Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Stifel Financial hires Rob Wagman as senior advisor » 08:36
06/29/20
06/29
08:36
06/29/20
08:36
SF

Stifel Financial

$44.70 /

-2.585 (-5.47%)

, LKQ

LKQ Corp.

$24.76 /

-0.45 (-1.79%)

Stifel Financial (SF)…

Stifel Financial (SF) announced the hiring of Rob Wagman, former President and CEO of LKQ Corp. (LKQ), as a senior advisor. He will primarily work with Stifel's growing investment banking team, which includes a diverse group of senior investment bankers covering all facets of the global automotive, mobility, capital goods, auto aftermarket, and auto technology sectors. Mr. Wagman currently serves as a board member to a number of leading automotive aftermarket and industrial companies and brings to Stifel more than three decades of experience as a senior executive.

ShowHide Related Items >><<
SF Stifel Financial
$44.70 /

-2.585 (-5.47%)

LKQ LKQ Corp.
$24.76 /

-0.45 (-1.79%)

SF Stifel Financial
$44.70 /

-2.585 (-5.47%)

06/22/20 Credit Suisse
Stifel Financial initiated with a Neutral at Credit Suisse
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo
05/18/20 Wells Fargo
Wells downgrades Stifel Financial to Underweight on underappreciated credit risk
05/18/20 Wells Fargo
Stifel Financial downgraded to Underweight from Equal Weight at Wells Fargo
LKQ LKQ Corp.
$24.76 /

-0.45 (-1.79%)

06/19/20 JPMorgan
LKQ Corp. price target raised to $32 from $29 at JPMorgan
06/08/20 Northcoast
LKQ Corp. downgraded to Neutral following share price rebound at Northcoast
06/08/20 Northcoast
LKQ Corp. downgraded to Neutral from Buy at Northcoast
05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
SF Stifel Financial
$44.70 /

-2.585 (-5.47%)

LKQ LKQ Corp.
$24.76 /

-0.45 (-1.79%)

SF Stifel Financial
$44.70 /

-2.585 (-5.47%)

LKQ LKQ Corp.
$24.76 /

-0.45 (-1.79%)

LKQ LKQ Corp.
$24.76 /

-0.45 (-1.79%)

Recommendations
LKQ Corp. price target raised to $32 from $29 at JPMorgan » 09:15
06/19/20
06/19
09:15
06/19/20
09:15
LKQ

LKQ Corp.

$25.98 /

-0.95 (-3.53%)

JPMorgan analyst Ryan…

JPMorgan analyst Ryan Brinkman raised the firm's price target on LKQ Corp. to $32 from $29 and keeps an Overweight rating on the shares. Evidence has been mounting for weeks that U.S. new vehicle sales and used vehicle pricing are recovering in May and June nearly as fast they plunged in March and April, Brinkman tells investors in a research note. The analyst now forecasts 2020 U.S. light vehicle car sales of 14.5M, up from 13.5M previously.

ShowHide Related Items >><<
LKQ LKQ Corp.
$25.98 /

-0.95 (-3.53%)

LKQ LKQ Corp.
$25.98 /

-0.95 (-3.53%)

06/08/20 Northcoast
LKQ Corp. downgraded to Neutral following share price rebound at Northcoast
06/08/20 Northcoast
LKQ Corp. downgraded to Neutral from Buy at Northcoast
05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
LKQ LKQ Corp.
$25.98 /

-0.95 (-3.53%)

LKQ LKQ Corp.
$25.98 /

-0.95 (-3.53%)

LKQ LKQ Corp.
$25.98 /

-0.95 (-3.53%)

Hot Stocks
LKQ Corp. says Q2 revenue 'tracking ahead' internal expectations » 08:20
06/15/20
06/15
08:20
06/15/20
08:20
LKQ

LKQ Corp.

$25.90 /

-0.37 (-1.41%)

