Rental & Leasing Services: Avis Budget Group (NASDAQ:CAR), Hertz Global Holdings (NYSE:HTZ), United Rentals (NYSE:URI), Fly Leasing Ltd(ADR) (NYSE:FLY)

Avis Budget Group, Inc. (Nasdaq:CAR) announced the launch of new mobile applications for customers of Avis Car Rental and Budget Car Rental. The new apps provide travelers with an enhanced user experience, greater transparency and mobile access to the most popular ancillary products and services offered by Avis and Budget, including Loss Damage Waiver protection, a Fuel Service Option, Global Positioning System (GPS) device rentals and various insurance coverage options. Avis Budget Group Inc. (NASDAQ:CAR) stock opened at $48.34 in last session, and closed at $48.77, while the day range of CAR stock is $48.13-$48.97.The stock showed a positive weekly performance of 4.32%.

Hertz Global Holdings, Inc. (NYSE:HTZ) may have to delay filing its financial results and may seek a 15 day extension. The delay is said to be the result of an enterprise resource system (ERP) implementation. Hertz Global Holdings, Inc. (NYSE:HTZ) stock opened at $27.92, in last session and closed at $28.10, by gained 0.39%.The 52 week range was $19.73-$29.81.Company’s market capitalization is $12.62 billion.

Stifel Nicolaus initiated coverage on shares of United Rentals Inc. (NYSE:URI) in a research note issued on Tuesday,TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $99.00 price target on the stock. Stifel Nicolaus’price target points to a potential upside of 17.04% from the company’s current price. United Rentals, Inc. (NYSE:URI) stock loosed -1.31% and finished the last session at $89.33. The EPS of the stock remained 3.65. Company’s market capitalization is $8.33 billion.

FLY Leasing Limited (NYSE: FLY), a global lessor of modern commercial jet aircraft, announced that it has purchased two more aircraft, a Boeing B737-700 and a B737-800. The aircraft, which were manufactured in 2002 and in 2008 respectively, are leased to airlines in South America and in Europe. The acquisitions will be financed from the Company’s free cash and its Term Loan, which was upsized in November 2013. Fly Leasing Ltd (ADR) (NYSE:FLY) stock opened the session at $15.37, and closed the session at $15.13. The 52 week range of the FLY stock remained $12.64-$17.37 and the day range was $14.89-$15.38.

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