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Posts related to ‘CAR’

Avis Earnings Hit Revised Forecast, Investors Still Cautious (CAR, HTZ, DTG)

Posted: May 7, 2012 at 8:13 am

Last week Avis Budget Group Inc. (NASDAQ: CAR) raised its first quarter adjusted EPS estimate from a loss of -$0.19 to a gain of $0.13. Apparently no one believed the ...
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Avis Jumps on Revised Forecast (CAR, HTZ, DTG, ZIP)

Posted: May 1, 2012 at 1:07 pm

Car rental firm Avis Budget Group Inc. (NASDAQ: CAR) revised  its first quarter and full-year forecasts sharply this morning, putting a bit of fuel in the tanks of competitors Hertz ...
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24/7 Wall St. Closing Bell (AMZN, DE, NVDA, LO, WFR, AAP, APA, ABX, DTV, DUK, GM, TAP, STRA, PFCB, JNGW, AEA, HDY, PMFG, CAR)

Posted: February 16, 2012 at 4:05 pm

Stocks opened higher this morning following upbeat reports on unemployment claims and new housing starts. With a little more than a half hour left in today’s session, all three indexes ...
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Morning Movers (JNGW, AEA, ITRI, PMFG, CAR)

Posted: February 16, 2012 at 10:21 am

The three major US equities indexes opened higher this morning following good news from both the employment and the housing fronts. Ratings reviews of several major banks had caused some ...
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Value Choices in the Auto Industry (GM, F, HTZ, CAR, ZIP, AN, KMX, CRMT, ORLY, AZO, PBY)

Posted: December 9, 2011 at 1:42 pm

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 ...
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Target Prices for Auto Sector Stocks (GM, F, HTZ, CAR, ZIP, AN, KMX, CRMT, ORLY, AZO, PBY)

Posted: November 9, 2011 at 1:38 pm

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 ...
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Huge Gains Expected for Automotive Sector Stocks (GM, F, HTZ, CAR, ZIP, AN, KMX, CRMT, ORLY, AZO, PBY)

Posted: October 20, 2011 at 1:37 pm

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 ...
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Rental Car M&A Crashes on the Interstate (DTG, HTZ, CAR, ZIP, GM)

Posted: October 11, 2011 at 10:46 am

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 ...
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Car Companies Overwhelm Zipcar’s Success

Posted: October 7, 2011 at 6:38 am

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 ...
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Top Analyst Upgrades & Downgrades (AMAT, CAR, BMY, BRCM, CTRN, CL, ENB, HUN, LRCX, MU, PIR, RENN, TEF)

Posted: September 19, 2011 at 8:19 am

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 ...
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Media Digest (9/15/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 15, 2011 at 5:58 am

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: ...
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Media Digest (8/22/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 22, 2011 at 6:19 am

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 ...
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Top Analyst Upgrades & Downgrades (CAR, COO, GE, MPEL, TAP, NOK, RJET, RIMM, SRE, SINA, SPLS, SRCL, RIG)

Posted: June 13, 2011 at 8:29 am

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 ...
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Media Digest (5/10/2010) Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 10, 2011 at 4:00 am

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 ...
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Hertz Makes A Crazy Offer For Dollar Thrifty

Posted: May 9, 2011 at 10:34 am

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 ...
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