polo assassin Articles about United Rentals
Focus On: United Rentals Inc.
March 4, 1999
Headquarters: Greenwich What it does: United Rentals, the largest equipment rental company in North America, has acquired dozens of companies to form a 435 store network in 39 states, and Canada and Mexico. Now he earns a paycheck doing the same job for United Rentals in Bloomfield. “I got my training through the service, became who I am today, it gave me the guidance and direction of where I wanted to go, ” he says. Sen. Richard Blumenthal, D Conn., hopes companies will embrace by hiring veterans. Late Thursday night the Senate unanimously passed the “VOW to Hire Heroes Act of 2011,” giving tax credits to companies that hire veterans. Today, United Rentals after roughly 245 acquisitions is the largest machine tool rental company in the world. The Greenwich based company has 14,700 employees. It has 755 stores in the United States, Canada and Mexico. And with roughly 10 percent of the $25 billion a year tool rental market, United Rentals (ticker symbol: URI) is the one company that strikes fear into the hearts of many of its competitors, industry analysts said.
By Courant Staff Report,
June 11, 2008
STOCK SCOPE UNITED RENTALS UP 13% Shares of Greenwich based United Rentals Inc. jumped 13 percent Tuesday after the rental equipment company said it plans to buy back as much as 31 percent of its outstanding shares. The company’s shares are down 34 percent for the year.
Pe Corp., United Rentals Drag Index Downward
By MARK SHENK; Bloomberg News, October 8, 1999
Connecticut stocks fell Thursday, led by PE Corp. PE Biosystems Group and United Rentals Inc. The Bloomberg Connecticut Index dropped 0.44, to 210.00. The index, up 4.6 percent this year, is a price weighted list of the stocks of 138 companies doing business in Connecticut, and is designed to reflect the performance of the state’s economy. Thursday, 56 index stocks fell and 53 rose. rose 5.7 percent Monday. The Greenwich renter of heavy equipment late last week completed a debt offering and disclosed that Chairman Bradley Jacobs purchased more than $3.5 million in company stock over a four day period. has risen as quickly as a hydraulic lift and has taken a jackhammer to the tool rental industry. The Greenwich based equipment rental company (NYSE: URI), which came out of nowhere last October, now has 213 stores in 29 states and Canada, and a following on Wall Street. About two thirds of company revenues come from equipment rentals mostly to commercial customers and the remainder comes from sales. Rentals Inc. for about $1 billion in stock, United Rentals will have more than $1.5 billion in annual sales and a 6 percent share of the $25 billion a year tool and equipment rental industry.