Latest Avis Budget Group (CAR) Headlines
Avis Budget Group Falls 1.57% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Mar 12, 5:46PM CDT
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $45.96 to a high of $47.21. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $46.46 on volume of 1.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Avis Budget Group Announces Closing of EURO200 Million Senior Notes Offering
GlobeNewswire - Tue Mar 11, 3:15PM CDT
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance, plc, has completed an offering of EUR200 million (approximately $280 million) aggregate principal amount of 6% senior notes due 2021. The notes were priced at a yield-to-maturity of approximately 4.85%.
Avis' Continued Focus on the Renter Experience Drives Another Customer Loyalty Accolade
GlobeNewswire - Mon Mar 10, 10:12AM CDT
Avis Car Rental has once again been named the leading car rental company in the Brand Keys Customer Loyalty Engagement Index. The 2014 study examined 555 brands in 64 categories, and marks the 15 consecutive year that Avis earned the highest marks in the car rental category. Avis achieved top placement in each of the four drivers of brand loyalty, including brand reputation; pricing discounts and options; customer service and convenience; and reliability, safety and wide range of features.
Avis Budget Group Chairman and Chief Executive Officer to Present at J.P. Morgan Leisure Conference on March 12
GlobeNewswire - Fri Mar 07, 2:57AM CST
Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that Ronald L. Nelson, Chairman and Chief Executive Officer, will present at the upcoming J.P. Morgan Leisure Conference on Wednesday, March 12, 2014 at 12:45 p.m. Eastern time.
Uptrend Call Working As Avis Budget Group Stock Rises 25.7% (CAR)
Comtex SmarTrend(R) - Thu Mar 06, 9:23AM CST
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on February 19th, 2014 at $39.45. In approximately 2 weeks, Avis Budget Group has returned 25.67% as of today's recent price of $49.57.
Avis Budget Group Launches New Mobile Applications
GlobeNewswire - Wed Mar 05, 9:30AM CST
Avis Budget Group, Inc. (Nasdaq:CAR) today announced the launch of new mobile applications for customers of Avis Car Rental and Budget Car Rental. The new apps provide travelers with an enhanced user experience, greater transparency and mobile access to the most popular ancillary products and services offered by Avis and Budget, including Loss Damage Waiver protection, a Fuel Service Option, Global Positioning System (GPS) device rentals and various insurance coverage options.
Tealium Expands EMEA Operations to Accelerate Record Growth
Business Wire - Wed Mar 05, 3:00AM CST
Tealium(R), the no. 1 provider of enterprise tag management and innovator of solutions to help marketers unify the customer journey and drive more profitable digital interactions, today announced several key EMEA appointments to help support ongoing record growth throughout the region.
Hertz on a Renovation Spree - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 04, 4:43PM CST
As part of its global reinvention plan, Hertz Global Holdings Inc. gave a swanky look to its flagship location at the Frankfurt Airport.
Avis Budget Buys Budget Brand's Licensee - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 1:30PM CST
It seems that Avis Budget is seeking to aggressively increase the number of company operated locations in fast growing markets.
North America Car Rental Market is Projected to Grow at a CAGR of 5.5% over the Period 2013-2017 On Account of Resurgence in the Economy
M2 - Mon Mar 03, 11:03AM CST
Research and Markets (http://www.researchandmarkets.com/research/53xz99/north_america_car) has announced the addition of the "North America Car Rental Industry Outlook to 2017- Off-Airport Segment and Car Sharing Driving the Future Growth" report to their offering. North America car sharing market has been manifested by trends such as increasing availability and affordability of insurance with the car sharing becoming mainstream. In 2012, the car sharing membership has grown by 43.8% in the US and by 28.7% in Canada. North America car rental market is projected to grow at a CAGR of 5.5% over the period 2013-2017 on account of resurgence in the economy, growing off-airport market and increasing leisure trips by the American households post the recessionary years which restricted the consumer spending capacity in the US and Canada. Over the years, surging personal disposable income, generous corporate travel budgets and increasing number of international tourist visits to Canada have aided the market growth of car rentals in the country. The car rental market of Canada was valued at USD - million in 2012.The on-airport segment of the car rental market in Canada has increased from USD - million in 2006 to USD - million in 2012, thereby registering a CAGR of 2.9% for the period of 2006-2012.The car rental market in Canada