Avis Budget Group
Latest Avis Budget Group News
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Zipcar, Marriott, Qualcomm Are Market Movers
ore operations to an Asian-led consortium for $1.1 billion. Nasdaq Zipcar Inc., up $3.94 at $12.18 Avis Budget Group Inc . is expanding its offerings from traditional car rentals by buying the car sharing company for $491.2 million
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Avis Buying Zipcar in Deal Worth Nearly $500M
expected to be its first-ever profitable year. Avis Budget Group Inc . is the third-largest U.S. rental car company through combining the two businesses into one. Avis Budget Group Inc . will pay $12.25 per share, which is a 49 percent
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Avis Buying Zipcar in Deal Worth Nearly $500M
a car by the day, Zipcar and Hertz on Demand are generally more expensive for rentals longer than 24 hours. Avis Budget Group Inc . will pay $12.25 per share, which is a 49 percent premium to Zipcar's closing price on Friday. The companies
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Avis Buying Zipcar in Deal Worth Nearly $500M
a car by the day, Zipcar and Hertz on Demand are generally more expensive for rentals longer than 24 hours. Avis Budget Group Inc . will pay $12.25 per share, which is a 49 percent premium to Zipcar's closing price on Friday. The companies
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Markets Surge After Fiscal Cliff Deal
out at the end of December. Without the fix dairy subsidies would have plunged, and milk prices could have doubled. Avis Budget Group (Nasdaq:CAR) is buying Zipcar (Nasdaq:ZIP) , the world's leading car sharing network. According to today's
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Avis Buying Zipcar in Deal Worth Nearly $500M
Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services. Avis Budget Group Inc . will pay $12.25 per share, which is a 49 percent premium to the company's Friday closing price. The companies
News
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Hertz buying Dollar Thrifty for about $2.3 billion
the U.S. airport market behind Avis Budget Group , which has 26% of the market, and Dollar Thrifty that started in 2010. Avis Budget Group was also in the mix, pursuing a bid Holdings spokeswoman Laura Bryant and Avis Budget Group spokeswoman Alice Pereira say they
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More hybrid, electric cars available to rent
fuel-efficient rental options open to travelers: • Avis Budget Group has added Chevy Volt electric cars to its fleet at New York's the charging stations. John Barrows, a spokesman for Avis Budget Group , acknowledges that the higher daily rates could offset
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Mom Launches Fight Against Enterprise Rental Car Companyamendment. In a statement, an Avis spokesman said his company was also weighing the Hertz deal. "It has always been Avis Budget Group 's view that recall issues should be resolved on a federal level, rather than a 50-state patchwork solution," said
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Hertz agrees to government oversight of recalled cars
therefore, is well-meaning but unnecessary," she says. Avis Budget Group spokesman John Barrows says rental car companies would limousine companies untouched. Nonetheless, Barrows says, Avis Budget Group has been reviewing the agreement between Hertz and consumer
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Rental cars also going smoke-free
rooms," says Perigo, a consultant in Woodstock, Md. Four car-rental brands have already gotten the message. The Avis Budget Group on Feb. 9 was named winner of the National Smoke-Free Business Award for its September 2009 decision to ban smoking
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Toyota Recall: Did the Motor Giant Drag Its Feet While Drivers Died?will suspend rentals of Toyotas and the Pontiac Vibe. Enterpise Holdings, operators of Enteprise, National and Alamo, joined Hertz and Avis Budget Group in pulling the cars from their rental fleets. Click Here for the Blotter Homepage.
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Leverage and low prices help heat up hot funds
The tiny $2.5 million fund made a big hit with Dollar Thrifty Automotive, up 1,919% the past six months, and Avis Budget Group , up 1,538%. What makes the hot funds hot: •Lots of leverage. Many of the top performers, such as Direxion Financial
