Lithia Motors, Inc. (LAD) exceeded analysts’ expectations for third-quarter earnings, driven by strong performance in its retail and aftersales segments. The company also expanded its presence in the Southeast through strategic acquisitions, boosting its annualized revenue from acquisitions to over $5.9 billion. Despite missing revenue expectations, Lithia’s solid earnings and expansionary moves have fueled a positive market reaction, sending its shares up in premarket trading.
The remnants of Tropical Cyclone Helene continue to impact the Southeast, causing heavy rain, severe flooding, and significant travel disruptions. Tennessee, in particular, is facing the brunt of the storm, with mountainous regions already experiencing significant rainfall and widespread flooding. The storm’s impact is being felt across multiple states, with travel disruptions, power outages, and emergency declarations in place. The storm’s impact is expected to last through the weekend.
Hurricane Helene is causing widespread disruption across the Southeast, grounding flights, flooding roads, and leaving millions without power. From Florida to the Carolinas, the storm is causing chaos for travelers and residents alike. This article provides an overview of the impact of the storm and what to expect next.
Meridian Waste, a leading solid waste services company, has expanded its operations in the Southeast with the acquisition of Evergreen Environmental Partners Holdings, LLC (EEP) and ADSI Holdings, LLC (ADSI). This acquisition brings a network of high-quality assets, including a landfill, transfer station, and hauling operations, into Meridian Waste’s portfolio. The company plans to integrate these assets into its existing Southeast footprint, making Meridian Waste a significant player in the Alabama and Mississippi solid waste services industry.
Tropical Storm Debby has caused widespread flooding and emergency declarations across the US Southeast. Four states have declared states of emergency, with Florida issuing a declaration for 61 counties. The storm, which made landfall as a hurricane, has already claimed six lives and is expected to bring historic rainfall totals and potential tornadoes.
