Auto parts sellers could profit as more used cars hit the road.
The company hasn't confirmed the layoffs, but CEO Tom Greco said they're cutting four divisions to just two after 'extensive work' on field leadership.
Chicago's Sun-Times, which has struggled to reverse declining circulation and advertising sales, nevertheless could be the object of a bidding war, as a Edwin Eisendrath-headed group has offered $15 million.
I see a lot of bandwidth in the industry and a core shopper that might be disappearing.
©1996-2017 TheStreet, Inc. All rights reserved.
Action Alerts PLUS is a registered trademark of TheStreet, Inc.