U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth quarter of 2012, and…
U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than expected in…
courtesy of NetflixChina’s services index rises to 56.1 in December, a sign of healthy expansion. (Reuters) Apple Inc. (NASDAQ: AAPL) tests a new iPhone and iOS 7. (Reuters) A court rejects an…
U.S. equity markets opened sharply higher this morning following approval last night from the U.S. House of Representatives of a bill that preserves some tax cuts, eliminates others, and basically kicks the…
ThinkstockThe popular with consumers and expensive for the company short-term car rental business got a boost today. Avis Budget Group Inc. (NASDAQ: CAR) announced this morning that it has agreed to acquire…
Paul Ausick U.S. stock markets were closed again today as New York City recovered from the damage brought on by Hurricane Sandy. In New York, both Nasdaq and the NYSE announced that the markets…
U.S. stock markets were closed today as New York City and the entire East Coast of the country from the Carolinas to Maine prepare to deal with Hurricane Sandy. In New York,…
The long-awaited conclusion to the acquisition of Dollar Thrifty Automotive Group Inc. (NYSE: DTG) by Hertz Global Holdings Inc. (NYSE: HTZ) is going to take a little longer. Hertz announced this morning…
It seems like decades since Hertz (NYSE: HTZ) began to jockey with its primary rival–Avis Budget Group (NYSE: CAR)–for the right to own Dollar Thrifty Automotive Group (NYSE: DTG) which is among the…
At what might be the conclusion of a courtship that has lasted for more than two years, Hertz Global Holdings Inc. (NYSE: HTZ) is asking shareholders of Dollar Thrifty Group Inc. (NYSE:…
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With…
Shares of Zipcar Inc. (NASDAQ: ZIP) are getting battered today following a less-than-impressive second-quarter showing and a weak forecast for the current quarter. The company also suffered two downgrades this morning, one…
The three major US stock indexes opened lower this morning as the Bank of England left interest rates alone (our coverage here) and the European Central Bank (ECB) did the same (our…
The three major US stock indexes opened higher this morning as markets were getting primed for the afternoon’s statement from the FOMC. Tomorrow’s announcement on interest rates from the European Central Bank…
Dollar Thrifty Automotive Group Inc. (NYSE: DTG) reported this morning that its second-quarter earnings came to $1.36 per share on $378.9 million in revenue. EPS were $1.37 and revenue $378.2 million in…
