Avis Budget Group Inc. News
Stock Market Today – 8/1: Stocks Close Lower as Q2 Earnings Roll On
Investors await second-quarter earnings results from Pinterest, Activision Blizzard, Starbucks, Caterpillar and more for more signs of whether the Fed’s inflation battle is working.
Travel Stocks Like Delta Air Are Seen as Inflation Beaters
Meanwhile, Credit Suisse and JPMorgan offered lists of stocks that can thrive in inflationary times like the present.
Here’s Why You Might Get Arrested For Renting From Hertz
Some 230 people are suing the car rental company for false arrest.
Cramer's Mad Money Recap 11/3: Tesla, GameStop, AMC Entertainment
Jim Cramer says individual investors have taken busting the shorts to a whole other level.
Avis Budget Stock Tumbles as JPMorgan Double-Downgrades
Avis Budget is double-downgraded by JPMorgan to underweight a day after the car rental major's shares skyrocketed.
Cramer's Mad Money Recap: Avis Budget Group, Bed Bath & Beyond
Jim Cramer's bullish and he says he would be a buyer on any Fed-induced weakness Wednesday.
5 Top Stock Gainers for Tuesday: Avis, Under Armour
Avis Budget Group, Under Armour, Pfizer, Rogers Corp. and Arista Networks are five top stock gainers for Tuesday.
Avis Budget Stock Soars on Earnings Beat; Short Squeeze Seen
Car rental company Avis Budget Group exceeded third-quarter earnings estimates as revenue doubled.
Treasury Yields Jump After Weak $43 Billion 2-Year Auction, Sliding Foreign Demand
The Treasury sold $43 billion in 2-year notes at a high yield of 4.29% - nearly a full percentage point above last month's auction levels.
Economist El-Erian Sees Strong Chance for Recession
But he thinks the Fed must keep raising interest rates to quell inflation. And he expects continued market volatility.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
What Happens to Your Credit Card When Interest Rates Rise
With interest rates soaring, credit card consumers may be in for a shock