is primarily held by the business segment which contributed -% in the overall car rental market revenue in 2012. It is projected that off-airport car rental market in Canada will grow at a CAGR of 5.9% over the period 2013-2017 as compared to 1.7% over the period 2006-2012. The car rental industry is characterized by severe price and service competition. The US car rental industry has been predominantly held by 4 major players such as Enterprise-Rent-A-Car which also operates the National Car Rental and Alamo brands, Hertz Global Holdings, Avis Budget Group and Dollar Thrifty Automotive Group. These major players share -% of the total US car rental market revenue. Hertz, with several offerings and better quality of service closely follows Avis Budget with revenue of USD - million and share of -% in 2012. The on-airport market is primarily led by Enterprise Holdings which accounted for a share of -%, followed by Hertz capturing -% of the market and Avis Budget accounting for a market share of -% in on-airport market in the US. Companies Mentioned: - Avis Budget Group Inc - Dollar Thrifty Automotive Group - Hertz Global Holdings Inc. - Enterprise Rent-A-Car Company For more information visit http://www.researchandmarkets.com/research/53...merica_car About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Jibe Adds Avis Budget Group, Bristol Myers-Squibb, Informatica & REI to Client Roster
Business Wire - Mon Mar 03, 10:00AM CST
Jibe, Inc., a leading recruitment technology company, today announced that it had more than doubled its client base over the past 12 months, adding signature clients like Avis Budget Group, Bristol Myers-Squibb, Informatica and REI to its roster. The Company also reported today that revenues in 2013 grew by 492 percent, with annual contract bookings increasing by 215 percent. Jibe also recently established new 14,000 square foot headquarters in New York City's West Village to accommodate rapid expansion of the company's employee base, which nearly tripled in 2013. The increase in headcount at Jibe is vital to support ambitious growth plans in 2014.
Avis Budget Group to Operate the Budget Car Rental Brand in Portugal Directly
GlobeNewswire - Fri Feb 28, 10:04AM CST
Avis Budget Group, Inc.(Nasdaq:CAR) announced today that it will operate the Budget Car Rental brand in Portugal directly, effective immediately. Prior to this announcement, Avis Budget Group's corporate-operated locations in Portugal had been limited to the Avis Car Rental brand, while the Budget brand had been operated by a licensee.
Avis Budget Group Acquires Edmonton Budget Licensee
GlobeNewswire - Thu Feb 27, 3:51PM CST
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has agreed to acquire its existing Budget Car & Truck Rental licensee in Edmonton, Alberta, Canada, comprising 26 rental locations in seven cities in total. This investment of approximately $30 million, plus the cost of acquired fleet, will enable the Company to expand its footprint of Company-operated locations while offering Budget customers a consistently outstanding rental experience and capturing a larger share of Canada's domestic, international-inbound and truck rental spend.
Stocks Slip In Afternoon; RetailMeNot Hits New High
at Investor's Business Daily - Tue Feb 25, 1:56PM CST
Stocks were slightly lower late Tuesday afternoon after rebound efforts lost steam. The Nasdaq, S&P 500 and Dow Jones industrial average slipped 0.1% each. Volume continued to track lower on the NYSE and higher on the Nasdaq. In the stock market...
Avis Budget Group Set to Possibly Pullback After Yesterday's Rally of 2.61%
Comtex SmarTrend(R) - Mon Feb 24, 5:31PM CST
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $44.88 to a high of $47.08. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $44.89 on volume of 4.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Avis Budget Looks Strong, Hits New High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 10:00AM CST
Shares of Avis Budget has surged 12.2% since it came out with fourth quarter and fiscal 2013 results on Feb 19, 2014.
Chasing Avis Toward a New 52-Week High
at The Street - Fri Feb 21, 5:00AM CST
Avis was rising on unusual volume on Thursday. Here's how to trade it today.
Why Avis Budget Group (CAR) Is Soaring on Thursday
at The Street - Thu Feb 20, 11:19AM CST
Avis Budget Group (CAR) soars after reporting a fourth quarter which beat estimates on the top- and bottom-line.
Why Avis Budget Group, Inc. Vroomed Today
Brian Pacampara, The Motley Fool - Motley Fool - Thu Feb 20, 11:10AM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of car rental company Avis Budget Group ...
InnerWorkings Posts Wider Q4 Loss, Gives '14 View - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 10:30AM CST
InnerWorkings reported operating loss of 2 cents per share in the fourth quarter of 2013, wider than the Zacks Consensus Estimate loss as well as the year-ago loss of 1 penny.
