Tuesday, 22 Sep 2009 | Source: The Associated Press
Car dealership chain CarMax said Tuesday its fiscal second quarter profit surged on higher sales and a one-time gain related to its auto financing business.
Friday, 19 Jun 2009 | Source: The Associated Press
Auto retailer CarMax said Friday its fiscal first-quarter profit fell 2.7 percent on a double-digit sales drop, a loss in its auto financing arm and charges related to loans, but still beat Wall Street expectations.
In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer.... Read More
The companies that are in the market are much stronger in terms of earnings power, said Bernard Lirola, a Morningstar 5-star-rated fund manager at Needham Growth... Read More
Thursday's economic reports should paint a fairly current picture of the state of manufacturing, housing, and the consumer, all key pillars of the economy... Read More