• DMCA
  • Privacy Policy
Trade News Today
  • Home
  • Markets
  • News
    • All
    • Business

    Gold’s Price Action Is Even More Bullish In Other Currencies

    What Trump’s Mask, Toyota Production And OPEC+ Meeting Mean For Markets

    Weekly Outlook: Monetary Policy Decision From BoJ, BoC, ECB

    Risk Appetites Firm, But The Greenback Is Mixed

    The Dual Nature Of Markets In 2020

    The Virus And The Economy

    Large Fiscal Cliff Looms On The Horizon

    Opening Bell: Futures, Stocks Jump On Positive Earnings Hopes; Dollar Slumps

    Fed Is Trapped In QE As Interest Rates Can’t Rise Again

    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV
No Result
View All Result
  • Home
  • Markets
  • News
    • All
    • Business

    Gold’s Price Action Is Even More Bullish In Other Currencies

    What Trump’s Mask, Toyota Production And OPEC+ Meeting Mean For Markets

    Weekly Outlook: Monetary Policy Decision From BoJ, BoC, ECB

    Risk Appetites Firm, But The Greenback Is Mixed

    The Dual Nature Of Markets In 2020

    The Virus And The Economy

    Large Fiscal Cliff Looms On The Horizon

    Opening Bell: Futures, Stocks Jump On Positive Earnings Hopes; Dollar Slumps

    Fed Is Trapped In QE As Interest Rates Can’t Rise Again

    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV
No Result
View All Result
Trade News Today
No Result
View All Result
Home Personal Finance

CDK quarterly profit falls, forecasts lowered, costs contained

Trade News by Trade News
May 5, 2020
in Personal Finance
0
CDK quarterly profit falls, forecasts lowered, costs contained
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter


The wind-down of CDK Global Inc.’s digital marketing business continued to drag down profit last quarter as the company worked to complete a sale to a private equity-backed marketing agency.

CDK reported Tuesday that it largely dodged a significant financial hit from the novel coronavirus pandemic in its fiscal third quarter, which brought much of the auto industry to a standstill in the last few weeks of March as government leaders worked to contain COVID-19, the respiratory illness caused by the virus.

Yet the company said the impact of the pandemic is the main reason it lowered revenue and earnings forecasts for the rest of the fiscal year, and that CDK has taken several steps to contain costs and preserve liquidity given the uncertainty of how long it will last.

“CDK remains focused on helping our customers adapt to the current challenges of the COVID-19 pandemic, while we continue to enable them to complete their mission-critical operations,” CDK CEO Brian Krzanich said in a…



Source Autonews.com

Tags: CDKcontainedcostsfallsforecastsloweredprofitQuarterly
Trade News

Trade News

The Trade can be bought and sold privately or on stock exchanges, and such transactions are typically heavily regulated by governments to prevent fraud, protect investors, and benefit the larger economy.

  • Trending
  • Comments
  • Latest
‘Car Wars’ study says launches speeding up through 2024

‘Car Wars’ study says launches speeding up through 2024

June 12, 2020
Why Patagonia Tells Customers Its Coats Are Toxic

Why Patagonia Tells Customers Its Coats Are Toxic

April 29, 2020
ENSEK expands into Europe with acquisition of NrgFin

ENSEK expands into Europe with acquisition of NrgFin

August 5, 2020

Gold’s Price Action Is Even More Bullish In Other Currencies

July 14, 2020
oftwominds-Charles Hugh Smith: The Age of Discord

oftwominds-Charles Hugh Smith: The Age of Discord

0

6 Coronavirus Fighting Tips for Your Finances – Winona Daily News

0
Germany reports fourth straight drop in daily rate of new coronavirus infections By Reuters

Germany reports fourth straight drop in daily rate of new coronavirus infections By Reuters

0
What To Know About Premier Protection Services

What To Know About Premier Protection Services

0
oftwominds-Charles Hugh Smith: The Age of Discord

oftwominds-Charles Hugh Smith: The Age of Discord

June 26, 2022
The Global Power Shift Isn’t West to East–It’s Not That Simple

The Global Power Shift Isn’t West to East–It’s Not That Simple

June 24, 2022
Our No-Win “Kobayashi Maru” Economy

Our No-Win “Kobayashi Maru” Economy

June 22, 2022
Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

June 22, 2022

Recent News

oftwominds-Charles Hugh Smith: The Age of Discord

oftwominds-Charles Hugh Smith: The Age of Discord

June 26, 2022
The Global Power Shift Isn’t West to East–It’s Not That Simple

The Global Power Shift Isn’t West to East–It’s Not That Simple

June 24, 2022
Our No-Win “Kobayashi Maru” Economy

Our No-Win “Kobayashi Maru” Economy

June 22, 2022
Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

Former Florida gubernatorial candidate Andrew Gillum indicted on federal charges

June 22, 2022
ADVERTISEMENT




Markets

No Content Available

Companies

No Content Available

Investing

Belgium Will Open Bars and Borders as Virus Infections Fall By Bloomberg
Investing

Belgium Will Open Bars and Borders as Virus Infections Fall By Bloomberg

by Trade News
June 3, 2020
0

© Bloomberg. Bicyclists ride near the Berlaymont building in Brussels, Belgium. Photographer: Olivier Matthys/Bloomberg (Bloomberg) --Belgium will reopen bars...

Read more
Will Americans still travel abroad? Only with cast-iron coronavirus cover By Reuters

Will Americans still travel abroad? Only with cast-iron coronavirus cover By Reuters

June 3, 2020
EU classifies coronavirus as mid-level threat to workers By Reuters

EU classifies coronavirus as mid-level threat to workers By Reuters

June 3, 2020
  • DMCA
  • Privacy Policy

© 2019 NewsinTrade.com

No Result
View All Result
  • Home
  • Markets
  • News
    • Business
    • Companies
    • International
    • Small Business
  • Economy
  • Politics
  • Real Estate
  • Personal Finance
  • Autos
  • Energy
  • Investing
  • Market TV

© 2019 NewsinTrade.com

Current Global Trade News newsintrade.com
We appreciate your interest in contacting us with comments, requests or any thing else. We will never send you Spam email, or give your email information to any one else. This site is SSL secured with 2048 bit SSL encryption.
Send