NTP-Stag Owner LKQ Sees 4Q Sales Rise 27.9%

LKQ Corp., owner of Keystone Automotive Operations and NTP-Stag, reported fourth-quarter sales rose 27.9% pushing net income to a 3.3% year-over-year increase. For the fourth quarter of 2014, revenue was $1.68 billion compared with $1.32 billion for the fourth quarter of 2013. Net income during the period was $80.5 million compared with $77.9 million in the […]

U.S. 4Q Growth is Revised Downward during ’14

The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit. As reported by the Associated Press, the Commerce Department said Friday (Feb. 27) that the economy as measured by the gross domestic product grew at an annual rate of […]