Avis Budget Group Inc

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  • uploads///Junk Bond Yields in  and
    Company & Industry Overviews

    MDC Partners Issued the Most Junk Bonds in the Week to March 18

    MDC Partners (MDCA) offers marketing and communication network services. It issued dollar-denominated junk bonds worth $900 million on March 18.

    By Lynn Noah
  • uploads///US High Yield Bond Market Issuance
    Company & Industry Overviews

    High-Yield Bond Issuance Fell after the FOMC’s Dovish Statement

    Last week brought the total US dollar-denominated issuance of high-yield debt to $24.3 billion in 2016 YTD. It’s 71.0% lower than the same period in 2015.

    By Lynn Noah
  • Consumer

    Must-know: Why Tiger Global liquidates stake in Yahoo

    Tiger Global disposed of a position in Yahoo Inc. (YHOO) which accounted for 4.53% of the fund’s 4Q13 portfolio.

    By Samantha Nielson
  • uploads///VIPS
    Consumer

    Must-know: Why Tiger Global increases stake in Vipshop

    Tiger Global increased its stake in Vipshop Holdings (VIPS) which now accounts for 4.54% of the fund’s 1Q14 portfolio.

    By Samantha Nielson
  • uploads///Positions
    Fund Managers

    Highlights of Eminence Capital’s 4Q14 Positions

    This article provides an overview of the notable positions that Eminence Capital traded during the fourth quarter of 2014.

    By Diana Key
  • uploads///US High Yield Bond Fund Flows
    Company & Industry Overviews

    Inflows Continued into High-Yield Bond Funds, Yields Fell Sharply

    Investor flows into high-yield bond funds were positive for the fifth week. Net inflows into high-yield bond funds totaled $1.7 billion in the week ending March 16.

    By Lynn Noah
  • uploads///toph
    Financials

    Key overview of Marcato Capital’s 3Q14 position

    Marcato manages a select number of passive and activist investments across all industries with a primary focus on opportunities in middle-market public equities. At the end of 3Q14, the fund’s U.S. long portfolio was worth $2.81 billion, slightly up from $1.89 billion in 2Q14.

    By Patricia Garner
  • uploads///psx
    Energy & Utilities

    Phillips 66 no longer part of Iridian

    Iridian exited its position in Philips 66 (PSX), which accounts for 3.20% of the fund’s third quarter portfolio.

    By Patricia Garner
  • Consumer

    Avis Budget Group gets lower position with Iridian

    Iridian lowered its position in Avis Budget Group, Inc. (CAR), which now accounts for 2.46% of the fund’s third-quarter portfolio.

    By Patricia Garner
  • uploads///tyc
    Consumer

    Sale of position in Tyco affects Iridian’s portfolio

    Iridian sold its position in Tyco International Ltd. (TYC), which accounts for 1.90% of the fund’s second quarter portfolio.

    By Patricia Garner
  • uploads///car
    Consumer

    Avis stock accounts for 5.84% of Marcato Capital portfolio

    Marcato Capital added to its position in Avis Budget Group (CAR) . The stock accounted for 5.84% of the fund’s portfolio for the quarter ending in September.

    By Patricia Garner
  • uploads///lea
    Consumer

    Lear stock accounts for 11% of Marcato portfolio

    Marcato Capital added to its position in Lear corporation (LEA) during 3Q14. The stock accounted for 11.13% of the fund’s portfolio for the quarter ending in September.

    By Patricia Garner
  • Financials

    Why high yield debt is staging a comeback in the capital markets

    Issuance in high yield or junk bond markets has staged a recovery over the past three weeks as market conditions strengthened.

    By Phalguni Soni
  • uploads///BRP
    Consumer

    Marcato eliminates position in Brookfield Residential Properties

    In 3Q14, Marcato Capital sold a position in Brookfield Residential Properties Inc. (BRP). The stock accounted for 0.6% of the fund’s portfolio for the second quarter ending in June.

    By Patricia Garner
  • uploads///HTZ
    Industrials

    Why Icahn reveals activist position in Hertz Global Holdings

    Icahn Associates recently disclosed an activist position in rental car company Hertz Global Holdings (HTZ). The fund took an 8.48% stake in Hertz. It was disclosed in a 13D filing on August 20.

    By Samantha Nielson
  • uploads///HTZ
    Basic Materials

    TPG-Axon Capital Management buys a stake in Hertz Global Holdings

    TPG-Axon opened a new position in Hertz Global Holdings Inc. (HTZ) that accounts for 5.65% of the fund’s 4Q portfolio.

    By Samantha Nielson
  • uploads///Thailands GDP Expands in Q
    Macroeconomic Analysis

    Will Thailand Continue Its Economic Expansion in 2Q17?

    Thailand saw impressive growth in 1Q17 due in part to external demand and public investment. Its GDP rose 3.3% in 1Q17 as compared to a 3% rise in 4Q16.

    By Mary Sadler
  • uploads///
    Company & Industry Overviews

    What Sets Uber’s Business Model Apart?

    In addition to connecting drivers and customers, Uber’s application calculates the charges that a customer needs to pay at the end of the trip.

    By Jitendra Parashar
  • uploads///
    Company & Industry Overviews

    How Is Daimler Expanding Its Car-Sharing Business?

