Sales

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.

Toyota says Brexit may lead to 10% duties on U.K.-built cars

Toyota warned that a withdrawal by the UK from the EU may lead to levies of as much as 10 percent on the cars it builds in Britain. Jaguar Land Rover

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