CAR News and Press, Avis Budget Group Inc. From 04/27/22

Artisan Partners is an independent investment management firm focused on providing high value-added, active investment strategies to sophisticated clients globally. A confluence of issues all presents challenges to businesses and financial markets. Many risks are ignored during pe...

IWN is an ETF implementing a value strategy in a small cap universe. It is heavy in financials. It has outperformed its parent index Russell 2000 since inception. However, I see two shortcomings in its strategy. For further details see: IWN: Betting On Value And Size...

While United Airlines (NASDAQ:UAL) rose to the top for the week ending April 22 on a positive outlook, aerospace/defense and power/electric equipment stocks formed the majority in the decliners' list. The SPDR S&P 500 Trust ETF (SPY) -2.68% was in the red for the third week in a...

Barclays upgraded Avis Budget Group (CAR +5.5%) to an Equal Weight rating after having the car rental stock slotted at Underweight. The ratings move by the firm is part of it becoming incrementally more positive on the rental car industry as a whole. "While we still believe there's room for H...

Conference Call to Discuss Results Scheduled for May 3 rd , 2022 PARSIPPANY, N.J., April 08, 2022 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2022 results after the market close on Monday, May ...

A potential merger deal in the airline space generated a lot of chatter in Wednesday's pre-market action. Spirit Airlines (NYSE:SAVE) gave up some of Tuesday's sharp advance amid potential questions about a takeover offer from JetBlue (JBLU). In other news, Avis Budget Group (CAR) also edged ...

Bank of America dropped its rating on Avis Budget Group (NASDAQ:CAR) to Underperform from Neutral on a call tied to valuation and competitive pressure. Analyst John Murphy and team's fundamental view on Avis and the rental car industry remains somewhat constructive with the macro factors that...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Avis’ buybacks have led to short squeezes in the past, and the latest $1bn authorization could result in a similar outcome this year. Given that >20% of the float is still sold short, a full deployment of the buyback authorization could squeeze out a significant amount of th...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...