Latest News
Tuesday January 6, 2009 — Zacks.com: Analyst Blog
The near-term outlook for the Avis Budget Group (CAR) is difficult to ascertain. The truck rental business is experiencing pricing pressure and the economy is weakening. Revenue enhancement and cost cutting initiatives have been implemented that should fuel significant financial improveme...
Monday December 29, 2008 — Investing Intelligently
A lot has happened recently. My wife is expecting in April, we bought our first new car, and I recently changed teams at work and turned down an interview at another company.
Baby: Our first baby is on the way and everything is healthy and good so far. We’ve received a few gifts so far and t...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Thursday November 20, 2008 — Standard & Poor's
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the SP MidCap 400 and SP SmallCap 600 indices after the close of trading on Friday, November 21: -- SP SmallCap 600 constituent Southern Union Co. will
replace Avis Budget Group Inc. in the SP MidCa...
Friday November 7, 2008 — Avis Budget Group, Inc.
PARSIPPANY, N.J., Nov. 6 /PRNewswire-FirstCall/ -- Avis Budget Group, Inc. today reported results for its third quarter, which ended September 30, 2008. For the third quarter, revenue was $1.7 billion, virtually the same as in third quarter 2007. EBITDA totaled $141 million and pretax income w...
Tuesday October 28, 2008 — Avis Budget Group, Inc.
PARSIPPANY, N.J., Oct. 27 /PRNewswire-FirstCall/ -- Avis Budget Group, Inc. , a leading provider of vehicle rental services, today announced preliminary results for its third quarter, which ended September 30, 2008.Revenues are expected to total $1.7 billion in the quarter; EBITDA is expected to ...
Friday October 10, 2008 — Zacks.com: Analyst Blog
The near-term outlook for the Avis Budget Group (CAR) is difficult to ascertain. The truck rental business is experiencing pricing pressure and the economy is weakening. Revenue enhancement and cost-cutting initiatives have been implemented that should fuel significant financial improveme...
Tuesday September 23, 2008 — Zacks.com: Analyst Blog
Avis Budget Group (CAR) is comprised of the vehicle rental operations of Avis Rent-A-Car, Budget Rent-A-Car, and Budget Truck Rental. Avis is the world's second largest general-use car rental business with over 2,200 locations in the United States, Canada, Australia, New Zealand and the L...
Thursday August 7, 2008 — Avis Budget Group, Inc.
PARSIPPANY, N.J., Aug. 6 /PRNewswire-FirstCall/ -- Avis Budget Group, Inc. today reported results for its second quarter, which ended June 30, 2008. For the second quarter, revenue grew to $1.6 billion, an increase of 4% versus second quarter 2007. EBITDA totaled $77 million and pretax income ...
Tuesday July 8, 2008 — Avis Rent A Car System, LLC
PARSIPPANY, N.J., July 8 /PRNewswire/ -- Avis Rent A Car today announced that it is helping customers enjoy the ride with the very best of summer literature and music available free, just for renting from Avis. Now through September 30, 2008, customers who rent for five or more days can download...
Wednesday July 2, 2008 — Avis Budget Group, Inc.
PARSIPPANY, N.J., July 2 /PRNewswire-FirstCall/ -- Avis Budget Group, Inc. today commented on events and trends impacting the vehicle services operating climate and the Company's financial performance."While our cost-saving efforts related to our Performance Excellence initiative are acceleratin...
Friday June 27, 2008 — Zacks.com: Analyst Blog
The near-term outlook for Avis Budget Group (CAR) is difficult to ascertain. The truck rental business is experiencing pricing pressure and the economy is weakening. However, the management is now more focused on operations after the restructuring in 2007.
Revenue enhancement and cost c...
Monday June 23, 2008 — Budget Truck Rental
PARSIPPANY, N.J., June 23 /PRNewswire/ -- Planning your next do-it-yourself move is now easier than ever, thanks to enhancements to Budget Truck Rental's Web site that have helped make it the industry's highest rated in user satisfaction, according to a recent study.Asked which Web site they were...
Friday June 20, 2008 — Southwest Airlines
DALLAS, June 19 /PRNewswire-FirstCall/ -- Southwest Airlines announced today that the carrier's award-winning frequent flyer program, Rapid Rewards, has added Avis Rent A Car as a new Preferred Partner. The Avis alliance will allow the Southwest Airlines' Rapid Rewards program to acquire new Mem...
Friday May 30, 2008 — Avis Budget Group
PARSIPPANY, N.J., May 29 /PRNewswire-FirstCall/ -- Avis Budget Group , a leading provider of vehicle rental services, today announced that David B. Wyshner, executive vice president and chief financial officer, is scheduled to participate in a panel discussion at the Goldman Sachs Lodging, Gaming...
Friday May 30, 2008 — Avis Budget Group
PARSIPPANY, N.J., May 29 /PRNewswire-FirstCall/ -- Avis Budget Group, parent company of Avis Rent A Car and Budget Rent A Car, today announced that its Global Position System (GPS) navigation system, where2(R), recently surpassed two million transactions from Avis and Budget customers since its l...
Thursday May 22, 2008 — Avis Budget Group
PARSIPPANY, N.J., May 21 /PRNewswire-FirstCall/ -- Avis Budget Group (the "Company") announced today that it has concluded an agreement with Assured Guaranty Corp. ("Assured") as a replacement provider of the financial guarantee insurance for $250 million of its asset backed notes maturing in 20...
Tuesday May 20, 2008 — Budget Rent A Car System, Inc.
PARSIPPANY, N.J., May 19 /PRNewswire/ -- Budget Rent A Car today announced that it has awarded members of the "Budget Business Program" more than $3 million in rebates since the program was introduced in May 2005. Designed for small and mid-sized businesses that spend up to $50,000 per year on ca...
Thursday May 15, 2008 — Avis Rent A Car System, LLC
PARSIPPANY, N.J., May 15 /PRNewswire/ -- Avis Rent A Car announced that it will discontinue the printing and distribution of scores of customer brochures and other collateral marketing materials. The effort is expected to reduce paper consumption by 100 tons per year, preserving about 1,500 tree...