Saturday, July 20, 2013

United Rentals Results Don't Bode Well for Equipment Manufacturers


The recent results of United Rentals (NYSE: URI) don’t bode well for the results of equipment manufactures such as Terex (NYSE: TEX) or Manitowoc (NYSE: MTW).

United Rentals claims the largest equipment rental company in the world, operating 824 rental locations in North America.

The company reported results that again smashed estimates, sending the stock soaring 10% higher for the initial day of trading after the report. The limited more »


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