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ArchiveSolid December Start Could Signal Rally to Close Out 2010 (OVTI, APWR, JOSB, CPRT, HSFT)Posted by Geoff Seiler at 4:49PM on December 1st
Stocks had a strong day after European Central Bank (ECB) president Jean-Claude Trichet indicated the ECB may significantly expand its government bond purchase program. Somewhat ironically, many European leaders were up in arms over the Fed’s quantitative easing program, and…  Europe Worries and Jobless Claims Weigh On Stocks (BBBY, RHT, TXI, CPRT, ASIA)Posted by Geoff Seiler at 4:58PM on September 23rd
A weak euro-zone purchasing managers’ survey index combined with an increase in weekly jobless claims initially sent stocks lower. They were able to crawl back to positive territory, but eventually succumbed to selling pressure late. After breaking out earlier this… CarMax Beat Powers Auto Dealers (KMX, XTO, XOM, AN, CPRT, ABG, SAH, PAG, BRK.A, BRK.B)Posted by Owen Vater at 3:51PM on June 23rd
Used car dealer operator CarMax (KMX) topped analyst estimates with 44 cents in fiscal first-quarter EPS on $2.26 billion in revenue this morning. The stock is soaring by 9% today on the impressive report and Wednesday evening’s announcement that CarMax will… Senate Vote Exempts Auto Dealers From Extra Regulation (LAD, ABG, CPRT, CRMT, AN, SAH, GPI)Posted by Anita Godse at 10:29AM on May 26th
A Senate vote on Monday, which passed 60 to 30, proposes that auto dealers would not fall under the jurisdiction of the new regulatory body for consumer financial protection. More specifically, the loans that auto dealers offer would be exempt… |
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