Trading Day: Local SEC filings for 1.11.18

Brink’s (BCO)

The armored car giant reported that the theft of an international gold shipment that occurred on Dec. 6 will result in a fourth quarter pretax charge of about $11 million. The impact of the charge on fourth quarter and year-end earnings are to be determined when the company’s tax rate other year-end items are finalized.

The company plans to purchase Brazil-based Rodoban for $145 million in cash. The acquisition is expected to close in the second quarter.

CarMax (KMX)

The used car retailer reported its third quarter earnings for fiscal year 2018. Revenues totaled $4.1 billion, up from $3.7 billion the same three months of FY17. Profits totaled $148.8 million, up from $136.6 million the same quarter the previous year. Year-to-date revenues totaled $13 billion, up from $11.8 billion the first nine months of the previous year. Year-to-date profits totaled $541.9 million, up from $474.3 million the previous year.

Markel (MKL)

Vice Chairman Steven Markel sold 200 shares of common stock at prices ranging from $1,115.61 to $1,116.25 per share for a total of $223,155.

CFO Anne Waleski gifted 265 shares of common stock. She now directly owns 3,294 shares and indirectly owns 1,502 shares.

Brink’s (BCO)

The armored car giant reported that the theft of an international gold shipment that occurred on Dec. 6 will result in a fourth quarter pretax charge of about $11 million. The impact of the charge on fourth quarter and year-end earnings are to be determined when the company’s tax rate other year-end items are finalized.

The company plans to purchase Brazil-based Rodoban for $145 million in cash. The acquisition is expected to close in the second quarter.

CarMax (KMX)

The used car retailer reported its third quarter earnings for fiscal year 2018. Revenues totaled $4.1 billion, up from $3.7 billion the same three months of FY17. Profits totaled $148.8 million, up from $136.6 million the same quarter the previous year. Year-to-date revenues totaled $13 billion, up from $11.8 billion the first nine months of the previous year. Year-to-date profits totaled $541.9 million, up from $474.3 million the previous year.

Markel (MKL)

Vice Chairman Steven Markel sold 200 shares of common stock at prices ranging from $1,115.61 to $1,116.25 per share for a total of $223,155.

CFO Anne Waleski gifted 265 shares of common stock. She now directly owns 3,294 shares and indirectly owns 1,502 shares.

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected]

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMEBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments