Automotive Retail

Shares of AutoNation, Inc. (NYSE: AN) are higher on the session by 0.19%, currently trading at $36.49. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago...

Monro Muffler Brake (NASDAQ: MNRO) and O'Reilly Automotive (NASDAQ: ORLY) reached new 52-week highs of $36.77 and $65.11 per share, respectively, in yesterday's trading session. Monro Muffler Brake recently completed its acquisition of Vespia Tire Centers, and in May reported record quarterly and...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session: 1) CIGNA (NYSE: CI): Shares of CIGNA hit a 52-week high of $51.16 in Tuesday's...

The Pep Boys – Manny, Moe & Jack (NYSE: PBY) today announced that it has acquired seven stores previously operated by My Mechanic, a trusted full-service automotive repair chain in the Houston area since 1989. All seven locations will offer Pep Boys' full range of quality automotive...

BGB Securities raised its CarMax (NYSE: KMX) price target to $37 in a research report published today. BGB Securities has previously given CarMax a Buy rating. In the report, BGB Securities states, "Adj. EPS was $0.52 in 1Q12, up from $0.41 in 1Q11, and beating our $0.48 estimate. Revenues grew 18...

Goldman Sachs is out with its report today on CarMax (NYSE: KMX), raising its PT from $34 to $36. In a note to clients, Goldman Sachs writes, "We lift our 12-month price target to $36 from $34, on our higher estimates and the mark-to market of the relative portion of our price target methodology (...

Goldman Sachs has raised the price target on CarMax (NYSE: KMX) from $34 to $36 and maintains its Neutral rating.

CNBC Fast Money's Guy Adami said that CarMax, Inc (NYSE: KMX) had a monster quarter. He explained that KMX will probably have one more day on the upside, but then it will fade around $34. CarMax, Inc (KMX) spiked 7.01% on Wednesday, and it closed at $32.66. Adobe Systems Incorporated (NASDAQ: ADBE...

The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...

Shares of CarMax Inc (NYSE: KMX) gained about 7% after the company posted better-than-expected first-quarter results. CarMax reported its quarterly net income at $126.3 million, or $0.55 per share, up from $101.1 million, or $0.44 per share, in the year-ago period. Its revenue surged 18.5% to $2.68...

Tower Bancorp Inc (NASDAQ: TOBC) shares rose 2.20% to create a new 52-week high of $27.39. Susquehanna Bancshares Inc (NASDAQ: SUSQ) agreed to buy Tower Bancorp for $343 million in cash and stock, O'Reilly Automotive Inc (NASDAQ: ORLY) shares gained 0.50% to create a new 52-week high of $64.07....

At 10:10 am, the Dow fell 0.14% to 12,173.47, the broader Standard & Poor's 500 index moved down 0.02% to 1,295.20 and the NASDAQ composite index dropped 0.14% to 2,683.38. The industries that are still afloat in the market today are: Auto Dealerships: This industry jumped 2.27% by 10:10 am....

CarMax Inc (NYSE: KMX) posted better-than-expected first-quarter results on Wednesday. CarMax reported its quarterly net income at $126.3 million, or $0.55 per share, up from $101.1 million, or $0.44 per share, in the year-ago period. Read more here.

CarMax, Inc (NYSE: KMX) reported sharply higher earnings this morning, and shares are driving home gains this morning, rising more than 8% in pre-market. The company, which is the country's largest used-car dealer reported earnings of 55 cents per share on $2.68 billion in revenues. This is...

CarMax Inc (NYSE: KMX) posted better-than-expected first-quarter results on Wednesday. CarMax reported its quarterly net income at $126.3 million, or $0.55 per share, up from $101.1 million, or $0.44 per share, in the year-ago period. Its revenue surged 18.5% to $2.68 billion. CarMax's used...