United Rentals News

United Rentals recently provided an 'integration update' to its community of investors in regard to its recently finalized acquisition of RSC Rental, during which the company said that the combined companies' targeted cost synergies have been raised to $230 million.

Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.

Volaris Group today announced it has purchased Wynne Systems, InfoManager Inc. and Wynne Systems EMEA, N.V. from United Rentals.

Columbia-based Continental Freight Services was recently acquired by XPO Logistics for $3.4 million.

Netflix, Inc. : Needham believes shares of Netflix still look expensive based on its estimates of 2012 and 2013 earnings and keeps an Underperform rating on the stock.

During the 22 years that entrepreneur Bradley Jacobs has lived in Greenwich, he's started a handful of companies, two of which, United Rentals and United Waste Management LLC, were based in Greenwich Office Park and grew to billion-dollar enterprises.

JPMorgan Chase & Co. : Wells Fargo reduced its 2012 EPS estimate for JPMorgan to reflect the bank's expected $2B investment loss, as well as an additional $3B that the firm expects the bank to lose as a result of its situation.

The firm currently has an "outperform" rating on the stock. The analysts wrote, "Ahead of attending our Industrials Conference on 5/16/12, URI will host an RSC Holdings acquisition 'Integration Update' at 8am ET on 5/14/12. With business conditions/results strong for both companies as of their recent 1Q12 earnings releases, we anticipate upbeat ... (more)

For Lance Brown, reopening his family-owned Pilchuck Rentals business in the area this year was a way to meet an unfilled need.

A stock with a high short interest ratio indicates that a large number of investors believe the price of the stock will fall in the future.

United Rentals completed its previously announced acquisition of RSC Holdings Inc.