Austin Business News

Lithia & Driveway raises bid for Pendragon's UK motor divisions

Lithia & Driveway raises bid for Pendragon's UK motor divisions

Lithia & Driveway (NYSE:LAD) on Monday said it has upped its offer to buy British auto dealer Pendragon's UK motor division and vehicle management division. Under the revised terms, Lithia Motors has increased the total cash consideration by 42% to £397...

Dow S&P, and Nasdaq are mixed as yields resume march higher

Dow S&P, and Nasdaq are mixed as yields resume march higher

Carl Court Major market averages are mixed on Monday morning with the bond selloff continuing as Congress avoided a shutdown for now. Early on and the Dow (DJI) was -0.2%, the S&P 500 (SP500) was near flat, and the Nasdaq Composite (COMP.IND) was +0.5%....

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