In the latest market close, United Rentals (URI) reached $683.61, with a +1.19% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.63%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Shares of the equipment rental company have appreciated by 3.89% over the course of the past month, underperforming the Construction sector's gain of 5.28% and outperforming the S&P 500's gain of 1.76%.Analysts and investors alike will be ke ...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has completed its previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity for approximately $1.1 billion in cash. The transaction and related expenses were funded through a combination of newly issued senior unsecured notes and existing capacity under the company’s ABL facility. ...

In the latest trading session, United Rentals (URI) closed at $675.49, marking a +1.68% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.12%. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.Shares of the equipment rental company witnessed a gain of 0.12% over the previous month, trailing the performance of the Construction sector with its gain of 6.92% and the S&P 500's gain of 2.06%.The investment community will be pay ...

STAMFORD, Conn.--(BUSINESS WIRE)--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 6.125% Senior Notes due 2034 (the “Notes”) in a private offering. URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries. Aggregate net proceeds from the sale of the Notes are expected to be approximately $1.090 bi ...

STAMFORD, Conn.--(BUSINESS WIRE)--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 2034 (the “Notes”) in a private offering. URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries. Aggregate net proceeds from the sale of the Notes are expected to be approximately $1.090 billion after initial p ...

The latest trading session saw United Rentals (URI) ending at $676.81, denoting a -0.38% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.51% for the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.58%.The equipment rental company's stock has climbed by 3.79% in the past month, falling short of the Construction sector's gain of 9.47% and outpacing the S&P 500's gain of 2.94%.The upcoming earnings release of United Rentals w ...

United Rentals, Inc. (URI) announced its acquisition of Yak Access, LLC, Yak Mat, LLC, and New South Access & Environmental Solutions, LLC, collectively known as "Yak," from Platinum Equity for approximately $1.1 billion in cash. Expected to close in the first quarter of 2024, the move diversifies URI's Specialty business offerings, enhancing shareholder returns and positioning the company as a one-stop shop for customers.Shares of United Rentals gained 1.7% during the trading session on Mar 4, 2024.Strateg ...

LOS ANGELES, March 4, 2024 /PRNewswire/ -- Platinum Equity announced today the signing of a definitive agreement to sell Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, "Yak") to United Rentals, Inc. (NYSE: URI) for approximately $1.1 billion in cash. The transaction is expected to close in the first quarter of 2024, subject to limited contractual conditions. Yak is a leader in the North American matting industry with a fleet of approximately 600,000 hardwood ...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity (“Platinum”) for approximately $1.1 billion in cash. The transaction is expected to close in the first quarter of 2024, subject to limited contractual conditions. Yak is a leader in the North American matti ...

The most recent trading session ended with United Rentals (URI) standing at $693.27, reflecting a +1.03% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq increased by 0.9%.The the stock of equipment rental company has risen by 9.72% in the past month, leading the Construction sector's gain of 9.43% and the S&P 500's gain of 3.85%.Investors will be eagerly watching for ...