Shares have fallen 14% since March at UNITED RENTALS (19, URI), which rents used construction equipment-from John Deere backhoes to Skil circular saws-and has 730 branches in 48 states.
An outsider who arrived in 1997 after modernizing production at Emerson Electric Co. and reviving its Skil Power Tool division, the 59-year-old Davis came to Donnelley expecting to shed distracting businesses.
