News: Carmax Inc (KMX)

KMX on New York Consolidated

51.26USD
22 Aug 2014
Price Change (% chg)

$0.18 (+0.35%)
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Tue, Aug 12 2014

Stewart's lethal accident could cause NASCAR sponsors to rethink deals

WASHINGTON, Aug 12 - NASCAR driver Tony Stewart's involvement in a fatal on-track accident over the weekend may wave a caution flag for the big-money corporate sponsors backing the three-time champion's team, industry analysts said.

Consumer groups seek FTC probe on CarMax for "deceptive" ads - NYT

June 24 - Used-car retailer CarMax Inc's advertisements promising its vehicles undergo quality checks are deceptive as it does not fix cars recalled by automakers before reselling them, 11 consumer groups said in a petition to the U.S. Federal Trade Commission, the New York Times reported.

DIARY-U.S. MEETINGS/WEEK AHEAD

THOMSON REUTERS, June 23,2014 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - Weekly S&P 500 Earnings - Day Ahead Non S&P 500 - Weekly Non S&P 500 - Day Ahead ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day S&P 500 Earnings - Monthly Meetings - Day Ahead Economic Indicators Dividends Daily earnings hits & misses Federal Res

US STOCKS-Dow, S&P 500 end at record highs; S&P up for 6th day

* Dow, S&P 500 and Nasdaq up 0.2 pct (Updates with Dow approaching 17,000 level)

US STOCKS-Dow, S&P 500 end at record highs; S&P up for 6th day

* Dow, S&P 500 and Nasdaq up 0.2 pct (Updates to close)

US STOCKS-Dow, S&P 500 hit new highs; S&P set for six-day rally

* Dow up 0.1 pct; S&P 500 up 0.1 pct; Nasdaq flat (Updates to afternoon)

US STOCKS-Wall St rises modestly, poised for six-day rally

* Indexes up: Dow 0.24 pct, S&P 0.2 pct, Nasdaq 0.13 pct (Updates to open, adds comment)

US STOCKS-Wall St to open modestly higher; on pace for 6-day run

* Futures up: Dow 25 pts, S&P 3.75 pts, Nasdaq 4.75 pts (Updates prices)

CarMax results take hit from cautious subprime lenders

- 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.

UPDATE 2-CarMax results take hit from cautious subprime lenders

* Fourth-quarter earnings/share $0.44 vs $0.46 a year earlier

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