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Stafford nabs suspect in string of airbag thefts

Stafford nabs suspect in string of airbag thefts Sierra Stafford sheriff’s deputies say they’ve nabbed a man responsible for stealing airbags from multiple vehicles. On March 14 at 3:38 a.m., the Sheriff’s Office was notified by off-sight security that live security footage was showing a suspect unlawfully on the property of Insurance Auto Auctions, at 15 Le Way Drive. When they arrived, deputies established a perimeter around the business. An employee then arrived on the scene to allow deputies access to the car lot at the rear of the business. While there, Sgt. L.A. Burgess, Deputy W.A. Bolinsky, and Deputy M.A. Pearce began to search the property. The deputies saw a flashlight in the distance and walked toward it.

Peter Kelly to succeed Hallett as KAR CEO on April 1

Peter Kelly to Lead KAR Global as Chief Executive Officer

Peter Kelly to Lead KAR Global as Chief Executive Officer Jim Hallett Will Serve as Executive Chairman After Transition of Management Responsibilities News provided by Share this article Share this article CARMEL, Ind., March 2, 2021 /PRNewswire/  KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces that Peter Kelly will assume the role of Chief Executive Officer effective April 1, 2021. Kelly has served as KAR Global s president since 2019 and succeeds Jim Hallett who has led the company as CEO since 2009 and became Chairman in 2014. Hallett will become executive chairman of KAR Global and continue to advise the company on strategic and customer and investor relations matters. Hallett will continue serving as Chairman of the KAR Global Board of Directors, with Kelly being named as a new director beginning April 1, 2021.

Factors Shaping the Fate of Copart s (CPRT) Q2 Earnings

Factors Shaping the Fate of Copart s (CPRT) Q2 Earnings Zacks.com 2/17/2021 Copart, Inc. CPRT is scheduled to release second-quarter fiscal 2021 results today after the closing bell. The Zacks Consensus Estimate for the quarter’s earnings per share and revenues is pinned at 79 cents and $630.64 million, respectively. In the last reported quarter, the Texas-based online vehicle auctioning company posted an earnings beat on higher-than-expected revenues from vehicle sales. The bottom line also improved year over year on higher revenues and lower operating costs. Copart which is considered the eBay EBAY of salvage vehicles surpassed the Zacks Consensus Estimate in three of the last four quarters and missed in the other, the average surprise being 20.51%. This is depicted in the graph below:

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