Liquidity Service (LQDT) PT, Estimates Lowered at BofA/Merrill Lynch

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Liquidity Services (LQDT) Says Wal-Mart (WMT) Terminated Agreement; Maintains Q1 Guidance

December 8, 2014 6:34 AM EST

Liquidity 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