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Hertz Global Holdings Inc

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  • Hertz and Green Mountain are big market movers Tuesday, 23 Dec 2014 | 4:52 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Chesapeake Energy Corp., up $1.87 to $20.29. The energy company completed a $5 billion asset sale around Pennsylvania and West Virginia and announced a $1 billion share buyback.

  • Hertz announces price increases, shares jump Tuesday, 23 Dec 2014 | 3:32 PM ET

    NAPLES, Fla.— Shares in Hertz jumped Tuesday after the company said it is raising prices for its car rentals. The Florida- based company said that the price increase applies to all Hertz, Dollar and Thrifty car rentals schedule for pickup after Jan. 1. The decision comes as Hertz is pursuing cost reductions, which it expects will save $100 million annually.

  • NYSE stocks posting largest percentage increases Tuesday, 23 Dec 2014 | 1:22 PM ET

    NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. JP Energy Ptrs LP rose 10.8 percent to $12.26. Chesapeake Energy Corp. rose 10.2 percent to $20.29.

  • Did Carl Icahn cause a new private equity bubble? Wednesday, 3 Dec 2014 | 1:14 PM ET
    Carl Icahn

    Carl Icahn has been everywhere recently, taking up stakes—and pushing for changes—in big companies including Netflix, Hertz, eBay, and Apple.

  • US stocks close at record highs Wednesday, 26 Nov 2014 | 4:16 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks little moved on Wednesday after data had durable goods declining and jobless claims rising.

  • Early Movers: DE, HPQ, HTZ, V, AMZN, TWTR & more Wednesday, 26 Nov 2014 | 8:05 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Carl Icahn raises stake in car rental company Hertz Tuesday, 25 Nov 2014 | 7:01 PM ET
    Carl Icahn

    Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent.

  • Carl Icahn raises stake in car rental company Hertz Tuesday, 25 Nov 2014 | 6:44 PM ET

    The billionaire was already Hertz's largest shareholder and in the past few months had successfully pushed for management changes and won board seats on the company. Earlier this month, Icahn-backed John Tague was named as Hertz's chief executive, fending off a challenge from Dollar Thrifty CEO Scott Thomson, who was backed by Jana Partners, the company's...

  • Early Movers: FL, GPS, GME, ROST, ADSK & more Friday, 21 Nov 2014 | 8:04 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • UPDATE 1-Hertz Global names John Tague as CEO Thursday, 20 Nov 2014 | 5:52 PM ET

    Nov 20- U.S. car rental company Hertz Global Holdings Inc named John Tague as chief executive, overlooking a candidate put forward by activist investor Jana Partners. Hertz had formed a search committee including two independent directors nominated by Icahn to find a replacement for Mark Frissora, who resigned in September. The Committee and the Board...

  • Hertz Global names John Tague as CEO Thursday, 20 Nov 2014 | 5:06 PM ET

    Nov 20- U.S. car rental company Hertz Global Holdings Inc named John Tague, former chief operating officer of United Airlines Inc, as its chief executive officer. Activist investor Jana Partners LLC, which owns an 8.3 percent stake in the company, had pushed for Dollar Thrifty CEO Scott Thompson as a candidate for the top job at Hertz. Hertz has owned up to a string of...

  • After-hours buzz: Gamestop, Hertz, Gap & more Thursday, 20 Nov 2014 | 5:04 PM ET
    Traders on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's after-hours buzz: Gamestop, Hertz, Gap & more.

  • Hertz names Icahn-backed candidate as CEO Thursday, 20 Nov 2014 | 4:25 PM ET
    John Tague in 2003

    Sources familiar with the search have said that a number of funds were pushing for a different candidate, former Dollar Thrifty CEO Scott Thompson.

  • NEW YORK, Nov 14- Billionaire activist investor Carl Icahn increased his stake in e-commerce company eBay Inc. while booking more profits from his stake in Netflix Inc. in the third quarter, a regulatory filing showed on Friday. He cut his stake in Netflix, the streaming video company, by 353,000 shares to 1.4 million shares, a filing with the Securities and...

  • NEW YORK, Nov 14- U.S. stocks posted a fourth straight week of increases but ended Friday little changed as losses in healthcare shares offset gains in energy. Apple shares rose 1.2 percent to $114.18, another record high. Biotech stocks were among biggest decliners in the S&P health care index, which fell 0.8 percent and was the biggest drag on the S&P 500. Gilead...

  • Stocks end little moved; benchmarks up for 4th week Friday, 14 Nov 2014 | 4:14 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks stepped slightly higher Friday, with investors tracking the price of oil.

  • Hertz said in June it would restate results for 2011 due to accounting errors and would review 2012 and 2013 statements. Hertz said on Friday the errors would reduce its attributable net income by about $87 million for the three years. Hertz reported preliminary revenue of $3.12 billion for the third quarter ended Sept. 30.

  • Hertz said in June it would restate results for 2011 due to accounting errors and would review 2012 and 2013 statements. Hertz said on Friday the errors would reduce its attributable net income by about $87 million for the three years. Hertz said it started a cost-cutting program and expects savings of about $100 million by the end of 2015..

  • Hertz to restate 2012, 2013 results Friday, 14 Nov 2014 | 8:21 AM ET

    Nov 14- Car rental company Hertz Global Holdings Inc said it would restate 2012 and 2013 financial results following an ongoing review that showed accounting errors. The company said in June it would restate 2011 results and review results for the past two years. Hertz shares were down 1 percent at $22.50 in premarket trading on Friday.

  • *Baker Hughes confirms merger talks with Halliburton. *Geron jumps on licensing deal with Johnson& Johnson. *The Thomson Reuters/ University of Michigan preliminary November reading on consumer sentiment is expected later in the session at 9:55 a.m. Expectations call for a reading of 87.5 versus the final October reading of 86.9.