United Rentals posts 1Q profit well ahead of views – CBS News
United Rentals posts 1Q profit well ahead of views CBS News United Rentals Inc.'s shares jumped in after-hours trading Tuesday after the heavy-equipment-rental company posted a first-quarter profit that easily topped Wall Street's expectations. The company, based in Greenwich, has been hit in the past few years … United Rentals Posts 1Q Profit Well Ahead Of Views- URI, JPM, FCX, CSTR, STX …eStocksDaily |
United Rentals posts 1Q profit well ahead of views – BusinessWeek
United Rentals posts 1Q profit well ahead of views BusinessWeek United Rentals Inc.'s shares jumped in after-hours trading Tuesday after the heavy-equipment-rental company posted a first-quarter profit that easily topped Wall Street's expectations. The company, based in Greenwich, has been hit in the past few years … |
United Rentals shares up 9 percent on 4Q profits
Shares of heavy equipment rental company United Rentals Inc. surged 9 percent Thursday after the company announced fourth-quarter earnings that widely beat analyst expectations.
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United Rentals to merge with RSC Holdings
United Rentals Inc. and RSC Holdings Inc. on Dec. 16 agreed to merge, with plans for United
Rentals to acquire RSC in a cash-and-stock transaction valued at $18 per share, or a total
enterprise value of $4.2 billion, including $2.3 billion of net debt.
The Boards of Directors of both companies have unanimously approved the proposed transaction and [...]
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United/RSC merger details
During an investor presentation this morning, United Rentals and RSC announced the following details of their merger:
* The combined companies will have a customer mix of about 47 percent commercial/construction and 35 percent industrial/non-construction, with other markets such as infrastructure and residential rentals taking up the balance. Both companies have considered large customers [...]
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