Sept 26 (Reuters) - Used car retailer CarMax ( KMX ) missed Wall Street estimates for second-quarter profit on Thursday as price cuts on used vehicles boosted unit sales but kept margins depressed. Shares of the company were down 7.6% in premarket trading. Pre-owned vehicle retailers have had a bumpy ride, with profitability worsening over the last few years as...

08:18 AM EDT, 09/26/2024 (MT Newswires) -- Strawberry Fields REIT ( STRW ) said Thursday it completed its acquisition of a skilled nursing facility and assisted living facility in Tennessee for $6.7 million. The facilities will increase Strawberry Fields' annual rents by $670,000, with 3% annual increases, the company said. ...

BANGKOK (Reuters) -Thailand's underperforming $77 billion social security fund will invest $11.6 billion in a new foray into global private assets, an executive told Reuters, part of a strategic overhaul to address its poor returns amid rising demand from an ageing population. Thailand's biggest state fund, which supports healthcare, unemployment benefits and pensions for 25 million workers, has seen an...

08:04 AM EDT, 09/26/2024 (MT Newswires) -- Pagaya Technologies ( PGY ) shares were down more than 16% pre-bell Thursday after the company said overnight its Pagaya US Holding Company unit is planning a $125 million offering of exchangeable senior notes. Concentrix ( CNXC ) shares were nearly 12% lower after the company cut its fiscal year non-GAAP earnings guidance....