CarMax profit up 44 percent, boosts outlook
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CarMax Inc. , the largest U.S.  retailer of used cars, on Wednesday posted a 44 percent  increase in quarterly profit and boosted its full-year profit  outlook.
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Honda Motor Co (7267.T) posted a much  stronger-than-expected 38 percent rise in quarterly profit on  Wednesday, helped by sharp growth in overseas car sales, and  lifted its annual earnings forecasts as it reined in spending.
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CarMax Inc , the No. 1 used-car retailer in the United States, posted higher quarterly earnings and sales on Wednesday, but cut its full-year outlook due to the tough automotive retail market, sending its shares down more than 12 percent.
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CarMax Inc , the largest U.S.  retailer of used cars, on Wednesday posted a lower quarterly  profit and cut its outlook for the year, hurt by increased  funding costs related to its auto finance unit.
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Auto retailer reports that profit fell 6 percent in the third quarter as sales of new cars declined. DETROIT  - Auto retailer CarMax Inc.
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Ford Motor Co. F.N on Friday raised  its third-quarter and 2004 profit forecasts because of strength  in its financial services business and cost improvements in its  car operations.
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Bank of America Corp. BAC.N, the No.  3 U.S. bank, on Tuesday said fourth-quarter profit rose 41  percent, helped by growth in consumer banking fees and its  purchase of FleetBoston Financial Corp.
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HUNTINGDON VALLEY, Pa. (Dow Jones/AP) -- Toll Brothers Inc. Wednesday said profit for its latest quarter surged 56 percent as demand for new luxury homes remained strong.
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Ford Motor Co. on Friday raised its  third-quarter and 2004 profit forecasts because of strength in  its financial services business and cost improvements in its  car operations.
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OfficeMax Inc  posted a  better-than-expected quarterly profit on Tuesday, helped by  lower expenses and improved margins.
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OfficeMax Inc. , the nation's No. 3 office supply retailer, posted better-than-expected quarterly earnings on Thursday, reversing a year-earlier loss, as both its contract and retail businesses improved.
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Ford Motor Co. F.N on Tuesday  reported a higher-than-expected quarterly profit as strength in  its finance arm once again offset a loss in its automotive  business.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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The toymaker, which has avoided the recalls that plagued many of its competitors, said its fourth-quarter profit rose 24 percent on a 16 percent increase in sales.
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German premium carmaker BMW said on  Wednesday its revenues rose 6.8 percent last year and confirmed  it would report record earnings.
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Hyundai Motor Co (005380.KS), South  Korea's top auto maker, posted a better-than-expected 45  percent rise in quarterly profit Thursday, helped by higher  productivity due to better union relations and improved  domestic sales.
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MIAMIâCarnival Corp.&#39;s fiscal third-quarter profit increased 40 per cent as higher ticket prices spurred strong revenue growth.