Carmax Inc


  • How the Dow Jones industrial average fared Monday Monday, 7 Apr 2014 | 5:56 PM ET

    The stock market logged its longest losing streak since January, as the sell-off that began last week continued. Companies that sell goods and services that are not essential for shoppers led declines on Monday. CarMax slumped after the used car dealer posted earnings late Friday and Mattel dropped on concerns about the outlook for the toymaker's sales.

  • S&P 500 posts longest losing streak since January Monday, 7 Apr 2014 | 4:25 PM ET

    NEW YORK— U.S. stocks are sagging at the close, pushing the broader market to its longest losing streak since January. Fashion accessory company Fossil Group and used car retailer CarMax slid 4 percent. CarMax reported disappointing results Friday.

  • Stocks slump, extending decline from last week Monday, 7 Apr 2014 | 8:59 AM ET

    NEW YORK— For investors, a volatile stock market passed a worrisome milestone on Monday. CarMax slumped after the used car dealer reported lower net income, and Mattel dropped on concerns about demand for big-name toys. "The markets are struggling to choose a direction," said Joe Tanious, a global market strategist for JPMorgan Funds.

  • April 4- CarMax Inc, the largest used-car seller in the United States, reported lower-than-expected quarterly results, weighed down by tepid sales to subprime customers, indicating that the credit-fueled growth of recent quarters was slowing down.

  • *Mylan up on report of Meda AB buy. *Boeing considers Mercury Systems acquisition. Biogen Idec Inc fell 4.3 percent to $288.98.

  • *Mylan up on report of Meda AB buy. *Boeing considers Mercury Systems acquisition. "Overall, people are taking this as a sign there isn't some sort of underlying weakness in the economy," said Kate Warne, investment strategist at Edward Jones in St. Louis.

  • April 4- CarMax Inc, the largest retailer of used cars in the United States, reported a higher quarterly revenue and said it had increased its share buyback program by $1 billion. CarMax, which also sells new cars, said used car sales rose 12 percent to 132,856 in the fourth quarter ended Feb. 28.

  • April 4- CarMax Inc, the largest retailer of used cars in the United States, reported a 9 percent jump in quarterly revenue as easier availability of credit helped more Americans buy cars. CarMax's net income fell to $99.2 million, or 44 cents per share, in the quarter, from $107.2 million, or 46 cents per share, a year earlier.

  • Game plan: Forthcoming catalyst unnerves Cramer Friday, 28 Mar 2014 | 6:01 PM ET

    Catalysts in the week ahead have the potential to take down the market in a serious way. Really

  • Dec 20- CarMax Inc said it could start lending to borrowers with weak credit records as it seeks to cut its reliance on third-party subprime car loan providers that are tightening their lending norms. CarMax already has a financing arm that lends to customers with healthy credit records.

  • CarMax's profit misses estimates, shares fall Friday, 20 Dec 2013 | 10:26 AM ET

    Dec 20- CarMax Inc, the largest used-car retailer in the United States, reported a lower-than-expected quarterly profit and said car loan providers tightened credit terms late in the quarter. CarMax shares fell more than 9 percent in early trading.

  • U.S. stock index futures ticked higher on Friday, with the Dow continuing to break records.

  • Early movers: RHT, CCL, KMX, WAG & more Friday, 20 Dec 2013 | 8:12 AM ET

    Companies are making headlines before the bell Friday:

  • Why Fed could rock market no matter what it does Friday, 13 Dec 2013 | 6:31 PM ET
    Traders on the floor of the New York Stock Exchange

    Traders are widely divided on what the Fed will do next week, which raises the odds for a volatile market reaction.

  • Top stock picker likes these 2 retailers because ... Thursday, 26 Sep 2013 | 7:18 AM ET

    The American consumer remains "pretty strong" and that's why Saira Malik—head of global equity research for TIAA-CREF—said she favors two retailers.

  • Cramer: 12 reasons market remains afloat Tuesday, 24 Sep 2013 | 6:01 PM ET

    Despite massive headwinds the market remains within a stone's throw of its all-time high. How's that possible?

  • Showdown at DC corral only a short-term fix Tuesday, 24 Sep 2013 | 9:45 AM ET
    Sens. Mitch McConnell and Harry Reid

    The odds of a government shutdown over a spending bill appear to be falling. But the annoying part is the deal may only keep the government funded through November.

  • Squawking with Wall St.'s big brains about Fed Friday, 20 Sep 2013 | 4:44 AM ET

    "Talking Squawk" looks at what the smartest investors, including Stanley Druckenmiller, Warren Buffett and David Tepper, think about the nontaper.

  • Your first trade for Friday Thursday, 8 Aug 2013 | 1:42 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Futures Higher After Two-Day Market Selloff Friday, 21 Jun 2013 | 9:20 AM ET

    U.S. stock index futures were higher Friday, as global shares bounced back after two-straight days of heavy market selloff.

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