Recovery Attempt Fizzles; Stocks Finish At Lows
at Investor's Business Daily - Fri Dec 12, 3:58PM CST
An afternoon recovery attempt failed Friday, and stocks finished near their worst levels of the day. The Nasdaq fell 1.2%, the S&P 500 dropped 1.6% and the Dow Jones industrial average tumbled 1.8%. For the week, the Nasdaq fell 2.7%; the S&P 500...
CALM: 40.23 (-2.11), CAR: 58.65 (-3.55), XOM: 86.60 (-2.60), ADBE: 76.02 (+6.28)
Avis Budget: Something Doesn't Smell Right
Celan Bryant - at Seeking Alpha - Fri Dec 12, 3:49PM CST
CAR: 58.65 (-3.55)
Stocks Close Near Session Lows And Down For The Week
at Investor's Business Daily - Fri Dec 12, 3:33PM CST
Stocks closed lower Friday and near their lows for the day with the S&P 500 and the Dow Jones industrial average having their first down week in the past eight. For the Nasdaq, it was the second straight down week. In the stock market today, the...
ZUMZ: 36.71 (+2.15), CALM: 40.23 (-2.11), JAZZ: 165.12 (-8.09), CAR: 58.65 (-3.55), URI: 99.68 (-6.85)
Avis and Inspirato Sign Exclusive Partnership Agreement
GlobeNewswire - Thu Dec 11, 9:30AM CST
Avis Car Rental today announced that it has signed a new, multi-year partnership agreement with Inspirato, the world's largest luxury destination club.
CAR: 58.65 (-3.55)
Insider Trading Alert - BHB, CAR And LIN Traded By Insiders
at The Street - Thu Dec 11, 9:30AM CST
Stocks with insider trader activity include BHB, CAR and LIN
BHB: 31.00 (-0.10), LIN: 23.82 (+0.44), CAR: 58.65 (-3.55)
Technical Coverage on Trucking Equities - Hertz Global Holdings, Avis Budget, Swift Transportation, Werner Enterprises, and Ryder System
PR Newswire - Thu Dec 11, 7:30AM CST
Investor-Edge has initiated coverage on the following equities: Hertz Global Holdings Inc. (NYSE: HTZ), Avis Budget Group Inc. (NASDAQ: CAR), Swift Transportation Company (NYSE: SWFT), Werner Enterprises Inc. (NASDAQ: WERN), and Ryder System Inc. (NYSE: R). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Wednesday, December 10, 2014, the NASDAQ Composite ended at 4,684.03, down 1.73%, the Dow Jones Industrial Average declined 1.51%, to finish the day at 17,533.15, and the S&P 500 closed at 2,026.14, down 1.64%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Industrials Sector Index ended the day at 476.27, down 1.89%, while the index has advanced 2.47% in the previous three months. Register for your complimentary reports on these five stocks at:
HTZ: 21.33 (-1.01), SWFT: 28.15 (-0.04), R: 87.71 (-0.80), WERN: 30.38 (+0.04), CAR: 58.65 (-3.55)
Travel and Tourism Markets in the US to 2018
M2 - Tue Dec 09, 10:47AM CST
Research and Markets (http://www.researchandmarkets.com/research/4ch9h9/travel_and) has announced the addition of the "Travel and Tourism in the US to 2018" report to their offering. The US is the largest global market in terms of inbound tourist expenditure, which increased from US$119.3 billion in 2009 to US$170.9 billion in 2013, at a CAGR of 9.39%. Growth has been due to various international campaigns such as the Brand USA campaign and the promotional initiatives undertaken by the US in other countries such as Germany and Canada. Domestic tourism significantly dominates the overall tourism market in the US, representing 96.7% of the total trips in 2013. The number of domestic trips totaled 2.1 billion in 2013 and is projected to reach 2.2 billion in 2018. The growth of domestic tourism was supported by various state-level campaigns launched in 2013 and 2014 such as 'Pure Michigan' and 'Utah Mighty 5'. Domestic tourist expenditure is projected to grow at a CAGR of 5.45% over the forecast period, to reach US$945.4 billion in 2018. The US recorded growth in international arrivals from emerging countries, particularly BRIC countries (Brazil, Russia, India, and China), during the historic period. Visitors from China increased from 880,400 in 2009 to 2.2 million in 2013. Similarly, visitors from Brazil increased from 892,600 in 2009 to 2.1 million in 2013, while visitors from India increased from 550,000 in 2009 to 860,000 in 2013 and visitors from Russia increased from 143,000 in 2009 to 322,000 in 2013.This increase was due to liberal visa procedures by the US and increasing disposable income in these countries Key Topics Covered: 1 Executive Summary 2 The Travel and Tourism Sector in Context 3 Country Fact Sheet 4 Tourism Flows 5 Airlines 6 Hotels 7 Car Rental 8 Travel Intermediaries 9 Tourism Board Profile 10 Airport Profiles 11 Company Profiles - Airlines 12 Market Data Analysis 13 Appendix Companies Mentioned - ACE RENT A CAR - American Airlines Group Inc. - American Express Company - Avis Budget Group - Choice Hotels International - DUBE Travel - Delta Air Lines - Enterprise Holdings - Expedia - ExpressJet Airlines - FC USA Inc. - Fox Rent-A-Car - Hertz Global Holdings - Hilton Worldwide Holdings Inc. - InterContinental Hotels Group Plc. - Marriott International - Southwest Airlines Co. - The Priceline Group Inc. - United Continental Holdings - Wyndham Worldwide Corporation For more information visit http://www.researchandmarkets.com/research/4ch9h9/travel_and
WYN: 82.70 (-0.70), HTZ: 21.33 (-1.01), CHH: 54.98 (-1.07), AXP: 91.00 (-2.13), CAR: 58.65 (-3.55), AAL: 49.97 (-0.56), MAR: 76.76 (-0.86), IHG: 38.24 (-1.26), UAL: 64.10 (-1.70), LUV: 41.41 (-0.51)
Avis Budget Group Shares Up 16.9% Since SmarTrend's Buy Recommendation (CAR)
Comtex SmarTrend(R) - Mon Dec 08, 9:36AM CST
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on October 21st, 2014 at $54.16. In approximately 2 months, Avis Budget Group has returned 16.89% as of today's recent price of $63.30.
