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Membership Additions Slow at Zipcar, Collide with Revenue Drop in Europe
Shares of Zipcar Inc. (NASDAQ: ZIP) are getting battered today following a less-than-impressive second-quarter showing and a weak forecast for the current quarter. The company also suffered two...
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America’s Worst Companies to Work For
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs. With...
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Hertz to Thrifty Shareholders: “How Much?” (HTZ, DTG, CAR)
At what might be the conclusion of a courtship that has lasted for more than two years, Hertz Global Holdings Inc. (NYSE: HTZ) is asking shareholders of Dollar Thrifty Group Inc. (NYSE: DTG) to name a...
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A Long Time Coming: Hertz May Buy Dollar Thrifty
It seems like decades since Hertz (NYSE: HTZ) began to jockey with its primary rival–Avis Budget Group (NYSE: CAR)–for the right to own Dollar Thrifty Automotive Group (NYSE: DTG) which is among the...
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Media Digest (8/27/2012) Reuters, WSJ, NYT, FT, Bloomberg
Hurricane Isaac causes several companies, including BP PLC (NYSE: BP), to shut down drilling in the Gulf of Mexico. (Reuters) Hertz Global Holdings Inc. (NYSE: HTZ) will buy Dollar Thrifty Automotive...
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Merger Monday: Schulze Gets into Best Buy, Hertz Nabs Dollar Thrifty, and So...
Plenty of action on the merger and acquisition front today, with founder Richard Schulze getting an okay from the board of Best Buy Co. Inc. (NYSE: BBY) to conduct his due diligence; Hertz Global...
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Today’s Market Winners and Losers
Stocks are mixed Monday, with the Dow Jones Industrial Average down 0.23%, the Nasdaq up 0.15% and the S&P 500 down 0.05%. Today’s market winners include two buyouts and a company poised to benefit...
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Hertz Tries Harder for Dollar Thrifty Buyout
The long-awaited conclusion to the acquisition of Dollar Thrifty Automotive Group Inc. (NYSE: DTG) by Hertz Global Holdings Inc. (NYSE: HTZ) is going to take a little longer. Hertz announced this...
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Media Digest (11/12/2012) Reuters, WSJ, NYT, FT, Bloomberg
Groupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and some will chose not to use...
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Media Digest (11/15/2012) Reuters, WSJ, NYT, FT, Bloomberg
As a Justice Department investigation of Deepwater Horizon continues, BP PLC (NYSE: BP) may pay a record fine for the results of the disaster. (Reuters) Qatar says it would back a merger of Glencore...
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