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Analysts reaffirm the company's market rating because of the improved forecast.
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Predicts return in Q2 after turbulent year, cost-cutting measures enacted.
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The used car retailer will continue to operate in Illinois under some restrictions.
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Cost-saving moves also include reduced hours as it tries to keep up with debt payments.
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The most recent Consumer Price Index from the U.S. Bureau of Labor Statistics shows a slight but promising decline in used car prices.
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Creditors join together to negotiate with used-car retailer.
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Carvana Co. announces a second round of job cuts, expected to impact about 1,500 employees or 8% of its workforce.
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Used-car retailer misses expectations in face of industry pressures.
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