Blogs about KMX - Stockpickr! Your Source for Stock Ideas

Blogs about KMX

Blogs	Description	Date Updated
S&P Puts AutoNation on "Credit Watch"	Let's look at this because it really is......well.....odd at best/ First the details:Standard & Poor’s put AutoNation (AN) on credit watch, citing the U.S. economy and falling auto sales. AutoNation ranks No. 1 on the Automotive News list of top 125 U.S. dealership groups selling over 325,000 new vehicles last year.Currently AutoNation has a BBB- investment grade from S&P, one step above a junk. The credit watch status, issued Friday by New York analyst Nancy Messer, reflects "conditions that ...	September 23, 2008
Fast Money Recap	Word On The Street Dylan Ratigan hosted CNBC’s “Fast Money” Monday night. He kicked the show with a discussion of the markets negative action towards the news of the U.S. government’s bailout plan to inject $700 billion into the financial sector. Karen Finerman said there is a lot of concern on Wall Street because nobody knows how the government is going to implement the plan. She says there is a sneaking fear on the street of what happens if it doesn’t work. “Is there anything else ...	September 23, 2008
America's Car-Mart (CRMT): Shares cycle in bullish 'pennant' formation	Filed under: Earnings reports, Analyst upgrades and downgrades, AutoNation Inc (AN), Technical Analysis, Stocks to BuyAmerica's Car-Mart (NASDAQ: CRMT) operates 91 automotive dealerships, located primarily in the smaller urban markets of eight South-Central states. The dealerships focus on selling and providing the financing for basic, affordable cars, trucks and sport utility vehicles. Competitors include AutoNation (NYSE: AN) and CarMax (NYSE: KMX). The company pleased investors late last mon...	July 09, 2008
Earnings highlights: Morgan Stanley, FedEx, Ford, GE, Circuit City and others	Filed under: Earnings reports, General Electric (GE), Ford Motor (F), Archer-Daniels-Midland (ADM), Circuit City Stores (CC), Merrill Lynch (MER), FedEx Corp (FDX), Morgan Stanley (MS), Deere and Co (DE), Lehman Br Holdings (LEH)Here are some highlights from this past week's earnings coverage from BloggingStocks: CarMax Inc. (NYSE: KMX) Q1 profits tumbled despite its aggressive expansion program. Chiquita Brands International Inc. (NYSE: CQB) warned it would miss earnings due to co...	June 21, 2008
CarMax (KMX) profits plunge 55%, shares plunge 16%	Filed under: Earnings reports, Forecasts, Bad news, Competitive strategyCarMax Inc. (NYSE: KMX) is getting squeezed by its own rising cost of borrowing money to finance consumer vehicle purchases, weakening consumer demand spreading across the board, declining customer traffic into sales locations, lower gross profit margins per vehicle, and rapidly accelerating declines in the resale prices of trucks, SUVs and other gas hogs already parked on its lots. All these factors mean that CarMax 1Q FY20...	June 20, 2008
Friday's Upgrades and Downgrades	UPGRADESPopular Inc (BPOP)- B. Riley & Co Neutral » Buy United Comm Banks (UCBI)- Sterne Agee Sell » Hold Landstar System (LSTR)- KeyBanc Capital Mkts Hold » Buy Pike Electric (PEC)- Friedman Billings Mkt Perform » Outperform Silicon Labs (SLAB)- Friedman Billings Mkt Perform » Outperform Energy East (EAS)- Jefferies & Co Underperform » Hold Casella Waste (CWST)- JP Morgan Neutral » Overweight CarMax (KMX)- Wachovia Underperform » Mkt Perform American Intl ...	June 20, 2008
Analyst upgrades: AIG, EAS and BRGYY	Filed under: Analyst reports, Analyst upgrades and downgrades, Amer Intl Group (AIG)MOST NOTEWORTHY: American International Group, Energy East and BG Group Plc were today's noteworthy upgrades: Citigroup upgraded shares of American International Group (NYSE:AIG) to Buy from Hold on valuation as they see limited downside at current levels. They believe the stock is "poised for over 35% upside in the next twelve months" and raised their target price to $42 from $41. Jefferies raised...	June 19, 2008
Recent Lampert Article Gives Insight Into Activity	A recent article by Sears Holdings (SHLD) Chairman Eddie Lampert gives some insight into recent buying activity. The article, entitled "The Best Advice I Ever Got" said:"Almost every weekend when I was 7, 8, 9, 10 years old, my father and I would toss a football in the yard or play basketball in the driveway. When we played football, he'd say, "Go out ten steps. Turn to your right." The ball would reach me just before I turned, and it would hit me right in the chest. Why would my dad do this? H...	May 19, 2008
Earnings highlights: UBS, Best Buy, RIM, Monsanto, Family Dollar and others	Filed under: Earnings reports, Best Buy (BBY), Family Dollar Stores (FDO), Research in Motion (RIMM), Red Hat Inc (RHT)As one quarter rolls over into the next, here are some highlights from this past week's earnings coverage from BloggingStocks: Best Buy Inc. (NYSE: BBY) beat fourth-quarter expectations and offered a positive outlook for fiscal 2009. CarMax Inc. (NYSE: KMX) beat Wall Street earnings estimates for the fourth quarter. Citi Trends Inc. (NASDAQ: CTRN) beat fourth-...	April 05, 2008
Credit crunch hits used car market; CarMax profits drop 48%	Filed under: Earnings reports, Bad news, Competitive strategyThe tightening of access to credit and higher costs associated with financing hit used car seller CarMax Inc. (NYSE: KMX) right in the wallet. The company suffered a huge 48% drop in 4th quarter (4Q) net earnings, the vast majority of which stemmed from growing losses and increasing credit expenses in its auto finance unit. Thus unit posted a $1 million loss in 4Q2008, as compared to a $31.7 million profit in 4Q 2007. CarMax CEO Tom Fo...	April 04, 2008

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