CAR News Alert Avis Budget Group (CAR) 62.30 02/14/2015 02:2

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Avis Budget Group (CAR) 62.30 $CAR

Avis Budget Group Chief Financial Officer to Present at J.P. Morgan High Yield Conference on February 24
GlobeNewswire - Thu Feb 12, 8:00AM CST
Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that David B. Wyshner, Senior Executive Vice President and Chief Financial Officer, will present at the upcoming J.P. Morgan High Yield Conference on February 24, 2015 at 9:00 a.m. Eastern time.
JPM: 59.67 (+0.10), CAR: 62.30 (+1.04)

Budget Offers a Third Off Rentals to Celebrate Valentine's Day
PR Newswire Europe - Wed Feb 11, 5:42AM CST
LONDON, February 11, 2015 /PRNewswire/ --
CAR: 62.30 (+1.04)

Avis to Operate Budget Brand in South Africa via Barloworld - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 10, 2:55PM CST
Avis Budget (CAR) penned a deal with Barloworld to operate its Budget Car Rental brand in southern Africa.
EXAM: 39.97 (+0.31), SPSC: 68.39 (+1.39), CAR: 62.30 (+1.04), SCOR: 53.35 (-1.10)

Avis Budget Group Grants Barloworld New License to Operate Budget Car Rental in Southern Africa
GlobeNewswire - Mon Feb 09, 3:30PM CST
Avis Budget Group (Nasdaq:CAR) today announced that it has signed an agreement with Barloworld Ltd, which operates the Avis Car Rental brand in southern Africa, to also operate the Budget Car Rental brand there, effective March 1, 2015. The agreement offers both companies an opportunity to leverage Barloworld's extensive knowledge of the car rental market to grow and develop the Budget brand across southern Africa.
CAR: 62.30 (+1.04)

Watch for Avis Budget Group to Potentially Pullback After Gaining 1.02% Yesterday
Comtex SmarTrend(R) - Wed Feb 04, 4:41PM CST
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $59.04 to a high of $61.23. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $60.11 on volume of 2.0 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: 62.30 (+1.04)

Avis is Recognized for Service Excellence at 2014 World Travel Awards
GlobeNewswire - Tue Feb 03, 9:00AM CST
Avis Car Rental has been named the "World's Leading Car Rental Company," the "World's Leading Luxury Car Rental Company" and its website, Avis.com, has been recognized as the "World's Leading Car Rental Company Website" at the 2014 World Travel Awards Grand Final event held in Anguilla.
CAR: 62.30 (+1.04)

Cruise Lines Navigate Between Strong Dollar, Cheap Oil
at Investor's Business Daily - Fri Jan 30, 4:45PM CST
Cruise stocks have sailed high since October as investors expected profits to catch a break from falling oil prices. Cruise ships, on average, burn 140 to 150 tons of fuel per day. Filling those tanks accounts for roughly 30% of operating expenses in...
MSG: 78.72 (+0.53), RCL: 75.56 (-1.19), CCL: 43.48 (-0.89), NCLH: 43.71 (-0.67), CAR: 62.30 (+1.04)

Look for Shares of Avis Budget Group to Potentially Rebound after Yesterday's 1.96% Sell Off
Comtex SmarTrend(R) - Thu Jan 29, 4:20PM CST
Avis Budget Group (NYSE:CAR) traded in a range yesterday that spanned from a low of $56.76 to a high of $59.86. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $58.89 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CAR: 62.30 (+1.04)

Avis Budget Group Completes $650 Million Asset-Backed Bond Offering
GlobeNewswire - Thu Jan 29, 1:00PM CST
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has completed an offering of $650 million of five-year, fixed-rate asset-backed bonds with a weighted average interest rate of approximately 2.7%.
CAR: 62.30 (+1.04)

Avis Budget Group Completes Acquisition of Its Avis and Budget Licensee for Norway, Sweden and Denmark
GlobeNewswire - Thu Jan 29, 9:04AM CST
Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has completed its previously announced acquisition of its licensee for the Avis and Budget brands in Norway, Sweden and Denmark. The licensee acquired operates both the Avis and Budget brands at major locations throughout the region including Oslo, Stockholm, Copenhagen and Sweden's Arlanda and Goteberg airports. The purchase price of approximately $50 million was funded with available cash.
CAR: 62.30 (+1.04)

