Stocks In Focus (RM, MKTS, JSDA, CAR. DTG)

Direct Markets Holdings Corp (NASDAQ:MKTS) among the gainers and the stock moved up 25.0% to $0.15 after the Company released second quarter results. Investment banking revenue was $2.3 million in the second quarter of 2012. Brokerage revenue for the second quarter was approximately $6.6 million. Merchant banking revenue for the second quarter was a $0.1 million loss. Principal transactions revenue for the second quarter was a $2.5 million loss compared to a $5.2 million loss for the second quarter of 2011. Net loss was $9.0 million or ($0.25) per diluted share for the second quarter 2012.

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Jones Soda Co. (USA) (NASDAQ:JSDA) is up 2.37% to $0.350. The Company reported second quarter loss of $459,000 or 1 cent per share compared to loss of $1.8 million or 6 cents per share in the prior year period. The revenue rose 7% to $5.3 million.

Avis Budget Group Inc (NASDAQ:CAR) augmented 5.19% to $16.81 on a traded volume of 2.01 million shares. Avis Car Rental has improved its customer loyalty program. The Company announced that it has removed the blackout restrictions on its two-day weekend rental reward certificates. 

Dollar Thrifty Automotive Group Inc (NYSE:DTG) soared 7.41% to $87.0. Hertz Global Holdings Inc and Dollar Thrifty Automotive Group Inc have entered into a definitive merger agreement. Hertz would acquire Dollar Thrifty for $87.50 per share in cash. The total deal value will be approximately $2.3 billion. The Boards of Directors of both companies have unanimously approved the transaction. Hertz also announced that it has reached an agreement to sell the Advantage business to Franchise Services of North America and Macquarie Capital. 

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