Avis Budget Group Inc
NASDAQ: CAR
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CAR Articles
The month of December was the leading month for new car sales in the US in 2010. It was the second leading month in 2009, and the pattern could continue this year as pent-up demand from buyers boosts...
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About three weeks ago, we looked at target prices and implied share price gains in a number of auto sector stocks. The quarterly earnings season had just begun, and hopes were pretty high for the...
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New car sales in September are estimated to have risen 19% year-over-year, though down -5.5% sequentially. The seasonally adjusted annual rate of new car sales is now set at about 12.9 million new...
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In late August, Dollar Thrifty Automotive Group Inc. (NYSE: DTG) demanded that its suitors, Hertz Global Holdings, Inc. (NYSE: HTZ) and Avis Budget Group Inc. (NYSE: CAR), make an offer that...
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Zipcar (NASDAQ: ZIP) brought new convenience to the car rental market, but whatever moat it created has been damaged by the actions of America’s largest car companies and their car rental partners....
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These are some of this Monday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Applied Materials Inc. (NASDAQ: AMAT) Cut to Sell at Goldman...
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UBS (NYSE: UBS) trader loses $2 billion in unapproved trades. (Reuters) The head of the World Bank says the global economy has entered a danger zone. (Reuters) General Motors (NYSE: GM) and Chrysler...
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The Federal Reserve to make a modest number of steps to keep the economy moving higher. (Reuters) Wall St. layoffs, already begun, will hurt morale as the industry tries to recover. (Reuters) As...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Avis Budget Group, Inc. (NYSE: CAR) Reiterated Strong Buy at Zacks....
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Microsoft (NASDAQ: MSFT) is close to a purchase of Skype for $7 billion (WSJ) Microsoft is close to an $8.5 billion deal to buy Skype (Reuters) PIMCO increased its short position in US Treasury...
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Hertz (NYSE: HTZ) made a wildly high offer for Dollar-Thrifty (NYSE: DTG). The value of the possible buyout is $2.24 billion. That equals$72 a share, although the real value of the offer is hard to...
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The world of car driving would change a great deal if vehicle manufacturers began to compete against rental companies, which are the auto companies’ largest customers. BMW will begin to rent cars...
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Reuters: China said legislation aimed at a devaluation of the yuan violated WTO regulations. Reuters: IPOs do poorly in the People’s Republic now but can raise money from overseas investors....
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The president of PAR, which owns 7.7% of the shares in Dollar Thrifty (NYSE: DTR), told The Wall Street Journal that his fund will vote against a Hertz offer to buy the smaller company. The cash and...
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Reuters: Petrobras raised $70 billion in the largest stock offer in history. Reuters: There will likely be no tax cut before the election, according to Democrats Reuters: Obama asked the...
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