KAR Auction Services (NYSE:KAR) Downgraded to “Hold” at Zacks Investment Research

KAR Auction Services (NYSE:KAR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “KAR Auction Services, Inc., through its subsidiaries, operates as a used vehicle and salvage auto auction company in North America. The company operates in three segments: ADESA, IAAI, and AFC. The ADESA segment provides whole car auctions and related services to commercial fleet operators, financial institutions, rental car companies, used vehicle dealers, vehicle manufacturers and their captive finance companies, and franchised and independent used vehicle dealers. This segment also provides value-added ancillary services, such as inspections, storage, transportation, reconditioning and titling, and other administrative services. The IAAI segment offers salvage vehicle auctions and related services. The AFC segment offers short-term and inventory-secured financing, known as floorplan financing, to independent used vehicle dealers. KAR Auction Services, Inc. is headquartered in Carmel, Indiana.

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St. Mary’s County to hold fair food event, nonpublic livestock show | Local News

Although county fairs were canceled in Southern Maryland due to the coronavirus pandemic, St. Mary’s County residents can still look forward to a fair food event, along with several nonpublic livestock shows.

John Richards, president of the St. Mary’s County Fair Association, said this week a “Fair Food Fair” will be held at the fairgrounds in Leonardtown in lieu of the county fair event, which would have taken place this month.

While Charles and Calvert had planned fair food drive-thru events, St. Mary’s is offering carryout food, “using vendors that are normally at the county fair,” he said.

The St. Mary’s County Fair Food Fair will take place at the fairgrounds in Leonardtown on Friday, Sept. 25, from 4 to 7 p.m., Saturday, Sept. 26, from noon to 7 p.m. and Sunday, Sept. 27, from noon to 6 p.m. Eleven vendors will be at the event, including Olde Town Pub’s

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