LKQ provided an update on…

LKQ provided an update on its second quarter 2020 operating performance through May. The Company also announced an amendment to its Senior Secured Credit Facility. The company said, "While the COVID-19 pandemic continues to have a negative impact on our global operations, the effect through May 2020 has not been as significant as expected when we announced our first quarter results. Revenue is tracking ahead of our internal expectations, with second quarter to date parts and services organic revenue down approximately 25% when compared to the same quarter in 2019, with April and May monthly revenues down approximately 30% and 20%, respectively.//The cost structure actions announced with our first quarter 2020 results have contributed to preliminary results for April and May of an operating profit for both months. Cash management activities have been effective as the Company generated positive free cash flow in April and May, which was used to pay down over $250 million in debt and build cash balances during this two-month period...LKQ Corporation also announced that it entered into Amendment No. 4 to the Fourth Amended and Restated Credit Agreement dated January 29, 2016 with its lending partners.The amendment to the credit agreement modifies the maximum permitted net leverage ratio through the quarter ending September 30, 2021. Beginning with the quarter ending December 31, 2021, the maximum permitted net leverage ratio reverts to the terms in effect prior to the amendment. The Company can at any time elect to cancel the modifications to the maximum permitted net leverage ratio and revert to the terms in effect prior to the amendment subject to compliance with the 4.0x ratio. The amendment also made certain other immaterial modifications. As of March 31, 2020, the Company's balance sheet reflected net debt of $3.5 billion. The net leverage ratio was 2.5x, and the Company had approximately $1.9 billion in total liquidity. As of May 31, 2020, the Company had net debt of $3.1 billion and total liquidity of approximately $2.2 billion. On March 26, 2020 the Company withdrew its 2020 annual guidance, and temporarily suspended its share repurchase program to focus on preserving capital due to the continued uncertainties related to COVID-19 and its impact on the business. This second quarter 2020 update and the quarter-to-date information disclosed in this release may not be representative of the full quarter or full year results."

ShowHide Related Items >><<
LKQ LKQ Corp.
$25.90 /

-0.37 (-1.41%)

LKQ LKQ Corp.
$25.90 /

-0.37 (-1.41%)

06/08/20 Northcoast
LKQ Corp. downgraded to Neutral following share price rebound at Northcoast
06/08/20 Northcoast
LKQ Corp. downgraded to Neutral from Buy at Northcoast
05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
LKQ LKQ Corp.
$25.90 /

-0.37 (-1.41%)

LKQ LKQ Corp.
$25.90 /

-0.37 (-1.41%)

LKQ LKQ Corp.
$25.90 /

-0.37 (-1.41%)

Over a month ago
Downgrade
LKQ Corp. downgraded to Neutral following share price rebound at Northcoast » 09:29
06/08/20
06/08
09:29
06/08/20
09:29
LKQ

LKQ Corp.

$30.27 /

-0.17 (-0.56%)

As previously reported,…

As previously reported, Northcoast analyst John Healy downgraded LKQ Corp. to Neutral from Buy. He notes a growing level of investor expectations for rebounds in industry miles driven trends and while he also expects a rebound in miles driven to allow many auto aftermarket and auto service-related companies to see a level of normalization in business conditions, Healy looks for the percentage of vehicles in accidents in future periods to continue to shift toward salvage and away from repairs. He also notes that LKQ shares have increased approximately 50% since mid-May to return to near their late February highs.

ShowHide Related Items >><<
LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

06/08/20 Northcoast
LKQ Corp. downgraded to Neutral from Buy at Northcoast
05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
11/01/19 Jefferies
LKQ Corp. price target raised to $40 from $37 at Jefferies
LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

Downgrade
LKQ Corp. downgraded to Neutral from Buy at Northcoast » 06:25
06/08/20
06/08
06:25
06/08/20
06:25
LKQ

LKQ Corp.

$30.27 /

-0.17 (-0.56%)

Northcoast analyst John…

Northcoast analyst John Healy downgraded LKQ Corp. to Neutral from Buy.

ShowHide Related Items >><<
LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
11/01/19 Jefferies
LKQ Corp. price target raised to $40 from $37 at Jefferies
09/13/19 Jefferies
LKQ Corp. activist stake a 'meaningful positive,' says Jefferies
LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

LKQ LKQ Corp.
$30.27 /

-0.17 (-0.56%)

Conference/Events
LKQ Corp. management to meet virtually with Barrington » 04:55
06/01/20
06/01
04:55
06/01/20
04:55
LKQ

LKQ Corp.

$27.47 /

-0.24 (-0.87%)

Virtual Meeting to be…

Virtual Meeting to be held on June 1 hosted by Barrington.

ShowHide Related Items >><<
LKQ LKQ Corp.
$27.47 /

-0.24 (-0.87%)

LKQ LKQ Corp.
$27.47 /

-0.24 (-0.87%)

05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
11/01/19 Jefferies
LKQ Corp. price target raised to $40 from $37 at Jefferies
09/13/19 Jefferies
LKQ Corp. activist stake a 'meaningful positive,' says Jefferies
LKQ LKQ Corp.
$27.47 /

-0.24 (-0.87%)

LKQ LKQ Corp.
$27.47 /

-0.24 (-0.87%)

LKQ LKQ Corp.
$27.47 /

-0.24 (-0.87%)

Conference/Events
LKQ Corp. management to meet virtually with Barrington » 09:49
05/29/20
05/29
09:49
05/29/20
09:49
LKQ

LKQ Corp.

