CarMax reports a 12% increase in third-quarter profit, primarily on the back of big jumps in the number of used vehicles sold and in auto finance income.
Private-equity firm to buy apparel maker for $2.2 billion, including debt. Jones shareholders to get $15 a share in cash.
Finish Line swung to a fiscal third-quarter profit that easily beat expectations, as the athletic-gear retailer posted strong same-store sales growth.
Walgreen Co. reported a jump in first quarter profit to $695 million from $413 million.
Darden plans to separate its struggling Red Lobster chain from the rest of its business, but the move failed to satisfy an activist investor that has been pushing a broader breakup of the restaurant conglomerate.
At least half a dozen banks are working on proposals for financing a bid by Sprint Corp. for T-Mobile US Inc., people familiar with the matter said.
FedEx disclosed that it had deferred by two years options to buy 11 more Boeing 777 freighter jets. It also said it would buy two more Boeing 767 freighters.
Aldi plans to open 50% more stores in the U.S. over the next five years, seeking to become the country's biggest discount supermarket chain by store count.
The last major initial public offering of 2013 closed its books this week, ending a long-awaited banner year for IPOs.
Gold slid to the lowest price in three years after the Federal Reserve said it would cut back on the easy-money policies deployed to steady the U.S. economy.