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Vehicle components company $LKQ reported a rise in 2Q16 earnings driven by higher revenue and margins as well as smooth integration of the Rhiag and PGW acquisitions. Net income rose to $140.74MM or $0.46 per share from $119.72MM or $0.39 per share last year. Revenue grew to $2.45Bil from $1.84Bil. Adjusted EPS increased 34.1% to $0.55.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.