Auto Part News Archives

LKQ Corp. said Wednesday its profit more than doubled in the fourth quarter on surging revenue from its acquisition of several new businesses. via Chicago Business

Fire destroyed an apartment in York County late Wednesday morning. The apartment is over Fisher Auto Parts in Manchester Township on North George Street . via WHTM-TV Harrisburg

“We thank our customers for choosing Amelior ED to support the tracking and documentation needs of their emergency departments”

Main Category: IT / Internet / E-mail Also Included In: Conferences Article Date: 27 Feb 2008 Patient Care Technology Systems , a subsidiary of Consulier Engineering, Inc. via MediLexicon

Auto parts retailer O'Reilly Automotive Inc. will open an East Coast distribution facility in Greensboro, the Greensboro Economic Development Alliance stated today. via News & Record

AutoZone Inc. said Tuesday its fiscal second-quarter profit rose as consumers bought more auto parts and accessories. via International Business Times

Posted Thu Feb 21, 11:56 am ET Posted By: Paul Raman, CFA O'Reilly Automotive, Inc. via Zacks Analyst Blog

Security Guard shoots man at Autozone store Updated: Police say a security guard shot a robbery suspect inside a Memphis business. via WMC-FM

Aiken County -- The Aiken County Sheriff's Department is investigating a shooting that happened outside the Advance Auto Parts on Jefferson Davis Highway, in Clearwater. via WLTX-TV Columbia

“Our automatic tracking software can be configured to meet the specific workflow needs of individual departments throughout a facility enabling hospitals to expand workflow automation wherever it best meets their needs.”

Patient Care Technology Systems , a subsidiary of Consulier Engineering , today announced that Providence Heart and Vascular Institute, part of Providence Health & Services - Oregon Region, has selected the ... via Freshnews

“It could push China to re-examine the rationality of WTO rules”

The World Trade Organization on Wednesday issued a preliminary ruling in favor of the United States, the European Union and Canada, saying China's tariffs on imported auto parts breaks its commitments to the ... via People's Daily Online

“We are pleased to report that 2007 was another year of record sales and earnings, marking 80 years of continued progress for Genuine Parts Co.”

Genuine Parts Co. 's sales and earnings hit record levels in 2007. The Atlanta-based automotive, electrical and industrial parts distributor had net income of $506.3 million and earnings of $2.98 a share, ... via Atlanta Business Chronicle

“While the penny miss is disappointing, we would advise investors to view any weakness in Genuine Parts shares as a buying opportunity”

Replacement parts maker Genuine Parts Co. reported Tuesday a 5.5% increase in its fourth-quarter profit, a bit less than Wall Street expected and further evidence of tough times in all corners of the U.S. auto ... via MarketWatch

Super-investor Eddie Lampert has cut his stake in Citigroup Inc. by 31%, leaving him with a position of 19.1 million shares valued at a little under $500 million. via Blogging Stocks

“It comes to the point that books aren't even a worry for me anymore, and that's typically an expense students factor in very heavily. (The program) has completely covered the cost of books.”

As a college student, Kris Cote knows how to scrimp and save. Responsible for his living and school expenses outside of tuition, Cote is thankful that the company he works for is willing to give him money to ... via Fort Collins Coloradoan

Serial litigator SCO Group will get a second lease on life, now that private equity group Stephen Norris Capital Partners has stepped in with a $100 million investment. via Fool.com

Advance Auto Parts, Inc. , a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, today announced its financial results for the fourth quarter and fiscal year ended ... via The Auto Channel

“The dispute settlement body requests China to bring these inconsistent measures as listed above into conformity with its obligations.”

The World Trade Organization has issued its first official condemnation of Chinese commercial practices, siding with the United States, the European Union and Canada in a dispute over car parts. via Canadian Business Magazine

Enkei International Inc. and Discount Tire Co. Inc. have teamed up to provide the Formula Drift competition series with its new official tire: the Enkei FD-05. Discount Tire is the exclusive tire and wheel ... via Modern Tire Dealer

The unrequited affections of O'Reilly Automotive Inc. earned the Springfield, Mo.-based retailer a slap Monday from its intended target, Phoenix-based CSK Auto Corp.

O'Reilly launched a hostile $8-a-share bid for CSK on Friday. CSK responded by swallowing a poison pill takeover defense. The defense makes CSK unaffordable for any acquirer who lacks approval from CSK's board of directors.

The companies offer differing versions of events, but their public disclosures show the bid and defense to be the most recent steps in a lengthy dance. Read more

“In recent months Advance has worked hard to define what matters most to our customers”

Roanoke, VA . - Advance Auto Parts, Inc., , a leading automotive aftermarket retailer of parts, batteries, accessories and maintenance items, has launched a new branding campaign. via WebWire

CSK Auto Corporation today announced that it has entered in a Standstill Agreement with O'Reilly Automotive, Inc. via Business Wire

“While we still prefer to work together with CSK and its board of directors to negotiate a mutually beneficial agreement for our respective stakeholders, we feel we have been forced to take our proposal directly to CSK's shareholders”

As of Thursday CSK Auto looked one step closer to a buyout agreement that would finally put an end to its search for a suitor. via Forbes.com

“The whole industry has been driven by a secular change conducted by the insurance companies trying to save money”

In the U.S. car-collision parts market, one leader recycled, the other didn't. Now, the two have come together to become the 800-pound gorilla in the alternative parts business. via Investor's Business Daily

CSK Auto Corp. said Monday it has adopted a shareholder rights plan in order to maintain the integrity of the strategic review process that the company is currently conducting. via Quamnet

The Business Journal of Phoenix CSK Auto Corp. has adopted a shareholder rights plan following an unsolicited takeover offer from O'Reilly Automotive Inc. via The Business Journal of Phoenix

CSK Auto Corp. , Viad Corp. and 3PAR Inc. are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $750 million. via All Stories

“Having not been able to move forward privately, we believe the opportunities for our respective companies and their employees, customers and shareholders are so compelling that it is important to make our proposal public”

The Business Journal of Phoenix - by Annalyn Censky Phoenix Business Journal Auto-parts retailer O'Reilly Automotive Inc. via The Business Journal - Phoenix

“Having not been able to move forward privately, we believe the opportunities for our respective companies and their employees, customers and shareholders are so compelling that it is important to make our proposal public”

O'Reilly Automotive Inc. said this morning that it has offered $352 milllion in stock to acquire competitor CSK Auto Corp. via Springfield Business Journal

“You have to put your foot on the brake to put the car in park”

Broken glass littered the parking lot and interior of an Advance Auto Parts store Tuesday after a car plowed into the store, but no one was injured. via Pensacola News Journal