car rental companies

5 Things to Watch Next Week on Wall Street

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

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.

Hertz Buying Dollar Thrifty for $1.2B

Hertz Global Holdings announced Monday plans to acquire rival Dollar Thrifty Automotive Group in a deal valued at $1.2 billion, as the world's largest airport car rental company aims to increase its presence among European vacationers.