Quarterly Dividends, Definitive Agreements, Financial Results Schedules, and Reports - Research Report on Nordic, Asbury, KAR,

 Quarterly Dividends, Definitive Agreements, Financial Results Schedules, and
   Reports - Research Report on Nordic, Asbury, KAR, Sonic Automotive, and
                                   DryShips

PR Newswire

NEW YORK, July 26, 2013

NEW YORK, July 26, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Nordic
American Tankers Limited (NYSE: NAT), Asbury Automotive Group, Inc. (NYSE:
ABG), KAR Auction Services, Inc. (NYSE: KAR), Sonic Automotive Inc. (NYSE:
SAH), and DryShips, Inc. (NASDAQ: DRYS). Today's readers may access these
reports free of charge - including full price targets, industry analysis and
analyst ratings - via the links below.

Nordic American Tankers Limited Research Report

On July 9, 2013, Nordic American Tankers Limited (Nordic) announced that its
Board of Directors has approved a dividend of $0.16 for Q2 2013, unchanged
from its Q1 2013. Nordic said that the dividend is likely to be payable on
August 13, 2013 to holders of record as of July 31, 2013. The Full Research
Report on Nordic American Tankers Limited - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/0ee2_NAT]

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Asbury Automotive Group, Inc. Research Report

On July 23, 2013, Asbury Automotive Group, Inc. (Asbury) announced its Q2 2013
financial results. The Company reported adjusted income from continuing
operation of $30.4 million, or $0.98 per diluted share compared to $20.9
million, or $0.66 per diluted share in Q2 2013. Asbury's total revenues
increased 15.8% YoY to $1.3 billion. The Company reported repurchasing a total
of $4.8 million shares, on pace with its annual goal of $25 to $30 million.
"Asbury is pleased to once again announce record quarterly results," said
Craig Monaghan, Asbury's President and Chief Executive Officer. "As the
automotive market continues to recover, our associates are demonstrating
continued success in maximizing sales and service opportunities while
maintaining disciplined expense control." The Full Research Report on Asbury
Automotive Group, Inc. - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/dc4b_ABG]

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KAR Auction Services, Inc. Research Report

On July 23, 2013, KAR Auction Services Inc. (KAR) announced its schedule for
Q2 2013 earnings release. The Company will report its financial results on
August 6, 2013, Tuesday, and will also host a conference call and webcast on
August 7, 2013, Wednesday at 11:00 a.m. EDT. KAR informed that its Chief
Executive Officer, Jim Hallett and Executive Vice President and Chief
Financial Officer, Eric Loughmiller will lead the conference call, and the
live webcast will be available at the Company's website in the Investor
Relations section. The Full Research Report on KAR Auction Services, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/bee4_KAR]

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Sonic Automotive Inc. Research Report

On July 23, 2013, Sonic Automotive Inc. (Sonic Automotive) announced its Q2
2013 financial results. The Company reported adjusted earnings from continuing
operations of $26.4 million. Its adjusted earnings from continuing operations
per diluted share increased 11.1% YoY to $0.50. Commenting on the results, B.
Scott Smith, the Company's President, noted, "I'm pleased that we grew our
earnings per share by more than 11% in the quarter despite our margin
challenges associated with our True Price process execution. Our investment
strategy remains the same. We continue to focus on investing in our base
business, owning our real estate and strengthening our balance sheet." Smith
further said, "I'm pleased to reiterate our earnings guidance that was
originally given at the beginning of the year. We are targeting fully diluted
earnings per share from continuing operations at $1.93-$2.03 for the full year
2013." The Full Research Report on Sonic Automotive Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/522f_SAH]

--

DryShips, Inc. Research Report

On July 23, 2013, DryShips Inc. (DryShips) and its majority owned subsidiary,
Ocean Rig UDW Inc. (Ocean Rig) announced that Ocean Rig has signed a
definitive documentation with Total E&P Angola for its ultra deepwater
drillship, "Ocean RigSkyros." The contract is for 5 wells or a minimum 275
days drilling offshore West Africa, with an estimated backlog of approximately
$190 million, expected to commence upon delivery of the drillship from the
shipyard, in October 2013. Ocean Rig also announced about a Letter of Award
(LOA) for its ultra deepwater drillship "Ocean Rig Skyros," received from a
major oil company. As a result of this LOA, Ocean Rig reported that its total
contracted backlog (including LOAs) stands at about $6.1 billion, primarily
with investment grade or strong counterparties. The Full Research Report on
DryShips, Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/104a_DRYS]

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