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Factory explosion, fire idle supplier Meridian in Canada

For the second time in six months, an explosion and fire have stopped production at a North American magnesium parts plant owned by supplier Meridian. The latest incident took place at a Meridian Lightweight Technologies plant in Strathroy, Ontario.

UPDATED: 10/23/18 9:57 pm ET - adds details
UPDATED: 10/23/18 4:21 pm ET - adds stock close
Asbury net income surges on gains in F&I, parts and service

Asbury Automotive's net income surged in the third quarter, driven by increases in the company's finance and insurance and parts and service business lines. The company also lifted its revenue.

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