Sept 26 (Reuters) - Used car retailer CarMax ( KMX ) beat Wall Street estimates for second-quarter revenue on Thursday as price cuts on used vehicles boosted unit sales, especially in the retail segment, sending its shares up 6.4% in afternoon trading. Pre-owned vehicle retailers have had a bumpy ride, with profitability worsening as availability of new vehicles improved after...

* FTC cracks down on oil megamergers, taking aim at top executives * Chevron-Hess deal can go ahead without John Hess board offer (Rewrites throughout with sourcing, background and links) HOUSTON, Sept 26 (Reuters) - U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's (...

01:05 PM EDT, 09/26/2024 (MT Newswires) -- Blue Hill Advisors said Thursday it was raising its cash offer for Territorial Bancorp ( TBNK ) by $0.50 to $12.50 per share. The firm is looking to acquire the bank in a joint bid with Hawaii banking executive Allan Landon. This increase makes our offer even more attractive, Landon said in a...

05:29 AM EDT, 09/25/2024 (MT Newswires) -- (Updates to add the company's comments in the third and fourth paragraphs.) Spirit AeroSystems ( SPR ) is investigating missing and duplicate paperwork related to parts for various aircraft programs after anomalies were found in reports from a machine that measures parts, Reuters reported Monday, citing two industry sources. The report said the...