United Rentals, Inc. (N:URI)

Business Focus: Business Support Services

Sep 03, 2019 04:15 pm ET
United Rentals to Present at the Morgan Stanley Seventh Annual Laguna Conference
United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Morgan Stanley 7th Annual Laguna Conference on Wednesday, September 11, 2019. The conference will include a presentation by Matt Flannery, president and chief executive officer, and Jessica Graziano, chief financial officer.
Jul 17, 2019 04:15 pm ET
United Rentals Announces Second Quarter 2019 Results
United Rentals, Inc. (NYSE: URI) today announced financial results for the second quarter of 20191.
Jul 01, 2019 04:05 pm ET
United Rentals, Inc. Second Quarter 2019 Conference Call and Audio Webcast Thursday, July 18, 2019 at 11:00 a.m. (ET)
United Rentals, Inc. (NYSE: URI) will hold its second quarter 2019 conference call with Matt Flannery, chief executive officer, and Jessica Graziano, chief financial officer, on Thursday, July 18, 2019, at 11:00 a.m. Eastern Time.
Jun 03, 2019 07:30 am ET
United Rentals Announces Enhanced Capital Allocation Strategy and Reaffirms 2019 Guidance
United Rentals, Inc. (NYSE:URI), the world’s largest equipment rental company, today announced that its board of directors has approved an enhanced capital allocation strategy that remains focused on balancing growth and returns. Specifically, the company is lowering its targeted leverage range to 2.0x-3.0x, from 2.5x-3.5x. The company expects to end the year with a net leverage ratio of approximately 2.5x versus a reported net leverage ratio of 2.9x as of March 31, 2019.
May 08, 2019 04:15 pm ET
Matthew Flannery, New Chief Executive Officer of United Rentals, Appoints Leadership Team
United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced that its president and chief executive officer, Matthew Flannery, has finalized his executive leadership team. Mr. Flannery succeeded Michael Kneeland as CEO on May 8, 2019, at which time Mr. Kneeland became chairman of the board.
Apr 26, 2019 05:11 pm ET
United Rentals Announces Full Redemption of 5.750% Senior Notes Due 2024
United Rentals, Inc. (NYSE:URI) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has given notice of its intention to redeem all of the outstanding $850 million principal amount of its 5.750% Senior Notes due 2024 (CUSIP Number 911365 BB9) (the “Notes”) on May 26, 2019 (the “Redemption Date”). The Notes will be redeemed at a redemption price (the “Redemption Price”) of 102.875% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the Redemption Date.
Apr 26, 2019 04:15 pm ET
United Rentals Announces Pricing of Offering of $750 Million of Senior Notes due 2030
United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $750 million principal amount of 5.25% Senior Notes due 2030 (the “Notes”) in a registered public offering.
Apr 26, 2019 08:42 am ET
United Rentals Announces Proposed Offering of $750 Million of Senior Notes due 2030
United Rentals, Inc. (NYSE:URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $750 million principal amount of Senior Notes due 2030 (the “Notes”) in a registered public offering.
Apr 17, 2019 04:15 pm ET
United Rentals Announces First Quarter 2019 Results
United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 20191.
Apr 04, 2019 04:15 pm ET
United Rentals, Inc. First Quarter 2019 Conference Call and Audio Webcast Thursday, April 18, 2019 at 11:00 a.m. (ET)
United Rentals, Inc. (NYSE: URI) will hold its first quarter 2019 conference call with Michael Kneeland, chief executive officer, Jessica Graziano, chief financial officer, and Matt Flannery, president and chief operating officer, on Thursday, April 18, 2019, at 11:00 a.m. Eastern Time.
Mar 14, 2019 04:15 pm ET
United Rentals to Present at the Bank of America Merrill Lynch Global Industrials Conference 2019
United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Bank of America Merrill Lynch Global Industrials Conference 2019 on Wednesday, March 20, 2019. The conference will include a presentation by Matt Flannery, president and chief operating officer and Jessica Graziano, chief financial officer.
Feb 26, 2019 04:59 pm ET
United Rentals to Present at the Evercore ISI Industrials Conference
United Rentals, Inc. (NYSE:URI) today announced that it will participate in the Evercore ISI Industrials Conference on Tuesday, March 5, 2019. The conference will include a presentation by Matt Flannery, president and chief operating officer and Jessica Graziano, chief financial officer.
