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Avis Budget Reaches New Agreement With SRS Investment Management, Adds $300 Million To Share Repurchase Authorization
Tuesday, January 26, 2016 - 11:56am | 428Shares of Avis Budget Group Inc. (NASDAQ: CAR) surged higher by more than 6 percent on Tuesday after the company announced it has entered into a new agreement with its largest stockholder and also announced an update to its stock repurchase authorization. Avis Budget Group detailed a new...
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Mixed Economic Data, Ebola Scares Rattle Markets
Wednesday, October 1, 2014 - 5:02pm | 1696U.S. stocks declined sharply as investors digest reports of a confirmed case of Ebola in the United States. In addition, economic data released on Wednesday was mixed, at best. Construction spending fell during August while ISM manufacturing came in weaker than expected. Bulls are hoping that...
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Earnings Expectations For The Week Of May 5: Disney, Pfizer, Tesla And More
Sunday, May 4, 2014 - 5:46pm | 1225Highlights on the earnings front this week include scheduled quarterly reports from Disney, Keurig Green Mountain, Pfizer and Whole Foods Market, which are expected to post year-over-year earnings gains. Analysts expect Tesla Motors to say its earnings declined, and for Groupon and SolarCity to...
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Avis Budget Group In-Line With Earnings Pre-Announcement
Thursday, November 4, 2010 - 8:40am | 168Goldman Sachs has published a research report on Avis Budget Group (NYSE: CAR) after the company reported 3Q results that were in-line with its October 7 pre-announcement. In the report, Goldman Sachs writes "after the close, Avis Budget reported 3Q2010 earnings that were inline with the company's...