CAR News 61.63 09/23/2014 04:34:30 Avis Budget Group (CAR)

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Avis Budget Group (CAR) 61.63 $CAR

Why Millions of Americans Could Soon Be Driving Electric Vehicles
Jeremy Bowman, The Motley Fool - Motley Fool - Mon Sep 22, 5:38PM CDT
When investors hear the phrase "electric vehicles," the first thing many think of is luxury EV-maker Tesla . However, electric car-sharing programs are being rolled out around the world, and could not only change the perception of EVs, but also take...

Hertz-CAR to Gain from 426 Million IPO and Fleet Expansion - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 22, 11:50AM CDT
The Hertz Corporation, a subsidiary of Hertz Global Holdings Inc. (HTZ), announced that its Chinese car rental partner, CAR Inc., has launched an initial public offering (IPO) of 426 million shares on the Hong Kong stock exchange last week.

Cinedigm (CIDM) Gains: Stock Up 7.5% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 7:44AM CDT
Cinedigm Corp. (CIDM) was a big mover last session, as the company saw its shares surge over 7% on the day.

Viad Corp Buys Blitz to Boost Position in Audio Visual Market - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 18, 4:25PM CDT
Viad Corp. (VVI) has closed the acquisition of Blitz Communications Group Limited and its affiliates ("Blitz" , thereby expanding its Marketing and Events group.

Rickie Fowler Voted August PGA Tour Player of the Month Presented by Avis
GlobeNewswire - Thu Sep 18, 1:00PM CDT
PGA TOUR and Avis Car Rental announced today that Rickie Fowler has been voted the August 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 Rickie Fowler Foundation.

Avis Budget Group Rises 2.62% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Sep 17, 5:35PM CDT
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $62.87 to a high of $64.64. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $64.00 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Hertz & Icahn Enters Definitive Agreement on Directors - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 11:50AM CDT
Hertz Global Holdings Inc. (HTZ) entered into a definitive agreement with Carl C. Icahn and appointed three of his men to its board.

Global Car Rental Market Report 2013 - 2019: Major Vendors are Enterprise, Hertz, Avis Budget, EuropCar and Sixt
M2 - Wed Sep 17, 9:00AM CDT
Research and Markets (http://www.researchandmarkets.com/research/9l8k22/global_car_rental) has announced the addition of the "Global Car Rental Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering. This market research study analyzes the car rental market on a global level, and provides estimates in terms of revenue (USD billion) from 2014 to 2019. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years. The report segments the market on the basis of geography as North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW), and these have been estimated in terms of revenue (USD billion). In addition, the report segments the market based on the types of cars, which include luxury cars, executive cars, economy cars, SUV's and MUV's. It also segments the market on the basis of category as local usage, airport, outstation, and others (self drive, event transportation, employee transportation solutions). All these segments have also been estimated on the basis of geography in terms of revenue (USD billion). For better understanding of the car rental market, we have given a detailed analysis of the supply chain. A detailed Porter's five forces analysis has been given for a better understanding of the intensity of the competition present in the market. Furthermore, the study comprises a market attractiveness analysis, where the applications are benchmarked based on their market scope, growth rate and general attractiveness. The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and the recent developments in the field of car rental. Major market participants profiled in this report include Enterprise Rent-A-Car, The Hertz Corporation, Avis Budget Group, Inc., EuropCar and Sixt among others. Car Rental Market: By type of car - Luxury Cars - Executive Cars - Economy Cars - SUV's - MUV's Car Rental Market: By category - Local Usage - Airport Transport - Outstation - Others (self drive, event transportation, employee transportation solutions) Companies Mentioned - Al-Futtaim Group - Avis Budget Group, Inc. - Carzonrent - Eco Rent A Car - Enterprise Rent-A-Car - EuropCar - Localiza Rent A Car - Sixt Rent A Car - The Hertz Corporation For more information visit http://www.researchandmarkets.com/research/9l...car_rental

What Makes Hertz Global Holdings (HTZ) a Strong Sell? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 7:43AM CDT
Hertz Global Holdings is once such stock that can be considered to drop as it has witnessed a significant price decline and has seen negative earnings estimate

Global Car Rental Business Market
PR Newswire - Tue Sep 16, 5:17PM CDT
This report analyzes the worldwide markets for Car Rental Business in US$ Million by the following Categories: Car Rental Business by Location (Airport & Non-Airport), and Car Rental Business by Sector (Leisure, Business, & Insurance Replacement). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa, and Latin America. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 71 companies including many key and niche players such as -

Stocks Rise Ahead Of Fed, Led By Biotech, Chip Names
at Investor's Business Daily - Tue Sep 16, 4:01PM CDT
Stocks recovered from an early sell-off to end higher Tuesday on expectations the Federal Reserve will maintain its dovish stance on interest rates. The Nasdaq and the S&P 500 both rallied 0.7%, while the Dow Jones industrial average rose 0.6%....

Vantiv Up to Strong Buy, Strong Alliances Raise Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 16, 11:23AM CDT
On Sep 13, Zacks Investment Research upgraded Vantiv Inc. (VNTV) by a notch to a Zacks Rank #1 (Strong Buy).

Hertz (HTZ) Expands, Extends Services to a New York Town - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 16, 10:00AM CDT
Hertz (HTZ) recently declared that it has partnered with Peter Cooper Village and Stuyvesant Town.

Hertz Reconciles with Carl Icahn, Offers Three Board Seats - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 12, 11:50AM CDT
Hertz Global Holdings Inc. (HTZ) has finally made peace with Carl C. Icahn by striking a deal to appoint three of the activist hedge fund investor's men to its board.

Should SouFun Holdings (SFUN) Be in Your Portfolio Now? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 11, 4:30PM CDT
Zacks Investment Research upgraded SouFun Holdings Ltd. (SFUN) to a Zacks Rank #3 (Hold) on the back of second-quarter 2014 results.

Avis Voted #1 by New Zealand Travel Professionals
GlobeNewswire - Thu Sep 11, 11:00AM CDT
Avis Car Rental was honored as the "Best Rent A Car Operator" at the recent Travel Agents Association of New Zealand (TAANZ) annual National Travel Industry Awards event, held in Auckland.

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...
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