Feb 14, 2019 04:56 pm ET
United Rentals to Present at the Citi 2019 Industrials Conference
United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2019 Industrials Conference on Thursday, February 21, 2019. The conference will include a presentation by Matt Flannery, president and chief operating officer and Jessica Graziano, chief financial officer.
Jan 29, 2019 08:20 am ET
New Research: Key Drivers of Growth for Lincoln National, United Rentals, FTI Consulting, American Woodmark, Schnitzer Steel Industries, and Kirkland's — Factors of Influence, Major Initiatives and Su
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Lincoln National Corporation (NYSE:LNC), United Rentals, Inc....
Jan 23, 2019 04:15 pm ET
United Rentals Announces Fourth Quarter and Full Year 2018 Results
United Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter and full year 20181.
Jan 11, 2019 12:12 am ET
United Rentals, Inc. Fourth Quarter and Full Year 2018 Conference Call and Audio Webcast
United Rentals, Inc. (NYSE: URI) will hold its fourth quarter and full year 2018 conference call with Michael Kneeland, chief executive officer, Jessica Graziano, chief financial officer, and Matt Flannery, president and chief operating officer, on Thursday, January 24, 2019, at 12:00 p.m. Eastern Time.
Jan 08, 2019 05:02 pm ET
United Rentals Announces Leadership Succession Plan
United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced that its board of directors has appointed Matthew Flannery, the company’s president and chief operating officer, to become chief executive officer, while retaining the role as president. Additionally, the board has appointed Michael Kneeland, the current chief executive officer, to become non-executive chairman. Bobby Griffin, a 10-year member of the board and chairman of the Strategy Committee, will become lead independent director.
Dec 11, 2018 04:31 pm ET
United Rentals Presents Strategic Vision and 2019 Financial Guidance at Investor Day; Reaffirms 2018 Guidance; Resumes Share Repurchase Program
United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, held its biennial Investor Day in New York City on December 11, 2018, to provide an in-depth look at a range of key initiatives. The event, hosted by senior leadership for members of the investment community, focused on the company’s strategic vision, sustainable competitive advantages and emphasis on long-term value maximization.
Dec 04, 2018 05:04 pm ET
Four United Rentals Board Members Named as Most Influential Corporate Directors by WomenInc.
United Rentals, Inc. (NYSE: URI) today announced that WomenInc., a leading multimedia platform dedicated to women in business, has named four members of the company’s board of directors to its list of 2018 Most Influential Corporate Directors. Honored from United Rentals are Jenne Britell, Ph.D., chairman of the board, as well as directors Terri Kelly, Kim Harris Jones and Gracia Martore.
Dec 03, 2018 07:35 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within The Trade Desk, United Rentals, ServiceMaster Global, Talend S.A, Viking Therapeutics, and SEACOR — New Research Emphasizes Economic
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Trade Desk Inc. (NASDAQ:TTD), United Rentals, Inc. (NYSE:URI),...
Nov 30, 2018 08:27 am ET
United Rentals Completes Acquisition of WesternOne Rentals & Sales
United Rentals, Inc. (NYSE: URI) today announced that United Rentals of Canada, Inc., a wholly-owned subsidiary of the company, has completed the previously announced acquisition of WesternOne Rentals & Sales LP (“WesternOne”) for a cash purchase price of approximately $90.4 million (CA$120.0 million).1 The transaction is not expected to have a material impact on the revenues or earnings of United Rentals.
Nov 19, 2018 08:00 am ET
United Rentals to Webcast Investor Day Meeting
United Rentals, Inc. (NYSE: URI) today announced members of its senior management will present an overview of the company’s operational and financial strategy at the company’s Investor Day meeting in New York on December 11.
Nov 13, 2018 04:15 pm ET
United Rentals Releases Corporate Responsibility Report
United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced the release of its Corporate Responsibility Report for 2017. The report documents the company’s progress related to social responsibility, diversity, ethics, occupational health and safety, environmental stewardship and corporate governance.
Nov 05, 2018 08:30 am ET
Paul McDonnell Promoted to EVP Sales and Specialty Operations
United Rentals, Inc. (NYSE: URI) today announced that Paul McDonnell has been promoted to executive vice president, sales and specialty operations, effective immediately. McDonnell leads the company’s sales organization and specialty rental segment, responsibilities he previously held as senior vice president.
Oct 31, 2018 09:15 am ET
United Rentals Completes Acquisition of BlueLine and Updates Guidance to Reflect the Combination
United Rentals, Inc. (NYSE: URI) today announced that it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash.1 The company used a combination of newly issued debt and bank borrowings to fund the transaction and related expenses.
