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Earnings Report

Bank of America ups inflation forecast

Bank of America executives told investors on an earnings call Monday that the mega bank has upped its forecast for inflation for the rest of the year.

Used car prices jump 40%: CarMax

CarMax experienced a slowdown in fourth-quarter used car sales volume as its average retail selling price jumped 39.7% annually.

Rite Aid shares tank on Deutsche Bank downgrade

Rite Aid shares plunged on Thursday after Deutsche Bank downgraded the pharmacy retail chain and cut the stock's price target ahead of the release of its quarterly results next week.