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News Breaks
November 3, 2009
07:24 EDTKMX
theflyonthewall.com: CarMax initiated with a Neutral at UBS
Target $21. :theflyonthewall.com



News For KMX From The Last 14 Days
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February 12, 2012
10:54 EDTKMX
theflyonthewall.com: FBR Fund Advisers favor World Fuel Services, O'Reilly Automotive, Barron's says
The co-managers at FBR Focus Fund (FBRVX) think the market's recent volatility should benefit stock-picking over indexing. They buy high-quality companies with strong management at reasonable prices. The fund, which now oversees $707M, continues to buy only the managers' best ideas, which results in a concentrated portfolio of about 24 stocks; more than 72% of its assets are in 10 positions: ORLY, AMT, MKL, KMX, PENN, BYI, AON, NWSA, GOOG, SSD. Barron's reports that the fund’s two favorites are: World Fuel Services (INT) with its best-in-class balance sheet; and O'Reilly Automotive (ORLY) which has just 5% of a huge market, giving it plenty of room to grow. http://online.barrons.com/article/SB50001424052748703518604577213163331222328.html?mod=BOL_twm_fs :theflyonthewall.com

February 6, 2012
07:12 EDTKMX
theflyonthewall.com: Used car prices expected to rise 1.8% this year, WSJ reports

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February 3, 2012
10:31 EDTKMX
theflyonthewall.com: On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Research in Motion (RIMM) downgraded to Underperform from Hold at Jefferies...Cablevision (CVC) downgraded to Underweight from Neutral at JP Morgan...Edwards Lifesciences (EW) downgraded to Market Perform from Outperform at Wells Fargo...Rofin-Sinar (RSTI) downgraded to Neutral from Overweight at Piper Jaffray...Kforce (KFRC) downgraded to Hold from Buy at Deutsche Bank...Airgas (ARG) downgraded to Neutral from Buy at Goldman...Vertex Pharmaceuticals (VRTX) downgraded to Neutral from Buy at Goldman...Aetna (AET) downgraded to Buy from Conviction Buy at Goldman...Amerigroup (AGP) downgraded to Neutral from Buy at Goldman...ONEOK (OKE) downgraded to Neutral from Buy at Citigroup...Acme Packet (APKT) downgraded to Underperform from Neutral at Mizuho...RadioShack (RSH) downgraded to Equal Weight from Overweight at Morgan Stanley...Brocade (BRCD) downgraded to Market Perform from Outperform at JMP Securities...Merck (MRK) downgraded to Neutral from Buy at Davenport...CarMax (KMX) downgraded to Sector Perform from Outperform at RBC Capital...International Paper (IP) downgraded to Sector Perform from Outperform at RBC Capital...Abercrombie & Fitch (ANF) downgraded to Neutral from Outperform at Macquarie...Rowan Companies (RDC) downgraded to Neutral from Outperform at Macquarie. :theflyonthewall.com
06:43 EDTKMX
theflyonthewall.com: CarMax downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded CarMax believes the lack of late model vehicles at a reasonable prices has put the company at a competitive disadvantage, reducing earnings visibility. Price target lowered to $34 from $36. :theflyonthewall.com