PARK RIDGE, N.J.-- Rental car company Hertz Global Holdings Inc. said Wednesday that a Facebook marketing executive and a former executive with alcohol maker Diageo have been elected to its board. The company said Everson's experience with social media and digital platforms was valuable as Hertz builds its online services.
said on Monday that private equity firms Clayton, Dubilier& Rice and Carlyle Group, as well as Bank of America Merrill Lynch, have sold off their remaining shares in the car rental agency for $1.24 billion. CD&R, Carlyle and Bank of America Merrill Lynch sold 49.8 million shares for $24.96 each, Hertz said in a press release.
May 6- Hertz Global Holdings Inc:. *Announces sale of 49,800,405 shares of common stock by selling stockholders. Clayton, dubilier& rice, carlyle group, bofa Merrill Lynch.
May 1- Hertz Global Holdings Inc:. *Barclays raises target price to $30 from $23; rating overweight. Reuters Station users, click. 1568.
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April 29- Hertz Global Holdings Inc reported a better-than-expected quarterly profit due to strong demand for car rentals and higher pricing. The company posted a net income of $18.0 million, or 4 cents per share, in the first quarter, compared with a loss of $56.3 million, or 13 cents per share, a year earlier.
NEW YORK, April 29- Hertz Global Holdings Inc:.
*Healthcare stocks rally, Humana among S&P's top percentage gainers. The news boosted shares of some health insurers, including Humana, which derives about two-thirds of its revenue from Medicare Advantage business.
*Healthcare stocks rally, Humana is S&P's top percentage gainer. NEW YORK, April 2- U.S. stocks rose on Tuesday, moving the S&P 500 closer to its all-time intraday high, as increased payment rates for some health insurers boosted the sector and Cyprus concluded bailout talks.