Avis Budget Group News & Latest Avis Budget Group Headlines

5 Things to Watch This Week: Pop, Streams, Mickey Mouse, Wireless, and DVDs

11:35AM 2/06/2012

By Rick Aristotle Munarriz, The Motley Fool

Earnings, Coca-Cola Company, Netflix, Pepsico, Sprint Nextel Corp, Avis Budget Group, Walt Disney, Market News

There's never a dull moment on Wall Street, especially now that the market is hitting multiyear highs. Let's go over some of the news that will help shape the week that lies ahead.

5 Things to Watch This Week: Groupon, Gamers, Doughnuts, Rentals, and Satellite Radio

6:00AM 10/30/2011

By Rick Aristotle Munarriz, The Motley Fool

Company News, Avis Budget Group

News items to watch next week include Groupon's long-awaited IPO, the release of Take-Two Interactive's Grand Theft Auto V, Dunkin' Brands second-ever quarterly report, and more from car rental companies to satellite radio.

Car Rental Stocks Will Drive You Off the Road

12:00PM 10/12/2011

By Rick Aristotle Munarriz, The Motley Fool

Company News, Avis Budget Group, General Motors

After 18 months of letting potential buyers kick its tires, Dollar Thrifty Automotive Group announced that it's no longer for sale. This is bad news for Hertz, which seemed to be the last bidder standing after Avis Budget dropped out. The operators' loss is naturally the consumers' gain, and trends look ominous for this industry going forward.

Next Week's Big News: Couch Potatoes Cutting Cable, Chinese Dot-Coms, Satellite Radio, Zipcar, Gamers

11:15AM 7/29/2011

By Rick Aristotle Munarriz, The Motley Fool

Company News, Earnings, Media, Electronic Arts, Comcast, Avis Budget Group, Autos

Plenty of big names are set to report their earnings in August, including the country's largest cable and satellite television providers, several of China's leading dot-coms, radio giant Sirius XM, car rental companies Zipcar and Avis, and the two biggest video game developers.

Avis Budget Boosts Its Dollar Thrifty Bid: Do Interlopers Have an M&A Edge?

12:55PM 9/23/2010

By Dawn Kawamoto

Company News, Economy, Investing, Hewlett-Packard, Dell, Avis Budget Group, Autos, Stocks in the News

Avis Budget has increased its offer for Dollar Thrifty, firing the latest salvo in its bidding war for Dollar with archrival Hertz. It's a familiar pattern in the world of mergers and acquisitions, and the data shows that interlopers like Avis often a better chance of taking home the prize.

Avis Raises Bid for Dollar Thrifty, Attacks Hertz

8:23AM 9/02/2010

By Hugh Collins

Company News, Avis Budget Group, Autos, Retail

Car rental company Avis Budget Group Inc (CAR) improved its offer for Dollar Thrifty Automotive Group (DTG). Avis raised the cash portion of the offer to $40.75 a share, from $39.25, Avis said in a statement. The offer now stands at $40.75 in cash and 0.6543 shares of Avis Budget stock per share...

Dollar Thrifty Finally Gets an Offer from Avis

7:27AM 7/29/2010

By Melly Alazraki

Company News, Investing, Avis Budget Group, Stocks in the News

Dollar Thrifty Automotive Group confirmed Thursday that it received a $1.33 billion takeover from Avis Budget Group, which topped an earlier bid from rival Hertz. Now it's up to the car-rental company's board to declare the winner.

Avis Hires Some Big Guns for its Fight with Hertz over Dollar Thrifty

9:46AM 5/04/2010

By Dawn Kawamoto

Company News, Avis Budget Group, Autos

A week after rental car giant Hertz announced plans to drive off into the sunset with Dollar Thrifty, rival Avis Budget on Monday made clear that it plans to crash the party. Avis is wooing Dollar for itself, bringing a higher offer (and some serious hired guns) to the table.

AIG's CEO threatens to leave, at last

11:01AM 11/11/2009

By Douglas McIntyre

People, American International Group, Bank of America, Avis Budget Group

In an exclusive report in The Wall Street Journal, word emerged that AIG (AIG) CEO Robert Benmosche has said he may leave, largely because of what he sees as heavy-handed government regulation. He believes that the "pay czar" is hurting the insurance company's chances of bringing in new...

Avis Budget says smoking in its rental cars will set you back a whopping $250

2:50PM 9/14/2009

By David Schepp

Company News, Avis Budget Group, Enterprise Products Partners

Nonsmokers who travel often find themselves frustrated once they unlock the car they've just rented at the airport. After a few hours of lounges, gates, and airborne cabins mercifully free of secondhand smoke, travelers slide behind the wheel and wonder how nobody at the rental agency has noticed...