AutoNation Inc (NYSE: AN) reported fourth-quarter FY22 sales growth of 2% year-on-year to $6.69 billion, beating the consensus of $6.52 billion. Higher average selling prices of vehicles, increased ne...
Tag: Dealer
As Carvana Plunges, Consider These 5 Car Dealer Stocks
It was a bad week for Carvana —and a bad week for used-car dealers. But some auto-dealer stocks might still be worth buying. After falling almost 40% this past week, Carvana (ticker: CVNA) is off an i...
Dealer Nexo gives up – The Cryptonomist
Nexo lends resources to investors in order to make a margin with which to earn money for itself and lavish interest on its customers. The practice was and still is in use on other platforms, and Nexo ...
Virginia-based Luxury Car Dealer Now Accepts Shiba Inu
– Advertisement – Luxury Cars can now be purchased using Shiba Inu. BitPay recently announced that it has entered into a partnership with Virginia-based luxury car dealer ‘Exclusive Automo...
Record Dealer Profits Suggest No Let-Up In High, New-Car Prices
Full lots of cars for sale, like this one at a Volkswagen dealership in New York, are the exception … [+] nowadays. Newsday via Getty Images Some of the nation’s biggest auto dealership groups c...
Mogo’s Portfolio Company, Coinsquare, Announces New Status as Canada’s First IIROC-regulated Cryptocurrency Dealer and Marketplace Member
VANCOUVER, Canada–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”) today announced that Coinsquare, Canada’s longest operating crypto asset trading platform and a company i...
Grayscale Launches New Crypto Dealer as Genesis Got Incapacitated With 3AC Bankruptcy
Grayscale Investments, one of the largest asset managers in the digital currency ecosystem has launched a new broker-dealer dubbed Grayscale Securities, recent filings with the United States Securitie...
UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket – Economics Bitcoin News
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low ve...
Grayscale’s new broker dealer for Bitcoin Trust replaces Genesis
Grayscale Investments, the digital assets investment firm behind the Grayscale Bitcoin Trust (OTCMKTS: GBTC), has unveiled a new broker dealer unit that will henceforth create and issue shares of its ...
IRS takes out John Doe summons on crypto prime dealer SFOX to find tax cheat customers
The Central District of California federal court entered an order Monday to authorize the United States Internal Revenue Service (IRS) to serve a John Doe summons on SFOX, a Los Angeles-based cryptocu...
IRS to Serve Summons to Crypto Dealer SFOX Looking for Possible Tax Evaders
The court order, which was approved by a judge in the Central District of California, authorizes the IRS to serve the summons against SFOX, asking for information about any “U.S. taxpayers who c...
U.S. Offers Russia Convicted Arms Dealer In Exchange For Brittney Griner And Paul Whelan, Report Says
Topline The Biden Administration offered to send convicted arms dealer Viktor Bout back to Russia in exchange for the release of U.S. citizens Paul Whelan and WNBA star Brittney Griner, both of whom a...
South Korean Car Dealer Launches NFTs to Reduce Paperwork Costs
Han Sung Motor, a South Korean imported car dealer, has rolled out non-fungible tokens (NFTs) to offer customers a secure and convenient experience based on the option of checking car details using th...
Dealer Profits On Auto Finance Way Up; It’s Not The Interest, It’s The Add-Ons
Auto finance is a major profit center for U.S. auto dealerships. Dealers say they make much more on … [+] products like service contracts, and not so much on their share of the customer’s ...
FalconX Tests Waters as First Full-Fledged Crypto Derivatives Dealer
Fierce volatility and other complications unique to crypto markets “could theoretically be addressed by robust margin requirements and risk management,” said Dan Awrey, a professor who teaches derivat...
US Porsche dealer accepts crypto as payment
Porsche Towson, a Porsche dealer operating in Baltimore, Maryland, has started accepting crypto as a method of payment for car sales. Porsche Towson adds crypto to its payment system Thanks to the co...
Porsche Dealer in Maryland Now Accepts Crypto as a Form of Payment
BitPay also tries to protect its customers from fluctuations in bitcoin’s price. Porsche Towson has dealerships in Maryland and Pennsylvania. An American Bitcoin payment service provider, BitPay, has ...
Now, Porsche Dealer will accept Crypto Payments; approaching Shiba Inu and Dogecoin
Various institutions and entities are approaching towards accepting payment in crypto; seeking the adoption and mainstream acceptance An announcement was made on Tuesday that an Exclusive Porsche cent...
Shiba Inu and Dogecoin Now Accepted by Porsche Dealer
Alex Dovbnya Baltimore-based Porsche dealer Porsche Towson has announced a partnership with BitPay Porsche Towson, Baltimore’s only exclusive Porsche center, has partnered with cryptocurrency pa...
Luxury Car Dealer Dutton to Accept Cryptocurrency Payments
Dutton Garage partners with CoinSpot. Australians can now purchase cars from Dutton Garage, a luxury and prestige card dealer using cryptocurrencies. Take Advantage of the Biggest Financial Event in L...
The SEC’s New Proposal to Redefine ‘Dealer’ Could Spell Bad News for DeFi
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Darknet dealer sentenced to 8 years prison, forfeits $2.3m in Bitcoin
Bitcoin worth $2.3m has been forfeited by darknet dealer Binh Thanh Le He lives in Brockton, Massachusetts, and started the EastSideHIgh darknet market The sentence was a clear message to all the dea...
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial and other crypto-related services to institutional clients. In a Tuesd...
Russian FX Dealer VTB Capital Forex Suspends Trading, Cites Sanctions
VTB Capital Forex, which is one of the four licensed Russian foreign exchange dealers, announced on Friday the suspension of all trading activities, citing anti-Russian sanctions. Though the Western g...
The Income Taxation Of Creators, Investors, Dealers And Collectors Of NFTs
NFT text, written on a notebook with calculator,pen on officebackground. getty The creative process of individuals, and the medium through which a Creator works, is constantly expanding, including dig...
Auto Production Wild Card For 2022 As Dealer Lots Remain Sparse
Production delays due to the global semiconductor shortage and supply chain issues have left dealer … [+] lots nearly empty. Ed Garsten Cars and trucks are trickling off assembly lines a little ...