Want to join the conversation?
$KMX's income from CarMax Auto Finance for FY16 rose 6.7% to $392MM from last year, driven by growth in average managed receivables, partially offset by lower total interest margin percentage and rise in provision for loan losses. Average managed receivables grew 15.7% driven by rise in net loan originations in recent years.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.