Dollar Thrifty Projects Rise In Adjusted EBITDA, Lifts Share Repurchase Authorization

by Benzinga Staff
September 26, 2011 7:09 AM | 24 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Dollar Thrifty Automotive Group Inc (NYSE: DTG) said that it projects adjusted EBITDA to rise 17% to 28% in the third quarter, and lifted its share repurchase authorization.Dollar Thrifty projects corporate adjusted EBITDA of $110 to $120 million, versus $93.7 million, in the year-earlier period. It expects Q3 rental revenue to rise around 2%.Dollar Thrifty's board also lifted the stock buyback authorization to $400 million from $100 million.Dollar Thrifty shares dropped 0.70% to close at $59.58 on Friday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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