Latest news with #LKQ
Yahoo
11-08-2025
- Automotive
- Yahoo
CCC Intelligent Solutions and Elitek Expand Integration to Include Sublet Services
Expanded Relationship Enables Shops to Capture More Service Details from Elitek's Mobile Sublet Services in CCC ONE®, Supporting More Complete Repair Documentation and Workflow Efficiency CHICAGO, August 11, 2025--(BUSINESS WIRE)--CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider powering the P&C insurance economy, today announced that Elitek Vehicle Services, an LKQ company, has expanded its integration with the CCC Diagnostics Network. With this expansion, Elitek's mobile sublet services can now be automatically added to CCC ONE® workfiles. This enables Elitek's mobile service collision repair customers to digitally capture diagnostics as well as non-diagnostics services, helping reduce administrative work and supporting more complete repair records. The expansion builds on the companies' initial integration, launched in 2023, which enables documentation from Elitek's remote diagnostics services to flow directly into CCC ONE, including invoices, scan and calibration reports. This next phase extends that functionality to additional mobile services performed onsite by Elitek technicians, automating the delivery of key information into repair workflows. The added efficiency supports repairers as they manage rising repair complexity, continued staffing constraints and the need to thoroughly document repairs performed on the vehicle. There is no cost to activate the expanding capabilities for existing CCC/Elitek customers. "With pressure mounting from rising complexity and staffing challenges, repairers are looking for ways to do more with less, and that can include subletting out specialized services," said Mark Fincher, vice president of product management at CCC. "By expanding our integration with Elitek, we're helping shops reduce manual steps and improve repair documentation, all within the workflows they already use every day." Elitek delivers mobile diagnostics and sublet services directly to collision repair facilities, helping complete repairs outside a shop's in-house capabilities. With this integration, service documentation can be automatically attached to the appropriate CCC ONE repair order, removing the need for manual uploads or data entry. "We're proud to expand our relationship with CCC and bring even more value to our customers by reducing friction across our portfolio of services," said Glen Dixon, Senior Director of North American Operations, Elitek Vehicle Services. "Adding documentation from more of our services into CCC ONE helps streamline operations, reduce time spent managing sublet work and makes it even easier for our customers to perform ADAS calibrations, mechanical, electrical and other sublet services." Elitek is a participating provider in the CCC Diagnostics Network, which includes multiple diagnostics and sublet service partners. Repairers have the flexibility to choose the providers that best meet their needs while supporting consistent and complete documentation in CCC ONE. To learn more about CCC Diagnostics, visit To learn more about Elitek, visit About CCC CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform provider for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep lives moving forward when it matters most. Learn more about CCC at About Elitek Elitek Vehicles Services, an LKQ Company, is the leading independent provider of remote and mobile diagnostics, calibration, and ADAS solutions for collision repair shops. We also offer a full suite of mobile mechanical and electrical services nationwide, and we are committed to advancing vehicle safety. Elitek delivers innovative, reliable ADAS technology and expert support to collision professionals across the U.S. Learn more about Elitek at Special Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing" or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC's digital solutions. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations; and other risks and uncertainties, including those included under the header "Risk Factors" in CCC's filings with the Securities and Exchange Commission ("SEC"), including the Form 10-K filed February 25, 2025, which can be obtained, without charge, at the SEC's website ( The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release. View source version on Contacts CCC Media Contact: Laura Weberlweber@ | 773.960.7144 Sign in to access your portfolio
Yahoo
07-08-2025
- Automotive
- Yahoo
LKQ Corporation to Present at Upcoming Investor Conference
ANTIOCH, Tenn., Aug. 07, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), today announced that members of its senior management will be presenting at the following investor conference: J.P. Morgan 2025 Automotive Conference August 12, 2025 Materials used during the presentation will be posted to the Company's website: on the day of the conference. About LKQ Corporation LKQ Corporation ( is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe, and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles. Contacts:Joseph P. BoutrossVice President, Investor RelationsLKQ Corporation(312) 621-2793jpboutross@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-08-2025
- Business
- Yahoo
3 S&P 500 Stocks with Open Questions
The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn't mean every stock is worth owning. Some companies face significant challenges, whether it's stagnating growth, heavy debt, or disruptive new competitors. Picking the right S&P 500 stocks requires more than just buying big names, and that's where StockStory comes in. That said, here are three S&P 500 stocks to avoid and some better alternatives instead. Charter (CHTR) Market Cap: $36.33 billion Operating as Spectrum, Charter (NASDAQ:CHTR) is a leading telecommunications company offering cable television, high-speed internet, and voice services across the United States. Why Are We Cautious About CHTR? Performance surrounding its internet subscribers has lagged its peers Demand will likely be weak over the next 12 months as Wall Street expects flat revenue ROIC of 9.8% reflects management's challenges in identifying attractive investment opportunities Charter is trading at $266.38 per share, or 6.4x forward P/E. Check out our free in-depth research report to learn more about why CHTR doesn't pass our bar. LKQ (LKQ) Market Cap: $7.71 billion A global distributor of vehicle parts and accessories, LKQ (NASDAQ:LKQ) offers its customers a comprehensive selection of high-quality, affordably priced automobile products. Why Do We Think LKQ Will Underperform? