Wall Street brokerages expect that Avis Budget Group, Inc. (NASDAQ:CAR – Get Rating) will report earnings per share of $11.37 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Avis Budget Group’s earnings. The highest EPS estimate is $15.01 and the lowest is $8.05. Avis Budget Group posted earnings […]
Avis Budget Group, Inc. (NASDAQ:CAR – Get Rating) has been given an average recommendation of “Hold” by the eight research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the […]
US Foods Responds to Sachem Head Capital Management s Attempt to Take Over Control of Board of Directors perishablenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from perishablenews.com Daily Mail and Mail on Sunday newspapers.
Sachem Head Capital Management LP, which owns a 8.7 percent stake approximately $700 million in U.S. Foods, has nominated seven directors in an attempt to seek control of US Foods Holding Corp.'s 10-member board.
Sachem Head said it is looking to wrest control of the company to improve profitability. "A new culture of accountability is required at US Foods, and we believe that change must start in the boardroom," said Scott Ferguson, Sachem Head’s principal.