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Sunday, November 22, 2009 12:06 AM

Avis Budget Group Inc

Type: Company
Name: Avis Budget Group Inc
First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents
Dollar Thrifty Automotive Group Inc - Click to view 360-page
Dollar Thrifty Automotive Group Inc
Small rental car firms cry foul over on-site location at Tampa International
Tampa International Airport is moving ahead with a $10 million expansion of rental car garage space across from the main terminal. But two small off-site operations say they are being wrongfully excluded from leasing space in the garage just because they're, ... [St. Petersburg Times - 11/16/2009]
First Reported 11/18/2009 - Updated 11/18/2009 - 1 Documents
New York Stock Exchange - Click to view 360-page
New York Stock Exchange
Avis Budget Group Up 7.3% Since SmarTrend's Buy Recommendation - ...
Company: Carter-Wallace, Inc. (CAR)SmarTrend, our proprietary pattern recognition system, called an Uptrend for Avis Budget Group (NYSE:CAR) on November 09, 2009 at $10.19.Since then, Avis Budget Group has returned 7.3% as of today's recent price of $10.93. ... [Zibb - 11/18/2009]
First Reported 11/18/2009 - Updated 11/18/2009 - 1 Documents
Fleets face more rental price misery
The Avis Budget group has warned that it is likely to raise prices again next year.The news follows on from confirmation earlier this week that fleets that hire short-term rental vehicles from the group will also be charged for no-shows from early next ... [Fleet News - 11/18/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents
ACRA: It's Time to Address No-Show Fees
Listed below is an opinion piece written by ACRA President Bob Barton in regards to Avis Budget for taking a step toward obtaining credit card information for bookings to cover no-show fees. This piece will be featured in the Nov. 19 issue of Managem ... [Auto Rental News - 11/19/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 2 Documents (in Internet & IT)
Avis Budget Group, Inc. Q3 2009 Earnings Call Transcript
Avis Budget Group, Inc. (CAR) Q3 2009 Earnings Call November 3, 2009 9:00 am ETComplete Story » ... [Transcripts from Seeking Alpha - 11/03/2009]
First Reported 10/30/2009 - Updated 10/30/2009 - 2 Documents
Form 8-K AVIS BUDGET GROUP, INC. For: Oct 29
Visit StreetInsider.com at http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++AVIS+BUDGET+GROUP%2C+INC.+++For%3A+Oct+29/5061883.html for the full story. ... [Street Insider - 10/30/2009]
First Reported 11/02/2009 - Updated 11/02/2009 - 2 Documents (in Market News)
Avis Budget Group Reports Results for Third Quarter 2009
PARSIPPANY, N.J. -- (MARKET WIRE) Avis Budget Group, Inc. (NYSE: CAR) today announced results for its third quarter, which ended September 30, 2009. The Company had revenue of $1.5 billion, a decrease of 14% versus third quarter 2008, and pretax income ... [Street Insider - 11/02/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 2 Documents (in Market News)
Avis Budget reports $57M profit
PARSIPPANY, N.J. - Avis Budget Group Inc. reported a small profit on Monday after losing $1 billion a year earlier on write-downs.The car-rental company said it earned $57 million, or 54 cents per share, during the third quarter, which ended Sept. 30. ... [CNBC - 11/03/2009]
First Reported 10/30/2009 - Updated 10/30/2009 - 2 Documents
Trading Outlook for Avis Budget Group Inc. Issued by
DALLAS, Oct. 30, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Avis Budget Group Inc. (NYSE:CAR). The report includes financial, comparative and investment analyses, and pertinent industry information you need to ... [GlobeNewswire via MSN Money - 10/30/2009]
First Reported 11/13/2009 - Updated 11/13/2009 - 2 Documents (in Politics)
Car renters National, Alamo coming to TIA
TAMPA - Tampa International Airport expects to accommodate its seventh and eighth rental car companies - Alamo and National - at its main terminal rental facility by September under plans the Hillsborough County Aviation Authority advanced this morni ... [Tampa Bay Online - 11/13/2009]
First Reported 11/13/2009 - Updated 11/13/2009 - 1 Documents
Momentum Sectors Carry Into Weekend
Over the last week, top sectors have moved higher by nearly 10% -- here are some of the top groups carrying momentum into the weekend. The Dry Bulk Shipping Stocks Index has shot higher by 9.8% this week. Genco Shipping & Trading (NYSE: GNK) and Diana ... [Street Insider - 11/13/2009]
First Reported 11/14/2009 - Updated 11/14/2009 - 1 Documents
MMK Partners Publishes Coverage on Public RACs
MKM Partners LLC, an institutional equity trading and research firm, has initiated coverage on Avis Budget Group, Dollar Thrifty Automotive Group and Hertz Global Holdings as follows:Initiating coverage on Avis Budget with a Buy rating and an $18 price ... [Auto Rental News - 11/14/2009]