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Estimated sales growth of 1.2% for the next 12 months implies demand will slow from its two-year trend Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions LKQ's stock price of $29.78 implies a valuation ratio of 8x forward P/E. Dive into our free research report to see why there are better opportunities than LKQ. Old Dominion Freight Line (ODFL) Market Cap: $31.1 billion With its name deriving from the Commonwealth of Virginia's nickname, Old Dominion (NASDAQ:ODFL) delivers less-than-truckload (LTL) and full-container load freight. Why Does ODFL Give Us Pause? Declining unit sales over the past two years imply it may need to invest in improvements to get back on track Falling earnings per share over the last two years has some investors worried as stock prices ultimately follow EPS over the long term Waning returns on capital imply its previous profit engines are losing steam At $147.80 per share, Old Dominion Freight Line trades at 27.2x forward P/E. To fully understand why you should be careful with ODFL, check out our full research report (it's free). Stocks We Like More Donald Trump's April 2025 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities. The smart money is already positioning for the next leg up. Don't miss out on the recovery - check out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
30-07-2025
- Business
- Yahoo
Xponential Fitness, Topgolf Callaway, Scholastic, Hanesbrands, and LKQ Stocks Trade Down, What You Need To Know
What Happened? A number of stocks fell in the afternoon session after the latest U.S. consumer confidence report revealed underlying weakness despite a headline increase, raising concerns about future spending. While the Conference Board's headline Consumer Confidence Index rose to 97.2 in July, the details painted a more cautious picture for investors. The Present Situation Index, a measure of consumers' assessment of current business and labor market conditions, actually fell. More telling for the sector, the report showed a decline in buying intentions for major discretionary items such as homes, cars, and most appliances. This combination of factors signals potential weakness in future consumer spending, casting a shadow over companies that rely on non-essential purchases. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Leisure Facilities company Xponential Fitness (NYSE:XPOF) fell 3.6%. Is now the time to buy Xponential Fitness? Access our full analysis report here, it's free. Leisure Facilities company Topgolf Callaway (NYSE:MODG) fell 3.1%. Is now the time to buy Topgolf Callaway? Access our full analysis report here, it's free. Media company Scholastic (NASDAQ:SCHL) fell 3.4%. Is now the time to buy Scholastic? Access our full analysis report here, it's free. Apparel and Accessories company Hanesbrands (NYSE:HBI) fell 4.2%. Is now the time to buy Hanesbrands? Access our full analysis report here, it's free. Specialized Consumer Services company LKQ (NASDAQ:LKQ) fell 3%. Is now the time to buy LKQ? Access our full analysis report here, it's free. Zooming In On Hanesbrands (HBI) Hanesbrands's shares are quite volatile and have had 17 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 2 months ago when the stock gained 5.3% on the news that the major indices rebounded (Nasdaq +2.0%, S&P 500 +2.0%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. Hanesbrands is down 46.2% since the beginning of the year, and at $4.32 per share, it is trading 51.5% below its 52-week high of $8.91 from December 2024. Investors who bought $1,000 worth of Hanesbrands's shares 5 years ago would now be looking at an investment worth $295.06. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
S&P 500 Gains and Losses Today: West Pharmaceutical Services Stock Surges; Dow, LKQ Shares Fall
Major U.S. equities indexes were mixed on Thursday as investors scrutinized the latest earnings data, including a strong quarterly report from Google parent Alphabet (GOOGL). The S&P 500 gained around 0.1%, reaching a record closing high for the fourth straight session. The Nasdaq Composite added 0.3% to secure a record close for the second consecutive day, while the Dow declined 0.7%. West Pharmaceutical Services (WST) shares skyrocketed 22.8%, the most of any stock in the S&P 500, after the healthcare products provider beat sales and profit estimates for the second quarter and raised its full-year guidance. The company, which specializes in packaging solutions and delivery systems for injectable drugs, highlighted a strong contribution from its high-value products segment, which includes its proprietary self-injection systems, stoppers, seals, and plungers. Second-quarter sales and profits from United Rentals (URI) also came in ahead of analysts' forecasts, and shares of the construction and industrial equipment rental firm jumped 9%. In addition, United Rentals boosted its sales forecast for the full year, expanded its 2025 share buyback program by $400 million, and announced a quarterly dividend. Analysts at Bank of America raised their price target on United Rentals stock following the upbeat results. Healthcare diagnostics company Labcorp Holdings (LH) followed suit with a "beat-and-raise" earnings report. Labcorp's second-quarter revenue and adjusted earnings per share (EPS) exceeded estimates, driven by growth across its diagnostics and biopharma segments, and the company raised its full-year outlook. Shares of Labcorp gained 6.9% on Thursday. LKQ Corp. (LKQ), a provider of replacement auto parts, cut its 2025 forecasts for revenue, adjusted EPS, free cash flow, and operating cash flow, citing persistent headwinds in the car repair market and a challenging economic backdrop in Europe. Baird analysts cut their price target on LKQ stock in the wake of the earnings release, citing softness across the company's major markets. LKQ shares plummeted 17.8% on Thursday, logging the S&P 500's weakest daily performance. Shares of Dow Inc. (DOW) plunged 17.5% after the chemical company posted a wider-than-expected quarterly loss and halved its dividend, citing the need for financial flexibility as it navigates prolonged earnings pressure. Dow experienced year-over-year sales declines across all its operating segments, particularly in its packaging and specialty plastics business. Volumes were also down from a year ago, reflecting decreases in Europe, the Middle East, Africa, and India, despite gains in the U.S. and Canada. Molina Healthcare (MOH) cut its full-year profit guidance for the second time this month, pointing to higher medical costs across its business and especially elevated spending related to its Affordable Care Act plans. Although the insurer's second-quarter revenue came in ahead of estimates, profit for the period fell short of expectations. The company's medical cost ratio, a key measure of the amount of premium revenue paid out by an insurer for medical expenses, increased from a year ago. Molina shares tumbled 16.8% Thursday, putting the stock down more than 46% over the past month. Read the original article on Investopedia Sign in to access your portfolio
