Dollar Thrifty Automotive
By Rick Aristotle Munarriz, The Motley Fool
| 6:00AM 10/30/2011
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.
By Rick Aristotle Munarriz, The Motley Fool
| 12:00PM 10/12/2011
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.
| 6:30PM 1/24/2011
Hertz Global Holdings's says fourth-quarter profit exceeded the company's forecast as it improved the efficiency of its operations. Strong used-car prices probably don't hurt too.
| 10:00AM 1/18/2011
24/7 Wall St. recently looked at a number of large American companies, some of which are owned by foreign companies, to see which will disappear in 2011. It didn't take long to come up with a list of familiar names such as Sara Lee, Office Depot, Borders, E*Trade and five others.
| 6:12PM 9/30/2010
Dollar Thrifty shareholders voted against a proposed acquisition from larger car-rental competitor Hertz, likely ending Hertz's five-month-long effort to acquire the company and indicating that a competing bid from Avis Budget Group may be gaining traction.
| 7:27AM 7/29/2010
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.