CAR News 67.94 08/29/2014 04:45:34 Avis Budget Group (CAR)

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Avis Budget Group (CAR) 67.94 $CAR

Car Rental Market - Global Industry Analysis to 2019: Key Insights into the $36 Billion Industry
M2 - 58 mins ago
Research and Markets (http://www.researchandmarkets.com/research/jn293h/car_rental_market) has announced the addition of the "Car Rental Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering. Global car rental market was valued at USD 36.89 billion in 2013, growing at a CAGR of 13.6% from 2014 to 2019. The global car rental market is segmented by region into North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). Increasing GDP levels, increasing volumes of both inbound and domestic tourists coupled with rise in disposable incomes and improving road infrastructure are factors driving the car rental industry. The emerging business class in India and China along with the green revolution in the automobile industry is further driving the car rental market. However, the volatility in petroleum product prices, along with high gasoline price, is expected to affect both consumers spending levels and economic conditions across the globe, thereby leaving a moderate impact on the global car rental industry. Geographically, North America led the global car rental market in 2013 and the region is expected to continue its dominance in 2019. The car rental market in North America is highly concentrated by players, such as Enterprise, Hertz, Avis Budget Group and other regional and local companies, which have substantial presence at various airports across the U.S. and Canada. Europe and Asia-Pacific followed North America in the global car rental market to collectively account for almost half of the global market revenue share. The car rental industry is segmented on the basis of types of cars into luxury cars, executive cars, economy cars, SUV's and MUV's. Among all, economy cars is the most popular and widely-used segment and most companies prefer the usage of economy cars, owing to their cost effectiveness. However, executive cars and luxury cars are widely used for corporate and leisure purposes. MUV's are expected to grow at the highest growth rate in comparison to other types of cars, owing to the rising popularity of car pooling and car sharing services. The car rental market is further segmented by categories into local usage, airport transport, outstation and others. The global car rental market is majorly dominated by airport transport, as it provides flexibility, fast service and comfort to the customers. Almost all the major companies have their offices at airports along with designated parking places. Airport transport segment dominated the global car rental market in 2013 accounting for almost half of the global market revenue share. Outstation and others segments accounted for over one-third of the global car rental market revenue share in 2013. Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Market Overview Chapter 4 Global Car rental Market: By Type of Car Chapter 5 Global Car Rental Market: By Category Chapter 6 Competitive Landscape Chapter 7 Global Car Rental Market -By Region Chapter 8 Company Profiles - Al-Futtaim Group - Avis Budget Group, Inc. - Carzonrent - Enterprise Rent-A-Car - EuropCar - Eco Rent A Car - Localiza Rent A Car - Sixt Rent A Car - The Hertz Corporation For more information visit http://www.researchandmarkets.com/research/jn...tal_market

Crawford Slips to Sell on Downward Estimate Revisions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 28, 4:40PM CDT
On Aug 27, 2014, Zacks Investment Research downgraded Crawford & Company (CRD.B) to a Zacks Rank #4 (Sell).

Avis Budget Group Set to Possibly Rebound After Yesterday's Selloff of 1.16%
Comtex SmarTrend(R) - Thu Aug 28, 4:22PM CDT
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $67.67 to a high of $68.57. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $68.44 on volume of 833,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Avis Budget's Zipcar Expansion on a Roll, Enters Palo Alto - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 28, 2:50PM CDT
Avis Budget's (CAR) wholly owned subsidiary, Zipcar, has recently collaborated with the city of Palo Alto to launch its car sharing services in the city.

Shares of CAR Up 14.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Aug 27, 9:55AM CDT
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on August 5th, 2014 at $60.23. In approximately 3 weeks, Avis Budget Group has returned 14.25% as of today's recent price of $68.81.

Veterans Advantage(R) Offers Avis Budget Group Discount to Help Military Personnel Save on Vehicle Purchases
PRWeb - Tue Aug 26, 10:36AM CDT
Veterans Advantage has teamed up with Avis Budget Group to offer U.S. active duty, military veterans, National Guardsmen and Reservists and their families a special $750 discount on the purchase of a late-model Avis Car Rental or Budget Car Rental vehicle.

Avis Wins Top Honors at 21st World Travel Awards
GlobeNewswire - Tue Aug 26, 10:30AM CDT
Avis Car Rental was recently honored as "South America's Leading Car Rental Company," "Mexico and Central America's Leading Business Car Rental Company" and "Mexico and Central America's Leading Car Rental Company" at the 21 World Travel Awards during the South & Central America Gala Ceremony in Quito, Ecuador on August 9, 2014. The World Travel Awards celebrates those companies and brands that are pushing the boundaries of industry excellence in products and services.

