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Carmax Inc

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  • Hasbro and Xerox are big market movers Friday, 19 Dec 2014 | 4:51 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Teekay Tankers Ltd., down 70 cents to $4.70. The business services provider is selling its information technology outsourcing division to France's Atos for $1.05 billion.

  • US stocks edge higher after a big two-day rally Friday, 19 Dec 2014 | 4:11 PM ET

    CarMax jumped 11 percent after the used car dealership chain reported a surge in earnings. Nike fell 2 percent after reporting a drop in orders from Japan and developing markets in Asia. Crude oil surged $2.36 to $56.52 a barrel in New York.

  • US stocks inch higher after a big two-day rally Friday, 19 Dec 2014 | 11:51 AM ET

    CarMax jumped 10 percent after the used car dealership chain reported a surge in its latest quarterly earnings. Nike fell 4 percent after a drop in orders from Japan and developing markets in Asia overshadowed a strong quarter. The price of crude oil rose $1.80 to $56.16 a barrel in New York.

  • US stocks open mostly higher after a two-day rally Friday, 19 Dec 2014 | 9:38 AM ET

    NEW YORK— Stocks are opening mostly higher in the U.S. as the market comes off a massive two-day rally. CarMax jumped 8 percent in early trading after the used car dealership chain reported a surge in its latest quarterly earnings. The price of crude oil rose $1.65 to $55.99 a barrel in New York.

  • Dec 19- CarMax Inc, the largest U.S. used-car seller, reported a 16 percent rise in quarterly revenue as easier availability of credit helped it sell more pre-owned vehicles at higher prices. CarMax said its used vehicle sales rose 17 percent in the third quarter ended Nov. 30, accounting for more than three-quarters of the company's total revenue.

  • Dec 19- CarMax Inc, the largest used-car seller in the United States, reported a 16 percent rise in quarterly revenue as easier availability of credit boosted car sales. Net income rose to $130 million, or 60 cents per share, from $106.5 million, or 47 cents per share, a year earlier. CarMax, which also sells new cars, said its used car sales rose 14 percent to 139,158 units.

  • Used car dealer CarMax 3Q profit up 22 pct Friday, 19 Dec 2014 | 7:45 AM ET

    RICHMOND, Va.— CarMax reported a 22 percent jump in third-quarter earnings Friday as the used car dealership chain sold more cars and expanded its footprint across the U.S. CarMax Inc., which runs more than 140 stores that mainly sell used cars and trucks, said revenue increased about 16 percent to $3.41 billion. CarMax opened four stores during the quarter,...

  • US stocks inch higher after a big two-day rally Friday, 19 Dec 2014 | 12:07 AM ET

    Benchmark U.S. crude bounced up from recent lows, climbing $2.36 to settle at $56.52 a barrel in New York, as traders bet that a 6- month plunge in prices had gone too far. Nike's stock dropped $2.24, or 2 percent, to $94.84. The maker of athletic apparel posted results that beat Wall Street's forecasts late Thursday, but a drop in orders from Japan and developing...

  • Cramer: These could be hidden market opportunities Friday, 12 Dec 2014 | 6:13 PM ET

    With low oil prices causing fear in investors, Jim Cramer spells out the opportunities that could be hidden in the market next week.

  • These 5 chains get a boost from lower gas prices Friday, 5 Dec 2014 | 1:17 PM ET
    Pedestrians pass a Restoration Hardware store in New York.

    An analysis shows that many retailers actually see sales decline when oil prices fall. That may not be the case this time around.

  • Midday movers: Allergan, CarMax, CBS & more Monday, 17 Nov 2014 | 1:03 PM ET

    Some of Monday's midday movers:

  • Early movers: GM, CAT, CMCSA, MMM, LUV, T & more Thursday, 23 Oct 2014 | 8:27 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • EPS $1.30- $1.32 vs prior forecast $1.36- $1.38. *Shares of rivals AutoNation, Penske, others also fall. Shares of rivals AutoNation Inc fell 5 percent, also erasing its gains this year.

  • Here are buying opportunities in small caps: Pro Wednesday, 24 Sep 2014 | 7:00 AM ET
    Traders on the floor of the New York Stock Exchange.

    The Russell 2000 hit the death cross on Monday, but one market pro said there are still opportunities to be found in small-cap stocks.

  • Cramer Remix: 2 stocks to buy and an energy play Tuesday, 23 Sep 2014 | 7:03 PM ET

    Given negatives in the market, it only makes sense to revisit investments. Should you stay the course?

  • After-hours buzz: Starbucks, BBBY & more Tuesday, 23 Sep 2014 | 5:36 PM ET

    Check out which companies are making headlines after the bell Tuesday:Bed Bath & Beyond, Viacom, Starbucks & more.

  • NEW YORK, Sept 23- U.S. stocks fell on Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.

  • NEW YORK, Sept 23- U.S. stocks were modestly lower on Tuesday, with the S&P 500 on track for its third straight daily decline as investors digested signs of slowing global growth. Wall Street's losses tracked Europe, which was down after data showed a contraction in French business activity and slower growth in German manufacturing this month.

  • Midday movers: AbbVie, Burger King, CarMax & more Tuesday, 23 Sep 2014 | 12:49 PM ET

    Some of Tuesday's midday movers:

  • The United States and Arab allies bombed Syria for the first time on Tuesday, killing scores of Islamic State fighters and members of a separate al Qaeda- linked group, opening a new front against militants by joining Syria's three-year-old civil war. AbbVie has agreed to a deal to acquire Shire, which fell 1.9 percent to $251.38 in New York.