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CarMax, Inc. (KMX) Investor Lawsuit Filed, Shares Fall Again Amid Disclosure of Expected Comparable Store Unit Sales Decline -- Hagens Berman
Prnewswire· 2025-11-28 22:55
Core Viewpoint - CarMax, Inc. has faced significant challenges, including the termination of its CEO and a bleak outlook for Q3 2026, leading to a substantial drop in share price and investor losses [1][7]. Financial Performance - CarMax reported a 24% decline in net EPS year-over-year for Q2 2026, with retail used unit sales down 5.4% and comparable store used unit sales down 6.3% [5]. - The company's CarMax Auto Finance (CAF) revenue decreased by 11.02% year-over-year, attributed to a $142 million loan loss provision, marking a nearly 40% sequential increase and a 24% year-over-year rise [6]. Management Changes - The company announced the firing of CEO Bill Nash on November 6, 2025, which coincided with a forecasted decline in comparable store used unit sales of 8% to 12% for Q3 2026 [1][7]. Legal Issues - A securities class action lawsuit is underway, focusing on allegations that CarMax misled investors regarding its business model and growth prospects, particularly in light of its previous assurances of sustained earnings growth [3][4]. - The class period for the lawsuit spans from June 20, 2025, to November 5, 2025, with a lead plaintiff deadline set for January 2, 2026 [2][3].
Global airlines affected major A320 recall by Airbus
Reuters· 2025-11-28 22:53
Europe's Airbus has ordered immediate repairs to 6,000 of its widely used A320 jets in a sweeping recall affecting more than half the global fleet, threatening upheaval during the busiest travel weeke... ...
Is Amneal Stock a Buy After Investment Firm Westshore Wealth Bought Over 1 Million Shares?
The Motley Fool· 2025-11-28 22:49
The pharmaceutical company has experienced sales growth over the past five years.On November 17, 2025, financial services firm Westshore Wealth, LLC disclosed a new position in Amneal Pharmaceuticals (AMRX +0.00%), acquiring 1,381,910 shares valued at approximately $13.83 million.Westshore initiated a stake in Amneal in the third quarter, buying 1,381,910 shares.The transaction accounted for 4.73% of Westshore Wealth's 13F reportable assets under management.Post-trade, Westshore's total stake in Amneal was ...
Follow the leader: Silver's explosive rally reshaping the metals bull market
KITCO· 2025-11-28 22:46
Core Insights - The article discusses the current state of the financial sector, highlighting trends and potential impacts on investment opportunities [4]. Group 1: Financial Sector Overview - The financial sector has been experiencing significant changes, influenced by various economic factors and regulatory developments [4]. - There is a growing emphasis on digital transformation within financial institutions, which is reshaping service delivery and customer engagement [4]. Group 2: Investment Opportunities - Emerging technologies in finance, such as blockchain and AI, are creating new investment avenues and enhancing operational efficiencies [4]. - Companies that adapt to these technological advancements are likely to gain a competitive edge in the market [4].
Novo Nordisk: A Textbook Value Trap
Seeking Alpha· 2025-11-28 22:46
Core Viewpoint - The individual investor adopts a contrarian investment style, focusing on deep value opportunities, particularly in stocks that have recently experienced sell-offs due to non-recurrent events, while also considering insider buying as a positive signal [1] Investment Strategy - The investment portfolio is split approximately 50%-50% between shares and call options, indicating a balanced approach between equity and derivatives [1] - The investor's timeframe for holding positions typically ranges from 3 to 24 months, suggesting a medium-term investment horizon [1] - Fundamental analysis is employed to assess the health of companies, including their leverage and financial ratios compared to sector and industry averages [1] - Technical analysis is utilized to optimize entry and exit points, with a focus on support and resistance levels on weekly charts [1] Stock Selection Criteria - Preference is given to stocks that have undergone a recent sell-off, particularly when there is insider buying at the new lower price, indicating potential recovery [1] - The investor screens through thousands of stocks, primarily in the US, but is open to owning shares in less stable markets, referred to as "banana republics" [1] - Professional background checks are conducted on insiders who purchase shares post-sell-off to ensure credibility and alignment with shareholder interests [1]
Evaluating AVAV Stock's Actual Performance
The Motley Fool· 2025-11-28 22:45
The drone maker's stock has tumbled over the last few months. How badly has it hurt investors?Drone maker AeroVironment (AVAV +0.07%) was one of the first movers in the autonomous aerial vehicle space, and it's still one of the most prominent drone companies around.However, a lot other tech and defense companies are investing heavily in autonomous vehicles, putting AeroVironment's supremacy at risk and sending its share price down 32% from its all-time high. How well has AeroVironment actually performed for ...
