February 09, 2012
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Your Automotive Franchise Financial News SourceFranchise News Watch brings you the latest in automotive franchising financial news from around the web. As a news aggregator for the automotive franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Automotive Franchise Financial NewsSnap-on Incorporated Declares Quarterly DividendThe Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.34 per share payable March 9, 2012 to shareholders of record on February 24, 2012. Dollar Thrifty Automotive Group Provides Update on Share Repurchase ProgramDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the completion of a $100 million forward stock repurchase agreement that was executed on November 3, 2011.
Ace Hardware Reports 2008 First Quarter Financial ResultsAce Hardware Corporation, the world's largest retailer-owned hardware cooperative, today reported net income of $10.8 million for the first quarter of 2008, which was a decrease of $3.3 million, as compared to the $14.1 million for the first quarter... Snap-on Announces Fourth Quarter and Full Year 2011 ResultsSnap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced 2011 operating results...
Racing Limos America Looks to Build on Third Quarter 2,000% Revenues BurstRacing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC: ATYG), is expecting continued revenue growth through Q4 2011 and into 2012. Ace Hardware Announces Restated Financial Results For 2004 – 2006Ace Hardware Corporation reported that it has successfully restated its previously issued financial statements for the fiscal years ended 2006, 2005 and 2004. Palladium Equity Partners and Management Announce Recapitalization of ABRA Auto Body & GlassPalladium Equity Partners, LLC, a private investment firm, announced today that it has partnered with management to recapitalize ABRA Auto Body & Glass, a leading national provider of vehicle damage repair services. Dollar Thrifty Automotive Group Reports Second Quarter 2007 ResultsDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported net income for the second quarter ended June 30, 2007 of $15.3 million, or $0.63 per diluted share, compared to $26.7 million, or $1.04 per diluted share for the comparable 2006 quarter. Snap-on Announces Third Quarter 2007 ResultsSnap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics and equipment solutions for professional users, today announced third-quarter 2007 results. Racing Limos AmericaTM Announces Their 2012 Marketing Effort: Plans to Run with the ″Big Dogs″ in a $500 Billion IndustryRacing Limos AmericaTM, Inc., a subsidiary of Atlas Technology Group (OTC:ATYG.PK), announces its new marketing effort for 2012. Racing Limos America Reports Strong Third Quarter RevenuesRacing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC:ATYG.PK), is reporting strong third quarter revenues.
Golub Capital Provides Senior Subordinated Notes to Support the Recapitalization of ABRA Auto Body & Glass by Palladium Equity Partners and Company ManagementGolub Capital announced today that it provided a $27.9 million senior subordinated debt facility and an equity co-investment to support the recapitalization of ABRA Auto Body & Glass by Palladium Equity Partners, LLC. Snap-on Increases Quarterly Dividend 6.3%Snap-on Incorporated's (NYSE: SNA) Board of Directors declared today a quarterly common stock dividend of $0.34 per share payable December 9, 2011, to shareholders of record on November 18, 2011. Ace Hardware Reports 2007 Financial ResultsDespite the decline in the U.S. housing market and overall economy, Ace Hardware Corporation reported wholesale revenues of $3.97 billion for the year ending December 29, 2007, which was a $39.4 million, or 1.0 percent increase, over the $3.93 billion... Dollar Thrifty Automotive Group to Announce Second Quarter 2011 Financial ResultsDollar Thrifty Automotive Group, Inc. (NYSE: DTG) will announce second quarter 2011 financial results prior to market open on Monday, August 8, 2011. A conference call to review the Company's second quarter 2011 results will be held at 9:00 a.m. CT onMo Dollar Thrifty Automotive Group Provides Update on LiquidityDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that it anticipates closing the third quarter with a profit. Additionally, the Company expects to end the third quarter with an unrestricted cash balance in excess of $200 million, up... Dollar Thrifty Automotive Group Announces Issuance of $400 Million of Medium-Term Asset Backed NotesDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that its Rental Car Finance Corp. subsidiary completed the private placement of $400 million of Series 2011-2 asset backed medium-term notes. Snap-on Announces Fourth Quarter and Full Year 2009 ResultsSnap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users, today announced 2009 financial results for the fourth quarter and full year.
Snap-on Incorporated Declares Quarterly DividendThe Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.32 per share payable March 10, 2011 to shareholders of record on February 24, 2011. Snap-on has paid consecutive quarterly cash dividends, witho Dollar Thrifty Announces Completion of Solicitation ProcessDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that it has formally concluded its process to solicit definitive proposals regarding a potential business combination. Snap-on Announces Third Quarter 2011 ResultsSnap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced operating results for the. Snap-on Incorporated Declares Quarterly DividendThe Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.32 per share payable June 10, 2011 to shareholders of record on May 20, 2011. Snap-on has paid consecutive quarterly cash dividends, without int
Snap-on Announces Second Quarter 2008 ResultsSnap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users, today announced operating results for the second quarter of 2008. Car-X Expects Growth in 2008Roger Hill, President and CEO of Car-X, kicked off the meeting with exciting news about the Car-X 2007 system-wide performance. Car-X opened 5 new stores, had 6 store re-sales and posted a 2.4% same store sales increase.
