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CarMax Group News

News on CarMax Group continually updated from thousands of sources around the net.

Thursday Oct 9 | Motley Fool

Stocks to Avoid Now?

If you're thinking of selling your stocks, you're not alone . According to insider tracker Form 4 Oracle, executives at these three firms cashed in shares this week: The week's selling These are open market ...

Comment?

Related Topix: Financial Markets, Infinera, Startups, Semiconductors, RF Micro Devices, Electronics, Chesapeake Energy, Energy, Oil & Gas, Auto Dealers, Retail, Real Estate, General Growth Properties

Wed Oct 08, 2008

MarketWatch

Movers & Shakers: Wednesday's biggest gaining and losing stocks

Shares of the following companies were among those that are expected to make notable moves in the U.S. stock market Wednesday: CarMax is estimated to report a profit of 22 cents a share in the first quarter, ...

Comment?

Related Topix: Financial Markets, Auto Dealers, Retail, U.S. Environmental Protection Agency, Transportation, FedEx, Air Courier, Publishing, Media, Gannett Co, Financial Services, Accounting, H and R Block

Sat Oct 04, 2008

Daily Business Review

Transfer

Palm Beach socialite Elesabeth'Eles' Ingalls Gillet has parted with the house at 159 Via del Lago that her husband's family had owned for more than 70 years, selling the estate to the CarMax chairman William ...

Comment?

Related Topix: Palm Beach, FL, Auto Dealers, Retail, Home Listing, Home, Palm Beach County, FL, Mortgage

Thu Oct 02, 2008

ResearchRecap

Consumer Discretionary Firms Under Increasing Pressure

As discretionary consumer spending gets squeezed, Audit Integrity expects companies in the sector with poor corporate governance characteristics to perform worse than those that are more transparently and ...

Comment?

Related Topix: Corporate Governance, Law, Auto Dealers, Retail, Urban Outfitters, Apparel

South Florida Business Journal

Carmax to cut jobs in S. Fla.

CarMax to cut jobs in S. Fla. South Florida Business Journal CarMax is eliminating 600 associates from its service operations workforce at its locations nationwide, with 35 of those job cuts expected in South ...

Comment?

Related Topix: Auto Dealers, Retail, Florida

Sacramento Bee Newspaper

Credit crunch hits capital region auto dealers

Sacramento-area car dealers said the abysmal September U.S. auto sales figures were no surprise to them, and all local dealerships are tightening their belts and hoping for a loosening of credit.

Comment?

Related Topix: Auto Dealers, Sacramento Metro, Sacramento, CA, Retail, Roseville, CA

Wed Oct 01, 2008

TMCnet

InvestSource, Inc.: Ronn Motor Company Announces the SEMA Debut of...

RDATE:01102008 On Eve of Revolutionary Scorpion Eco-Exotic Intro November 4th in Las Vegas, Texas-Based Innovator Introduces Aftermarket Solution for Drivers Facing Problems at the Pump Stocks in the news: Ronn ...

Comment?

Related Topix: Auto Dealers, Retail, Automakers, Spartan Motors

Mon Sep 29, 2008

Jalopnik

How To Avoid A Flood-Damaged Car [Flood Car]

Given the flooding in the upper Midwest earlier in the year, and the fact that many folks likely chose not to escape recent hurricanes by car , chances are better than ever that you're going to encounter a ...

Comment?

Related Topix: Auto Dealers, Retail, Autos

The Motley Fool

3 Stocks That Blew the Market Away

Why settle for ordinary quarterly reports? Each week, I take a look at three companies that beat market expectations, since I believe that's the biggest factor in a stock beating the market.

Comment?

Related Topix: Auto Dealers, Retail, AutoZone, Auto Parts, Auctions, Copart, Apparel, Nike, Footwear

Sun Sep 28, 2008

Customer Interaction Solutions

Richmond index falls in quarter

Via Acquire Media NewsEdge) Sep. 28--Most local stocks joined the wider markets on a roller-coaster ride of fear and occasional exuberance during the third quarter.

Comment?

Related Topix: Financial Markets, Richmond, VA, Auto Dealers, Retail

Sat Sep 27, 2008

Business Wire

Public relations, press release distribution, investor relations, SEC filing

Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc.

Comment?

Related Topix: Investment Banking, Financial Services, Westbury, NY, Auto Dealers, Retail

Thu Sep 25, 2008

Zacks Analyst Blog

CarMax in Struggling Market

CarMax is the nation's largest retailer of used vehicles. Headquartered in Richmond, Virginia, CarMax, Inc.

Comment?

Related Topix: Richmond Metro, Richmond, VA, Auto Dealers, Retail

Chicago Tribune

Weak sales drive CarMax net down 78%

CarMax Inc. , the nation's biggest used-car dealer, said fiscal second-quarter profit fell 78 percent as a slowing economy and reduced lending by third-party financiers eroded demand.

Comment?

Related Topix: Auto Dealers, Tampa Metro, Retail, AutoZone, Auto Parts

The Auto Channel

CarMax Says Online Searches For SUVs And Trucks Increase

Increased searching for SUVs and trucks at carmax.com indicates consumers are looking for affordable vehicles to best meet their needs.

Comment?

Related Topix: Auto Dealers, Retail, Nissan Titan, Nissan, GMC, GMC Yukon XL

Wed Sep 24, 2008

IndyStar.com

CarMax earnings fall

RICHMOND, Va. Auto retailer CarMax Inc. said Monday its second-quarter earnings plunged 78 percent because of a weak economy, high gasoline prices and losses in its financing arm.

Comment?

Related Topix: Auto Dealers, Retail

Investopedia

CarMax Sees Earnings, Sales And Revenue Crash

Retail is a tough enough business right now, but just imagine trying to run a retail business that relies on third party or in house financing to make a sale.

Comment?

Related Topix: Auto Dealers, Retail

Tue Sep 23, 2008

Austin American-Statesman

Microsoft to issue debt, buy back $40B in stock; GM says it will not air Super Bowl ads

Chaos in the money markets gave Microsoft Corp. an opening Monday to announce that it would take on debt for the first time, launch a $40 billion stock buyback plan and raise its dividend.

Comment?

Related Topix: GMC, Microsoft, Software, Auto Dealers, GMC GM, Retail

WIBW-TV Topeka

CarMax 2Q Earnings Plunge on Weak Vehicle Sales

Auto retailer CarMax Inc. said Monday its second-quarter earnings plunged 78 percent as a weak economy and high gasoline prices hurt its sales.

Comment?

Related Topix: Auto Dealers, Retail

Money Morning

Global Investing Roundups

Circuit City Ousts CEO; Huge MSFT Buyback; McAfee Buys Secure Computing; Buffett's Cash Wins Out; WaMu Downgrade; CarMax Crashes; Krawcheck Out at Citi; Legg Mason Not Going Private Electricite de France SA ...

Comment?

Related Topix: Warren Buffett, Energy, Auto Dealers, Retail, Constellation Energy Group, Legg Mason, Financial Services, Investment Services

Mon Sep 22, 2008

Ticker

AutoZone Earnings Up 12%, CarMax Sales Down 13%

AutoZone, Inc a specialty retailer of automotive replacement parts reported fourth quarter revenues rose 10.4% to $2.2 billion and net income rose 12.2% to $243.7 million or $3.88 a share.

Comment?

Related Topix: Auto Dealers, AutoZone, Auto Parts, Retail

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