CAR News and Press, Avis Budget Group Inc. From 02/23/22

Avis Budget Group hit a new record for quarterly EBITDA. From a fundamental perspective, our rental car industry investment thesis was predicated on a few primary drivers. We liquidated our entire position on the third-quarter earnings announcement. For further details see: ...

Broyhill Asset Management is a boutique investment firm, initially established as a family office in 1980 and guided by a disciplined value orientation. We operate outside of the fray and invest with a rational, objective, long-term perspective. While the broader markets also posted a...

Hertz is much more well-capitalized after emerging from bankruptcy. Aside January's weakness, the directional improvement in travel should bode well for fleet utilization. A better-aligned cost structure drove solid performance, and the new CEO will likely improve results further....

Cornerstone took the #1 spot again this week boosted by acquisition news, while shipping companies made their presence felt again the top 5. Meanwhile 2021's top industrial stock Avis was dragged among the losers following earnings results. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) -...

Despite a bumpy day of trading, stocks recorded strong gains on Tuesday, amid hope of a peaceful resolution of the tension between Russia and Ukraine. The Nasdaq led the way higher, gaining 2.5% on the day. The S&P 500 posted an advance of 1.6%. The upswing included a contribution from th...

Amerco has done exceptionally well to grow its top line and cash flows in recent years, with its 2022 fiscal year so far being no exception. Long-term prospects for the business look appealing and the company is robust. Add in how cheap shares are, and it should be an attractive p...

Avis Budget Group, Inc. (CAR) Q4 2021 Earnings Conference Call February 15, 2022 8:30 AM ET Company Participants David Calabria – Treasurer and Senior Vice President-Corporate Finance Joe Ferraro – Chief Executive Officer Brian Choi – Chief Financial Officer Conference Ca...

Gainers: Virgin Galactic SPCE +29%, Joby Aviation JOBY +24%, Wheels Up Experience (NYSE:UP) +14%, Radiant Logistics (NYSE:RLGT) +14%, FuelCell Energy (NASDAQ:FCEL) +12%. Losers: Avis Budget Group (NASDAQ:CAR) -12%, Steel Connect (NASDAQ:STCN) -8%, Coda Octopus Group (NASDA...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Stocks were hit overnight, finding their footing near the open but coming under more selling pressure thanks to the escalating geopolitical tensions in Eastern Europe. Here are a few top stock trades to focus on going into...

Avis Budget Group (NASDAQ:CAR) gave back some of its Monday gain after reporting earnings after the bell. The car rental company disclosed 91% revenue growth for the quarter against the soft pandemic comparable. Net income was $381M and adjusted EBITDA was $683M to mark the company's best fou...