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•    Car rental company Dollar Thrifty Automotive Group (NYSE:DTG) said the company's CEO and President Mr. Scott L. Thompson will take over the role of Chairman of the Board of Directors with immediate effect. He succeeds Richard W Neu who will assume the role of Lead Independent Director •    Food and beverage company Sara Lee (NYSE:SLE) [...]

Harmony Gold Mining Co. (ADR) (NYSE:HMY) reported the gain of 6.67% and closed at $14.39 whereas overall traded volume stood at 10 million shares for the day. Its price to earnings ratio stands at 239.83 times till its last trading session. Its dividend yield is 0.49%. Iron Mountain Incorporated (NYSE:IRM) moved up by 0.81% to close [...]

This morning my Barchart new high screener detected price movement on Dollar Thrift Automotive Group (DTG) so I added it as a short term holding in the Barchart Van Meerten New High portfolio. Recently there have been several suitors looking to acquire this company.  In the past I've noticed price movement just like this and have [...]

Research In Motion Limited (NASDAQ: RIMM) on Tuesday announced that the BlackBerry PlayBook tablet will be sold starting April 19 from all Best Buy (BBY) stores and Best Buy Mobile stores in the U.S. Shares of Bristol-Myers Squibb Co. (NYSE: BMY) rallied as much as 5% in Tuesday's pre-market trading after the drugmaker said that its much anticipated experimental drug ipilimumab extended survival of previously untreated patients with advanced melanoma in a late stage study. The Food...

Hewlett-Packard (NYSE: HPQ) announced Leo Apotheker as its new CEO, sparking concerns from investors that he may not be the right man for the job. Investors are concerned about his tenure at SAP (NYSE: SAP), which didn't live up to expectations. They were also concerned that being from France and having a pointy head, that he was actually a Conehead, and not a real person. Dollar Thrifty (NYSE: DTG) shareholders rejected Hertz's (NYSE: HTZ) new offer, hinting that Avis (NYSE: CAR) could...

Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that the Company did not obtain the requisite votes to execute its definitive merger agreement with Hertz Global Holdings, Inc. (NYSE: HTZ) at the special meeting of shareholders held today. The final vote results, which were certified by IVS Associates, Inc., the inspector of election, totaled 11,811,154 votes for and 13,830,126 against, with 4,735 abstentions. Scott Thompson, president and CEO of Dollar Thrifty...

Avis Budget Group, Inc. (NYSE: CAR) today sent a letter including the following statements to Dollar Thrifty Automotive Group, Inc. (NYSE: DTG): We believe that the Board of Directors of Dollar Thrifty should have declared our recent offer to be a superior proposal, and do not agree with the Board's purported reasons for not doing so. We believe that Dollar Thrifty shareholders deserve to receive the highest value for their investment, and the latest "best and final" offer from Hertz is...

Avis Budget Group (CAR) hiked the cash portion of its Dollar Thrifty Automotive (DTG) bid by 12% this morning, bringing the total offer to about $1.6 billion, or $53 per share, in an effort to edge out fellow-suitor Hertz Global Holdings (HTZ). The latter's latest bid came earlier this month, and totaled $1.53 billion, [...]

Dollar Thrifty Automotive Group (NYSE: DTG) surged more than 5% after Hertz Global Holdings (NYSE: HTZ) won the bidding war for the holding company for Thrifty Car Rental and Dollar Rent a Car. HTZ had sweetened its buyout offer to $50 per share, or approximately $1.4 billion, beating a rival bid from Avis Budget Group (NYSE: CAR). HTZ's CEO Mark Frissora and DTG's Chairman Thomas Capo said in a joint statement, “We are pleased to reach an agreement that reflects the significant...

Dollar Thrifty Automotive (DTG) shares jumped by 5% on Monday after Hertz Global Holdings (HTZ) hiked its buyout bid to $1.56 billion or $50 per share in cash and stock, based on the latter's closing value on Friday. The offer tops the $1.36 billion bid placed by Avis Budget Group (CAR) earlier this month, [...]

Dollar Thrifty Automotive Group Inc. (NYSE: DTG) and Hertz Global Holdings, Inc. (NYSE: HTZ) today jointly announced an agreement to amend their merger agreement to provide for Hertz to acquire Dollar Thrifty for an increased purchase price of $50.00 per share, valued at the Friday, September 10, 2010 closing price of Hertz stock of $10.05, consisting of $43.60 in cash (including approximately $6.87 per share to be paid by Dollar Thrifty as a special cash dividend immediately prior to the...

從近期走勢來看，標普下一步將測試1075點附近的移動平均趨勢綫。如果跌破這一支撐，將出現更大幅度的回調，不過目前看來這一支撐仍固若金湯。換句話說，盡管市場短期內似乎仍有下跌要求，只要不跌破標普500指數的1075點，多頭應該不會陷入嚴重困境。

The last 14 months delivered incredible "runs" (3x, 4x, 5x, and better share price recoveries) for countless companies, literally across all sectors as persons realized the world wasn't ending. Perhaps one of the best we've seen -- Dollar Thrifty Automotive Group Inc. (DTG):Wow - from under $1 when balance sheet worries in late 2008 pressed shares to now $50 amidst a Hertz (HTZ) /Avis (CAR)

I love these letters.  The CEO of Avis Budget (CAR) has sent a letter to the CEO of Dollar Thrifty, expressing his anger that DTG had not entertained his offer to buy the company, and had cancelled discussions and accepted a low-ball bid from Hertz.   As I'd written then: Dollar Thrifty President and CEO Scott Thompson kept it short and sweet: Scott L. Thompson, Dollar Thrifty's President and Chief Executive Officer, said, "The combination of Dollar Thrifty with a larger...

(Sunday 10:37pm PST) Car rental giant Hertz (HTZ) announced that they will acquire Dollar Thrifty (DTG) for $41 per share in cash, for a " a 19% premium to the 30-day average closing price of Dollar Thrifty's common stock. " Oh how nice. Dollar Thrifty shareholder might point out that the offer is only a 6% premium from last Friday's close, but hey! - that doesn't sound as respectable in a press release. Dollar Thrifty President and CEO Scott Thompson kept it short...

Dollar Thrifty Automotive Group Inc. (DTG) recently hit a new 52-week high on the company's strong Q4 results from mid February and a bullish next-year estimate projecting 49% earnings growth. Company Description Dollar Thrifty Automotive Group, Inc., through its subsidiaries, rents and leases vehicles through company owned and franchised stores under the name's DOllar and Thrifty in [...]

U-Haul parent Amerco (UHAL) is surging higher today after reporting a profit in its fiscal third quarter. Amerco reported a surprise third-quarter profit after the bell yesterday. Analysts had expected the company to lose -10 cents for the period, but U-Haul's parent company brought in EPS of 2 cents on consolidated revenue of $463.6 million. [...]

The Continuing Cover Curse Courtesy of Tim Knight's Slope of Hope It's actually getting a little amazing to watch what's going on in the popular media. I got the latest issue of Time magazine in the mail, and check out the back cover......... Ummmmmmmm........don't miss the bounce? Like buying DTG at $20.60 per share? Folks, even if there's more upside from here, the "bounce" already happened! Gobbling up anything with a ticker symbol in mid-March has turned out to be...