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Stock Market & Financial Investment News

News Breaks
January 2, 2013
06:44 EDTCARAvis Budget says demand has been robust since Hurricane Sandy in N.A.
In North America, says demand has been robust since Hurricane Sandy. Says leisure pricing has benefited from pricing actions and fleet tightness, says used car market has been solid. Says International and Truck Rental operations have been performing as expected.
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October 1, 2014
06:16 EDTCARAvis Budget higher fleet costs righted by year-end, says JPMorgan
JPMorgan believes the higher fleet costs noted yesterday by Avis Budget is more of a transitory issue that will be righted by year-end. The firm views yesterday's pullback in shares as a buying opportunity and keeps an Overweight rating on Avis Budget with a reduced price target of $68.
September 30, 2014
16:22 EDTCAROn The Fly: Closing Wrap
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14:53 EDTCARAvis Budget falls after CFO calls high end of EBITDA goal 'challenging'
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14:25 EDTCARAvis Budget recommended strongly on weakness at MKM Partners
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13:33 EDTCARAvis Budget sees roughly $1B of free cash flow in 2014-2015
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