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Stock Market & Financial Investment News

News Breaks
January 2, 2013
09:14 EDTZIP, CARAvis Budget sees fleet utilization generating $20M+ in synergies
News For CAR;ZIP From The Last 14 Days
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August 4, 2015
06:16 EDTCARHertz to close rental-by-the-hour service, NY Post reports
Hertz (HTZ) will exit its rental-by-the-hour business on August 31, two years after jumping into the sector to compete with Avis' (CAR) Zipcar, the New York Post reports. The reason for the move is weak demand, the report says. Reference Link
August 3, 2015
19:01 EDTCAROn The Fly: After Hours Movers
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16:33 EDTCARAvis Budget lowers FY15 revenue view to $8.6B-$8.7B from $8.8B
FY15 consensus $8.76B. Narrows FY15 adjusted EBITDA view to approximately $900M-$950M from $900M-$1B.
16:31 EDTCARAvis Budget narrows FY15 EPS view to $3.15-$3.45 from $3.15-$3.75
FY15 consensus $3.40.
16:29 EDTCARAvis Budget authorizes additional $250M of share repurchases
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16:28 EDTCARAvis Budget narrows FY15 earnings outlook
16:28 EDTCARAvis Budget authorizes additional $250M of share repurchases
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16:28 EDTCARAvis Budget reports Q2 EPS 84c, consensus 68c
Reports Q2 revenue $2.2B, consensus $2.24B.
08:25 EDTCARMobileye, Delphi named Volkswagen supplier partners for ADAS
On Friday, Volkswagen Group (VLKAY) announced it has nominated the first 44 suppliers who will be collaborating with the Group on a new common strategic level under the joint "Future Automotive Supply Tracks," or "FAST," initiative. "These suppliers were chosen for their outstanding performance in their respective field of competence based on a systematic selection process," Volkswagen stated. Mobileye (MBLY) and Delphi (DLPH) were each named as partners for ADAS, or advanced driver assistance systems. Other supplier partners named by the German automaker included NVIDIA (NVDA), Vodafone (VOD), IBM (IBM), Avis Budget (CAR), Corning (GLW), Honeywell (HON), BP (BP) and Exxon Mobil (XOM).

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