Avis Budget's Zipcar Brings 2014 Honda Fit EV to UC Davis - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 10:10AM CDT
Avis Budget's (CAR) wholly owned subsidiary, Zipcar declared the addition of a 2014 Honda Fit battery electric vehicle at The University of California, Davis, West Village.

Avis and Budget Sweep Canada's Travel Agents' Choice Awards
GlobeNewswire - Mon Aug 25, 1:00PM CDT
Avis Budget Group, Inc. (Nasdaq:CAR) today announced that Avis Car Rental was voted the top car rental company in Canada by travel professionals, with Budget Car Rental finishing second. The honor marks the eighth year in a row Avis has won top honors in the Baxter Travel Media Agents' Choice Awards. Avis and Budget were first and second in 2013, and have finished in that order in several previous years.

Avis Budget Group (CAR) Highlighted As Momo Momentum Stock
at The Street - Mon Aug 25, 8:47AM CDT
Trade-Ideas LLC identified Avis Budget Group (CAR) as a momo momentum candidate

Rory McIlroy Voted July PGA Tour Player of the Month Presented by Avis
GlobeNewswire - Thu Aug 21, 10:30AM CDT
PGA TOUR and Avis Car Rental announced today that Rory McIlroy has been voted the July PGA TOUR Player of the Month presented by Avis. As the official rental car company of the PGA TOUR, Avis will make a $50,000 contribution to the Rory Foundation.

Insider Trading Alert - CRR, IEX And CAR Traded By Insiders
at The Street - Thu Aug 21, 9:04AM CDT
Stocks with insider trader activity include CRR, IEX and CAR

Hertz Global Holdings Shares Drop After Guidance Withdrawn
Jamal Carnette, The Motley Fool - Motley Fool - Wed Aug 20, 4:46PM CDT
Shares of Hertz Global Holdings were knocked down today -- as much as 13% at one point before closing down 3.9% -- after it filed a regulatory document Tuesday in which the company withdrew its full-year guidance and only stated that 2014...

Avis Car Rental Names Avis Uruguay Licensee of the Year
GlobeNewswire - Wed Aug 20, 12:30PM CDT
Avis Car Rental announced today that it is honoring Avis Uruguay for its ongoing commitment to serving the growing car rental demand in Uruguay, and providing travelers and residents alike with world-class products and services. Avis has operated in Uruguay since 1979.

Avis Budget, Seaborne Team Up to Serve Caribbean - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 19, 4:05PM CDT
Avis Budget Group, Inc. (CAR) and Seaborne Airlines have teamed up to present their customers with exclusive offers.

Technical Data on Road and Rail Stocks -- CSX Corp., Union Pacific, Norfolk Southern, Kansas City Southern, and Avis Budget
PR Newswire - Tue Aug 19, 7:30AM CDT
The trading session on Monday, August 18, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,838.74, up 1.06% and the NASDAQ Composite closed at 4,508.31, up 0.97%. The S&P 500 finished the day 0.85% higher at 1,971.74. The gains were broad based as eight out of ten sectors finished on a positive note. The S&P 500 Industrials Sector Index finished the day at 461.90, up 1.53%, and the index has advanced 1.06% in the previous three months. Investor-Edge has initiated coverage on the following equities: CSX Corp. (NYSE: CSX), Union Pacific Corp. (NYSE: UNP), Norfolk Southern Corp. (NYSE: NSC), Kansas City Southern (NYSE: KSU) and Avis Budget Group Inc. (NASDAQ: CAR). Free research on these five companies can be accessed at:

Avis Budget Group Lands Exclusive Partnership With Seaborne Airlines
GlobeNewswire - Mon Aug 18, 2:15PM CDT
Avis Budget Group, Inc. (Nasdaq:CAR) and Seaborne Airlines, one of the fastest-growing airlines in the Caribbean, have signed an exclusive, multi-year partnership agreement.

Watch For Today's Momo Momentum Stock: Avis Budget Group (CAR)
at The Street - Mon Aug 18, 9:16AM CDT
Trade-Ideas LLC identified Avis Budget Group (CAR) as a momo momentum candidate

When It Comes to Rental Cars, Consumers Are Most Loyal to This Brand
Sean Williams, The Motley Fool - Motley Fool - Sun Aug 17, 11:30AM CDT
Source: BlueWaikiki.com , Flickr. Depending on the circumstances, renting a car while on vacation can be a pleasant experience that enhances your enjoyment, or a horror story that's told for years to friends and acquaintances. For car rental...
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