Rental & Leasing Services
(GMT) GATX Corporation – Bull of the Day
We are upgrading our recommendation on GATX Corporation (GMT) to Outperform. The rail, marine and industrial company’s first quarter adjusted earnings surpassed the Zacks Consensus Estimate and improved...
(DTG) Company News for December 13, 2011 – Corporate Summary
• Car rental company Dollar Thrifty Automotive Group (NYSE:DTG) said the company’s CEO and President Mr. Scott L. Thompson will take over the role of Chairman of the Board of Directors with immediate effect....
(CAR) Avis Budget Group – Bull of the Day
Continued focus on productivity and cost containment initiatives coupled with better travel trends and lower fleet costs drove Avis Budget Group (CAR) to post better-than-expected financial results for second-quarter...
(CAR) Company News for September 15, 2011 – Corporate Summary
• Dell Inc. (NASDAQ:DELL) announced its plans to add an additional $5 billion shares to its stock-repurchase program taking the total number of shares to be re-purchased to about $2.1 billion
• Avis...
(CAR) Company News for September 15, 2011 – Corporate Summary
• Dell Inc. (NASDAQ:DELL) announced its plans to add an additional $5 billion shares to its stock-repurchase program taking the total number of shares to be re-purchased to about $2.1 billion
• Avis...
(R) Ryder System Leases Natural Gas Trucks
Ryder System Inc. (R) has announced that it has entered into a lease agreement for 87 heavy-duty natural gas trucks with customers. The company did not disclose any financial detail of the contract but mentioned...
(RCII) Rent-A-Center Expands
Rent-A-Center Inc. (RCII), in an attempt to expand its operational roots, is all set to entice the residents of Gulfport, Mississippi and New Orleans, Louisiana by opening new stores and providing them additional...
(RCII) Rent-A-Center Adjusts Management Efficiencies
Rent-A-Center Inc. (RCII) is one of the largest rent-to-own operators in the U.S. and leverages an extensive network of about 3,000 stores to effectively penetrate its target markets, and gain an advantage...
(CAR) Avis Budget Group to Buy Avis Europe
Avis Budget Group Inc. (CAR) announced that it is acquiring Avis Europe for 635 million pounds or $1.0 billion. After 25 years, the company again intends to unite the two businesses.
The acquisition,...
(CAR) Avis Budget Beats Earnings on Better Travel Trends
Avis Budget Group Inc. (CAR) posted first-quarter 2011 net income of $7.0 million compared with a net loss of $38.0 million in the year-ago period. Excluding extraordinary items, quarterly income came in at...
(CAP) CAI International – Estimates Rise on Optimistic Outlook
CAI International, Inc. (CAP) analysts raised their expectations once the company reported an 82% jump in revenues last week. Shares of this Zacks #1 Rank (Strong Buy) are trading with solid valuations to...
(AER) Company News for April 11, 2011 – Corporate Summary
• Google (NASDAQ:GOOG) agreed to enter into a consent decree with the Justice Department with regard to its purchase of ITA Software Inc. The company will be subject to compulsory licensing and government monitoring of...
(DTG) Dollar Thrift Automotive Group — Special Situation
This morning my Barchart new high screener detected price movement on Dollar Thrift Automotive Group (DTG) so I added it as a short...
(R) Ryder System Incorporated – Bull of the Day
We are upgrading our recommendation on Ryder System (R) to Outperform on strong fourth quarter results and a solid outlook. The fourth quarter earnings beat the Zacks Consensus Estimate on improved commercial...
(CAR) Avis Budget Group Reports Smaller Loss – Grows Revenues
Avis Budget Group Inc. (CAR) posted fourth quarter 2010 net loss of $24 million, compared with a net loss of $49 million in the year-ago period. Excluding extraordinary items, quarterly loss came in at $6...
(WSC) Berkshire Hathaway Bids $500 Million for Wesco Stake
Following up on his intention of buying 19.9% of Wesco Financial Corp.’s (WSC) holding, Warren Buffett — Chairman and CEO of Berkshire Hathaway Inc. (
2Sep2010 | vitalstocks | 0 comments | Continued(WSC) Berkshire Hathaway Buys 20% of Munger’s Wesco Financial Corporation
Yesterday, Waren Buffett, the chairman and CEO of Berkshire Hathaway Inc. (BRKA, BRKB) announced its intention to buy 20% of Wesco Financial Corp....
(R) Ryder System Incorporated – Bull of the Day
We are upgrading our rating to Outperform on Ryder System (R) following its second-quarter earnings. Second-quarter earnings surpassed the Zacks Consensus Estimate on stronger automotive volume, improved commercial...
(R) Ryder System’s Earnings Beat Expectations – Raises Outlook
Ryder System Inc. (R), the world’s largest provider of integrated logistics and transportation solutions, reported second-quarter earnings of 58 cents per share, which surpassed the Zacks Consensus Estimate...
(R) Ryder System’s First Quarter Earnings Cruise Forward
Ryder System Inc’s (R) first quarter earnings of 24 cents per share were ahead of the Zacks Consensus Estimate of 20 cents. The company reported earnings of 30 cents per share in the year-ago quarter. Earnings...
(R) Ryder System Earnings Preview
Logistics and transportation solution provider Ryder System Inc. (R) is slated to release its first quarter 2010 results on April 21, before the opening bell.
Management expects first quarter 2010 earnings...
(DTG) Dollar Thrifty Automotive Group – Earnings Estimates Jump On Strong Quarter
Dollar Thrifty Automotive Group Inc. (DTG) recently hit a new 52-week high on the company’s strong Q4 results from mid February and a bullish next-year estimate projecting 49% earnings growth.
Company...
(AAN) Aaron’s Incorporated – Passes Financial Tides’ Barchart Screen
I know it’s only Friday but since the market is closed I decided to find the stock for my Monday pick early. I screened for the stocks hitting new highs trading above 100K shares a day, then sorted for frequency to find my pick. Up popped Aaron’s (
(TAL) TAL International Group Incorporated – Estimates Jump
TAL International Group Inc. (TAL) recently restarted its dividend as trade volumes showed improvement over the year ago period as the global recovery took hold.
Company Description
TAL...
(R) Ryder System Incorporated – Bear of the Day
We are initiating coverage on Ryder System, Inc. (R) with an Underperform recommendation. The company’s fourth quarter earnings were a nickel short of the Zacks Consensus Estimate.
The decline was...
(UHAL) AMERCO – Bull of the Day
AMERCO (UHAL) is the parent company of U-Haul International, the largest consumer truck rental company in the world. It is also the second largest self-storage company in North America.
The impact...
(R) Ryder System Lags on Low Revenues
Ryder System Inc. (R) fourth quarter earnings per share of 41 cents was short of the Zacks Consensus Estimate of 46 cents. Last year, the company reported earnings of $1.10 per share. The decline was driven...
(RCII) Rent-A-Center Earnings Report Moves Up
Rent-A-Center, Inc. (RCII), the largest rent-to-own operator, recently posted fourth-quarter 2009 earnings of 66 cents a share that surpassed the Zacks Consensus Estimate of 57 cents, and climbed 40.4% from...
(GMT) GATX Corporation Loses on Low Freight Rates
GATX Corporation’s (GMT) fourth quarter earnings of 35 cents per share were a couple of pennies below the Zacks Consensus Estimate of 37 cents. A year ago, the company had reported a profit of 58 cents....
(RCII) Rent-A-Center Topped Earnings Estimates
Rent-A-Center, Inc. (RCII), the largest rent-to-own operator, recently posted third-quarter earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 50 cents. EPS results climbed 25%...