Big investors are reporting their quarterly holdings, offering a glimpse into what some of the big fish were buying and selling during the first quarter.» Read More
Big investors are reporting their quarterly holdings, offering a glimpse into what some of the big fish were buying and selling during the first quarter.
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.
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Gov. Rick Scott (R-Fla.) told CNBC he hopes for a five times return in five years for the $19 million of incentives given to Hertz to relocate its headquarters from New Jersey.
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.
Staff reviewers for the U.S. Food and Drug Administration are expected to ask a panel of medical experts on May 2 if another clinical trial is required before it approves an experimental kidney cancer drug made by Aveo Oncology and Astellas Pharma Inc. **MGIC INVESTMENT CORP, Monday close $5.48, down 13 pct premarket.
**MGIC INVESTMENT CORP, Monday close $5.48, down 13 pct premarket. **PFIZER INC, Monday close $30.43, down 3 pct premarket. **ZOETIS INC, Monday close $32.66.
Some of the names on the move ahead of the open.
**PFIZER INC, Monday close $30.43, down 5 pct premarket. **ZOETIS INC, Monday close $32.66. **NUANCE COMMUNICATIONS INC, Monday close $23.3, down 8 pct premarket.
Check out which companies are making headlines after the bell Monday:
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:.
Certify's SpendSmart report shows the airlines, hotels and rental car agencies used most by North American business travelers.
Hertz Global shot to a long-term high earlier this week along with other car-rental stocks, but yesterday the options paper was bearish.
*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.
*Healthcare stocks rally, Humana is S&P's top gainer. Humana, which derives about two-thirds of its revenue from Medicare Advantage business, rose 7 percent to $80.11. UnitedHealth Group rose 6.2 percent to $62.67, and Cigna Corp was up 4.1 percent to $65.49.
Take a look at some of Tuesday's midday movers: