Hertz, Dollar Thrifty, Lotus Cars: Hot Trends

Hertz, Dollar Thrifty, 'Lotus cars,' 'mortgage rates,' Whirpool, 'Robert Dudley BP,' 'U.S. real estate,' 'Fisher-Price recall,' and Warren Buffett are the trending topics on Google and Yahoo.
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(Information on the price war between Hertz and Dollar Thrifty and the new lineup of Lotus cars have been added to the Hot Trends article.)

NEW YORK (

TheStreet

) -- "Hertz" and "Dollar Thrifty" are trending on the Internet after

Dollar Thrifty

(DTG)

shareholders voted to reject a deal with

Hertz

(HTZ) - Get Report

.

Dollar Thrifty shareholders voted against Hertz's buyout offer after

Avis Budget

(CAR) - Get Report

pledged to pay Dollar Thrifty $20 million if its offer didn't pass regulatory approval.

"We respect the vote of our shareholders, and remain confident in our ability to continue to deliver outstanding value for them," Dollar Thrifty president and CEO Scott Thompson said. "We will evaluate all of our options going forward in order to maximize value for Dollar Thrifty shareholders."

"Lotus cars" is a popular search topic after the U.K.-based car manufacturer announced five new sports cars, the Elite, Elise, Elan, Esprit and Eterne, at a Paris auto show. Lotus, owned by the Malaysian automaker Proton Holdings Berhad, will roll out the cars over the next 5 years.

"This is not just about the cars, it's about the complete remake of the brand," Lotus CEO Dany Bahar told

BBC News

.

The Eterne, a sleek four door sports car, is the most expensive of the new models, priced at $189,000, while the Elise, expected to hit the market in spring 2015, is the cheapest at $55,000.

"Mortgage rates" is a trending search topic today after

Freddie Mac's

(FMCC)

weekly survey revealed that the average 30 year fixed mortgage rate dropped to 4.32% from last week's 4.37%.

"Confidence in the state of the economy fell among consumers and businesses, which led to a decline in long-term bond yields and brought many mortgage rates to record lows this week," Freddie Mac's chief economist Frank Nothaft said.

>>Foreclosures Make Up 24% of Home Sales

The average 15-year fixed mortgage rate dropped to 3.75% from last week's 3.82%. This is the lowest 15 year fixed rate since 1991.

"Whirpool" is a hot topic on the Internet today following news that

Panasonic

(PC)

and Embraco North America, a

Whirlpool

(WHR) - Get Report

subsidiary, are pleading guilty to conspiring to fix the prices of refrigerant compressors.

Panasonic will pay a $49.1 million criminal fine and Embraco will pay $91.8 million, according to the U.S. Department of Justice.

They companies allegedly held meetings with other unnamed corporations in order to try to fix prices on household refrigerant compressors, which are used to cool refrigerators and freezers.

"Robert Dudley BP" is a trending topic on Yahoo today as the current managing director at

BP

(BP) - Get Report

prepares to take over as the CEO of the company. He will be replacing Tony Hayward.

>>BP Planning Management Shakeup

Dudley is currently the president and CEO of BP's Gulf Coast restoration organization.

The giant oil company announced that Andy Inglis plans to resign as a main board director on Oct. 31 and will leave the company by the end of the year.

"U.S.

real estate

" is a heavily searched topic today after the

U.S. Census

released statistics offering

insight on poverty rates, employment and the housing market

.

The findings revealed that the real median household income in the nation decreased by 2.9%, to $50,221 from $51,726 between 2008 and last year. North Dakota was the only state showing an increase.

The median property value for owner-occupied homes in the U.S. has decreased by 5.8% since 2008. The nation's highest median property values were all in California. San Jose, Sunnyvale and Santa Clara had the highest median property value of $638,300, followed by the San Francisco, Oakland and Fremont areas with $591,600.

"Fisher-Price recall" is a trending topic today after

Mattel

(MAT) - Get Report

announced it is recalling almost 11 million Fisher-Price toys and products. The toy manufacturer is recalling models of toddler tricycles, high chairs, inflatable balls and toy cars.

Some of the tricycles for children 2 to 5 years of age, include Hot Wheels Trike, Kawasaki Trike, Barbie Free Spirit Trike, Dora the Explorer Tough Trike and Thomas Tough Trike.

The recall also includes the Healthy Care, Close to Me, and Easy Clear high chairs, and the Little People Wheelies Stand 'n Play rampway.

"

Warren Buffett

" is a hot search topic after he and

Bill Gates

visited China to encourage the country's richest citizens to give back to society.

>>>View Warren Buffett's Portfolio

Buffett and Gates invited 50 of the wealthiest Chinese entrepreneurs to dinner in Beijing as a part of their mission to promote charity in China.

So far 40 people have reportedly taken the pledge of philanthropy with the two billionaires, and at least one Chinese multimillionaire said he will join them as well.

The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.

-- Written by Theresa McCabe in Boston.

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Theresa McCabe

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