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Hertz CEO Change Met With Mixed Reactions
Wednesday, December 14, 2016 - 12:21pm | 538Read More...The CEO change at Hertz Global Holdings, Inc (NYSE: HTZ) was met with mixed reactions from the Street, while shares fell as much as 4 percent on the news. The negative share movement suggests investors are not too happy with the development. The Estero, Florida-based rental car company named...
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Hertz's New CEO At The Helm: What's In Store For The Company?
Wednesday, December 14, 2016 - 10:07am | 384Read More...Credit Suisse is bit surprised with Hertz Global Holdings, Inc (NYSE: HTZ)’s CEO change announcement and is wondering whether the management change is a solution to its problems. A Continuation Of A Trend The Estero, Florida-based rental car company named Kathryn Marinello as new CEO,...
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Hertz Just Locked Down Rental Deal With Both Uber And Lyft
Thursday, June 30, 2016 - 8:43am | 434Read More...Shares of Hertz Global Holdings Inc (NYSE: HTZ) surged higher by more than 7 percent early Thursday morning after the company announced it has reached a rental deal with both Uber Technologies and Lyft — the two most popular ride sharing platform. Hertz announced in a press release it reached...
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Investors Sell Hertz Shares Following Q1 Warning
Monday, April 11, 2016 - 8:42am | 259Read More...Shares of Hertz Global Holdings Inc (NYSE: HTZ) plunged more than 8 percent early Monday morning after the company provided an update to its outlook. Hertz Global said it expects its first quarter and full year U.S. car rental revenue and consolidated first-quarter earnings per share to be lower...
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Hertz Prepares For Separation Of Its Rental Equipment Business, Shares Spike
Tuesday, December 22, 2015 - 10:31am | 190Read More...Shares of Hertz Global Holdings Inc (NYSE: HTZ) were trading at $14.48, up nearly 3 percent after the company filed an SEC Form 10 Registration for the separation of its equipment rental business. Hertz said that the planned separation of its rental business will be a tax-free transaction to...
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2 Options Plays On A 2016 Car Rental Recovery
Monday, November 2, 2015 - 3:10pm | 420Read More...Q3 earnings season for car rental companies Avis Budget Group Inc. (NASDAQ: CAR) and Hertz Global Holdings Inc (NYSE: HTZ) begins this week. After a weak 2015 thus far, MKM Partners believes that the car rental stocks could be poised for a strong 2016. The firm recommends two bullish options plays...
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Hertz & Avis: This Analyst Suggests An Auto Rental Derivatives Strategy
Thursday, March 12, 2015 - 5:14pm | 405Read More...In a report issued Thursday, MKM Partners’ Managing Director and Derivatives Strategist Jim Strugger and his team provided an idea for a derivatives play including Hertz Global Holdings, Inc. (NYSE: HTZ) and Avis Budget Group Inc. (NASDAQ: CAR). The firm declares it remains positive on...
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Morgan Stanley: Hertz's New CEO Hire An 'Important Milestone To Let The Healing Begin'
Monday, November 24, 2014 - 9:57am | 209Read More...Hertz Global Holdings, Inc. (NYSE: HTZ) announced last week that it has appointed John P. Tague as president and chief executive officer. In a press release, Hertz stated that "Mr. Tague is a travel and transportation industry veteran who has delivered demonstrable results in revenue...
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Markets End Week On Positive Note As Investors Are Encouraged By Central Bank Developments In Europe, China
Friday, November 21, 2014 - 5:33pm | 945Read More...U.S. stocks ended the week higher as investors were encouraged by announcements in Europe and China. The European Central Bank outlined plans to expand its asset purchase programs by "altering the size, pace and composition of our purchases" if inflation shows signs that it could stay...