$27.28 /

-0.43 (-1.55%)

Virtual Meeting to be…

Virtual Meeting to be held on June 1 hosted by Barrington.

ShowHide Related Items >><<
LKQ LKQ Corp.
$27.28 /

-0.43 (-1.55%)

LKQ LKQ Corp.
$27.28 /

-0.43 (-1.55%)

05/22/20 Jefferies
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX
11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
11/01/19 Jefferies
LKQ Corp. price target raised to $40 from $37 at Jefferies
09/13/19 Jefferies
LKQ Corp. activist stake a 'meaningful positive,' says Jefferies
LKQ LKQ Corp.
$27.28 /

-0.43 (-1.55%)

LKQ LKQ Corp.
$27.28 /

-0.43 (-1.55%)

LKQ LKQ Corp.
$27.28 /

-0.43 (-1.55%)

Recommendations
Jefferies adds six names to Franchise Picks list, including BioMarin and TJX » 05:13
05/22/20
05/22
05:13
05/22/20
05:13
BMRN

BioMarin

$94.83 /

+0.75 (+0.80%)

, CPRI

Capri Holdings

$15.09 /

+1.1 (+7.86%)

, ETRN

Equitrans Midstream

$7.88 /

-0.115 (-1.44%)

, FMC

FMC Corporation

$91.82 /

-1.14 (-1.23%)

, GLNG

Golar LNG

$6.75 /

-0.16 (-2.32%)

, KEY

KeyCorp

$10.71 /

-0.03 (-0.28%)

, LHX

L3Harris Technologies

$183.97 /

+4.97 (+2.78%)

, LKQ

LKQ Corp.

$25.51 /

+ (+0.00%)

, BX

Blackstone

$53.65 /

-0.655 (-1.21%)

, MSI

Motorola Solutions

$137.08 /

-1.46 (-1.05%)

, RIO

Rio Tinto

$51.80 /

-0.59 (-1.13%)

, RTX

Raytheon Technologies

$60.10 /

+2.32 (+4.02%)

Analysts at Jefferies…

Analysts at Jefferies made changes to the firm's Franchise Picks list, which is comprised of their highest-conviction Buy-rated ideas. The analysts removed Capri Holdings (CPR), Equitrans Midstream (ETRN), FMC Corporation (FMC), Golar LNG (GLNG), KeyCorp (KEY), L3Harris Technologies (LHX) and LKQ Corp. (LKQ). The analysts added six ideas they believe are "poised to outperform:" BioMarin (BMRN), Blackstone (BX), Motorola Solutions (MSI), Rio Tinto (RIO), Raytheon Technologies (RTX) and TJX (TJX).

ShowHide Related Items >><<
RTX Raytheon Technologies
$60.10 /

+2.32 (+4.02%)

RIO Rio Tinto
$51.80 /

-0.59 (-1.13%)

MSI Motorola Solutions
$137.08 /

-1.46 (-1.05%)

LKQ LKQ Corp.
$25.51 /

+ (+0.00%)

LHX L3Harris Technologies
$183.97 /

+4.97 (+2.78%)

KEY KeyCorp
$10.71 /

-0.03 (-0.28%)

GLNG Golar LNG
$6.75 /

-0.16 (-2.32%)

FMC FMC Corporation
$91.82 /

-1.14 (-1.23%)

ETRN Equitrans Midstream
$7.88 /

-0.115 (-1.44%)

CPRI Capri Holdings
$15.09 /

+1.1 (+7.86%)

BX Blackstone
$53.65 /

-0.655 (-1.21%)

BMRN BioMarin
$94.83 /

+0.75 (+0.80%)

BMRN BioMarin
$94.83 /

+0.75 (+0.80%)

05/08/20 Canaccord
BioMarin price target raised to $119 from $108 at Canaccord
05/01/20 Jefferies
Jefferies says valrox, vosoritide uptake may be faster than other BioMarin drugs
04/29/20 Piper Sandler
BioMarin guidance cut 'transient', says Piper Sandler
04/06/20
BioMarin participates in a conference call with Stifel
CPRI Capri Holdings
$15.09 /

