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United Rentals Inc (URI.N)

URI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

United Rentals Sees 2019 Total Revenue $9.15 Billion To $9.55 Billion
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - United Rentals Inc ::UNITED RENTALS PRESENTS STRATEGIC VISION AND 2019 FINANCIAL GUIDANCE AT INVESTOR DAY; REAFFIRMS 2018 GUIDANCE; RESUMES SHARE REPURCHASE PROGRAM.UNITED RENTALS PRESENTS STRATEGIC VISION AND 2019 FINANCIAL GUIDANCE AT INVESTOR DAY; REAFFIRMS 2018 GUIDANCE; RESUMES SHARE REPURCHASE PROGRAM.UNITED RENTALS INC - SEES 2019 TOTAL REVENUE $9.15 BILLION TO $9.55 BILLION.UNITED RENTALS INC - SEES 2019 ADJUSTED EBITDA $4.35 BILLION TO $4.55 BILLION.UNITED RENTALS INC - INTENDS TO COMPLETE SHARE REPURCHASE PROGRAM BY END OF 2019.UNITED RENTALS INC - WILL RESUME ITS $1.25 BILLION SHARE REPURCHASE PROGRAM IN DEC.  Full Article

United Rentals Says Co, Units Enter Credit & Guaranty Agreement Which Provides For Senior Secured Term Loan Facility Of $1 Bln
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - United Rentals Inc ::UNITED RENTALS SAYS CO, UNITS ENTERED INTO CREDIT & GUARANTY AGREEMENT WHICH PROVIDES FOR SENIOR SECURED TERM LOAN FACILITY OF $1 BILLION - SEC FILING.UNITED RENTALS INC - TERM LOAN FACILITY MATURES ON OCTOBER 31, 2025.  Full Article

United Rentals Inc - Completes Acquisition Of Blueline And Updates Guidance To Reflect Combination
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - United Rentals Inc ::COMPLETES ACQUISITION OF BLUELINE AND UPDATES GUIDANCE TO REFLECT COMBINATION.SEES 2018 TOTAL REVENUE $7.89 BILLION TO $7.99 BILLION.FY2018 REVENUE VIEW $7.90 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 NET RENTAL CAPEX AFTER GROSS PURCHASES OF $1.35 BILLION TO $1.45 BILLION, AFTER GROSS PURCHASES OF $2.0 BILLION TO $2.1 BILLION.SEES 2018 ADJUSTED EBITDA OF $3.815 BILLION TO $3.865 BILLION.HAS PAUSED CURRENT $1.25 BILLION SHARE REPURCHASE PROGRAM EFFECTIVE WITH BLUELINE CLOSING.  Full Article

United Rentals Announces Pricing Of Offering Of $1.1 Bln Of Senior Notes Due 2026
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - United Rentals Inc ::UNITED RENTALS ANNOUNCES PRICING OF OFFERING OF $1.1 BILLION OF SENIOR NOTES DUE 2026.  Full Article

United Rentals Announces Proposed Offering Of $1.1 Bln Of Senior Notes
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - United Rentals Inc ::UNITED RENTALS ANNOUNCES PROPOSED OFFERING OF $1.1 BILLION OF SENIOR NOTES DUE 2026.UNITED RENTALS INC - URNA TO USE PROCEEDS TO FINANCE PORTION OF ABOUT $2.1 BILLION PURCHASE PRICE FOR PLANNED BLUELINE ACQUISITION.UNITED RENTALS- PENDING BLUELINE ACQUISITION CLOSING,NET PROCEEDS FROM OFFERING WILL BE USED TO REDUCE BORROWINGS UNDER CO'S SENIOR SECURED ABL FACILITY.  Full Article

United Rentals Announces Second Quarter 2018 Results And Raises 2018 Guidance
Wednesday, 18 Jul 2018 

July 18 (Reuters) - United Rentals Inc ::UNITED RENTALS ANNOUNCES SECOND QUARTER 2018 RESULTS AND RAISES 2018 GUIDANCE.Q2 ADJUSTED EARNINGS PER SHARE $3.85.Q2 GAAP EARNINGS PER SHARE $3.20.Q2 REVENUE $1.891 BILLION VERSUS I/B/E/S VIEW $1.85 BILLION.Q2 EARNINGS PER SHARE VIEW $3.45 -- THOMSON REUTERS I/B/E/S.SEES 2018 TOTAL REVENUE $7.5 BILLION TO $7.7 BILLION.SEES 2018 ADJUSTED EBITDA $3.675 BILLION TO $3.775 BILLION.SEES 2018 NET CASH PROVIDED BY OPERATING ACTIVITIES $2.675 BILLION TO $2.825 BILLION.  Full Article

United Rentals Names Jessica Graziano CFO, Effective Oct. 12
Monday, 2 Jul 2018 

July 2 (Reuters) - United Rentals Inc ::WILLIAM PLUMMER TO RETIRE AS CHIEF FINANCIAL OFFICER OF UNITED RENTALS.BOARD HAS APPOINTED JESSICA GRAZIANO AS CHIEF FINANCIAL OFFICER, EFFECTIVE OCTOBER 12.SAYS CFO WILLIAM PLUMMER TO RETIRE.  Full Article

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
Wednesday, 18 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

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