Quotes

...Airport officials say their policy is that on-airport rental car agencies should "reflect the majority of the Tampa airport car rental market." That leaves out Payless and U-Save, which make up 2 percent and less than 1 percent of airport rentals respectively
Small rental car firms cry foul over on-site location at Tampa International [St. Petersburg Times - 11/13/2009]
"The operating trends that characterized the second quarter continued into the third quarter, with strong domestic leisure pricing, up 13 percent year-over-year, offsetting soft demand levels. Domestic pricing increased 9 percent across the Avis and Budget brands, reflecting gains in both leisure and commercial segments. We remained intensely focused on controlling expenses throughout our operations and have increased our forecast of realized cost savings for 2009 to $350-400 million" said Ronald L Nelson, Avis Budget Group chairman and chief executive officer
Avis Budget Group Reports Revenue Dip, Earnings Boost [Auto Rental News - 11/05/2009]
Joe Nothwang, Hertz executive vice-president, made a similar remark in a May 28 conference call with industry analysts. "People rent cars because of the specific functionality of the vehicle they're going to rent. If you've got two couples going to Hilton Head to play golf, a Ford Focus just isn't going to hack it, so they go with the sport-utility" he said. Nor are the rental companies experiencing a sharp drop in demand overall, unlike the Detroit Three automakers...
Driving for Business, Rental Fleets Go Green [BusinessWeek - 11/05/2009]
...our forecast of realized cost savings for 2009 to $350-400 million,' said Ronald L Nelson, Avis Budget Group Chairman and Chief Executive Officer. "The strength of the used car market definitely provided some wind at our back during the quarter, allowing us to actively manage the fleet in concert with demand to optimize pricing. Despite revenues that were almost $240 million lower than last year, the combination of strong pricing, cost reduction initiatives and aggressive fleet management enabled us to deliver strong gains in EBITDA versus last year's third quarter results" Mr. Nelson said. Executive Summary
Avis Budget Group Reports Results for Third Quarter 2009 [Street Insider - 11/02/2009]

More Content

All (112) | News (97) | Reports (1) | Blogs (12) | Audio/Video (0) | Fact Sheets (2)
sort by: Date | Relevance
ACRA: It's Time to Address No-Show Fees [Auto Rental News - 11/19/2009]
Fleets face more rental price misery [Fleet News - 11/18/2009]
Avis Budget Group Up 7.3% Since SmarTrend's Buy... [Zibb - 11/18/2009]
Billionaire’s divorce could be lucrative for U.S. [MSNBC via MSN Money - 11/17/2009]
U.S. may get billions in Forbes' divorce decree [MSNBC via MSN Money - 11/17/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Forbes.com - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Street Insider - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Earthtimes.org - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Business Wire UK - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Business Wire UK - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Earthtimes.org - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Business Wire - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Stockwatch - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Yahoo! Canada - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [FinanzNachrichten.de - 11/16/2009]
e-Dialog Honored with Two W3 Awards for Creativ... [Business Wire via MSN Money - 11/16/2009]
Small rental car firms cry foul over on-site lo... [St. Petersburg Times - 11/16/2009]
BAW/BAWP - Barloworld Limited - Results for the... [Sharenet - 11/16/2009]
Avis Budget Notifies GDS Firms of Potential No-... [Auto Rental News - 11/14/2009]
MMK Partners Publishes Coverage on Public RACs [Auto Rental News - 11/14/2009]
Momentum Sectors Carry Into Weekend [Street Insider - 11/13/2009]
XM Canada Reports Revenue Growth in Fiscal '09 [Broadcaster Magazine - 11/13/2009]
Car renters National, Alamo coming to TIA [Tampa Bay Online - 11/13/2009]
Car renters National, Alamo coming to TIA [Individual.com - 11/13/2009]
Small rental car firms cry foul over on-site lo... [St. Petersburg Times - 11/13/2009]
Greener travel and lodging options [Womens Adventure Magazine - 11/11/2009]
Avis Budget Group Announces Fees for No-Show Re... [BreakingTravelNews - 11/10/2009]
STOCKS NEWS US-EU says U.S. comment on Oracle/S... [FinanzNachrichten.de - 11/10/2009]
Catch green planes, trains, and automobiles [Yahoo! Green - 11/09/2009]
e-Dialog Honored in Globe 100’s Top Plac... [Business Wire via MSN Money - 11/09/2009]
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In Focus
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Greg Byrne, Bernard Madoff, Walter Forbes, [more]
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New York Stock Exchange, Dollar Thrifty Automotive Group Inc, Avis Europe plc, [more]
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AARP, It's Time, Federal Reserve System, [more]
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8-k, EBITDA, 10-q, [more]
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Avis (United States), Parsippany, New Brunswick (United States), [more]
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United States, New Zealand, Australia, [more]
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Financial Reporting, Internet & IT, Enviromental science, [more]
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Travel & Hospitality, Autos, Transportation, [more]
Street Insider, Auto Rental News, Individual.com, [more]
Content Volume
Network
Trends

Blogs

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Avis Budget Group, Inc. Q3 2009 Earnings Call T... [Transport Sector and Stocks Analysis from Seeki ... - 11/03/2009]
Avis Budget Group, Inc. (CAR) Q3 2009 Earnings Call November 3, 2009 9:00 am ETComplete Story » ...
Earnings highlights: Alcoa, Costco, Family Doll... [BloggingStocks - 10/10/2009]
Filed under: Earnings reports, Coca-Cola (KO), PepsiCo (PEP), Alcoa Inc (AA), Clorox Co (CLX), Costco Wholesale (COST), Family Dollar Stores (FDO), Yum Brands (YUM), ...
Time to Sell Avis [Short Stock Ideas from Seeking Alpha - 10/08/2009]
Avis Budget Group (CAR) is up 16.5 times since the beginning of the year, and more if your starting point is the March 9 low. Of course the stock first collapsed ...
Time to Sell Avis [Transport Sector and Stocks Analysis from Seeki ... - 10/08/2009]
Avis Budget Group (CAR) is up 16.5 times since the beginning of the year, and more if your starting point is the March 9 low. Of course the stock first collapsed ...
Avis Budget (CAR) issues earnings warning [BloggingStocks - 10/07/2009]
Filed under: Forecasts, Options, Technical AnalysisAvis Budget Group (NYSE: CAR - option chain) stock traded lower Wednesday after the company said a proposed offering ...
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