Avis Budget Group Inc


  • Rise of the car-sharing apps poses threat to auto sector Thursday, 18 Dec 2014 | 10:15 AM ET

    The rise of the likes of car hire app Zipcar and car-pooling rival BlaBlaCar are expected to present new challenges to mass-market carmakers such as Ford, GM, Volvo, Renault and Volkswagen while presenting fresh opportunities for existing rental networks. Online taxi business Uber is another seeking a slice of the market with its UberPop operation, which...

  • Hertz's shares rose as much as 5 percent after the No. 2 U.S. car rental company said it had begun the search for a replacement. Brian MacDonald, CEO of Hertz's equipment rental business, which will soon be spun off, was named interim chief executive.

  • Qantas stays loyal to its frequent flyer "cash cow" Sunday, 31 Aug 2014 | 5:00 PM ET

    SYDNEY, Sept 1- Australia's flagship airline, Qantas Airways Ltd, is making a mint helping other companies keep their customers- even as it struggles to retain the loyalty of its own. Rival carrier Virgin Australia Holdings announced on Friday it was offloading a stake in its loyalty plan.

  • Hertz, Avis Budget Group Inc and market leader Enterprise Rent-A-Car control about 90 percent of the U.S. car rental market. And more so Hertz, than Avis, since cars are made by General Motors Co account for a bigger portion of its fleet.

  • Hertz's stock falls after car rental firm pulls forecast Wednesday, 20 Aug 2014 | 8:54 AM ET

    Hertz expects 2014 results to be "well below" its previous guidance due to business challenges and costs related to a review of the past three years' results, it said in a regulatory filing on Tuesday.

  • After-hours buzz: La-Z-Boy, Hertz, Apple & more Tuesday, 19 Aug 2014 | 5:23 PM ET

    Check out which companies are making headlines after the bell Tuesday: Elizabeth Arden, La-Z-Boy & more.

  • Retail giant way off-Target, may signal trouble Tuesday, 5 Aug 2014 | 9:48 AM ET

    Are Target's troubles merely anomalies, or symptomatic of the economy's problems, despite strong earnings reports?

  • Early movers: COH, CVS, ADM, AIG, TM, SHLD & more Tuesday, 5 Aug 2014 | 7:35 AM ET
    A live market monitor is viewed on the floor of the New York Stock Exchange (NYSE).

    Some of the names on the move ahead of the open.

  • July 31- Car rental company Avis Budget Group raised its full-year revenue and profit forecast as demand rose in North America and the company raised prices. The company raised its full-year profit forecast to $2.75- $3.05 per share from $2.50- $2.95 earlier and revenue expectation to $8.6- $8.7 billion from $8.4- $8.6 billion earlier.

  • A live market monitor is viewed on the floor of the New York Stock Exchange (NYSE).

    Check out which companies are making headlines after the bell Monday: AIG, Avis, Tenet Healthcare & more.

  • Uber moves into business travel, expensing Tuesday, 29 Jul 2014 | 8:41 AM ET

    Ridesharing app Uber announces a service aimed at making the company more valuable for business travelers.

  • After fixes, flat stock no longer broken: Cramer Monday, 28 Jul 2014 | 6:24 PM ET

    "At at this point, I think the company has gotten past many of the problems that have kept it down,” Jim Cramer said.

  • COLUMN-U.S. transportation stocks for the long haul Monday, 7 Jul 2014 | 1:42 PM ET

    CHICAGO, July 7- As North Americans hit the highways, airports and rails for vacations this summer, it's not hard to believe that some of the most robust stocks are in the transportation industry- particularly in an improving economy.

  • Want to profit from Uber? Do this, pro says Wednesday, 25 Jun 2014 | 4:17 PM ET

    Investors may not be able to directly cash in on Uber's success, but can instead look at car rental companies it will be disrupting—Hertz and Avis.

  • All hail, the king of the cab ride, a $17B fare Tuesday, 17 Jun 2014 | 6:00 AM ET
    Travis Kalanick, co-founder and CEO of Uber Technologies

    If there's a poster child for the sharing economy—both in popularity and controversy—taxi app Uber, valued at $17 billion, is hard to beat.

  • Oops! Hertz to restate 3 years of financial results Friday, 6 Jun 2014 | 12:02 PM ET

    Hertz Global Holdings said it would restate financial results for the past three years to correct accounting errors from 2011.

  • Renting a car? GM recalls may affect you, too Thursday, 22 May 2014 | 9:00 AM ET

    General Motors has recalled more than 13 million cars so far this year, which means fewer cars available on the rental lots for travelers.

  • Avis ‘darn cheap’, says Cramer, despite rally Friday, 16 May 2014 | 6:30 PM ET

    Year to date shares of Avis have rallied about 35%, yet Jim Cramer thinks the stock remains relatively cheap.

  • GM enlists rental companies for loaner cars Friday, 21 Mar 2014 | 10:09 AM ET

    In the event that GM runs out of vehicles to loan owners of its recalled vehicles, the automaker has lined up rental firms, according to a report.

  • Midday movers: Conn's, Blackberry, Coca-Cola & more Thursday, 20 Feb 2014 | 12:35 PM ET
    NYSE exchange floor

    Take a look at some of Thursday's midday movers: