Carmax

Here are some of the items that will help shape the week that lies ahead on Wall Street: Consumer electronics retailer Conn's reports; Titanic returns in 3-D; motorsports promoter International Speedway will see profits stall, and used-car seller CarMax checks under the hood.

Why was Netflix appealing for help with lobbying Congress to its alienated users? Why did Carmax report lower-than-expected results when its business model is made for hard times? Why were sick people and dead fish turning up around a JinkoSolar plant in China? And why is HP laying off hundreds of employees if it wants to find a buyer for Palm?

The quarter winds down this week with earnings reports from a handful of companies including Lennar, Family Dollar and Krispy Kreme. And on Friday, investors will zero in on the March unemployment report, which could have the potential to move the market.

Warren Buffett's Berkshire Hathaway has revised its investment portfolio during the third quarter, buying up shares of Bank of New York Mellon while unloading its stake in Home Depot.

CarMax Inc (KMX) reported quarterly earnings of 48 cents per share, up from 46 cents per share a year earlier. Net sales rose 13% to $2.34 billion, from $2.08 billion a year earlier, the company said in a statement. Comparable store used unit sales rose 4%, with total used unit sales rising 5%....

CarMax (KMX) reported Wednesday that profits rose during its fiscal first-quarter on healthy increases in vehicle sales. In the three months ending May 31, CarMax said it earned $101.1 million, or 44 cents a share, compared to $28.7 million, or 13 cents a share, a year ago. Excluding a benefit...

CarMax Inc. (KMX) reported its fiscal first-quarter financial results this morning. The auto retailer's profit fell 2.7 percent on a 17 percent sales drop, but it still beat Wall Street expectations, sending shares soaring over 12 percent shortly after the open. CarMax, which operates 100 used car...