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Zebra Technologies Sees Q4 Adj. Earnings Above Estimates – Quick Facts

Trump makes Election Day appearance on 'Fox & Friends'

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President Trump is appearing on "Fox & Friends" Tuesday morning to address viewers in a final push as Americans go to the polls on Election Day.

The president is expected live in the 7 a.m. ET hour. Meanwhile, Trump's Democratic opponent, former Vice President Joe Biden, is making last-minute appearances in the battleground state of Pennsylvania on Tuesday.

Trump has tirelessly campaigned in the final stretch leading up to November 3, having held multiple rallies in the same day.

This year is expected to see a record turnout of voters, as nearly 100 million people have already cast their ballots early. Still, it is entirely possible that the country will not have a result when polls close Tuesday night, as several key battleground states are allowing mailed ballots to be counted as they continue to be delivered over the next several days.

Trump has expressed frustration over this, and has repeatedly claimed that Americans should be able to know the result of their election on Election Day. It had been reported that if he holds a clear lead based on Tuesday night's returns, he would declare victory, but he refuted that, stating that it was a "false report."

This story is developing. Check back for updates.

Emerson Guides FY20 In Line With Estimates – Quick Facts

While reporting financial results for the fourth quarter on Tuesday, Emerson Electric Co. (EMR) initiated its earnings and sales growth guidance for the full-year 2021, in line with analysts’ expectations.

For fiscal 2020, the company now projects earnings in a range of $3.06 to $3.16 per share and adjusted earnings in a range of $3.40 to $3.50 per share on a sales growth of 1 to 4 percent and underlying sales change between a decline of 1 percent and a growth of 2 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.42 per share on sales growth of 1.7 percent to $16.97 billion for the year. Analysts’ estimates typically exclude special items.

The company indicated that it plans to announce a 2 cent increase in dividend for fiscal 2021, after the Board of Directors meeting later in the day. It also intends to resume share repurchases in fiscal year 2021 in the amount of $500 million to $1 billion.

When Will We Know the Election Results?

We don’t have a crystal ball. But here’s what we know about timing for election night.

By The New York Times

When is the president inaugurated?

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While Election Day changes dates based on the first Monday of the month, the presidential inauguration occurs on the same day every four years: Jan. 20.     

The ceremony is performed on the steps of the U.S. Capitol building. Since 1937, the ceremony has taken place at noon EST.

The recitation of the presidential oath of office is the only necessary part of the ceremony, as stated in the U.S. Constitution.

If the inauguration day would fall on a Sunday, the president will still be privately sworn in on Jan 20, but a public ceremony will be held the next day.

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In 2021, the inauguration will fall on a Wednesday.

Brexit talks 'stuck' on fisheries, no agreement on two other issues: EU, British sources

BRUSSELS/LONDON (REUTERS) – British and European Union trade negotiations have so far failed to agree on their three most persistent disagreements – the so-called level playing field, fisheries and settling disputes – sources from both sides told Reuters on Tuesday (Nov 3).

The impasse comes after nearly two weeks of intensified talks to salvage free trade between the 27-nation European Union and Britain from 2021. The negotiations now are in a final stretch to seal a new trade agreement by Nov 15.

It’s Election Day. Here Goes Nothing.

By Giovanni Russonello

Zebra Technologies Sees Q4 Adj. Earnings Above Estimates – Quick Facts

While reporting its financial results for the third quarter on Tuesday, Zebra Technologies Corp. (ZBRA) said it expects fourth-quarter adjusted earnings in a range of $3.70 to $3.90 per share, and adjusted net sales to increase 3 percent to 7 percent from the year-ago quarter.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.28 per share for the quarter on a 2.7 percent decrease in sales to $1.16 billion. Analysts’ estimates typically exclude special items.

Based on its fourth-quarter outlook, the company continues to expect fiscal 2020 adjusted net sales and adjusted EBITDA margin to be lower than last year. The Street expects the company to report earnings of $11.18 per share for the year on a 5.5 percent decrease in sales to $4.24 billion.

Zebra Technologies said it has substantially completed its initiative to diversify the sourcing of its U.S. volumes out of China. In 2020, the company expects these actions to result in one-time pre-tax charges of up to $20 million, plus up to $10 million of capital expenditures.