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$KMX's gross profit per unit for 2Q16 was flat YoverY and CarMax Auto Finance income grew 6.2% to approx. $98MM. During 2Q16, $KMX repurchased 3.9MM shares for about $250MM. Comp unit sales was driven by improved conversions and there was a 12% increase in total web traffic YoverY.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.