The pending Ninth Circuit appeal was held in abeyance pending
AMG’s outcome. Following the
AMG decision, the parties filed supplemental briefs regarding how the appeal should proceed. Both the FTC and defendants conceded that the monetary judgment under 13(b) should be vacated. The FTC argued
AMG has no other effect; defendants disagree. The appeal remains pending.
FTC v. American Future Systems, Inc., No. 20-cv-02266 (E.D. Pa.)
On April 30, defendants filed a notice of supplemental authority notifying the court of the
AMG decision, and arguing that significant portions of the FTC’s complaint should be stricken. On May 17, 2021, defendants filed their answers to the (pre-
Liberty All-Star® Growth Fund, Inc April 2021 Monthly Update streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Below is the April 2021 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG) Liberty All-Star Growth Fund, Inc. Ticker: ASG.
FleetCor Technologies: Q1 Earnings Snapshot
May 5, 2021
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ATLANTA (AP) FleetCor Technologies Inc. (FLT) on Wednesday reported first-quarter profit of $184.2 million.
The Atlanta-based company said it had net income of $2.15 per share. Earnings, adjusted for one-time gains and costs, were $2.82 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.70 per share.
The provider of fuel card and payment products for businesses posted revenue of $608.6 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $605.6 million.
For the current quarter ending in July, FleetCor Technologies expects its per-share earnings to range from $2.80 to $3.
FleetCor Technologies, Inc. Q1 adjusted earnings Beat Estimates
WASHINGTON (dpa-AFX) - FleetCor Technologies, Inc. (FLT) reported earnings for its first quarter that climbed from last year.
The company s bottom line totaled $184.24 million, or $2.15 per share. This compares with $147.06 million, or $1.67 per share, in last year s first quarter.
Excluding items, FleetCor Technologies, Inc. reported adjusted earnings of $242.15 million or $2.82 per share for the period.
Analysts had expected the company to earn $2.73 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter fell 7.9% to $608.62 million from $661.09 million last year.
FleetCor Technologies, Inc. earnings at a glance: