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CarMax First Quarter Beats Estimates

CarMax First Quarter Beats Estimates

Used vehicle retailer CarMax (KMX) posted better-than-expected results for its fiscal first quarter on Friday, bolstered by strong conversion, a supportive lending environment and a shift in the timing of some of its customer tax refunds. The Richmond, Va.-headquartered company, which has more than 200 stores nationwide, reported revenue of […]

by × June 21, 2019 × 0 comments

Finance Central

Gold Touches Six-Year High

Gold Touches Six-Year High

Gold prices touched a six-year high in the early hours of the morning on Friday as the Federal Reserve’s signal that it is ready to “sustain” the economic expansion pushed US 10-year bond yields below the psychologically important 2% mark. Spot gold (XAU) traded at $1,411.36 per ounce late on […]

by × June 21, 2019 × 0 comments