+1.1 (+7.86%)

05/18/20
Fly Intel: Top five analyst downgrades
05/18/20 Piper Sandler
Capri Holdings downgraded to Neutral from Overweight at Piper Sandler
04/28/20 BTIG
Capri Holdings initiated with a Neutral at BTIG
04/08/20 Piper Sandler
Piper lays out winners and losers in survey of 5,200 teens
ETRN Equitrans Midstream
$7.88 /

-0.115 (-1.44%)

05/19/20 RBC Capital
EQT Midstream Partners price target raised to $21 from $15 at RBC Capital
04/27/20 Wells Fargo
Equitrans Midstream double upgraded to Overweight at Wells Fargo
04/27/20 Wells Fargo
Equitrans Midstream upgraded to Overweight from Underweight at Wells Fargo
01/07/20 Wells Fargo
Equitrans Midstream downgraded to Underweight at Wells Fargo
FMC FMC Corporation
$91.82 /

-1.14 (-1.23%)

05/07/20 KeyBanc
FMC Corporation price target raised to $108 from $93 at KeyBanc
05/07/20 Citi
FMC Corporation price target raised to $114 from $107 at Citi
04/06/20 SunTrust
FMC Corporation price target lowered to $106 from $125 at SunTrust
03/26/20 KeyBanc
KeyBanc bullish on FMC Corporation, initiates with an Overweight
GLNG Golar LNG
$6.75 /

-0.16 (-2.32%)

04/08/20 B. Riley FBR
Golar LNG price target lowered to $13 from $21 at B. Riley FBR
03/09/20 DNB Markets
Golar LNG downgraded to Hold from Buy at DNB Markets
02/04/20 Goldman Sachs
Golar LNG upgraded to Neutral from Sell at Goldman Sachs
12/11/19
Fly Intel: Top five analyst initiations
KEY KeyCorp
$10.71 /

-0.03 (-0.28%)

05/04/20 UBS
Wells Fargo, PNC Financial cut to Sell, Keycorp cut to Neutral at UBS
05/04/20 UBS
KeyCorp downgraded to Neutral from Buy at UBS
04/17/20 BofA
KeyCorp downgraded to Neutral from Buy at BofA
04/17/20 BofA
KeyCorp downgraded to Neutral from Buy at BofA
LHX L3Harris Technologies
$183.97 /

+4.97 (+2.78%)

05/20/20 RBC Capital
RBC starts 'best-in-class' L3Harris Technologies at Outperform
05/20/20 RBC Capital
L3Harris Technologies initiated with an Outperform at RBC Capital
05/19/20 Seaport Global
Seaport starts L3Harris with Buy, names top pick in Defense
05/19/20 Seaport Global
L3Harris Technologies initiated with a Buy at Seaport Global
LKQ LKQ Corp.
$25.51 /

+ (+0.00%)

11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
11/01/19 Jefferies
LKQ Corp. price target raised to $40 from $37 at Jefferies
09/13/19 Jefferies
LKQ Corp. activist stake a 'meaningful positive,' says Jefferies
08/14/19
LKQ Corp.management to meet with Stephens
BX Blackstone
$53.65 /

-0.655 (-1.21%)

04/24/20 Citi
Blackstone price target raised to $57.50 from $53.50 at Citi
04/15/20 Wells Fargo
Blackstone price target lowered to $62 from $70 at Wells Fargo
04/14/20 Nomura Instinet
Alnylam risks not absolved with Blackstone deal, says Nomura Instinet
03/19/20 Citi
Blackstone upgraded to Buy from Neutral at Citi
MSI Motorola Solutions
$137.08 /

-1.46 (-1.05%)

05/08/20
Fly Intel: Top five analyst downgrades
05/08/20 MKM Partners
Motorola Solutions price target lowered to $150 from $192 at MKM Partners
05/08/20 Cowen
Motorola Solutions weakness a buying opportunity, says Cowen
05/08/20 Credit Suisse
Motorola Solutions price target lowered to $161 from $196 at Credit Suisse
RIO Rio Tinto
$51.80 /

-0.59 (-1.13%)

05/20/20 UBS
Rio Tinto price target lowered to 4,100 GBp from 4,250 GBp at UBS
05/18/20 Jefferies
Jefferies names Beazley, Ferguson, Novartis, Rio Tinto high conviction ideas
05/11/20 JPMorgan
Rio Tinto price target lowered to 4,560 GBp from 4,730 GBp at JPMorgan
04/30/20 JPMorgan
Rio Tinto price target lowered to 4,730 GBp from 4,870 GBp at JPMorgan
RTX Raytheon Technologies
$60.10 /

