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LKQ Corporation Appoints Chairman of the Board and Elects New Board Member
Thursday, November 10, 2011 - 8:00am | 62LKQ Corporation (Nasdaq: LKQX) today announced that on November 7, 2011 the Board of Directors elected Joseph M. Holsten, the Company's Acting Chairman of the Board and Co-Chief Executive Officer, as the Chairman of the Board of Directors. Joseph M. Holsten, a Director of the Company since 1998,...
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LKQ Corporation Announces That Donald F. Flynn, Founder and Chairman, Passed Away
Tuesday, October 11, 2011 - 7:32am | 100LKQ Corporation (Nasdaq: LKQX) announced that Donald F. Flynn, Founder and Chairman of the Board of Directors, passed away on October 10, 2011. "We are saddened by the loss of a great leader and friend to so many. Don's vision and leadership were key to the amazing growth LKQ has witnessed since...
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Bank of America Downgrades LKQ Corporation To Neutral, Raises PO To $35
Thursday, September 15, 2011 - 5:36am | 29Bank of America has downgraded LKQ Corporation (NASDAQ: LKQX) from Buy to Neutral and has raised the price objective from $28 to $35.
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Earnings Preview: Sysco's EPS, Revenue Expected to Rise
Wednesday, August 10, 2011 - 1:22pm | 501Sysco (NYSE: SYY) announces its next round of earnings this Monday, August 15, 2011. Here's Benzinga's advanced look at Sysco's fourth quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 57 cents/share and revenues of $10.36 billion. Investors will be keen...
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Earnings Roundup
Monday, August 8, 2011 - 7:59am | 799Dollar Thrifty Automotive Group Inc (NYSE: DTG) reported a 0.6% rise in its second-quarter net profit. Dollar Thrifty's quarterly net profit increased to $42.5 million, from $42.3 million, in the year-ago period. Its revenue dropped 0.3% to $395.1 million. Dollar Thrifty's earnings per share...
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Euro Tech Holdings Company Limited Announces Stock Buyback of 300K Shares
Monday, August 1, 2011 - 7:04am | 67Euro Tech Holdings Company Limited (Nasdaq: CLWT) today announced that the Board of Directors has approved to renew its stock buyback program to repurchase up to 300,000 shares of its issued and outstanding stock announced on August 2, 2010 for another year. Under the original program, which will...
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Barrington Research Updates 7/26/11
Tuesday, July 26, 2011 - 8:17am | 151Barrington Research made a number of updates in a research report published today. PRGX Global (NASDAQ: PRGX) had its rating reiterated at Outperform. At the same time, its price target was maintained at $7. On Monday, PRGX closed the day at $6.74. LKQ (NASDAQ: LKQX) had its rating reiterated at...
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Gabelli Maintains Buy on Genuine Parts
Monday, July 18, 2011 - 8:21am | 116Gabelli is out with its report today on Genuine Parts (NYSE: GPC), maintaining Buy. In a note to clients, Gabelli writes, "Given the better than expected quarter along with some share count shrink, we are increasing our FY11 EPS estimate to $3.55 from $3.45, with our 2012 EPS estimate moving to $3...
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Goldman Sachs Has Sell On Genuine Parts
Monday, July 18, 2011 - 7:15am | 146Goldman Sachs is out with a research report on Genuine Parts Co. (NYSE: GPC) with a Sell rating and a $53 price target on shares after the company reported earnings. In a note to clients, Goldman Sachs writes, "2Q results were strong, but we believe revenue tailwinds driving the automotive and...
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Goldman Sachs Comments On Genuine Parts Co.
Monday, July 18, 2011 - 5:52am | 116Goldman Sachs has put out a report on Genuine Parts (NYSE: GPC) noting a strong 2Q for the company. In the report, Goldman Sachs writes, "2Q results were strong, but we believe revenue tailwinds driving the automotive and industrial divisions will moderate, gross margin rate progress has the...
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Goldman Sachs Raises PT On Genuine Parts Company To $53
Monday, July 18, 2011 - 5:05am | 27Goldman Sachs has raised the price target on Genuine Parts (NYSE: GPC) from $52 to $53 and maintains its Sell rating.
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Core-Mark Announces Expansion of Supply Agreement With Alimentation Couche-Tard
Friday, July 15, 2011 - 7:35am | 91Core-Mark Holding Company, Inc. (NASDAQ: CORE) announced today that it will be serving as the broadline supplier to the Circle K stores in the Southeastern U.S. leading to the creation of a new division in Tampa, Florida. Core-Mark and Alimentation Couche-Tard have signed a letter of intent as...
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Earnings Scheduled For July 15
Friday, July 15, 2011 - 2:59am | 122First Horizon National Corp (NYSE: FHN) is expected to report its Q2 EPS at $0.11 on revenue of $364.74 million. Mattel Inc (NASDAQ: MAT) to report its Q2 earnings at $0.16 per share on revenue of $1.11 billion. Webster Financial Corporation (NYSE: WBS) is estimated to report its Q2 EPS at $0.35...
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UPDATE: Goldman Sachs Raises PT on Genuine Parts to $52
Thursday, July 14, 2011 - 6:30am | 115Goldman Sachs is out with its report today on Genuine Parts (NYSE: GPC), raising its PT from $51 to $52. In a note to clients, Goldman Sachs writes, "We continue to rate GPC Sell, on full valuation (18% premium to the S&P 500 vs. 5-year average 3% premium) and expectation for slowing...
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Goldman Sachs Raises PT On Genuine Parts Company To $52
Thursday, July 14, 2011 - 5:45am | 28Goldman Sachs has raised the price target on Genuine Parts Company (NYSE: GPC) from $51 to $52 and maintains its Sell rating.