Canadians Love GICs: Can They Do Better?
Physician Finance Canada· 2025-11-28 22:30
Editorial Note: Guaranteed Investment Certificates (GICs) are familiar territory for most Canadians. They feel comfortable and safe. Just like the institutions that they are usually purchased from. However, just like other financial advice and products, you should look beneath the surface to understand the true costs. Further, compare that to the alternative options for what you are trying to accomplish. GICs saw a resurgence recently due to their headline interest rates. Many of those GICs are now maturing ...
Forget CVS, Buy This Healthcare Stock Instead
The Motley Fool· 2025-11-28 22:30
Core Viewpoint - Centene (CNC) is currently undervalued despite recent struggles, with potential upside linked to possible extensions of ACA insurance subsidies, which could positively impact its business model [1][4]. Company Overview - Centene is based in St. Louis and manages government-sponsored health insurance programs, including Medicaid, Medicare, and ACA plans [2]. - The current market capitalization of Centene is $19 billion, with a stock price of $39.32 [3]. Recent Performance - Centene's stock price has seen significant volatility, dropping from over $56 per share in July to below $26 in early August due to concerns over subsidy extensions and Medicaid cuts [5][6]. - The stock has rebounded nearly 19% over the past month, aided by better-than-expected earnings and revenue reports [7]. Market Influences - The stock's performance is closely tied to Medicare and Medicaid spending, as well as the status of ACA health plans [8]. - Recent reports suggest that President Trump may propose a two-year extension for ACA insurance subsidies, which could garner Republican support and benefit Centene as the largest provider in ACA marketplaces [4].
Zefiro Methane Strengthens Balance Sheet with Strategic Shares for Debt Settlements
Newsfile· 2025-11-28 22:30
Core Viewpoint - Zefiro Methane Corp. has entered into debt settlement agreements to eliminate approximately $407,855.97 CAD in outstanding debt, which is seen as a strategic move to strengthen its balance sheet and reduce overall debt obligations [1][3]. Debt Settlement Details - The debt settlements will involve issuing a total of 1,127,273 common shares at a deemed price of $0.275 CAD per share and granting 400,000 stock options with an exercise price of $0.40 per share [2]. - A portion of the debt, specifically $97,855.97 CAD, will be forgiven and settled for no value [2]. Company Overview - Zefiro Methane Corp. specializes in methane abatement and aims to be a key player in promoting active sustainability [5]. - The company is focused on creating solutions to clean up air, land, and water sources affected by methane leaks, leveraging its operational expertise [5].
Eric Sprott Announces Changes to His Holdings of Gold Terra Resource Corp.
Newsfile· 2025-11-28 22:28
Eric Sprott Announces Changes to His Holdings of Gold Terra Resource Corp.November 28, 2025 5:28 PM EST | Source: Eric SprottToronto, Ontario--(Newsfile Corp. - November 28, 2025) - Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 20,000,000 Common Shares (Shares) of Gold Terra Resource Corp. at $0.10 per Share for total consideration of $2,000,000. A total of 5,000,000 Shares were purchased through a private placement, and 15,000,000 Sh ...