Avis Budget Group acquires Scandinavian licensee
Seeking Alpha - at Seeking Alpha - Thu Jan 29, 8:10AM CST

CAR: 62.30 (+1.04)

Avis Budget Group Promotes Two Executives to Senior Leadership Team Positions
GlobeNewswire - Wed Jan 28, 9:30AM CST
Avis Budget Group, Inc. (Nasdaq:CAR) today announced the promotion of two senior executives: Gerard Insall has been named executive vice president and chief information officer (CIO), and Ned Linnen has been appointed executive vice president and chief human resources officer (CHRO). The two were previously senior vice presidents and chief officers of their respective areas.
CAR: 62.30 (+1.04)

AMERCO: Moving Your Portfolio In The Right Direction
James Melvin - at Seeking Alpha - Wed Jan 21, 2:42PM CST

UHAL: 323.00 (+2.62), CAR: 62.30 (+1.04)

Avis Budget Group to Announce Fourth Quarter and Full-Year 2014 Results on February 18
GlobeNewswire - Wed Jan 21, 9:05AM CST
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to report its fourth quarter and full-year 2014 results after the market close on Wednesday, February 18, 2015, and to host a conference call to discuss such results on Thursday, February 19, 2015 at 8:30 a.m. Eastern time.
CAR: 62.30 (+1.04)

Market Movers - Trucking Stocks - Hertz Global Holdings, Avis Budget, Swift Transportation, Ryder System, and JB Hunt Transport Services
PR Newswire - Tue Jan 20, 7:35AM 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), Ryder System Inc. (NYSE: R), and JB Hunt Transport Services Inc. (NASDAQ: JBHT). Free research reports can be accessed at links below. On Friday, January 16, 2015, the NASDAQ Composite ended at 4,634.38, up 1.39%, the Dow Jones Industrial Average advanced 1.10%, to finish the day at 17,511.57, and the S&P 500 closed at 2,019.42, up 1.34%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Industrials Sector Index ended the day at 469.58, up 0.68%, with the index also advancing 5.87% in the previous three months. Register for your complimentary reports at links below.
HTZ: 23.00 (-0.24), SWFT: 26.96 (+0.53), JBHT: 82.88 (+1.09), R: 93.92 (+0.41), CAR: 62.30 (+1.04)

Avis Fortifies Presence in Singapore with 12th Location - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 19, 5:40PM CST
As a part of its ongoing global expansion strategy, Avis Car Rental, a unit of Avis Budget Group Inc. (CAR), opened its 12th rental station in Singapore at the Business Centre located at the lobby of Orchard Hotel.
EXAM: 39.97 (+0.31), HTZ: 23.00 (-0.24), CAR: 62.30 (+1.04), SCOR: 53.35 (-1.10)

Carl Icahn's 2 Recent Buys
Dan Dzombak, The Motley Fool - Motley Fool - Sun Jan 18, 10:07AM CST
Carl Icahn is known as an activist investor, a strategy he has pursued since 1980. He is also one of the most successful investors in the U.S. His estimated net worth of $25 billion ranks him as the second-richest investor in the U.S., behind Warren...
HTZ: 23.00 (-0.24), CAR: 62.30 (+1.04), NAV: 28.52 (+0.58), OSK: 46.70 (+0.69)

Avis Budget Group Has Returned 16.5% Since SmarTrend Recommendation (CAR)
Comtex SmarTrend(R) - Wed Jan 14, 4:53PM CST
SmarTrend identified an Uptrend for Avis Budget Group (NYSE:CAR) on October 21st, 2014 at $54.16. In approximately 3 months, Avis Budget Group has returned 16.50% as of today's recent price of $63.09.
CAR: 62.30 (+1.04)

Hertz Equipment Expands Further with New Sanford Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 14, 10:30AM CST
Equipment Rental Corporation ('HERC' , a wing of Hertz Global Holdings Inc. (HTZ), announced the opening of a new facility in Sanford, FL.
EXAM: 39.97 (+0.31), HTZ: 23.00 (-0.24), CAR: 62.30 (+1.04), SCOR: 53.35 (-1.10)




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