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Results achieved on record transaction days, increased volume and robust residual values, according to the company.
Read More →Reporting preliminary results, Avis Budget Group expects a 30% increase in revenue in the first quarter compared to the first quarter 2011, and full-year 2012 revenue to be $7.3 billion to $7.6 billion, a 24% to 29% increase compared to 2011.
Read More →For the first quarter of 2012, Zipcar reports a net loss of $3 million compared to a loss of $6.1 million in the prior year period.
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The enclosed table summarizes the compensation earned in 2011 by Hertz’s named executive officers.
Read More →Operating profit down 3.5% for the full year 2011; revenue 'stable,' while net debt reduced.
Read More →Avis Budget Group says that it seeks these agreements with leading brands as part of the company's ongoing strategic initiative to drive profitable growth in rental transaction volume, increase Avis and Budget brand exposure, and introduce new travelers to Avis' and Budget's service.
Read More →Company cites successful start in U.S. rental market as highlight and better than expected performance. Overall, higher operating costs expected in 2012.
Read More →Hertz posts worldwide net income in the fourth quarter and full year 2011 versus losses in 2010 on record transaction days, equipment rental revenue growth.
Read More →Net income in fourth quarter 2011 rises to $33.9 million, up from $12.5 million in 2010. For the full-year 2011, Dollar Thrifty earned $159.6 million, up from $131.2 million in 2010. Full-year revenue rose to $1.55 billion from $1.54 billion.
Read More →Company reports net losses for fourth quarter and full-year 2011 on costs related to its purchase of Avis Europe, as well as a decline in pricing in North America.
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