Jim Cramer rattles off his take on caller favorite stocks, including the destruction of one car rental company. » Read More
The head of Zipcar told CNBC Wednesday an expanded partnership with Honda will give its members new hybrid and electric models to drive and maybe even put a dent in the auto industry.
The economic axiom “a rising tide lifts all the boats” is particularly true for the rental and leasing industry these days.
After a horrible September, the markets delivered a glorious October, only to have the goblins ruin November, which turned out to be a big turkey. So will we see a Santa Claus Rally at the end of the year? And if so, what stocks should we be buying here?
Stocks ended mixed after moving between small gains and losses Tuesday, as investors kept their focus on developments in the euro zone and ahead of Alcoa's results, which marks the beginning of third-quarter earnings season.
It's down to...Slovakia? European stocks and U.S. shares slipped late morning on word the vote in Slovakia on approval of the European Financial Stability Facility expansion was looking a bit more doubtful.
Futures slipped Tuesday following a sharp rally in the previous session and as investors stayed cautious ahead of a key vote in Slovakia to expand the euro zone rescue fund.
Stocks closed off their best levels but were still sharply higher Wednesday in another volatile session after Greek, French and German leaders renewed their pledges to aid Greece, soothing investor fears over recent rumors of a default.
The private sector has walked away from Europe as sovereign credit erodes in the euro zone and piled into cash. Fixing the European crisis will take at least five to 10 years, said Larry Fink, Chairman and CEO of BlackRock.
The “Mad Money” host takes a look at the top performing stocks since the market bottom to see what lessons can be learned.
The bears slammed Hertz along with most other stocks yesterday, but option traders see the car-rental giant driving higher by next spring.
Shares of Hertz sold off with the rest of the market yesterday, but some option traders were looking for upside into September.
Merger arbitrage investors are braced for a second consecutive month of losses with a string of unexpected upsets leading to a difficult period for the hedge fund strategy, the FT reports.
Stocks slipped slightly from session highs but still closed broadly higher Tuesday, led by gains in the energy sector, following a handful of economic news that helped boost market confidence.
Stocks pointed to a higher close Tuesday after a handful of economic data helped boost market confidence and after Fed chairman Ben Bernanke said failure to raise debt ceiling could result in severe market disruption.
With few earnings and economics reports lately, the markets have been missing any catalysts to spark a move to the upside over the past 1.5 weeks. They are finally getting one today, and that’s leading to a broad-based rally with 8 stocks rising for every 1 that’s down.
Stocks rallied over 1 percent Tuesday following a handful of economic data that helped boost investor confidence and after China's robust industrial production report.
It’s over. The on-again, off-again battle between Hertz and Avis to buy Dollar Thrifty has effectively ended, given Avis' decision to spend a billion dollars in cash to buy Avis Europe.
After months of negotiations and delay, Avis Budget Group has finally received specifics from the Federal Trade Commission about what it must do in order to move ahead with any purchase of Dollar Thrifty Automotive Group.
Dollar Thrifty Automotive will cooperate with Hertz to get antitrust clearance for Hertz's $2.25 billion acquisition offer for the smaller car-rental chain.
Economic prosperity comes from open markets and a "level playing field," James Dinan, chairman and CEO of York Capital Management, told CNBC Wednesday.