Passenger Transportation, Ground & Sea

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Hertz Global Holdings Inc appoints John P. Tague President And Chief Executive Officer

Thursday, 20 Nov 2014 05:06pm EST

Hertz Global Holdings Inc:Announces that John P. Tague has been appointed President and Chief Executive Officer and to the company's Board of Directors, effective Nov. 21.

Avis Budget Group Inc completes acquisition of Budget Licensee for Southern California and Las Vegas

Wednesday, 19 Nov 2014 06:54pm EST

Avis Budget Group Inc:Says that it has completed its previously announced acquisition of its Budget Car Rental licensee for Southern California and Las Vegas.Says the licensee acquired operates directly at Los Angeles International and Bob Hope Burbank airports, as well as numerous local market locations throughout the Los Angeles metropolitan area.Says the acquisition was funded primarily with the proceeds from a $175 million offering of 5.50 pct. senior notes due 2023, issued with a yield to maturity of 5.56 pct., which the company completed earlier this month.

eHi Car Services Ltd announces pricing of initial public offering

Tuesday, 18 Nov 2014 08:04am EST

eHi Car Services Ltd:Says initial public offering of 10,000,000 American depositary shares, each representing two Class A common shares of the company, was priced at $12.00 per ADS.Says ADSs will begin trading on the New York Stock Exchange on Nov. 18, under the ticker symbol EHIC.Says all of the 10,000,000 ADSs in the offering are offered by eHi.Underwriters have been granted a 30-day over-allotment option to purchase up to an additional 1,500,000 ADSs from eHi.Expects to receive gross proceeds of about $120.0 mln from the offering at closing.J.P. Morgan Securities LLC and Goldman Sachs (Asia) L.L.C. acted as joint book runners for the offering.

Sixt SE comments on FY 2014 outlook

Tuesday, 18 Nov 2014 01:28am EST

Sixt SE:Says substantial revenue and earnings improvement also expected for full fiscal year 2014.Forecasts an increase in consolidated operating revenues in FY 2014, which it expects to be in higher single-digit percentage range compared to last year.FY 2013 reported revenue 1.665 billion euros, net income 94.82 million euros.FY 2014 revenue estimate 1.740 billion euros, net income estimate 103.86 million euros - Thomson Reuters I/B/E/S.

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Analyst Research

Report Title Price
Provider: Edison Investment Research
$10.00
Provider: Zacks Investment Research Inc.
$10.00
Provider: Zacks Investment Research Inc.
$10.00
Provider: GlobalData
$125.00
Provider: Reuters Investment Profile
$20.00

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