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Hertz Global Holdings Inc

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  • Hertz: restatement to hurt income more than anticipated Wednesday, 25 Feb 2015 | 12:33 PM ET

    ESTERO, Fla.— Hertz, which is in the midst of correcting past accounting problems, said Wednesday that its restatement of financial results is going to hurt income more than it previously expected. That same month the company named John Tague as its new CEO after Mark Frissora stepped down from the post in September for personal reasons. Hertz said it now...

  • Hertz says restatement to dent profit more than expected Wednesday, 25 Feb 2015 | 9:40 AM ET

    Hertz also estimated fourth-quarter revenue below Wall Street expectations and said it expects a strong dollar to hurt 2015 revenue by about 3 percent. Hertz estimated that the restatement would reduce GAAP pre-tax income for 2011, 2012 and 2013 by about $153 million, up from its previous estimate of about $138 million. Hertz estimated fourth-quarter...

  • Deals hidden in airline boarding passes Saturday, 27 Dec 2014 | 5:00 PM ET

    On some domestic and international flights, paper or electronic boarding passes come packed with a wide variety of on-the-ground bonuses.

  • Midday movers: Hertz, Ocwen, Coca-Cola & more Tuesday, 23 Dec 2014 | 12:57 PM ET

    Some of Tuesday's midday movers:

  • Stocks cheer Fed; best 2 days of 2014 for Dow, S&P Thursday, 18 Dec 2014 | 4:44 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks surged on Thursday after the Fed said it would be patient in increasing rates and as oil rose.

  • Early Movers: H, GLW, HTZ, KRFT, LNKD & more Thursday, 18 Dec 2014 | 8:34 AM ET

    Companies making headlines before the bell Thursday.

  • After-hours buzz: Avon, Oracle, Jabil, Hertz & more Wednesday, 17 Dec 2014 | 5:03 PM ET

    Companies making headlines after the bell Wednesday:

  • 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.