+2.32 (+4.02%)

05/20/20 RBC Capital
RBC starts 'significantly undervalued' Raytheon Technologies at Outperform
05/20/20 RBC Capital
Raytheon Technologies initiated with an Outperform at RBC Capital
04/20/20 Credit Suisse
Raytheon Technologies price target lowered to $81 from $101.45 at Credit Suisse
04/15/20 JPMorgan
Raytheon Technologies downgraded to Neutral upon assumption at JPMorgan
RTX Raytheon Technologies
$60.10 /

+2.32 (+4.02%)

MSI Motorola Solutions
$137.08 /

-1.46 (-1.05%)

LKQ LKQ Corp.
$25.51 /

+ (+0.00%)

LHX L3Harris Technologies
$183.97 /

+4.97 (+2.78%)

KEY KeyCorp
$10.71 /

-0.03 (-0.28%)

GLNG Golar LNG
$6.75 /

-0.16 (-2.32%)

FMC FMC Corporation
$91.82 /

-1.14 (-1.23%)

ETRN Equitrans Midstream
$7.88 /

-0.115 (-1.44%)

CPRI Capri Holdings
$15.09 /

+1.1 (+7.86%)

BX Blackstone
$53.65 /

-0.655 (-1.21%)

BMRN BioMarin
$94.83 /

+0.75 (+0.80%)

RTX Raytheon Technologies
$60.10 /

+2.32 (+4.02%)

RIO Rio Tinto
$51.80 /

-0.59 (-1.13%)

MSI Motorola Solutions
$137.08 /

-1.46 (-1.05%)

LHX L3Harris Technologies
$183.97 /

+4.97 (+2.78%)

KEY KeyCorp
$10.71 /

-0.03 (-0.28%)

FMC FMC Corporation
$91.82 /

-1.14 (-1.23%)

BX Blackstone
$53.65 /

-0.655 (-1.21%)

RTX Raytheon Technologies
$60.10 /

+2.32 (+4.02%)

RIO Rio Tinto
$51.80 /

-0.59 (-1.13%)

MSI Motorola Solutions
$137.08 /

-1.46 (-1.05%)

LKQ LKQ Corp.
$25.51 /

+ (+0.00%)

LHX L3Harris Technologies
$183.97 /

+4.97 (+2.78%)

KEY KeyCorp
$10.71 /

-0.03 (-0.28%)

FMC FMC Corporation
$91.82 /

-1.14 (-1.23%)

ETRN Equitrans Midstream
$7.88 /

-0.115 (-1.44%)

CPRI Capri Holdings
$15.09 /

+1.1 (+7.86%)

BX Blackstone
$53.65 /

-0.655 (-1.21%)

BMRN BioMarin
$94.83 /

+0.75 (+0.80%)

RTX Raytheon Technologies
$60.10 /

+2.32 (+4.02%)

RIO Rio Tinto
$51.80 /

-0.59 (-1.13%)

LKQ LKQ Corp.
$25.51 /

+ (+0.00%)

KEY KeyCorp
$10.71 /

-0.03 (-0.28%)

GLNG Golar LNG
$6.75 /

-0.16 (-2.32%)

FMC FMC Corporation
$91.82 /

-1.14 (-1.23%)

ETRN Equitrans Midstream
$7.88 /

-0.115 (-1.44%)

CPRI Capri Holdings
$15.09 /

+1.1 (+7.86%)

BX Blackstone
$53.65 /

-0.655 (-1.21%)

BMRN BioMarin
$94.83 /

+0.75 (+0.80%)

Options
Early notable gainers among liquid option names on April 30th » 09:55
04/30/20
04/30
09:55
04/30/20
09:55
FB

Facebook

$204.38 /

+10.24 (+5.27%)

, HOLX

Hologic

$51.79 /

+2.92 (+5.98%)

, MRO

Marathon Oil

$5.83 /

-0.035 (-0.60%)

, NLSN

Nielsen

$13.96 /

-0.03 (-0.21%)

, LKQ

LKQ Corp.

$25.63 /

+0.3 (+1.18%)

Notable gainers among…

Notable gainers among liquid option names this morning include Facebook (FB) $208.11 +13.92, Hologic (HOLX) $51.88 +2.93, Marathon Oil (MRO) $6.15 +0.30, Nielsen (NLSN) $14.45 +0.49, and LKQ Corp. (LKQ) $26.13 +0.83.

