata airbag parts availability,compensation paid by certain manufacturers that will partially offset costs .Autonation Inc says "Takata airbag recall continues to be disruptive to our business".
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AutoNation Inc : AutoNation to acquire BMW, Land Rover and Jaguar stores in Westchester County, New York . New Jaguar Land Rover facilities in White Plains, Mt. Kisco to generate about $100 million in additional annual revenue once fully operational .In Mt. Kisco, AutoNation will relocate land rover franchise and combine it with Jaguar in a new auto retail facility.
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Autonation Inc :Autonation to acquire chrysler jeep store in denver, colorado.
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