CAR News 63.37 09/11/2014 04:39:37 Avis Budget Group (CAR)

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Research and Markets: Global Car Rental Market Report: 2014 Edition - Key Vendors are Hertz Global Holdings, Avis Budget Group & Enterprise Holdings
Business Wire - Tue Sep 09, 6:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/slfz7n/global_car_rental) has announced the addition of the "Global Car Rental Market Report: 2014 Edition" report to their offering.

Global Car Rental Market Report: 2014 Edition - Key Vendors are Hertz Global Holdings, Avis Budget Group & Enterprise Holdings
M2 - Tue Sep 09, 5:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6v3dck/global_car_rental) has announced the addition of the "Global Car Rental Market Report: 2014 Edition" report to their offering. The report, Global Car Rental Market analyzes the development of the global car rental market, with a focus on key markets of the US, Brazil, Korea, Indonesia and China. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The three major players in the industry, Hertz Global Holdings, Inc., Avis Budget Group, Inc., and Enterprise Holdings, Inc., are being profiled, along with their key financials and strategies for growth. North America holds the largest market share of car rental industry which is one of the prominent regions wherein car rental service has flourished significantly. North America is followed by Europe which holds second largest share for car rental market. The emerging countries such as India, China are steadily growing in the car rental industry mainly due to growing demand in these countries. 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. Other major challenge faced by the industry is tightening of emission standards in various parts of the world. Key Topics Covered: 1. Market Overview 2. Market Size 3. Market Dynamics 4. Competitive Landscape 5. Company Profiles 6. Market Outlook For more information visit http://www.researchandmarkets.com/research/6v...car_rental

Avis Budget Group Falls 2.10% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Sep 08, 5:09PM CDT
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $64.85 to a high of $66.86. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $65.30 on volume of 1.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Hertz CEO Exits Amid Activist Investor Pressure
at Investor's Business Daily - Mon Sep 08, 10:32AM CDT
Hertz Global (HTZ) Chairman and CEO Mark Frissora is stepping down from those posts effective immediately as the company recovers from a series of accounting problems. Hertz Equipment Rental head Brian MacDonald was named interim CEO, and board...

Meet 5 IBD 50 Stocks Expanding Into New Markets
at Investor's Business Daily - Sat Sep 06, 7:01AM CDT
The IBD 50 list ranks stocks on a combination of recent profit growth and key measures such as return on equity, sales growth and profit margins, listing the strongest stocks first. Today's IBD 50 includes five companies that are expanding into new...

After Yesterday's Decline of 1.01%, Avis Budget Group Offers Investors Better Value
Comtex SmarTrend(R) - Wed Sep 03, 5:29PM CDT
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $66.62 to a high of $67.97. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $66.95 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Avis Budget Group Shares Up 11.9% Since SmarTrend's Buy Recommendation (CAR)
Comtex SmarTrend(R) - Wed Sep 03, 11:20AM CDT
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on August 5th, 2014 at $60.23. In approximately 4 weeks, Avis Budget Group has returned 11.90% as of today's recent price of $67.40.

TeleTech Concludes rogenSi Buy, Boosts Consulting Abilities - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 10:20AM CDT
TeleTech (TTEC) closed its acquisition of rogenSi Worldwide PTY, a global leadership and sales execution consulting firm, deepening its strategic consulting capabilities and expanding its global foothold.

Healthcare Services Group Downgraded on Weak Q2 Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 02, 4:55PM CDT
On Sep 2, Zacks Investment Research downgraded Healthcare Services Group Inc. (HCSG) to a Zacks Rank #4 (Sell).

Avis Budget Partners SriLankan Airlines to Boost Services - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 12:00PM CDT
Avis Budget Group, Inc. (CAR) and SriLankan Airlines have teamed up to present their customers with exclusive offers.

JTH Holding Q1 Loss Widens on Higher Expenses, Shares Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 9:40AM CDT
JTH Holding (TAX) reported first-quarter fiscal 2015 (ending Jul 31) adjusted net loss of 67 per share, wider than the Zacks Consensus Estimate loss of 54 cents and year-ago loss of 46 cents.

Car Rental Market - Global Industry Analysis to 2019: Key Insights into the $36 Billion Industry
M2 - Fri Aug 29, 3:46AM CDT
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.
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