Oct 24, 2018 05:12 pm ET
United Rentals Announces Pricing of Offering of $1.1 Billion of Senior Notes due 2026
United Rentals, Inc. (NYSE:URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.500% Senior Notes due 2026 (the “Notes”) in a registered public offering.
Oct 24, 2018 08:34 am ET
United Rentals Announces Proposed Offering of $1.1 Billion of Senior Notes due 2026
United Rentals, Inc. (NYSE:URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.1 billion principal amount of Senior Notes due 2026 (the “Notes”) in a registered public offering.
Oct 23, 2018 09:00 am ET
Report: Exploring Fundamental Drivers Behind Corcept Therapeutics, News Corporation, Nightstar Therapeutics PLC Sponsored ADR, Rudolph Technologies, Applied Optoelectronics, and United Rentals — New H
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Corcept Therapeutics Incorporated (NASDAQ:CORT), News Corporation...
Oct 22, 2018 08:00 am ET
United Rentals to Expand in Western Canada with Acquisition of WesternOne Rentals & Sales
United Rentals, Inc. (NYSE:URI) (“United Rentals”) today announced that United Rentals of Canada, Inc., a wholly-owned subsidiary of the company, has entered into a definitive agreement to acquire the assets of WesternOne Rentals & Sales LP (“WesternOne”) from parent WesternOne Inc. for approximately $91.8 million (CA$120.0 million) in cash.* The transaction is expected to close before year-end subject to approval by the shareholders of WesternOne Inc. and certain other customary conditions. It is not contingent on financing, and is not expected
Oct 17, 2018 04:15 pm ET
United Rentals Announces Third Quarter 2018 Results and Raises 2018 Total Revenue and Adjusted EBITDA Guidance
United Rentals, Inc. (NYSE: URI) today announced financial results for the third quarter 20181. Total revenue was $2.116 billion and rental revenue was $1.861 billion for the third quarter, compared with $1.766 billion and $1.536 billion, respectively, for the same period last year. On a GAAP basis, the company reported third quarter net income of $333 million, or $4.01 per diluted share, compared with $199 million, or $2.33 per diluted share, for the same period last year. The third quarter 2018 includes a net income benefit associat
Oct 03, 2018 04:15 pm ET
United Rentals, Inc. Third Quarter 2018 Conference Call and Audio Webcast
United Rentals, Inc. (NYSE: URI) will hold its third quarter 2018 conference call with Michael Kneeland, chief executive officer, Jessica Graziano, chief financial officer, and Matt Flannery, president and chief operating officer, on Thursday, October 18, 2018, at 11:00 a.m. Eastern Time.
Sep 28, 2018 01:07 pm ET
United Rentals Announces Launch of Syndication of $1 Billion Secured Term Loan B
United Rentals, Inc. (“United Rentals”, NYSE:URI) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”) launched syndication of a $1 billion senior secured term loan B credit facility (the “Term Loan B”), which will be guaranteed by United Rentals and certain subsidiaries of URNA and secured by the same collateral as URNA’s existing senior secured asset-based revolving credit facility. The Term Loan B is expected to mature in October 2025; however, the terms and conditions and closing of the Term Loan B will depend o
Sep 10, 2018 07:31 am ET
United Rentals to Acquire BlueLine Rental for $2.1 billion
United Rentals, Inc. (NYSE: URI) and BlueLine Rental (“BlueLine”) today announced that they have entered into a definitive agreement under which United Rentals will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash.1 The board of directors of United Rentals unanimously approved the agreement. The transaction is expected to close in the fourth quarter of 2018, subject to Hart-Scott-Rodino clearance and customary conditions.
Sep 04, 2018 08:30 am ET
United Rentals Names Kim Harris Jones to Board of Directors
United Rentals. Inc. (NYSE: URI) today announced that Kim Harris Jones has joined the board of directors, effective September 1, 2018. Her appointment expands the composition of the board to 12 members, of which 11 are independent directors. She will serve on the audit committee.
Aug 10, 2018 07:45 am ET
New Research: Key Drivers of Growth for United Rentals, DISH Network, Terex, Plains Group Holdings, The Hain Celestial Group, and Incyte — Factors of Influence, Major Initiatives and Sustained Product
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of United Rentals, Inc. (NYSE:URI), DISH Network Corporation (NASDAQ:DISH),...
