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Online car-buying site's shares rev up more than 30 percent on purchase of Bay Area rival

2015-05-23 19:47:54| Auto Dealers - Topix.net

Shares of Irvine-based Autobytel jumped more than 30 percent in late trading Friday on news the company bought Redwood City-based Dealix , which provides sales leads to auto makers and their dealers and operates UsedCars.com Autobytel expects the $25 million purchase of Dealix from owner CDK Global will contribute to its bottom line this year. Autobytel is a microcap stock, with a market cap of just $179 million.

Tags: online sites area purchase

 

13 percent of Americans subscribe to Amazon Prime

2015-05-22 20:03:29| IT Services - Topix.net

Getting those socks shipped to your house in two days is apparently a must-have option for nearly 13 percent of Americans. A report by Chicago-based Consumer Intelligence Research Partners estimates that 41 million people, or 42 percent of Amazon customers in the U.S., subscribe to Amazon Prime.

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SQM: Lithium Price Up 10 Percent in Q1

2015-05-22 11:40:06| Chemicals - Topix.net

Sociedad Quimica y Minera de Chile put out its first-quarter results this week, and while the world's biggest lithium producer reported decreased revenues, there was a bit of good news for the lithium space. Specifically, the company's revenues were down about 27 percent relative to the first quarter of 2014, with revenues from its lithium business down about 7 percent, at US$48.6 million, year-over-year.

Tags: price percent lithium q1

 

Gap's 1Q profit down 8 percent on currency fluctuations

2015-05-22 02:41:01| Apparel - Topix.net

Gap Inc. reported an 8 percent decline in its first-quarter profit, as results were hurt by currency fluctuations and persistent sluggish sales at its Gap and Banana Republic stores. Gap is among the companies struggling with the impact of the strong dollar as sales in foreign currencies are worth less once they are translated back into the U.S dollars.

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Allpax Offering Refurbished 2402 Multimode R&D Retorts at up to 30 Percent Savings over New Units

2015-05-21 12:31:08| Industrial Newsroom - All News for Today

The versatile 2402 lab retort tests new product ideas and speeds products to market through a multitude of static and agitation sterilization modes. COVINGTON, LA - Allpax, powered by Pro Mach, is now refurbishing and selling the versatile 2402 multimode laboratory retort at up to 30 percent savings over new units...

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