Shares of auto retailer CarMax (KMX) are trading sharply lower today following this morning's fourth quarter earnings report. As we noted yesterday in our CarMax earnings preview, analysts were expecting to see the company post fourth quarter earnings this morning of $0.38 per share. Earnings were higher than expected, at $).39 per share, marking the 9th straight quarter of analyst beating earnings for the company. During the same period last year CarMax ...

Auto retail giant Carmax (KMX) will be reporting its fourth quarter earnings Thursday before the market opens. Going into tomorrow's earnings report, analysts are expecting to see Carmax report earnings of $0.38 per share. During the same period last year the company had earnings of $0.33. Carmax has a strong history of posting better than expected earnings... easily surpassing analyst estimates for each of its past 8 quarters. Over the past month the ...

It's a positive day for the overall market, and several big name stocks are riding the positivity to hit new 52 week highs in today's session. Here are a few stocks that have traded up to new 52 week highs: Frontier Oil Corporation (FTO) : The stock hit a new 52 week high today of $29.47, and is currently trading up 3.2% to $29.47, up $0.91. Oil prices are up $0.65 ...

Shares of Apollo Group (APOL) are off sharply in premarket trading after the company reported that it had swung to a loss during its fiscal second quarter. Going into this morning's earnings report, analysts had been expecting to see Apollo Group report earnings of $0.69 for its fiscal second quarter. Adjusted earnings were higher than estimates at $0.84 per share, but actual results showed a loss of $0.45 per share. The primary ...

The market is poised for another positive day as investors react to revised GDP numbers which show that the economy grew faster than previously thought at the end of last year. According to the Commerce Department, the economy grew at 3.1% during the fourth quarter, which is higher than analysts had been expecting to see. Going into today's report analysts had been expecting to see revised GDP output of 3.0%. Last month ...

JMFSP62GSPYJ Video game retailer GameStop (GME) is trading sharply higher today after the company posted strong numbers for its fourth quarter. GameStop had a very respectable 10% jump in sales, spurred by strong demand for hit titles such as Activision (ATVI)'s Call of Duty Black Ops. Going into this morning's earnings report, analysts had been expecting to see GameStop post earnings of $1.55 per share, but actual earnings came in slightly higher at ...

It was a positive day for the stock market, and despite global turmoil the overall markets all managed to post gains on the day. The DOW closed the session up 0.56%, the NASDAQ was up 0.54% and the S&P closed the day up 0.3%. Along with an overall up market, we also saw a couple big name stocks hit new 52 week highs during the day. Here are a couple of notable ...