CarMax Earns Down, Shares Rise on Outlook
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CarMax Inc. KMX.N on Friday said  quarterly profit fell 6 percent as new car sales declined, but  a robust used-car sales outlook sent the auto retailer's shares  up 12 percent.
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Shares in Toyota Motor Corp. (7203.T)  erased earlier gains to trade slightly lower on Thursday, a day  after the company lifted its first-half parent net profit  outlook by a third mainly to reflect a weaker-than-expected  yen.
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European equities fell on Tuesday as gains for carmakers and other auto-sector stocks were offset by losses in the oil, mining and utilities sectors.
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NEW YORK - A bullish profit outlook from Ford Motor Co. sent stocks higher Friday as investors looked past a a disappointing report on consumer sentiment and new accounting problems at Qualcomm Inc...
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Ford Motor Co. F.N on Tuesday said  earnings will fall this year due to a drop in profit from its  finance unit, which it expects to be hit by rising interest  rates.
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NEW YORK - A bullish profit outlook from Ford Motor Co. sent stocks higher Friday as investors looked past a disappointing report on consumer sentiment and new accounting problems at Qualcomm Inc...
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Nissan Motor Co. shares opened down 7.3  percent on Monday, knocking $4.1 billion off its market value,  after the carmaker warned before the weekend that it would miss  its original profit forecasts by a wide margin.
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NEW YORK - A bullish profit outlook from Ford Motor Co. sent stocks moderately higher Friday as investors looked past a disappointing report on consumer sentiment and a big rise in oil prices...
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Ford Motor Co. F.N reported a  stronger-than-expected quarterly profit on Tuesday, but losses  widened in its core automotive business and the company's  shares sagged after it said U.S. regulators were looking into  its pension accounting practices.
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Ford Motor Co. reported a stronger-than-expected quarterly profit on Tuesday, but losses widened in its core automotive business and the company&#39;s shares sagged after
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A brokerage firm&#39;s negative outlook for the semiconductor industry pushed down tech shares yesterday, while the broader market was little changed as a jump in jobless claims offset investors&#39; relief over declining oil prices.
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DETROIT: General Motors Corp posted on Thursday disappointing quarterly earnings and cut its 2004 profit forecast due to mounting losses in Europe and slowing growth in China, sending its shares down 5%.
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The automaker predicts better profits in 2005.
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General Motors Corp. GM.N said on  Thursday that it expects earnings this year to fall, due in  part to weaker profits from its financial services arm.
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General Motors Corp.  swung to a profit with its delayed fourth-quarter results on Wednesday but fell short of Wall Street expectations as losses from its former finance unit partly offset gains from improved auto operations and cost cutting.
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A better-than-expected profit outlook from Ford juiced up trading on Wall Street, with gains capped by a lackluster reading on consumer sentiment and a fresh rise in oil prices.
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Tokyo's Nikkei average rose 0.89 percent  by mid-morning on Thursday with carmakers buoyed by a weaker  yen, while banks extended recent gains as investors welcomed  progress in their handling of bad loans.