Copart (NASDAQ:CPRT) reported quarterly earnings of $0.51 per share which missed the analyst consensus estimate of $0.56 by 8.93 percent. This is a 52.34 percent decrease over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $893.37 million which missed the analyst consensus estimate of $898.80 million by 0.60 percent. This is a 10.27 percent increase over sales of $810.13 million the same period last year.
Credit Suisse Gets A Lifeline
Credit Suisse (NYSE: CS) is borrowing $54 billion from the Swiss National Bank to help shore up liquidity.
Big week for bank bailouts!