Jul 31, 2018 08:45 am ET
United Rentals Completes Acquisition of BakerCorp and Updates Guidance to Reflect Impact
United Rentals, Inc. (NYSE:URI) today announced that it has completed its previously announced acquisition of BakerCorp International Holdings, Inc. (“BakerCorp”) for a total purchase price of approximately $715 million. The transaction was funded through a combination of cash and available capacity on the company’s senior secured asset-based revolving credit facility.
Jul 18, 2018 04:15 pm ET
United Rentals Announces Second Quarter 2018 Results and Raises 2018 Guidance
United Rentals, Inc. (NYSE: URI) today announced financial results for the second quarter 20181. Total revenue was $1.891 billion and rental revenue was $1.631 billion for the second quarter, compared with $1.597 billion and $1.367 billion, respectively, for the same period last year. On a GAAP basis, the company reported second quarter net income of $270 million, or $3.20 per diluted share, compared with $141 million, or $1.65 per diluted share, for the same period last year. The second quarter 2018 includes a net income benefit asso
Jul 05, 2018 04:15 pm ET
United Rentals, Inc. Second Quarter 2018 Conference Call and Audio Webcast
United Rentals, Inc. (NYSE: URI) will hold its second quarter 2018 conference call with Michael Kneeland, chief executive officer, William Plummer, chief financial officer, and Matt Flannery, chief operating officer, on Thursday, July 19, 2018, at 11:00 a.m. Eastern Time.
Jul 02, 2018 07:30 am ET
United Rentals to Acquire BakerCorp
United Rentals, Inc. (NYSE:URI) (“United Rentals” or “the company”) and BakerCorp International Holdings, Inc. (“BakerCorp”) today announced that they have entered into a definitive agreement under which United Rentals will acquire BakerCorp for approximately $715 million in cash. The boards of directors of United Rentals and BakerCorp have unanimously approved the agreement. The transaction is expected to close in the third quarter of 2018.
Jul 02, 2018 07:30 am ET
William Plummer to Retire as Chief Financial Officer of United Rentals
United Rentals, Inc. (NYSE: URI) today announced that William Plummer will retire as executive vice president and chief financial officer on October 12, 2018. Mr. Plummer is the company’s longest-serving CFO, having joined United Rentals in 2008. He will remain with United Rentals until January 31, 2019, in an advisory capacity.
Jun 05, 2018 09:00 am ET
May 09, 2018 07:35 am ET
Consolidated Research: 2018 Summary Expectations for Catalent, MGIC Investment, United Rentals, Clovis Oncology, Pure Storage, and Chipotle Mexican Grill — Fundamental Analysis, Key Performance Indica
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Catalent, Inc. (NYSE:CTLT), MGIC Investment Corporation (NYSE:MTG), United...
Apr 18, 2018 04:15 pm ET
United Rentals Announces First Quarter 2018 Results and New $1.25 Billion Share Repurchase Program
United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter 20181. Total revenue was $1.734 billion and rental revenue was $1.459 billion for the first quarter, compared with $1.356 billion and $1.166 billion, respectively, for the same period last year. On a GAAP basis, the company reported first quarter net income of $183 million, or $2.15 per diluted share, compared with $109 million, or $1.27 per diluted share, for the same period last year. The first quarter of 2018 includes a net income benefit assoc
Apr 05, 2018 04:05 pm ET
United Rentals, Inc. First Quarter 2018 Conference Call and Audio Webcast
United Rentals, Inc. (NYSE:URI) will hold its first quarter 2018 conference call with Michael Kneeland, chief executive officer, William Plummer, chief financial officer, and Matt Flannery, chief operating officer, on Thursday, April 19, 2018, at 11:00 a.m. Eastern Time.
Mar 09, 2018 07:45 am ET
New Research Coverage Highlights Great Western, Acadia Realty Trust, Interpace Diagnostics Group, Abercrombie & Fitch, United Rentals, and ZIOPHARM Oncology — Consolidated Revenues, Company Growth, an
NEW YORK, March 09, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Great Western Bancorp, Inc. (NYSE:GWB), Acadia...
Mar 08, 2018 04:15 pm ET
Matthew Flannery Appointed President of United Rentals
United Rentals, Inc. (NYSE: URI) today announced that its Board of Directors has appointed Matthew Flannery as president of the company, in addition to his responsibilities as chief operating officer. Michael Kneeland, who became president and chief executive officer of United Rentals in 2008, will continue to lead the company as its CEO.
