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More Desired Stocks: CarMax Inc. (NYSE:KMX), Albemarle Corporation (NYSE:ALB), Fortinet Inc. (NASDAQ:FTNT), Leggett & Platt, Incorporated (NYSE:LEG)

More Desired Stocks: CarMax Inc. (NYSE:KMX), Albemarle Corporation (NYSE:ALB), Fortinet Inc. (NASDAQ:FTNT), Leggett & Platt, Incorporated (NYSE:LEG)
Written by
Ryan Mitchell
Published on
October 23, 2014
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Board of CarMax Inc. (NYSE:KMX) has permitted a $2B extension of its share buyback program. As of August 31, 2014, the company had made $893 million of repurchases under the program. The expanded authorization is effective immediately and expires on December 31, 2016. CarMax Inc. (NYSE:KMX) stock reports decrease of -0.96% in last trading session and closed at a price of $48.33. Its 52-week range quite noticeable, lower range was $42.54 and hit highest level of $54.28. The total market capitalization remained at 10.410 Billion.Albemarle Corporation (NYSE:ALB) declared on Wednesday that its third-quarter net income of $72.8M or $0.93 a share, dropped from $90.5M or $1.11 a share previous year. Adjusted earnings for the quarter rose to $1.14 per share from $1.09 per share last year. Net sales for the quarter rose to $642.4 million from $591.2 million last year. Albemarle Corporation (NYSE:ALB) showed itself as moving stock, moved down -2.28% to close at $55.24.Fortinet Inc. (NASDAQ:FTNT) declared that its third-quarter net income of $4.1M, as compared to $11.0M for the similar quarter of 2013. Net income a share was $0.02, compared to $0.07, prior year. Non-GAAP net income was $20.0 million or $0.12 per share, for the third quarter of 2014. Fortinet Inc. (NASDAQ:FTNT) has 163.77 million outstanding shares with market capitalization of 4.122 Billion. The company stock closed at $25.17 by moving down -0.40% in last trading day. As the returns are concern, return on equity was recorded 6.20% and firm increased its return on investment 6.90% while its return on asset stayed at 3.20%.Leggett & Platt, Incorporated (NYSE:LEG) declared that its net income for the third quarter of $48.2M or $0.34 a share, as compared to $71.3M or $0.49 a share for the year-ago quarter. Shares of Leggett & Platt, Incorporated (NYSE:LEG) trading start with a price of $35.78 and throughout the trading session hit its highest level of $36.06 and at the time when day-trade ended the stock finally moved down -0.67% to closed at $35.40. Shares price isolated positively from its 50 days moving average with 2.02% and remote positively from 200 days moving average with 8.70%.

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