(NEW YORK)Shares of rental car companies dropped on Wednesday after a Barclays Capital analyst downgraded shares of both Avis Budget Group Inc. and Hertz Global Holdings Inc. on his estimate...READ MORE
(TULSA, Okla.)Dollar Thrifty Automotive Group Inc. said Wednesday it expects to post an adjusted pretax loss for the full year 2008 as a result of the weak economy and the ongoing problems in th...READ MORE
(TULSA, Okla.)Dollar Thrifty Automotive Group Inc. said Wednesday its third-quarter profit rose 67 percent as lower losses from derivatives offset a drop in vehicle rental revenue.READ MORE
(TULSA, Okla.)Dollar Thrifty Automotive Group Inc. said Thursday it has cut its work force by 6 percent, or 400 jobs, to reduce costs amid the slumping economic environment.READ MORE
(NEW YORK)Shares of rental car companies remained mixed on Wednesday after the Federal Reserve cut the fed funds rate by a half point, as many investors had expected.READ MORE
(TULSA, Okla.)Dollar Thrifty Automotive Group Inc. said Wednesday it expects to record a profit in the third quarter. The car rental company also expects to end the quarter with an unrestricted ...READ MORE
(NEW YORK)A Barclays Capital analyst lowered his ratings on Avis Budget Group Inc. on Friday, citing its relative dependence on the U.S. market, but said the rental-car market is more resili...READ MORE