Mar 01, 2018 04:30 pm ET
United Rentals Expands Tool Solutions Specialty Offering with Acquisition of Industrial Rental Services Fleet
United Rentals, Inc. (NYSE:URI) (“United Rentals” or “the company”) today announced that it has acquired the assets of Industrial Rental Services, LLC from JMH Capital. Industrial Rental Services is a leading U.S. provider of two-way radio solutions and industrial blinds, primarily in the Gulf and West Coast regions.
Feb 27, 2018 04:15 pm ET
United Rentals to Present at the Evercore ISI Annual Industrial Conference
United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Evercore ISI Annual Industrial Conference on Tuesday, March 6, 2018. The conference will include a presentation by William Plummer, chief financial officer and Matt Flannery, chief operating officer.
Feb 14, 2018 04:43 pm ET
United Rentals to Present at the Citi 2018 Industrials Conference
United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2018 Industrials Conference on Thursday, February 22, 2018. The conference will include a presentation by William Plummer, chief financial officer and Matt Flannery, chief operating officer.
Jan 24, 2018 04:15 pm ET
United Rentals Announces Fourth Quarter and Full Year 2017 Results
United Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter and full year 20171.
Jan 11, 2018 04:15 pm ET
United Rentals, Inc. Fourth Quarter and Full Year 2017 Conference Call and Audio Webcast
United Rentals, Inc. (NYSE:URI) will hold its fourth quarter and full year 2017 conference call with Michael Kneeland, chief executive officer, William Plummer, chief financial officer, and Matt Flannery, chief operating officer, on Thursday, January 25, 2018, at 12:00 p.m. Eastern Time.
Dec 06, 2017 06:22 pm ET
United Rentals Announces Extension of Exchange Offer for URNA’s 4.875% Senior Notes due 2028
United Rentals, Inc. (NYSE:URI) (“URI” or the “Company”) today announced that its subsidiary, United Rentals (North America), Inc. has extended the expiration date of its offer to exchange (the “Exchange Offer”) up to $750 million aggregate principal amount of its outstanding 4.875% Senior Notes due 2028 issued in a registered offering on September 22, 2017 (the “Old Notes”) for an equivalent amount of its new 4.875% Senior Notes due 2028 (the “New Notes”) registered under the Securities Act of 1933, as amended. As a result of the extension, the
Nov 13, 2017 08:10 am ET
Consolidated Research: 2018 Summary Expectations for Tapestry, Trinity, Lockheed Martin, United Rentals, CarMax, and TETRA Technologies – Fundamental Analysis, Key Performance Indications
NEW YORK, Nov. 13, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Tapestry, Inc. (NYSE:TPR), Trinity Industries, Inc....
Nov 07, 2017 04:15 pm ET
United Rentals to Present at the Goldman Sachs Industrials Conference 2017
United Rentals, Inc. (NYSE:URI) today announced that it will participate in Goldman Sachs’ Industrials Conference 2017 on Tuesday, November 14, 2017. The conference will include a presentation by Michael Kneeland, chief executive officer, and William Plummer, chief financial officer.
Oct 18, 2017 04:15 pm ET
United Rentals Announces Third Quarter 2017 Results
United Rentals, Inc. (NYSE:URI) today announced financial results for the third quarter 2017. Total revenue was $1.766 billion and rental revenue was $1.536 billion for the third quarter, compared with $1.508 billion and $1.322 billion, respectively, for the same period last year. On a GAAP basis, the company reported third quarter net income of $199 million, or $2.33 per diluted share, compared with $187 million, or $2.16 per diluted share, for the same period last year.
Oct 05, 2017 04:30 pm ET
United Rentals, Inc. Third Quarter 2017 Conference Call and Audio Webcast
United Rentals, Inc. (NYSE:URI) will hold its third quarter 2017 conference call with Michael Kneeland, chief executive officer, William Plummer, chief financial officer, and Matt Flannery, chief operating officer, on Thursday, October 19, 2017, at 11:00 a.m. Eastern Time.
Aug 08, 2016 03:20 pm ET
Echo Barrier And United Rentals Sign Exclusive Agreement For Product Distribution Throughout The United States And Canada
NEW YORK, Aug. 8, 2016 /PRNewswire/ -- Echo Barrier USA (Echo Barrier) is pleased to announce an exclusive agreement with United Rentals, Inc. (NYSE: URI) for the distribution of Echo Barrier products in United Rentals branches in the United States and Canada. ...