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Stock Market & Financial Investment News

News Breaks
August 18, 2014
06:03 EDTSAH, KMXCarMax 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
News For SAH;KMX From The Last 14 Days
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October 23, 2014
11:54 EDTKMXCarMax management to meet with Wedbush
Field trip to company headquarters in Richmond, VA will be held on October 30 hosted by Wedbush.
October 22, 2014
18:34 EDTKMXOn The Fly: After Hours Movers
UP AFTER EARNINGS: Select Comfort (SCSS), up 13.1% after reporting third quarter results and increasing share repurchase authorization to $250M... Infinera (INFN), up 9.8%... Tractor Supply (TSCO), up 11.8%... Acacia Research (ACTG), up 7.7%... Marketo (MKTO), up 4.5%... O'Reilly Automotive (ORLY), up 3.9%... Fortinet (FTNT), up 1.5%... Mellanox (MLNX), up 2.9%... ServiceNow (NOW), up just under 1%. ALSO HIGHER: CarMax (KMX), up 1% after announcing a $2B increase to its share repurchase program. DOWN AFTER EARNINGS: Air Methods (AIRM), down 19.8% following preliminary third quarter results... Yelp (YELP), down 13.6%... Core Laboratories (CLB), down 7.9%... Varian Medical (VAR), down 4.9% after reporting fourth quarter results... Open Text (OTEX), down 3.9%... Citrix (CTXS), down 5.7%... Cheesecake Factory (CAKE), down 4.5%... Allied World (AWH), down 4.7%... Lam Research (LRCX), down 3.3%... Skechers (SKX), down just under 1% after reporting third quarter results above analyst estimates... AT&T (T), down 1.5%. ALSO LOWER: DIRECTV (DTV), down just under 1% following AT&T third quarter results... Alcobra (ADHD), down 16% following results of MDX study... WidePoint (WYY), down 8.1% after filing an automatic common stock shelf... New Mountain Finance (NMFC), down 4.4% after filing to sell 5M shares of common stock.
16:46 EDTKMXCarMax raises share repurchase authorization by $2B
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October 21, 2014
11:36 EDTSAHSonic Automotive lowers FY14 EPS view to $1.90-$1.95, consensus $1.92
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07:32 EDTSAHSonic Automotive reports Q3 EPS 47c, consensus 48c
Reports Q3 revenue $2.36B, consensus $2.37B.
October 13, 2014
11:55 EDTSAHLithia Motors sinks after cutting profit forecasts
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