Avis Budget Group Inc


  • Why Zipcar's Founder Didn't Get Rich in the Deal Wednesday, 2 Jan 2013 | 5:03 PM ET

    While Avis Budget is paying nearly $500 million for the short-term car-rental company, Zipcar's founders are not among the largest shareholders.

  • Stocks kicked off the first trading day of 2013 with a sharp 2-percent rally across the board fueled by the last-minute budget deal by lawmakers to avert the "fiscal cliff" that would have pushed the economy into recession.

  • Avis Buys Zipcar in All-Cash Deal   Wednesday, 2 Jan 2013 | 11:17 AM ET
    Avis Buys Zipcar in All-Cash Deal

    CNBC's Phil LeBeau has the details on Avis Budget Group acquiring car-sharing service Zipcar in a nearly $500 million deal.

  • Avis to Buy Zipcar   Wednesday, 2 Jan 2013 | 9:17 AM ET
    Avis to Buy Zipcar

    The "Squawk on the Street" crew reports shares of Zipcar are soaring on news the car-sharing service agreed to be acquired by Avis Budget Group for $500 million or $12.25 a share in cash.

  • Futures Soar, Lifted by 'Fiscal Cliff' Deal Wednesday, 2 Jan 2013 | 8:32 AM ET

    U.S. stock index futures indicated a sharply higher open for Wall Street’s first trading day of 2013, after the U.S. House of Representatives finally approved a bill to avert the "fiscal cliff."

  • Early Movers: ZIP, WYNN, MT & More Wednesday, 2 Jan 2013 | 7:26 AM ET

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

  • Avis Budget Enters Car-Sharing Market With Zipcar Buy Wednesday, 2 Jan 2013 | 7:11 AM ET

    Avis Budget Group said it will buy Zipcar for about $500 million in cash to enter the fast-growing U.S. car-sharing market.

  • Sandy Creates Rental-Car Shortage for Thanksgiving Wednesday, 21 Nov 2012 | 10:25 AM ET
    Sandy Creates Rental-Car Shortage for Thanksgiving

    Holiday travelers who waited to book a rental car in the Northeast for Thanksgiving may be out of luck as Super Storm Sandy has created a shortage.

  • Enterprise Holdings provides half of all car rentals in the $22 billion U.S. car rental market, and has a big lead over No. 2 Hertz Global Holdings Inc, even after that company buys Dollar Thrifty Automotive Group.

  • BRIEF-Carrefour shares rise 5 pct after Q3 sales Thursday, 11 Oct 2012 | 3:08 AM ET

    PARIS, Oct 11- Carrefour SA:.

  • French and Benelux stocks-Factors to watch on Oct 11 Thursday, 11 Oct 2012 | 1:26 AM ET

    EDF Chief Executive Henri Proglio is expected to step down from French utility Veolia's board, French daily Les Echos reported. Europe's car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.

  • STOCKS NEWS EUROPE-UK small caps close down 0.1 pct Tuesday, 9 Oct 2012 | 12:01 AM ET

    UK small caps close down 0.1 percent, outperforming a 0.5 percent decline on both the blue chip FTSE 100 index and the mid-caps. Shares in Carclo add 6.2 percent in four times their average daily volumes after the British specialty plastics company forecast a "much stronger second half" for operating profit.

  • Oct 5- Avis Budget Group Inc:. *On October 1, 2012, unit entered into an agreement for the purchase of. *Deal sets forth terms related to ABCR's purchase of vehicles from GM dealers.

  • Oct 4- CANADA REAL ESTATE COs:. *Raymond James Starts Allied Properties Real Estate Investment Trust. *Raymond James Starts Amica Mature Lifestyles Inc with outperform.