Hertz Shares Hit All-Time Low After Swing to 1Q Loss
By Dean Seal Shares of Hertz hit a new low after the company's write-down of electric vehicles helped swing it to a loss in the first quarter. The stock fell 18% to an all-time low of $4.75 in early
Press Release: HERTZ REPORTS FIRST QUARTER 2024 RESULTS
HERTZ REPORTS FIRST QUARTER 2024 RESULTS PR Newswire ESTERO, Fla., April 25, 2024 "Fleet and direct operating costs weighed on this quarter's performance, " said Gil West, Hertz chief executive off
Hertz Taps Fintech Stripe for Processing of Rental-Car Payments
Hertz Global Holdings Inc. reached an agreement with Stripe Inc. for the processing of customer payments for its global car-rental business, adding to the financial-technology firm’s roster of clients that also includes Amazon.com Inc. and Uber Technologies Inc.
Hertz Cites Weak Demand, High Damage Costs in Decision to Downsize EV Fleet
Rental-car company is the latest to be hit by weak demand for electric cars. Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from its fleet, or about one-third of the total, in the latest sign that the EV revolution is stalling amid weak demand from consumers.
Tim Cook Missed Out On $100M Club In 2022 And These CEOs Fetched Much Fatter Pay Checks Than The Apple CEO
Not all top-earning CEOs helm the largest companies. In fact, several chief executives, including those at Pinterest (NYSE:PINS), Peloton (NASDAQ:PTON), and Hertz (OTC:HTZGQ), outearned Apple's (NASDA
Today's Pre-Market Stock Movers: HTZ, BIDU, BBBY, CHGG and More
Baidu said it would launch its own artificial intelligence chatbot that will be called "Ernie Bot" in English.
Today's Pre-Market Stock Movers: RAD, NKE, FDX, HTZ and More
The athletic footwear and apparel maker reported better-than-expected quarterly results and raised its revenue forecast. Discounting during the quarter helped Nike to clear out excess inventory.
Hertz Files for Stock Offering, Applies to Return to Nasdaq
By Omar Abdel-Baqui and Alexander Saeedy Hertz Global Holdings Inc. said some of its stockholders are selling 37.1 million common shares, as the rental-car company seeks to start trading again
Hertz Sets Terms for Its 'Re-IPO' -- Barrons.com
Luisa Beltran Hertz Global Holdings, the rental car company that emerged from bankruptcy in June, set the terms Wednesday for a share offering, or what the company has referred to as its "re-IP
Hertz announces 37.1 million share offering by selling shareholders
Hertz Global Holdings Inc. (HTZZ) said Wednesday a group of selling shareholders are planning to offer 37.1 million shares priced at a discount of $25 to $29 a share. The stock closed Tuesday at $3
BRIEF-Hertz Global Holdings Inc Sees Public Offering Of Up To 37.1 Mln Shares Of Common Stock Priced To Be Between $25 And $29 Per Share
Nov 3 (Reuters) - Hertz Global Holdings Inc HTZZ.PK :* HERTZ GLOBAL HOLDINGS INC SEES PUBLIC OFFERING OF UP TO 37.1 MILLION SHARES OF COMMON STOCK PRICED TO BE BETWEEN $25.00 AND $29.00 PER SHARE - S
Tesla Remains Top-Discussed Stock on WallStreetBets; Avis Budget, Bed Bath & Beyond And These Are Other Top Trends Today
Tesla Inc. (NASDAQ:TSLA) continues to be the most-discussed stock on Reddit’s r/WallStreetBets forum as of Tuesday night, while Avis Budget Group Inc. (NASDAQ:CAR), GameStop Corp. (NYSE:GME), Bed Bath
BRIEF-Hertz Global Holdings Board Approves 2021 Omnibus Incentive Plan
Nov 2 (Reuters) - Hertz Global Holdings Inc HTZZ.PK :* HERTZ GLOBAL HOLDINGS INC - ON NOVEMBER 2, BOARD APPROVED 2021 OMNIBUS INCENTIVE PLANSource text: () Further company coverage: HTZZ.PK ((Reuter
Avis Stock Surges On Strong Quarterly Results -- 2nd Update
By Nora Naughton and Akane Otani Avis Budget Group's stock more than doubled Tuesday, following strong quarterly results and a bullish outlook on the recovering rental-car market. The re
Avis Stock Surges On Strong Results, Brightening Rental-Car Outlook
By Nora Naughton Avis Budget Group's stock rose sharply Tuesday, following strong quarterly results and a bullish outlook on the recovering rental-car market. Avis also said it was execu
Hertz Global Shares Up; Elon Musk Tweets on Hertz
By Michael Dabaie Hertz Global Holdings Inc. shares were up 6.4% to $36.33 in recent trading, and earlier in the session touched a 52-week high of $46.00. Late Monday, in response to a tw
Elon Musk Says Tesla Hasn't Signed Deal With Hertz -- 2nd Update
By Omar Abdel-Baqui Tesla Inc. Chief Executive Elon Musk said the electric-vehicle maker hasn't signed a deal with Hertz Global Holdings Inc. yet, which appeared to contradict a Hertz announcem
Elon Musk Says Tesla Hasn't Signed Deal With Hertz -- Update
By Omar Abdel-Baqui Tesla Inc. Chief Executive Elon Musk said the electric-vehicle maker hasn't signed a deal with Hertz Global Holdings Inc. yet, which appeared to contradict a Hertz announcem
Elon Musk Says Tesla Hasn't Signed Deal With Hertz Despite Earlier Announcement
By Omar Abdel-Baqui Tesla Inc. Chief Executive Elon Musk said the electric-vehicle maker hasn't signed a deal with Hertz Global Holdings Inc. yet, which appeared to contradict a Hertz announcem
Apollo Profit Edges Lower, but Distributable Earnings Hit Record
By Miriam Gottfried Apollo Global Management Inc. reported lower third-quarter profit, but the portion of its earnings that it could hand back to shareholders climbed to a record level.
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