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News Breaks
March 10, 2014
07:48 EDTURIUnited Rentals acquisition positive, says Oppenheimer
After United Rentals agreed to buy the second largest specialty pump rental company in North America, called National Pump, Oppenheimer indicates that it views the acquired company as a higher growth/margin/ROIC specialty rental asset. The firm thinks the deal will provide United Rentals with strong expansion/cross-selling opportunities. It keeps a $99 price target and Outperform rating on United Rentals.
News For URI From The Last 14 Days
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May 29, 2015
16:44 EDTURIStocks end week lower as GDP revision closes May on down note
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10:53 EDTURIUnited Rentals breaks to session lows, levels to watch
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10:45 EDTURIOptions with increasing volume
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10:09 EDTURIHigh option volume stocks
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10:01 EDTURIOn The Fly: Analyst Downgrade Summary
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09:38 EDTURIUnited Rentals falls, levels to watch
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07:53 EDTURIUnited Rentals downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill's Ross Gilardi downgraded United Rentals to Underperform and lowered his price target on shares to $80 from $108. Gilardi said pricing power continues to be pressured by the collapse in crude and the slowdown in the U.S. economy. He believes reduced pricing power is a sign of emerging oversupply and indicates a peak in the aerial work platform cycle.
May 28, 2015
16:29 EDTURIOn The Fly: Top stock stories for Thursday
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13:19 EDTURIOn The Fly: Top stock stories at midday
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12:39 EDTURIUnited Rentals weakness a buying opportunity, says UBS
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11:18 EDTURIUnited Rentals pullback a buying opportunity, says Piper Jaffray
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10:20 EDTURIUnited Rentals: May revenue 'ofter than we had in mind,' Bloomberg says
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09:59 EDTURIUnited Rentals, Terex sell off following conference presentations
Shares of United Rentals are moving lower following the conclusion of the company's presentation at KeyBanc's Industrial, Automotive and Transportation Conference. The weakness is being attributed to management saying May has been weaker than April, according to contacts. Shares of United Rentals are down 7%, or $6.99, to $97.51 in early trading. Shares of Terex (TEX) are down 7%, or $1.95, to $26.18 following the company's presentation last night at the same conference. While Terex did reaffirm its 2015 outlook, the company highlighted a "challenging environment." The company noted "difficult end market demand," especially in Cranes and Materials Processing.
09:45 EDTURIUnited Rentals falls 5% after presenting at KeyBanc conference
09:42 EDTURIUnited Rentals falls 5%, or $5.32, to $99.18
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May 26, 2015
16:37 EDTURIUnited Rentals adds ten locations in Canada and the U.S.
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May 19, 2015
12:32 EDTURIUnited Rentals management to meet with Jefferies
Meetings to be held in London/Zurich on May 20-21 hosted by Jefferies.

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