    In this part, we’ll explore how car2go is helping Daimler expand its presence in the car-sharing business.

    By Jitendra Parashar
  • uploads///
    Company & Industry Overviews

    Understanding Zipcar’s Business Model

    Founded in 2000, Zipcar was one of the car-sharing industry’s early entrants.

    By Jitendra Parashar
  • uploads///Non Investment Grade Bond Yields
    Company & Industry Overviews

    How Have High Yield Bonds Reacted to the Fed’s March Policy?

    Yields on high yield bonds, as measured by the BofA Merrill Lynch US High Yield Master II Effective Yield, have fallen since early March. They ended March 15 at 8.39%.

    By David Ashworth
  • uploads///HTZ
    Fund Managers

    Icahn Adds to Stake in Hertz Global Holdings in 4Q14

    Icahn Associates boosted its position in Hertz Global Holdings (HTZ) in the quarter ending in December. The fund disclosed 51,922,405 shares.

    By Samantha Nielson
  • uploads///
    Fund Managers

    JAT Capital Sells Stake in Hertz Global Holdings

    In 4Q14, JAT Capital sold its stake in Hertz Global Holdings (HTZ). The $196-million position had represented 3.2% of the fund’s third-quarter portfolio.

    By Santiago Solari
  • uploads///AMZN
    Fund Managers

    Blue Ridge Capital Exits Position in Avis Budget Group

    Avis Budget Group’s share price increased by almost 16% in 4Q14.

    By Adam Rogers
  • uploads///HTZ
    Fund Managers

    Hertz Global Holdings Gets Raised Position in Eminence Capital

    In 4Q14, Eminence Capital increased its stake in Hertz Global Holdings (HTZ). The company accounted for 1.62% of the fund’s fourth-quarter portfolio.

    By Diana Key
  • uploads///avis budget
    Fund Managers

    Viking Global’s New Position in Avis Budget Group

    Viking Global started a new position in Avis Budget Group (CAR). The fund bought 5,020,701 Avis Budget Group shares. The shares were worth $333 million.

    By Adam Rogers
  • uploads///CAR
    Fund Managers

    Iridian boosts holding in Avis Budget Group by 43%

    Iridian raised its position in Avis Budget Group, Inc. (CAR) to 5,395,808 shares from 3,773,401, a 43% increase. Iridian has a passive 5.1% stake in Avis.

    By Stuart McKenzie
  • uploads///SCI_Stewart Synergies
    Fund Managers

    Service Corporation International gets slight increase in Iridian

    Iridian currently has 10,484,630 shares of Service Corporation International, which is a small increase. Iridian has 5% passive stake in the company.

    By Stuart McKenzie
  • uploads///LEA
    Fund Managers

    Marcato Capital exerts activist influence on Lear

    Since the first quarter of 2012, Marcato Capital has been accumulating positions in the automotive parts supplier Lear (LEA).

    By Santiago Solari
  • uploads///Free cash flow
    Fund Managers

    Avis Budget Group to acquire “available opportunities”

    Avis Budget Group will use its free cash flow to improve shareholder value through a mix of share repurchases and capital investments via acquisitions.

    By Diana Key
  • uploads///International revenue
    Fund Managers

    International strength, new fleet of trucks for Avis Budget Group

    Avis Budget Group saw 4% revenue growth in Latin America, Asia-Pacific region thanks to strong cost controls and efficiency gains.

    By Diana Key
  • uploads///Zipcar
    Fund Managers

    Avis Budget Group’s Zipcar is a going concern

    In 3Q14, Zipcar generated more revenue than any quarter in its history, primarily on an increase in usage revenue and pricing, as well as membership.

    By Diana Key
  • uploads///NA Fleet Cost
    Fund Managers

    Avis Budget Group: Key business trends

    Avis Budget Group is diversifying its disposal channels to reduce fleet costs. It’s also expanding in direct-to-dealer and direct-to-consumer car sales.

    By Diana Key
  • uploads///CAR Overview
    Fund Managers

    Company overview: Avis Budget Group

    Avis Budget Group (CAR) is a leading global provider of vehicle rental services. It also offers a car-sharing network service through its brand, Zipcar.

    By Diana Key
  • uploads///CAR stock chart
    Fund Managers

    Viking Global discloses position in Avis Budget Group

    Viking Global Investors started a new position in Avis Budget Group Inc. (CAR). The fund acquired a 5% stake in Avis with over 5.34 million shares.

    By Diana Key
  • Consumer

    Why Tiger Global increases position in Charter Communication

    Tiger Global increased its stake in Charter Communication (CHTR) which now accounts for 2.72% of the fund’s 1Q14 portfolio.

    By Samantha Nielson
  • Consumer

    Must-know: Highlights of Tiger Global Management’s 1Q14 13F filing

    The size of the U.S. long portfolio declined to $7.3 billion last quarter from $8.03 billion in 4Q13.

    By Samantha Nielson
  • uploads///CAR
    Consumer

    Why Blue Ridge Capital increased its position in Avis Budget Group

    Blue Ridge increased its position in car rental company Avis Budget Group (CAR) to 6.17% in November last year.

    By Samantha Nielson
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