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Hertz to Acquire Dollar Thrifty
Monday, August 27, 2012 - 9:34am | 435Car rental giant Hertz Global Holdings (NYSE: HTZ) is about to buy rival Dollar Thrifty Automotive Group (NYSE: DTG) for roughly $2.3 billion. According to the Associated Press, the purchase will give Hertz more ways to attract business and leisure travelers, along with giving the company an...
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What to Expect from Earnings in the Rental Car Industry
Monday, July 30, 2012 - 7:03am | 781The Street has its eyes on the rental car industry as Hertz Global (NYSE: HTZ), Avis Budget Group (NASDAQ: CAR), Dollar Thrifty Automotive Group (NYSE: DTG) and Zipcar (NASDAQ: ZIP) report earnings this week. Amid concerns of softening across the sector due in part to macro outlook and automobile...