Fitch Affirms Avis' Ratings Following Peer Review; Outlook Stable
Business Wire - Thu Apr 17, 1:18PM CDT
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) and debt ratings of Avis Budget Group, Inc. (ABG) and its various Fitch-rated subsidiaries following the completion of its car rental and fleet leasing peer review. The Rating Outlook is Stable. A full list of rating actions is at the end of this release.
Why Shares of Avis Budget Group Are Hitting the Gas Pedal Today
Nickey Friedman, The Motley Fool - Motley Fool - Thu Apr 17, 1:01PM CDT
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 are...
Avis Budget Group Increases Its Stock Repurchase Program
GlobeNewswire - Thu Apr 17, 9:30AM CDT
Avis Budget Group, Inc. (Nasdaq:CAR) today announced that it has repurchased approximately $135 million of stock under its current stock repurchase program. The program was first announced in August 2013 and authorized an initial maximum amount of $200 million. Today, the Company's Board of Directors has authorized an increase to the amount remaining for future repurchases under the program from the approximately $65 million remaining to $300 million.
Dean Breda Joins Veracode as General Counsel
Business Wire - Thu Apr 17, 8:30AM CDT
Veracode, the application security company, today announced that Dean Breda has joined Veracode in the newly created position of General Counsel. In this role Breda, who brings over 25 years of legal experience to Veracode, will oversee all legal matters for the company.
Stocks Notch Solid Gains, But Volume Is Lighter
at Investor's Business Daily - Wed Apr 16, 3:27PM CDT
Stocks posted a third straight gain, raising hopes among the bulls that the market pullback may be over. The Nasdaq gained 1.3% and closed near the day's high. The S&P 500 and the Dow Jones industrial average added 1% each. Volume, however, fell vs....
Stocks Hammer Ahead At Open; Yahoo, Disney, Avis Rise
at Investor's Business Daily - Wed Apr 16, 9:39AM CDT
Stocks plowed up early gains in strong trade Wednesday, aided by China GDP growth figures and a solid read on U.S. industrial production in March. The Nasdaq and the Dow Jones industrial average ran neck-and-neck, up 0.6% each. The S&P 500 added...
Avis Budget Group to Announce First Quarter 2014 Results on May 7
GlobeNewswire - Wed Apr 16, 9:00AM CDT
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to report its first quarter 2014 results after the market close on Wednesday, May 7, 2014, and to host a conference call to discuss such results on Thursday, May 8, 2014 at 8:30 a.m. Eastern time.
Stocks Hang Tough, Shaking Off Afternoon Blues
at Investor's Business Daily - Tue Apr 15, 3:24PM CDT
Stocks showed some guts under pressure Tuesday as the Nasdaq handled a dive to its 200-day moving average with a confident bounce off the line. The Nasdaq gained 0.3% after undercutting a recent low and springing off the 200-day line. The S&P 500...
AARP Members Save On The Road With Payless Car Rental
PR Newswire - Tue Apr 15, 8:51AM CDT
AARP members looking to save money on the road now can include Payless Car Rental as an option. As part of an expanded agreement with parent company Avis Budget Group, members who choose Payless Car Rental will receive a free upgrade on compact through full-size car rentals, a five percent discount, and waiver of the additional-driver fee at participating U.S. Payless locations.
Zipcar and Ford Motor Company Launch Communities with Drive Program
GlobeNewswire - Tue Apr 15, 8:13AM CDT
Zipcar, Inc. today announced the launch of the "Communities with Drive" program, sponsored by Zipcar and Ford Motor Company. Communities with Drive is a national contest to seek and reward organizations that are having a profound impact on the communities in which they operate.
Hertz Global Is Down, but Not Out
Amal Singh, The Motley Fool - Motley Fool - Sat Apr 12, 3:30PM CDT
Car and equipment rental company Hertz Global Holdings is under-performing its peers this so far this year. Hertz has gained just 4%, while the likes of United Rentals and Avis Budget are up 20% and 28%, respectively. Hertz's...
Avis Budget Group Has Returned 22.6% Since SmarTrend Recommendation (CAR)
Comtex SmarTrend(R) - Fri Apr 11, 10:03AM CDT
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on February 19th, 2014 at $39.45. In approximately 2 months, Avis Budget Group has returned 22.58% as of today's recent price of $48.35.
Stocks Go Red In Heavy Trade; Gap, JPMorgan, NQ Mobile Dive
at Investor's Business Daily - Fri Apr 11, 9:27AM CDT
Healthy March wholesale price and April consumer sentiment data had no effect on stocks early Friday as indexes opened sliding lower in heavy trade. The Nasdaq and the Dow Jones industrial average were down 0.5% each. The S&P 500 fell 0.4%. Big-money...
Commit To Buy Avis Budget Group At $35, Earn 8.9% Using Options
at The Street - Thu Apr 10, 10:58AM CDT
Investors considering a purchase of Avis Budget Group stock, but cautious about paying the going market price of $50.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put...
Welfare Initiatives, Infrastructure Investments, Stock Price Updates, Membership Milestones, and New Offerings - Analyst Notes on FedEx, Union Pacific, Target, WWE, and Avis
PR Newswire - Thu Apr 10, 10:17AM CDT
Today, Analysts Review released its analysts' notes regarding FedEx Corporation (NYSE: FDX), Union Pacific Corporation (NYSE: UNP), Target Corp. (NYSE: TGT), World Wrestling Entertainment Inc. (NYSE: WWE), and Avis Budget Group, Inc. (NASDAQ: CAR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Acquisitions, Product Offering, Milestone Achievement, and Statement Release - Analyst Notes on United Rentals, Avis Budget Group, Ryder, Aaron's, and GATX
PR Newswire - Tue Apr 08, 1:20AM CDT
Today, Analysts Review released its analysts' notes regarding United Rentals, Inc. (NYSE: URI),
Avis Budget Leads 5 IBD 50 Stocks Holding Up Well
at Investor's Business Daily - Sat Apr 05, 7:02AM CDT
The market is struggling to return to an uptrend, but several companies on the IBD 50 list of top-rated stocks have held up well. Here are five stocks trading near their 52-week highs on today's IBD 50 list: Avis Budget Group (CAR), Myriad Genetics...
This Week in Sirius XM Radio
Rick Munarriz, The Motley Fool - Motley Fool - Sat Apr 05, 6:30AM CDT
Things never get dull for the country's lone satellite radio provider. Shares of Sirius XM Radio moved higher on the week, climbing 1.3% to close at $3.20. There was more going on beyond the share-price gyrations, though. Avis Budget Group...
Shares of CAR Up 30.8% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Apr 04, 9:20AM CDT
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on February 19th, 2014 at $39.45. In approximately 1 month, Avis Budget Group has returned 30.82% as of today's recent price of $51.60.
Spectrum Brands Continues to Rally Higher - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 03, 9:40AM CDT
Shares of Spectrum Brands Holdings Inc. continue to rally up the index over the past year amassing an annual return of 42.6% and a year-to-date return of 14.6%.