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ArchiveEurope Again a Focal Point, Volatility to Follow (NTAP, NVDA, ATHN, ITRI, CXZ, CAR)Posted by Next Inning at 7:40PM on February 16th
The market surged, with stocks more than recouping yesterday’s losses on reports that the ECB (European Central Bank) was set to swap its Greek bonds for new ones. The new bonds would be identical to the old ones except they…  Looking for Focus on Fundamentals, Not Europe (KNXA, JNY, CAR, HTZ, DTG, AA, FREE, CCG)Posted by Geoff Seiler at 5:06PM on October 11th
The major market averages rebounded from early-morning losses to close in the green, except for the Dow, which finished slightly lower. While it was a nice bounce, it was actually one of the calmer days for a market that has… To ‘Save’ Greece, Kick It Out (TXT, SEED, JAKK, CAR, DTG, HTZ, SQNS, CHME)Posted by Geoff Seiler at 5:01PM on September 14th
Europe continues to dominate the headlines and move the U.S. markets. Today, stocks surged after the leaders of France and Germany renewed their pledges not to let Greece default following Greek Prime Minister George Papandreou promising to take all necessary… The Rumor-Driven Month of September (NETL, BRCM, CAR, RIMM, DLB, BAC, WATG)Posted by Geoff Seiler at 4:42PM on September 12th
Stocks rallied late in a seesaw session to end up on the day. The market focused on Europe’s woes early, worried that Moody’s would downgrade French banks, sending U.S. equities headed for a third-straight session of big declines. However, the… Markets Get Some Relief, But Will It Last? (BBY, CASY, DTG, CAR, HTZ, JCP, AAPL, HSOL, PCRX)Posted by Geoff Seiler at 4:49PM on June 14th
The market had a strong day, as stocks rallied in response to the economic data in both the U.S. and China not being as bad as feared. In the U.S. inflationary pressures cooled in May and retail sales fell as… Analyst Comments No Help To Zipcar (ZIP, UHAL, CAR, HTZ, DTG)Posted by Todd Shriber at 12:15PM on May 24th
Shares of Zipcar (ZIP), the operator of car-sharing networks in the U.S., U.K. and Canada, are slumping 3% following a spate of analyst comments on the newly public company. JPMorgan initiated coverage of the stock with a “neutral” rating and a… Data Helps Stocks In First October Session (LWSN, ACN, HPQ, SAP, ORCL, HTZ, DTG, CAR, BTIM)Posted by Geoff Seiler at 4:43PM on October 1st
Stocks started October out on the right foot, buoyed by slightly better-than-expected personal income and spending data. Meanwhile, the International Council of Shopping Centers, which tracks sales trends at more than 30 chains, is forecasting holiday sales growth of between… Bidding War Continues For Pros’ Favorite Rental Car Stock (CAR, DTG, HTZ, UHAL)Posted by Owen Vater at 11:25AM on September 23rd
Avis Budget Group (CAR) hiked the cash portion of its Dollar Thrifty Automotive (DTG) bid by 12% this morning, bringing the total offer to about $1.6 billion, or $53 per share, in an effort to edge out fellow-suitor Hertz Global Holdings (HTZ). The… Another Solid Merger Monday (MNRO, HPQ, ARST, GENZ, LH, DTG, HTZ, CAR)Posted by Geoff Seiler at 4:46PM on September 13th
The market had another solid day on another M&A Monday. It seems that stocks that have had recent momentum continue to perform well, while those that have been beaten up continue to be laggards. The IT Security Stocks Index was the top… Car Rental Stocks Surge On M&A Action (DTG, HTZ, CAR, UHAL)Posted by Jason Smith at 12:15PM on September 13th
Dollar Thrifty Automotive (DTG) shares jumped by 5% on Monday after Hertz Global Holdings (HTZ) hiked its buyout bid to $1.56 billion or $50 per share in cash and stock, based on the latter’s closing value on Friday. The offer tops the…  |
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