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Stock Market & Financial Investment News

News Breaks
February 1, 2013
16:29 EDTKMXCarMax approves $500M extension of share repurchase plan
CarMax announced that its Board of Directors has approved a $500M extension of its existing share repurchase program for the company's outstanding common stock. This extension is in addition to the previously announced $300M repurchase authorization approved by the Board on October 17, 2012. This $500M authorization expires on December 31, 2014.
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

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