Dollar Thrifty Automotive Group Renews Asset Backed Financing Facility, Increases Capacity to $600 MillionDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that its Rental Car Finance Corp. subsidiary completed the early renewal of its Series 2010-3 Asset Backed Variable Funding Notes. Snap-on Announces Second Quarter 2009 ResultsSnap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users, today announced operating results for the second quarter of 2009. Snap-on Announces Third Quarter 2009 ResultsSnap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users, today announced operating results for the third quarter of 2009.
Dollar Thrifty Automotive Group Reports Second Quarter 2008 ResultsDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the second quarter ended June 30, 2008. Dollar Thrifty Automotive Group Reports Results, Ends 2008 With $230 Million in Unrestricted CashDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the fourth quarter and year ended December 31, 2008. The net loss for the 2008 fourth quarter was $72.2 million, or $3.36 per diluted share, compared to a net loss of $30.6...
Dollar Thrifty Automotive Group Amends Senior Secured Credit Facility, Authorizes $400 Million Share Repurchase ProgramDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the completion of an amendment to its senior secured credit facility that increased the aggregate amount of share repurchases permitted under the facility. Dollar Thrifty Automotive Group to Announce First Quarter 2010 Financial ResultsDollar Thrifty Automotive Group, Inc. (NYSE: DTG) will announce first quarter 2010 financial results prior to market open on Wednesday, April 28, 2010. Snap-on Announces Record Third Quarter 2008 EarningsSnap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users, today announced operating results for the third quarter of 2008.
Dollar Thrifty Automotive Group to Announce Third Quarter 2008 Financial ResultsDollar Thrifty Automotive Group, Inc. (NYSE: DTG) will announce third quarter 2008 financial results prior to market open on Wednesday, November 5, 2008. Precision Auto Care Announces Second Quarter FY 08 ResultsPrecision Auto Care, Inc. (OTC Bulletin Board: PACI) announced its financial results for the second quarter of fiscal year ending June 30, 2008.
Precision Auto Care Announces First Quarter FY 09 ResultsPrecision Auto Care, Inc. (Pink Sheets: PACI) announced its financial results for the first quarter of fiscal year ending June 30, 2009. Revenue was $3.2 million and loss was $6,000, or $0.00 per share, compared with a profit of $191,000, or $0.01 per... Dollar Thrifty Automotive Group Provides Update on Closure of Non-Strategic LocationsDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today provided an update on its previously announced location closure plans. As previously announced, as part of the Company's strategy of maximizing return on assets, certain corporate-owned stores... Dollar Thrifty Automotive Group Reports Third Quarter 2008 ResultsDollar Thrifty Automotive Group, Inc. (NYSE: DTG) today reported results for the third quarter ended September 30, 2008. Net income for the 2008 third quarter was $18.9 million, or $0.87 per diluted share, as compared to net income of $11.3 million, or... |
Features & Special Reports"The Proven Match" for Finding Qualified Franchisees Debuts on Franchising.com Ad PortalProven Match has teamed up with Franchise Update Media Group (FUMG) to give results-driven franchisors a cost-saving profiling service that delivers pre-qualified candidates. Restaurateur Extraordinaire: Sam Covelli Does It With More Than 200 LocationsSam Covelli says he grew up in the restaurant business working in his father's McDonald's. Running For Charity: Colortyme Franchisee Raises Money And Awareness For Children's HospitalThis April will mark the third year in a row that Al Coelho has run the 26-mile Boston Marathon. That's a significant achievement. But it's only a part of what Coelho will do that day. Turning Up The Heat: Learning How To Handle Irate Customers And Look Like A HeroIrate customers. No matter how good you are at what you do, what business you are in, or where it is located, you will at some point find yourself facing an irate customer. Sustaining Business: Zane Tankel On Growing During Tough TimesAs the economy continues to struggle through a slow recovery, business people everywhere are looking for any tools or techniques that will help them keep their businesses alive and thriving. Creating a Cost-Effective Lead Generation StrategyFor many franchisors, the traditional advertising vehicles - portals, print advertising, PR, and broker networks - do not appear to be working as effectively as they were five years ago. New Highlights from the 2012 AFDRIn the previous two issues of FUSR, we published (1) a high-level overview of the 2012 Annual Franchise Development Report (AFDR), followed by (2) a selection of highlights from the report. Finding Your Optimal Buyer: Sellers Must Learn To Look Beyond PriceWhen sellers are contemplating a decision regarding the sale of their business, they overwhelmingly select the bidder with the highest price, only to find afterward that this might not have been the best decision for their circumstances. The Four Steps to Lead Generation Success, Part 4: Wow 'Em!This fourth installment builds on those ideas, showing how you can "wow" your candidates and the importance of how you present your concept to them. The Winner's Column - February 2012As savvy franchise companies continue to flourish in a volatile economy, FUSR continues to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, innovating, and continuing to grow, whether domestically or overseas. 
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