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Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue.
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Dow drops 500 points after U.S. economic growth slows: Live updates CNBCGDP growth slowed to a 1.6% rate in the first quarter, well below expectations CNBCWhy GDP report is 'worst of both worlds' for markets MarketWatchU.S. Economic Growth Slows to 1.6%, Inflation Stays Firm The Wall Street JournalU.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown The New York Times
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