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Stock Market & Financial Investment News

News Breaks
November 30, 2012
08:39 EDTKMXCarmax December volatility elevated into Q3 and revenue outlook
Carmax December put option implied volatility is at 39, January and April is at 34; compared to its 26-week average of 33 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on December 20.
News For KMX From The Last 14 Days
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August 18, 2014
07:01 EDTKMXSonic Automotive announces pre-owned automotive retail concept
Sonic Automotive announced that EchoPark is the name of its pre-owned vehicle retail store concept. Launching in Denver this fall, EchoPark will offer a revolutionary customer experience while providing guests with a whole new way to search, buy, service and sell their pre-owned vehicles.
06:03 EDTKMXCarMax to get new rival in used cars, WSJ reports
Sonic Automotive (SAH) is expected to today announce the creation of EchoPark stores, a chain of pre-owned vehicle stores that would compete with CarMax (KMX), the Wall Street Journal reports. Reference Link
August 8, 2014
09:01 EDTKMXCarMax appoints Jim Lynski as Chief Marketing Officer
CarMax (KMX) announced the appointment of Jim Lyski as chief marketing officer and SVP. Lyski will begin employment at CarMax immediately. Lyski served as chief marketing officer of The Scotts Miracle-Gro Company (SMG) from 2011 to 2014.

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