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Stock Market & Financial Investment News

News Breaks
February 12, 2013
08:13 EDTCAR, ZIPAvis Budget announces U.S. antitrust clearance for Zipcar deal
Avis Budget Group (CAR) and Zipcar (ZIP) announced that the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on February 11, in connection with Avis Budget's previously announced agreement to acquire Zipcar. The closing of the transaction remains subject to other customary conditions, including approval by Zipcar shareholders and review by UK competition authorities. The companies currently expect Avis Budget Group's acquisition of Zipcar to be completed in March or April 2013.
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June 18, 2013
14:16 EDTCARFlightCar undercutting Hertz, Avis at airport, ABC News reports
FlightCar is undercutting Hertz Global (HTZ) and Avis Budget (CAR) at San Francisco International Airport by offering rental cars for as low as $21 per day, ABC News reports. The start-up, run by teenagers, offers travelers free parking, a free car wash, and a cut of the rental fee to rent their cars out while they travel. Reference Link
June 14, 2013
13:51 EDTCARVirgin interested in Hertz's Advantage brand, Bloomberg reports
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June 12, 2013
14:01 EDTCARAvis Budget forms new partnership with Club Premier
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June 10, 2013
07:11 EDTCARNational Investor Relations Institute to host conference
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June 4, 2013
07:48 EDTCARGoldman to host a conference
Lodging, Gaming, Restaurant & Leisure Conference is being held in New York on June 3-4 with webcasted company presentations to begin on June 4 at 7:45 am; not all company presentations may be webcasted. Webcast Link

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