Live Breaking News & Updates on Cdk global inc

CDK Global, Inc. (NASDAQ:CDK) Announces Dividend of $0.15

CDK Global, Inc. (NASDAQ:CDK – Get Rating) announced a dividend on Thursday, June 9th, Fidelity reports. Shareholders of record on Monday, June 20th will be paid a dividend of 0.15 per share by the software maker on Wednesday, June 29th. The ex-dividend date is Thursday, June 16th. CDK Global has a dividend payout ratio of […]

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Recent Investment Analysts' Ratings Updates for CDK Global (CDK)

A number of research firms have changed their ratings and price targets for CDK Global (NASDAQ: CDK): 4/13/2022 – CDK Global was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $61.00 price target on the stock. According to Zacks, “CDK Global, Inc. provides integrated […]

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Stock Analysts' Updated EPS Estimates for April, 13th (CBAN, CDK, CGRN, CLNE, CLPHY, CLSD, CNDT, COHU, COUR, CSLLY)

Stock Analysts’ updated eps estimates for Wednesday, April 13th: Colony Bankcorp (NASDAQ:CBAN) was upgraded by analysts at Zacks Investment Research from a sell rating to a buy rating. They currently have $20.00 target price on the stock. According to Zacks, “Colony Bankcorp, Inc., a multibank holding company, provides retail and commercial banking services to consumers […]

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CDK Global's $8.3 billion deal to go private could accelerate growth

CDK COO Joe Tautges said the move will align the company with a buyer that will accelerate its growth strategy.

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CDK, Reynolds make big bets on online auto sales


Print
CDK Global Inc. and Reynolds and Reynolds Co. are making a strong bet that online sales will remain a critical function for U.S. dealerships as the economy emerges from the pandemic.
The two dealership management system giants each bought a company that specializes in digital retailing software, in deals that became public within a week of each other.
About the deals
Dealership management system giants CDK Global and Reynolds and Reynolds have acquired digital retailing providers Roadster and Gubagoo, respectively.
CDK-ROADSTER
Closing date: June 2
Executive moves: Roadster CEO Andy Moss will lead product and engineering for Roadster within CDK and work more broadly on CDK s retail product strategy

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CDK sees digital growth in Roadster acquisition

CDK Global Inc. and Roadster executives say their combination will help expand Roadster's digital retailing business and improve online sales technology.

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CDK Global acquires digital retailing provider Roadster for $360M

CDK said adding Roadster to its roster of technology tools will allow its dealership customers to compete against online used-vehicle retailers that have grown their own businesses.

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