LKQ Corp. Q3 Profit Tops Estimates
LKQ Corp. (LKQ) reported adjusted earnings per share for the third quarter of $0.75 compared to $0.61 for the same period of 2019, a 23.0% increase. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.53, for the quarter. Analysts’ estimates typically exclude special items.
Revenue for the third quarter was $3.0 billion, a decrease of 3.2% as compared to $3.1 billion in the third quarter of 2019. Parts and services organic revenue decreased 4.5% year-over-year. Analysts expected revenue of $2.95 billion, for the quarter.
Live Updates: Trump, Biden fight for Florida in dueling campaign events
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The race is on for Florida, and President Trump and Democratic nominee Joe Biden are both stumping in the Sunshine State on Thursday.
The candidates will hold dueling rallies in Tampa, the western anchor of the critical I-4 swing region in the extremely crucial general election battleground state.
The president will hold an early afternoon rally outside of Raymond James Stadium, which is home to the NFL’s Tampa Bay Buccaneers.
Former vice president Biden will headline a socially distanced drive-in car rally. Biden arrives in Tampa after holding a campaign event earlier in the day in Democratic-rich Broward County in southeast Florida.
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CNN’s Brianna Keilar Delivers 7-Minute Takedown Of Donald Trump’s 1950s Worldview
CNN host Brianna Keilar on Wednesday put Donald Trump’s sexist and dated view of the world under the spotlight.
Keilar on “Newsroom” called out the president’s pleas to suburban women this week when he asked for their vote because he was putting their “husbands back to work.”
“He seems to miss that, decades ago, women joined the workforce en masse,” said Keilar.
The anchor aired footage of Trump in 1994 claiming that “putting a wife to work is a very dangerous thing” and recalling going “through the roof” when he’d return home to find his dinner not ready.
Keilar reeled off other examples of Trump’s “1950s worldview” ― from his references to “Gone With The Wind” and Bob Hope to his denial of systemic racism and touting of Confederate symbols.
“His nostalgia for the ’50s is obstructing his understanding of the present-day suburbs,” Keilar concluded. “It’s 2020. Lassie is not coming to save us and June Cleaver is not waiting at home with meatloaf.”
Check out the video here:
New German €10 bln coronavirus aid covered by budget, says Scholz
BERLIN, Oct 29 (Reuters) – Germany can finance a 10 billion euro ($11.8 billion) aid package for November, announced on Wednesday to help small firms hit by a circuit-break lockdown, without asking parliament for more money, Finance Minister Olaf Scholz said on Thursday.
Tapestry Q1 Profit Tops Estimates
Tapestry, Inc. (TPR) reported first quarter non-GAAP earnings per share of $0.58 compared to $0.40, prior year. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $0.23, for the quarter. Analysts’ estimates typically exclude special items.
First quarter net sales totaled $1.17 billion compared to $1.36 billion in the prior year, a 14% decline. Analysts expected revenue of $1.07 billion, for the quarter.
Tapestry is not providing detailed guidance for fiscal 2021. The company continues to expect a topline inflection in the second half of the fiscal year, with both revenue and bottom line growth now projected for fiscal 2021.
UK's Labour Party suspends former leader Corbyn after anti-Semitism report
- Report says party was responsible for unlawful harassment and discrimination in its handling of allegations of anti-Semitism.
- Labour Party says Jeremy Corbyn suspended in light of comments he made on Thursday and his failure to retract them.
Britain's opposition Labour Party on Thursday suspended former leader Jeremy Corbyn in light of comments he made after a report said the party was responsible for unlawful harassment and discrimination in its handling of allegations of anti-Semitism.
"In light of his comments made today and his failure to retract them subsequently, the Labour Party has suspended Jeremy Corbyn pending investigation," it said in a statement.
"He has also had the whip removed from the Parliamentary Labour Party."
OncoSec: FDA Approves IND Application For Phase 1 Trial Of DNA Vaccine Against SARS-CoV-2
OncoSec Medical Incorporated (ONCS) announced the FDA has approved the Investigational New Drug application for a first-in-human phase 1 trial for CORVax12, a DNA-encodable vaccine against SARS-CoV-2. The company is developing the DNA-encodable vaccine with Providence Cancer Institute, a part of Providence St. Joseph Health. OncoSec noted that CORVax12 is the only DNA vaccine that uses an immune stimulant to promote an immune response against the SARS-CoV-2 virus.
Providence will conduct a phase 1, open-label study to evaluate the safety and immunogenicity of a plasmid encoding the SARS-CoV-2 spike protein alone or in combination with IL-12 in up to 36 healthy volunteers.
CBRE Group Q3 Profit Tops Estimates
CBRE Group, Inc. (CBRE) reported that its third quarter adjusted earnings per share decreased to $0.73 from $0.79, prior year. On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.42, for the quarter. Analysts’ estimates typically exclude special items. Adjusted EBITDA was $442 million compared to $455 million, previous year.
Third quarter revenue declined to $5.65 billion from $5.93 billion, previous year. Analysts expected revenue of $5.3 billion, for the quarter.