Avis Budget Group Falls 1.57% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Mar 12, 5:46PM CDT
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $45.96 to a high of $47.21. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $46.46 on volume of 1.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Avis Budget Group Announces Closing of EURO200 Million Senior Notes Offering
GlobeNewswire - Tue Mar 11, 3:15PM CDT
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance, plc, has completed an offering of EUR200 million (approximately $280 million) aggregate principal amount of 6% senior notes due 2021. The notes were priced at a yield-to-maturity of approximately 4.85%.
Avis' Continued Focus on the Renter Experience Drives Another Customer Loyalty Accolade
GlobeNewswire - Mon Mar 10, 10:12AM CDT
Avis Car Rental has once again been named the leading car rental company in the Brand Keys Customer Loyalty Engagement Index. The 2014 study examined 555 brands in 64 categories, and marks the 15 consecutive year that Avis earned the highest marks in the car rental category. Avis achieved top placement in each of the four drivers of brand loyalty, including brand reputation; pricing discounts and options; customer service and convenience; and reliability, safety and wide range of features.
Avis Budget Group Chairman and Chief Executive Officer to Present at J.P. Morgan Leisure Conference on March 12
GlobeNewswire - Fri Mar 07, 2:57AM CST
Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that Ronald L. Nelson, Chairman and Chief Executive Officer, will present at the upcoming J.P. Morgan Leisure Conference on Wednesday, March 12, 2014 at 12:45 p.m. Eastern time.
Uptrend Call Working As Avis Budget Group Stock Rises 25.7% (CAR)
Comtex SmarTrend(R) - Thu Mar 06, 9:23AM CST
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on February 19th, 2014 at $39.45. In approximately 2 weeks, Avis Budget Group has returned 25.67% as of today's recent price of $49.57.
Avis Budget Group Launches New Mobile Applications
GlobeNewswire - Wed Mar 05, 9:30AM CST
Avis Budget Group, Inc. (Nasdaq:CAR) today announced the launch of new mobile applications for customers of Avis Car Rental and Budget Car Rental. The new apps provide travelers with an enhanced user experience, greater transparency and mobile access to the most popular ancillary products and services offered by Avis and Budget, including Loss Damage Waiver protection, a Fuel Service Option, Global Positioning System (GPS) device rentals and various insurance coverage options.
Tealium Expands EMEA Operations to Accelerate Record Growth
Business Wire - Wed Mar 05, 3:00AM CST
Tealium(R), the no. 1 provider of enterprise tag management and innovator of solutions to help marketers unify the customer journey and drive more profitable digital interactions, today announced several key EMEA appointments to help support ongoing record growth throughout the region.
Hertz on a Renovation Spree - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 04, 4:43PM CST
As part of its global reinvention plan, Hertz Global Holdings Inc. gave a swanky look to its flagship location at the Frankfurt Airport.
Avis Budget Buys Budget Brand's Licensee - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 1:30PM CST
It seems that Avis Budget is seeking to aggressively increase the number of company operated locations in fast growing markets.
North America Car Rental Market is Projected to Grow at a CAGR of 5.5% over the Period 2013-2017 On Account of Resurgence in the Economy
M2 - Mon Mar 03, 11:03AM CST
Research and Markets (http://www.researchandmarkets.com/research/53xz99/north_america_car) has announced the addition of the "North America Car Rental Industry Outlook to 2017- Off-Airport Segment and Car Sharing Driving the Future Growth" report to their offering. North America car sharing market has been manifested by trends such as increasing availability and affordability of insurance with the car sharing becoming mainstream. In 2012, the car sharing membership has grown by 43.8% in the US and by 28.7% in Canada. North America car rental market is projected to grow at a CAGR of 5.5% over the period 2013-2017 on account of resurgence in the economy, growing off-airport market and increasing leisure trips by the American households post the recessionary years which restricted the consumer spending capacity in the US and Canada. Over the years, surging personal disposable income, generous corporate travel budgets and increasing number of international tourist visits to Canada have aided the market growth of car rentals in the country. The car rental market of Canada was valued at USD - million in 2012.The on-airport segment of the car rental market in Canada has increased from USD - million in 2006 to USD - million in 2012, thereby registering a CAGR of 2.9% for the period of 2006-2012.The car rental market in Canada is primarily held by