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Stock Market & Financial Investment News

News Breaks
June 2, 2014
10:28 EDTCARAvis Budget sees doing tuck-in deals
Sees spending on tuck-in deals in 1H $150M. Says expects to repurchase $200M-$300M of stock this year. Says pricing to have positive effect in the future. Comments made at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference.
News For CAR From The Last 14 Days
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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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