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Stock Market & Financial Investment News

News Breaks
June 30, 2014
13:09 EDTLKQ, FIATYLKQ Corp. and Chrysler sign patent license agreement
LKQ Corporation (LKQ) and Chrysler (FIATY) entered into a Patent License Agreement whereby LKQ has been granted a license under certain Chrysler design patents in connection with LKQ's distribution and sale of aftermarket collision parts in the United States. As part of the agreement, Chrysler will dismiss the complaint it filed in January 2014 against LKQ alleging that the distribution of certain aftermarket parts by LKQ infringed Chrysler's design patents relating to its Dodge Ram pickup truck. As a result, an amicable resolution of this matter has been reached. Further details about the agreement and its terms and conditions are confidential.
News For LKQ;FIATY From The Last 14 Days
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February 26, 2015
11:08 EDTLKQLKQ Corp. drops sharply on earnings, outlook, levels to watch
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09:25 EDTLKQOn The Fly: Pre-market Movers
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07:15 EDTLKQLKQ Corp. appoints Dominick Zarcone as CFO
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07:14 EDTLKQLKQ Corp. sees FY15 EPS $1.36-$1.46, consensus $1.61
Sees FY15 organic revenue growth for parts & services 6.5%-9.0%. Referring to the FY15 EPS guidance CEO Robert Wagman commented, "The declines we saw in the foreign currency rates in the fourth quarter of 2014 have continued into the first quarter of 2015 with the British Pound, Euro, and Canadian Dollar all weakening compared to the U.S. Dollar. During that same period we have also seen the markets for scrap steel, copper and other commodities trend lower. We estimate that these headwinds will negatively impact 2015 EPS approximately 4c per share due to weaker foreign currencies and an additional 6c per share related to lower commodity prices compared to 2014."
07:12 EDTLKQLKQ Corp. reports Q4 EPS 26c, consensus 32c
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February 18, 2015
06:38 EDTFIATYCar sales rose in Europe last month, NY Times says
European car sales increased 6.7% in January, versus the same period a year earlier, data from the European Automobile Manufacturers’ Association indicates, according to The New York Times. January was the 17th straight month that European car sales have increased, but they remain well below the levels they reached before the financial crisis, the newspaper stated. Publicly traded companies in the space include Fiat Chrysler (FCAU), Fiat S.p.A. (FIATY), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Toyota (TM) and Volkswagen (VLKAY). Reference Link

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