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MarketWatch MarketPulseApr 25, 2018
O'Reilly Automotive stock spikes after earnings, other car-parts retailers also gain
O'Reilly Automotive Inc. shares jumped more than 10% in after-hours trading Wednesday after the company announced an earnings beat, and stocks in other car-parts retailers also rose. O'Reilly reported first-quarter income of $305 million, or $3.61 a share, up from $265 million a year ago. First-quarter sales were $2.28 billion, up from $2.16 billion last year. Analysts on average expected earnings of $3.58 a share on sales of $2.28 billion. O'Reilly also increased its full-year profit projection to a range of $15.30 to $15.40 a share, from a previous forecast of $15.10 to $15.20. Advance Auto Parts Inc. gained more than 5% in after-hours trading following the report, and AutoZone added nearly 4%. O'Reilly stock has struggled in the past year, losing 13.8% as the S&P 500 index has gained 10.3%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Reuters BusinessApr 25, 2018
Qualcomm profit tops estimates on higher modem chip sales
(Reuters) - U.S. chipmaker Qualcomm Inc's quarterly profit and revenue topped Wall Street forecasts, led by higher sales of modem semiconductors used in smartphones and connected cars.

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UPDATE 2-Qualcomm profit tops estimates on higher modem chip sales (Reuters Company News)

USA Today MoneyApr 25, 2018
How much does the average American pay in taxes? It depends
The average American pays $10,489 in "personal taxes." This includes federal and state income taxes, as well as other taxes such as personal property taxes, vehicle taxes, and certain other small taxes. Sales taxes, Social Security and Medicare are not part of that figure.        
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