the business segment which contributed -% in the overall car rental market revenue in 2012. It is projected that off-airport car rental market in Canada will grow at a CAGR of 5.9% over the period 2013-2017 as compared to 1.7% over the period 2006-2012. The car rental industry is characterized by severe price and service competition. The US car rental industry has been predominantly held by 4 major players such as Enterprise-Rent-A-Car which also operates the National Car Rental and Alamo brands, Hertz Global Holdings, Avis Budget Group and Dollar Thrifty Automotive Group. These major players share -% of the total US car rental market revenue. Hertz, with several offerings and better quality of service closely follows Avis Budget with revenue of USD - million and share of -% in 2012. The on-airport market is primarily led by Enterprise Holdings which accounted for a share of -%, followed by Hertz capturing -% of the market and Avis Budget accounting for a market share of -% in on-airport market in the US. Companies Mentioned: - Avis Budget Group Inc - Dollar Thrifty Automotive Group - Hertz Global Holdings Inc. - Enterprise Rent-A-Car Company For more information visit http://www.researchandmarkets.com/research/53...merica_car About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Jibe Adds Avis Budget Group, Bristol Myers-Squibb, Informatica & REI to Client Roster
Business Wire - Mon Mar 03, 10:00AM CST
Jibe, Inc., a leading recruitment technology company, today announced that it had more than doubled its client base over the past 12 months, adding signature clients like Avis Budget Group, Bristol Myers-Squibb, Informatica and REI to its roster. The Company also reported today that revenues in 2013 grew by 492 percent, with annual contract bookings increasing by 215 percent. Jibe also recently established new 14,000 square foot headquarters in New York City's West Village to accommodate rapid expansion of the company's employee base, which nearly tripled in 2013. The increase in headcount at Jibe is vital to support ambitious growth plans in 2014.
Avis Budget Group to Operate the Budget Car Rental Brand in Portugal Directly
GlobeNewswire - Fri Feb 28, 10:04AM CST
Avis Budget Group, Inc.(Nasdaq:CAR) announced today that it will operate the Budget Car Rental brand in Portugal directly, effective immediately. Prior to this announcement, Avis Budget Group's corporate-operated locations in Portugal had been limited to the Avis Car Rental brand, while the Budget brand had been operated by a licensee.
Avis Budget Group Acquires Edmonton Budget Licensee
GlobeNewswire - Thu Feb 27, 3:51PM CST
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has agreed to acquire its existing Budget Car & Truck Rental licensee in Edmonton, Alberta, Canada, comprising 26 rental locations in seven cities in total. This investment of approximately $30 million, plus the cost of acquired fleet, will enable the Company to expand its footprint of Company-operated locations while offering Budget customers a consistently outstanding rental experience and capturing a larger share of Canada's domestic, international-inbound and truck rental spend.
Stocks Slip In Afternoon; RetailMeNot Hits New High
at Investor's Business Daily - Tue Feb 25, 1:56PM CST
Stocks were slightly lower late Tuesday afternoon after rebound efforts lost steam. The Nasdaq, S&P 500 and Dow Jones industrial average slipped 0.1% each. Volume continued to track lower on the NYSE and higher on the Nasdaq. In the stock market...
Avis Budget Group Set to Possibly Pullback After Yesterday's Rally of 2.61%
Comtex SmarTrend(R) - Mon Feb 24, 5:31PM CST
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $44.88 to a high of $47.08. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $44.89 on volume of 4.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Avis Budget Looks Strong, Hits New High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 10:00AM CST
Shares of Avis Budget has surged 12.2% since it came out with fourth quarter and fiscal 2013 results on Feb 19, 2014.
Chasing Avis Toward a New 52-Week High
at The Street - Fri Feb 21, 5:00AM CST
Avis was rising on unusual volume on Thursday. Here's how to trade it today.
Why Avis Budget Group (CAR) Is Soaring on Thursday
at The Street - Thu Feb 20, 11:19AM CST
Avis Budget Group (CAR) soars after reporting a fourth quarter which beat estimates on the top- and bottom-line.
Why Avis Budget Group, Inc. Vroomed Today
Brian Pacampara, The Motley Fool - Motley Fool - Thu Feb 20, 11:10AM CST
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of car rental company Avis Budget Group ...
InnerWorkings Posts Wider Q4 Loss, Gives '14 View - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 20, 10:30AM CST
InnerWorkings reported operating loss of 2 cents per share in the fourth quarter of 2013, wider than the Zacks Consensus Estimate loss as well as the year-ago loss of 1 penny.
