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UPDATE 1-CarMax revenue jumps as easier credit boosts used car sales

2014-12-19 23:37:36| Auto Dealers - Topix.net

CarMax Inc, the largest U.S. used-car seller, reported a 16 percent rise in quarterly revenue as easier availability of credit helped it sell more pre-owned vehicles at higher prices. U.S. auto loan originations in the third quarter hit the highest level since 2005, according to a survey published by the Federal Reserve Bank of New York in November.

Tags: sales car credit update

Stock Futures Lean Higher; FedEx Slips, MercadoLibre Jumps

2014-12-17 15:39:29| Air Courier - Topix.net

Stock futures mulled in positive territory ahead of Wednesday's open, with investors tuned to this afternoon's policy announcement due from the Federal Reserve. Dow futures were 88.1 points above fair market value and steady.

Tags: stock higher futures lean

FDNY: 6 injured when car jumps curb in Manhattan

2014-12-11 08:32:20| Apparel - Topix.net

It happened at about 10 p.m. Wednesday on West 34th Street between Fifth and Sixth avenues in the Herald Square shopping district in front of Forever 21, a retail clothing and accessories store. A fire department spokesman says the injured have been taken to Bellevue hospital with serious but non-life-threatening injuries.

Tags: car manhattan injured curb

Ulock jumps into the wireless bike lock marketplace

2014-12-11 07:02:28| Wireless - Topix.net

Over the past couple of years, we've heard about two different bicycle U-locks - the Skylock and the BitLock - that can be unlocked via the user's smartphone. Both were the subject of successful crowd-funding campaigns, and both are now available for pre-order.

Tags: wireless marketplace lock bike