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Benzinga

Business

Anusuya Lahiri

Avis Budget Stock Falls As Bank of America Warns Weak Demand, Pricing Could Hurt Earnings

Avis Budget Avis Bank of America Avis Budget Group CAR Babcock BofA Securities

Avis Budget Group Seattle,-,August,07,,2022;,Sign,For,An,Avis,Budget

Avis Budget Group (NASDAQ:CAR) shares are trading lower after BofA Securities analyst Federico Merendi downgraded the stock from Buy to Underperform and cut its price target from $120 to $113.

Babcock argued industry fundamentals and the macro backdrop do not justify the stock’s June outperformance.

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Denny Hamlin had 'no idea' that he gave Kyle Larson the wave-around by pitting

Denny Hamlin had 'no idea' that he gave Kyle Larson the wave-around by pitting

Hamlin inadvertently gave his main title rival the wave-around early in the NASCAR Cup race at Las Vegas, and still didn't know about Larson's early struggles when he spun out

Vegas woman wins $29.5M settlement after spending 15 years in prison based on murder evidence fabricated by cops

Vegas woman wins $29.5M settlement after spending 15 years in prison based on murder evidence fabricated by cops

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Christa Pike’s lawyer says she is speaking ‘limitedly’ after botched execution attempt – latest updates

Christa Pike’s lawyer says she is speaking ‘limitedly’ after botched execution attempt – latest updates

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The Guardian - US

Trump administration sued over plans to send election monitors to voting sites

Trump administration sued over plans to send election monitors to voting sites

NAACP files lawsuit after head of DoJ’s civil rights division says she hopes to send election monitors to polls

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Michigan woman accused of hiding $1.66 million after reporting $39,960

Michigan woman accused of hiding $1.66 million after reporting $39,960

A Michigan woman admitted filing federal tax returns that understated her income by more than $1.6 million, with prosecutors saying the money included cash taken from her employer and gambling proceeds. According to the IRS, Erin Patti-Coveyou of Moran, Michigan, pleaded guilty to making a false statement on a federal…

The Times of India

Man arrested for posing as ICE agent to intimidate voters at polling station

Man arrested for posing as ICE agent to intimidate voters at polling station

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Related Stories

Top stories on inkl right now

Denny Hamlin had 'no idea' that he gave Kyle Larson the wave-around by pitting

Denny Hamlin had 'no idea' that he gave Kyle Larson the wave-around by pitting

Hamlin inadvertently gave his main title rival the wave-around early in the NASCAR Cup race at Las Vegas, and still didn't know about Larson's early struggles when he spun out

Vegas woman wins $29.5M settlement after spending 15 years in prison based on murder evidence fabricated by cops

Vegas woman wins $29.5M settlement after spending 15 years in prison based on murder evidence fabricated by cops

Kirsten Lobato was arrested for murder when she was 18 and later jailed, spending nearly 16 years behind bars

The Independent UK

Christa Pike’s lawyer says she is speaking ‘limitedly’ after botched execution attempt – latest updates

Christa Pike’s lawyer says she is speaking ‘limitedly’ after botched execution attempt – latest updates

Tennessee prisoner’s legal team makes emergency court petition after Pike wakes up in hospital

The Guardian - US

Trump administration sued over plans to send election monitors to voting sites

Trump administration sued over plans to send election monitors to voting sites

NAACP files lawsuit after head of DoJ’s civil rights division says she hopes to send election monitors to polls

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Michigan woman accused of hiding $1.66 million after reporting $39,960

Michigan woman accused of hiding $1.66 million after reporting $39,960

A Michigan woman admitted filing federal tax returns that understated her income by more than $1.6 million, with prosecutors saying the money included cash taken from her employer and gambling proceeds. According to the IRS, Erin Patti-Coveyou of Moran, Michigan, pleaded guilty to making a false statement on a federal…

The Times of India

Man arrested for posing as ICE agent to intimidate voters at polling station

Man arrested for posing as ICE agent to intimidate voters at polling station

Danilo Alves Silva claimed he had bought ‘prop costume’ on Amazon

The Independent UK

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The Economic Times

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Trump may kill free chips and salsa

Tariffs on tomatoes could turn one of dining's smallest gestures of hospitality into a line item

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