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Deflation In The Eurozone Could Hurt These 3 Companies' Expansion Efforts
Friday, January 9, 2015 - 1:57pm | 399Read More...Data out Wednesday confirmed what many have been fearing; the eurozone slipped into a period of deflation in December. The report showed that consumer prices in the bloc fell 0.2 percent from a year earlier, a worrying sign that the region’s financial troubles may continue to worsen. If...
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Dollar Thrifty Earnings Preview: Q1 EPS Expected to Double
Tuesday, May 8, 2012 - 7:02am | 899Read More...Dollar Thrifty Automotive Group (NYSE: DTG), the auto rental provider that is still being pursued by Hertz (NYSE: HTZ), is scheduled to report its first-quarter 2012 results tomorrow, May 9, after the closing bell. In the previous report, the CEO said, "During 2011, we benefited from a robust...
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Earnings Preview: Avis Budget on a Roll
Tuesday, November 1, 2011 - 6:58am | 645Read More...Avis Budget Group (NASDAQ: CAR) is scheduled to report third-quarter 2011 results Wednesday, November 2, after the closing bell. Investors will be looking for a repeat of the second-quarter results, when the car and truck rental specialist said revenues rose for the fourth consecutive quarter and...
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Earnings Expectations for the Week of August 8
Sunday, August 7, 2011 - 12:02pm | 1072Read More...The focus this week, at least initially, will no doubt be on the effect of the downgrade of U.S. debt. But there will be plenty more earnings as well, including reports from Walt Disney (NYSE: DIS), News Corp. (NASDAQ: NWS), Cisco Systems (NASDAQ: CSCO) and Aol (NYSE: AOL). The parade of retail...
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ValuEngine Comments on Dollar Thrifty Valuation
Monday, July 25, 2011 - 9:22am | 147Read More...ValuEngine has published a research report on Dollar Thrifty (NYSE: DTG). In the report, ValuEngine wrote, "Based on available data as of Jul. 25, 2011, we believe that DTG should be trading at $60.78. This makes DTG 21.08% overvalued. Fair Value indicates what we believe the stock should be...
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Dollar Thrifty Tells Shareholders Not to Tender Shares
Monday, June 6, 2011 - 10:54am | 192Read More...Dollar Thrifty Automotive Group (NYSE: DTG) said its board of directors has unanimously recommended that stockholders not tender into the cash-and-stock offer made by Hertz Global Holdings (NYSE: HTZ) for a $2.25 billion buyout. Hertz has been competing with Avis Budget Group (NASDAQ: CAR) to...
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The Battle for Dollar Thrifty
Friday, December 3, 2010 - 1:21pm | 284Read More...(TheStreet) -- A takeover battle between Hertz(NYSE: HTZ) and Avis (NYSE: CAR) for Dollar Thrifty(NYSE: DTG) has taken investors on a joy ride this year, and that may continue as rising demand for cheap rentals and a rebound in business travel are driving an earnings rebound. Shares of Hertz, the...
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Hertz Affirms Deal Certainty as Avis Concedes Antitrust Hurdle
Tuesday, September 28, 2010 - 8:17am | 205Read More...Hertz Global Holdings, Inc. (NYSE: HTZ) today responded to a press release, dated September 27, 2010, issued by Avis Budget regarding the acquisition of Dollar Thrifty (NYSE: DTG). Mark P. Frissora, Chairman and Chief Executive Officer, said, "Instead of making a legitimate offer to purchase...
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Dollar Thrifty Shares Rise After Hertz Deal
Monday, September 13, 2010 - 3:33pm | 88Read More...Dollar Thrifty Automotive Group (NYSE: DTG) has accepted a hefty takeover bid from Hertz Global Holdings (NYSE: HTZ) for $50 per share. The deal is totaled to be worth $1.43 billion. This is higher than the $1.3 billion cash-and-stock offer from Avis Budget Group (NYSE: CAR) DTG is trading about...