ShowHide Related Items >><<
FB Facebook
$204.38 /

+10.24 (+5.27%)

04/30/20 Jefferies
Facebook price target raised to $250 from $225 at Jefferies
04/30/20 JPMorgan
Facebook price target raised to $245 from $215 at JPMorgan
04/30/20 MKM Partners
Facebook price target raised to $240 from $200 at MKM Partners
04/30/20 Credit Suisse
Facebook price target raised to $258 from $234 at Credit Suisse
HOLX Hologic
$51.79 /

+2.92 (+5.98%)

04/30/20 SVB Leerink
Hologic upgraded to Outperform at SVB Leerink on COVID-19 testing capability
04/30/20 JPMorgan
Hologic price target raised to $55 from $45 at JPMorgan
04/30/20 Needham
Hologic price target raised to $60 from $52 at Needham
04/30/20 Wells Fargo
Hologic price target raised to $60 from $48 at Wells Fargo
MRO Marathon Oil
$5.83 /

-0.035 (-0.60%)

04/22/20 Credit Suisse
Marathon Oil downgraded to Neutral from Outperform at Credit Suisse
04/15/20 OTR Global
U.S. tank barge shipping market view lowered to mixed at OTR Global
04/03/20 Mizuho
Marathon Oil downgraded to Neutral from Buy at Mizuho
04/02/20 Wolfe Research
Marathon Oil downgraded to Underperform from Peer Perform at Wolfe Research
NLSN Nielsen
$13.96 /

-0.03 (-0.21%)

04/09/20 Arete
Nielsen downgraded to Sell from Neutral at Arete
02/28/20
Fly Intel: Top five analyst downgrades
02/28/20 Baird
Baird downgrades Nielsen to Neutral on 'breadth of risks'
02/28/20 Baird
Nielsen downgraded to Neutral from Outperform at Baird
LKQ LKQ Corp.
$25.63 /

+0.3 (+1.18%)

11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
11/01/19 Jefferies
LKQ Corp. price target raised to $40 from $37 at Jefferies
09/13/19 Jefferies
LKQ Corp. activist stake a 'meaningful positive,' says Jefferies
08/14/19
LKQ Corp.management to meet with Stephens
Hot Stocks
LKQ Corp. implements comprehensive cost reduction plans » 06:01
04/30/20
04/30
06:01
04/30/20
06:01
LKQ

LKQ Corp.

$25.33 /

+1.33 (+5.54%)

"As the COVID-19…

"As the COVID-19 pandemic spread rapidly across the globe during the first quarter, our number one priority was, and continues to be, the health and safety of our employees, customers, vendor partners and the communities where we operate. Our businesses got off to an excellent start in January and February, carrying the strong momentum from 2019 on all fronts and reinforcing our key priorities of profitable revenue growth, accretive margins and cash flow generation. Through February, each of our segments was in line with or ahead of our revenue and profit expectations. As the restrictions on movement of people were imposed resulting in the decline of demand for our parts across all business segments, our financial results during the second half of March deteriorated. This reduced level of demand has continued, with April revenue down approximately 40% compared to the prior year, significantly impacting our near-term financial results. We anticipate a gradual improvement in revenue and profitability as governments around the globe begin the process of lifting the restrictions on mobility and opening their economies," stated Dominick Zarcone, President and CEO of LKQ Corporation. Zarcone further commented, "To help mitigate the business disruption caused by the COVID-19 pandemic, and to position LKQ for earnings growth when the U.S. and European economies rebound, we have taken decisive action and implemented comprehensive cost reduction plans throughout the enterprise, including substantial staffing adjustments. This focus on our cost structure and the variable nature of certain expenses has resulted in a potential annualized run-rate savings of more than $1 billion. As market conditions improve, we look forward to bringing our people back, so we can both fulfill the anticipated increase in demand and continue to provide industry leading levels of customer service."

ShowHide Related Items >><<
LKQ LKQ Corp.
$25.33 /

+1.33 (+5.54%)

11/01/19 SunTrust
LKQ Corp. price target raised to $40 from $35 at SunTrust
11/01/19 Jefferies
LKQ Corp. price target raised to $40 from $37 at Jefferies
09/13/19 Jefferies
LKQ Corp. activist stake a 'meaningful positive,' says Jefferies
08/14/19
LKQ Corp.management to meet with Stephens

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.