CAR: 58.65 (-3.55)
Strong On High Volume: Avis Budget Group (CAR)
at The Street - Fri Dec 05, 9:04AM CST
Trade-Ideas LLC identified Avis Budget Group (CAR) as a strong on high relative volume candidate
CAR: 58.65 (-3.55)
Look for Shares of Avis Budget Group to Potentially Pullback after Yesterday's 2.26% Rise
Comtex SmarTrend(R) - Thu Dec 04, 4:29PM CST
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $59.10 to a high of $61.27. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $60.13 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.
CAR: 58.65 (-3.55)
Avis Budget tapped for gains by Credit Suisse
Seeking Alpha - at Seeking Alpha - Thu Dec 04, 7:33AM CST
CAR: 58.65 (-3.55)
Avis Bahamas Celebrates Over 50 Years in Car Rental
GlobeNewswire - Tue Dec 02, 10:00AM CST
Avis Car Rental today announced the celebration of more than 50 years in the car rental business in the Bahamas. J.V. "Skip" Roberts opened "Skip's U Drive It" in 1938, which operated under various names, until signing officially with Avis in 1961.
CAR: 58.65 (-3.55)
5 Industries Set To Benefit From Cheap Gas
The Specialist - at Seeking Alpha - Tue Dec 02, 6:11AM CST
ODFL: 77.84 (-0.76), WGO: 24.70 (-0.95), THO: 53.73 (-1.07), HTZ: 21.33 (-1.01), DLTR: 68.14 (+0.38), CNW: 47.08 (-0.31), SWFT: 28.15 (-0.04), CAR: 58.65 (-3.55), AAL: 49.97 (-0.56), DG: 69.80 (+0.65), FDO: 79.25 (-0.23), UAL: 64.10 (-1.70)
Hertz: Play Alongside Big-Time Activists
Best Minds Capital - at Seeking Alpha - Sun Nov 30, 5:55AM CST
HTZ: 21.33 (-1.01), CAR: 58.65 (-3.55)
Stock Market Today: Top Biotech Is Near Buy Point
at Investor's Business Daily - Wed Nov 26, 4:40PM CST
Many leading stocks have risen out of buying range since a new market uptrend began last month, but a number are still working on bases. United Therapeutics (UTHR), which develops treatments for cardiovascular and infectious diseases as well as for...
UTHR: 129.37 (-1.86), GIII: 94.76 (-0.60), CAR: 58.65 (-3.55), CP: 176.41 (+1.71)
Hertz Global: New CEO, Easing Overhangs And Long-Term Industry Fundamentals Point To Strong Upside
Alpha Gen Capital - at Seeking Alpha - Tue Nov 25, 5:13PM CST
HTZ: 21.33 (-1.01), CAR: 58.65 (-3.55), URI: 99.68 (-6.85)
Uptrend Call Working As Avis Budget Group Stock Rises 13.8% (CAR)
Comtex SmarTrend(R) - Tue Nov 25, 10:06AM CST
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on October 21st, 2014 at $54.16. In approximately 1 month, Avis Budget Group has returned 13.80% as of today's recent price of $61.63.
CAR: 58.65 (-3.55)
Insider Trading Alert - CACI, WDC And CAR Traded By Insiders
at The Street - Tue Nov 25, 9:25AM CST
Stocks with insider trader activity include CACI, WDC and CAR
CACI: 85.48 (-2.48), CAR: 58.65 (-3.55), WDC: 105.63 (-2.41)
SmarTrend Watching for Potential Pullback in Shares of Avis Budget Group After 1.96% Gain
Comtex SmarTrend(R) - Mon Nov 24, 5:33PM CST
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $59.66 to a high of $61.33. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $60.42 on volume of 1.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAR: 58.65 (-3.55)
Avis Budget Group: An Impressive Destroyer Of Value
Phaethon Capital - at Seeking Alpha - Mon Nov 24, 11:40AM CST
HTZ: 21.33 (-1.01), CAR: 58.65 (-3.55)