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Avis Buying Zipcar In Deal Worth Nearly $500 Million

Avis is leaping into the car-sharing service business by buying Cambridge-based Zipcar for $491.2 million.


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Car Sharing Gains Popularity

With gas prices on the rise, some people are looking to cut the costs of getting around. They’re saying goodbye to car ownership, and hello to car sharing.


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ZipCar Stock Takes A Hit

Zipcar, which went public last year, is finally profitable and reported Tuesday that it had a good fourth quarter.


(Photo courtesy: Crumbs-Facebook)

Business Headlines: Crumbs Coming; ZipCar’s Deal With Boston

The gourmet cupcake chain Crumbs is coming to Boston.


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Zipcar Planning Expansion Into Europe

Car-sharing service Zipcar Inc. said Wednesday that it named Frerk-Malte Feller as president of its European operations, where it has made acquisitions to expand.


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Cambridge-Based Zipcar Expands To Providence, RI

Car-sharing service Zipcar Inc. is expanding its operations into Rhode Island’s capital city.


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Cambridge-Based Zipcar Sees Stock Gain 56% After IPO

A Cambridge company attracted a bunch of attention on Wall Street as Zipcar launched its initial public offering of stock. The IPO was offered at 18 dollars a share, and gained 56% for the day.


Dave Caruso, WBZ News Radio

Before The Bell – Jobless Claims Up

WBZ News Radio’s Financial Editor Dave Caruso reports on an increase in the weekly jobs data and a couple of IPO’s in the news.

WBZ NewsRadio 1030–04/14/2011

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Zipcar Going Public

Zipcar is going public Thursday.


(Photo by Mario Tama/Getty Images)

Cambridge-Based Zipcar An IPO ‘Hot Ticket’

Zipcar is expected to get a warm reception from Wall Street for its planned initial public offering this week.