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Movers roundup: CarMax, Alpharma

By Associated Press
June 18, 2008 | Comments (0)

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Among the stock activity stories for Wednesday, June 18, from AP Financial News:

NEW YORK (AP) _ Shares of CarMax Inc. plummeted Wednesday, after the used car retailer said its first-quarter profit tumbled 55 percent and suspended its previous guidance for the fiscal year.

NEW YORK (AP) _ A Jefferies analyst on Wednesday started coverage of drugmaker Alpharma Inc. with a "Buy" rating Wednesday, saying the stock is an attractive investment in a sector struggling to find direction.

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