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Andrew Moran

 

01/02/2013 - 3:07pm
Shares of Zipcar (NASDAQ: ZIP) rallied nearly 50 percent on Wednesday after it was announced that Avis Budget Group (NASDAQ: CAR) had acquired the company for $500 million, or $12.25 per share in cash.
12/31/2012 - 11:49am
HSBC Holding Plc and Markit Economics announced that China's Purchasing Managers' Index (PMI) rose to 51.5 in December from 50.5 from the month prior. The month's final manufacturing PMI increased for the fourth month in a row to a 19-month high because of an increase in business flows that have remained steady and the conclusion of destocking.

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