Form 8-K LIQUIDITY SERVICES INC For: Dec 01
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Liquidity Service (LQDT) PT, Estimates Lowered at BofA/Merrill Lynch
December 8, 2014 8:47 AM ESTBofA/Merrill Lynch analyst Nat Schindler lowered his price target on Underperform-rated Liquidity Services (NASDAQ: LQDT) to $9.00 (from $11.00) after the company announced it has received a letter of termination for the Walmart contract effective December 8th, 2014.
"Walmart was Liquidity Services largest client after the... More
Liquidity Services (LQDT) Receives Two-Month Contract Extension from U.S. DLA
December 8, 2014 6:59 AM ESTLiquidity Services (Nasdaq: LQDT) announced that the Defense Logistics Agency (DLA) has exercised the remaining two one-month extension options under its Surplus sales contract (Surplus Contract) for the disposition of usable surplus property from the U.S. Department of Defense. Through this unilateral contract... More
Liquidity Services (LQDT) Says Wal-Mart (WMT) Terminated Agreement; Maintains Q1 Guidance
December 8, 2014 6:34 AM ESTLiquidity Services (NASDAQ: LQDT) disclosed after the close Friday that on December 1, 2014, Wal-Mart (NYSE: WMT) provided the Company written notice terminating the Wal-Mart Agreement, effective December 8, 2014. The Termination Notice alleges that the Company failed to comply with certain... More
