CarMax quarterly earnings slide 3.6% despite revenue gain

UPDATED: 6/21/16 4:16 pm ET - adds stock close

CarMax's latest quarterly earnings slid 3.6 percent, dragged down by expenses related to store openings, share-based compensation and hail damage to vehicles at the company's stores in Texas.

Small-car prices sink at resale

After years of new-vehicle lease growth, a surge in the flow of off-lease vehicles has started. It's already depressing prices of small cars -- used

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