AvisBudgetGroup

Car Rental Stocks Will Drive You Off the Road

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: Cable TV, China.com, More

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.