Edition:
India

United Rentals Inc (URI.N)

URI.N on New York Stock Exchange

168.22USD
19 Apr 2018
Change (% chg)

$-11.78 (-6.54%)
Prev Close
$180.00
Open
$174.00
Day's High
$175.50
Day's Low
$165.77
Volume
881,663
Avg. Vol
309,781
52-wk High
$190.70
52-wk Low
$100.65

Latest Key Developments (Source: Significant Developments)

United Rentals Announces Extension Of Exchange Offer For URNA’s 4.875% Senior Notes Due 2028
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - United Rentals Inc ::UNITED RENTALS ANNOUNCES EXTENSION OF EXCHANGE OFFER FOR URNA’S 4.875% SENIOR NOTES DUE 2028.UNITED RENTALS - AS RESULT OF EXTENSION, EXCHANGE OFFER IS NOW SCHEDULED TO EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON DEC 15, UNLESS FURTHER EXTENDED.  Full Article

United Rentals reports Q3 adjusted earnings per share $3.25
Thursday, 19 Oct 2017 

Oct 18 (Reuters) - United Rentals Inc :United Rentals announces third quarter 2017 results.Q3 adjusted earnings per share $3.25.Q3 GAAP earnings per share $2.33.Q3 revenue $1.766 billion versus I/B/E/S view $1.71 billion.Q3 earnings per share view $2.98 -- Thomson Reuters I/B/E/S.Qtrly ‍pro forma rental revenue increased 8.9% year-over-year​.‍Raised 2017 gross capex plan by up to $200 million.Sees FY 2017 revenue $6.525 billion to $6.625 billion‍​.  Full Article

United Rentals to buy Neff Corporation for about $1.3 bln
Thursday, 17 Aug 2017 

Aug 16 (Reuters) - United Rentals Inc - :United Rentals to acquire Neff Corporation.Deal for approximately $1.3 billion.Entered into a definitive agreement under which United Rentals will acquire Neff for $25 per share in cash.United Rentals Inc - for full year 2017, Neff is expected to generate $207 million of adjusted ebitda at a 49.5 percent margin on $419 million of total revenue.Boards of directors of United Rentals and Neff unanimously approved agreement.Transaction is expected to be immediately accretive to cash eps and free cash flow.United Rentals - immediately prior to entering agreement with United Rentals, Neff terminated its previous agreement with H&E equipment services, Inc.United Rentals - in connection with this termination, united rentals has paid H&E a termination fee of approximately $13.2 million on behalf of Neff..Transaction is not conditioned on financing.United Rentals - Co to use combination of cash, existing capacity under its ABL facility, and newly issued debt to fund deal and related expenses..  Full Article

United Rentals announces redemption of 7.375% senior notes due 2020
Thursday, 21 Jul 2016 

United Rentals Inc : United rentals inc says notes will be redeemed at a redemption price equal to 103.688% of principal amount of notes . Expects to use borrowings of $211 million under senior secured asset-based revolving credit facility to redeem notes,pay related expenses . Its unit to redeem all of outstanding $200 million principal amount of its 7.375% senior notes due 2020 on august 19, 2016 .United rentals announces redemption of 7.375% senior notes due 2020.  Full Article

United Rentals Q2 adj earnings per share $2.06
Thursday, 21 Jul 2016 

United Rentals Inc : FY2016 earnings per share view $7.66, revenue view $5.67 billion -- Thomson Reuters I/B/E/S . United rentals announces second quarter 2016 results . Q2 adjusted earnings per share $2.06 . Q2 gaap earnings per share $1.52 . Q2 revenue $1.421 billion versus I/B/E/S view $1.4 billion . Q2 earnings per share view $1.82 -- Thomson Reuters I/B/E/S .Reaffirms 2016 financial outlook.  Full Article

United Rentals announces redemption of 7.375% senior notes due 2020
Thursday, 21 Jul 2016 

United Rentals Inc : United rentals inc says notes will be redeemed at a redemption price equal to 103.688% of principal amount of notes . Expects to use borrowings of $211 million under senior secured asset-based revolving credit facility to redeem notes,pay related expenses . Its unit to redeem all of outstanding $200 million principal amount of its 7.375% senior notes due 2020 on august 19, 2016 .United rentals announces redemption of 7.375% senior notes due 2020.  Full Article

United Rentals says enters amendments to asset-based loan facility
Thursday, 9 Jun 2016 

United Rentals Inc :Effective as of June 8, Co, units entered amendment to ABL facility governed by 2nd amended credit agreement, dated as of March 31, 2015.  Full Article

BRIEF-United Rentals Q1 Adjusted Earnings Per Share $2.87

* UNITED RENTALS ANNOUNCES FIRST QUARTER 2018 RESULTS AND NEW $1.25 BILLION SHARE REPURCHASE PROGRAM