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Stock Market & Financial Investment News

News Breaks
April 17, 2014
06:57 EDTURI, HTZHertz has positive read through from United Rentals results, says Wells Fargo
After United Rentals (URI) reported stronger than expected Q1 results, Wells Fargo thinks the company's results have positive implications for Hertz's (HTZ) equipment rental unit. The firm reiterates an Outperform rating on Hertz.
News For HTZ;URI From The Last 14 Days
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March 2, 2015
10:00 EDTURIOn The Fly: Analyst Upgrade Summary
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07:58 EDTURIUnited Rentals upgraded at Morgan Stanley
As previously reported, Morgan Stanley upgraded United Rentals to Overweight from Equal Weight. The firm said United Rentals continues to benefit from increased North American rental penetration and core U.S. non-residential growth appears robust. Morgan Stanley said believes management is fully commuted to structural change and improving ROIC to 11% by 2017. Price target is $115.
06:08 EDTURIUnited Rentals upgraded to Overweight from Equal Weight at Morgan Stanley
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February 25, 2015
09:08 EDTHTZOn The Fly: Pre-market Movers
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07:14 EDTHTZHertz reports Q4 revenue $2.55B, consensus $2.52B
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07:12 EDTHTZHertz expects foreign currency rates to negatively impact 2015 revenue by 3%
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07:11 EDTHTZHertz remains committed to separation of equipment rental business
Hertz remains committed to the separation of its equipment rental business and is continuing to advance those plans, although the timing of the actual separation will not occur until after the company has completed its accounting review, filed its financial statements with the SEC, and has completed the audited carve out financial statements for the equipment rental business and requisite SEC filing activities for the separation.
07:10 EDTHTZHertz: Early initiatives increase cost reduction commitment to $200M run rate
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February 17, 2015
18:17 EDTHTZJANA Partners gives quarterly update on stakes
NEW STAKES: NCR (NCR), Liberty Ventures (LVNTA), Solarcity (SCTY), Computer Sciences Corp (CSC), Salix (SLXP), and Applied Materials (AMAT). INCREASED STAKES: Hertz (HTZ), Valeant (VRX), Walgreens Boots Alliance (WBA), Rackspace (RAX), and HD Supply (HDS). DECREASED STAKES: AIG (AIG), Actavis (ACT), Charter (CHTR), AerCap (AER), and Energy Transfer Equity (ETE). LIQUIDATED STAKES: Equinix (EQIX), Cameron International (CAM), Dollar General (DG), QEP Resources (QEP), and Amgen (AMGN).
17:06 EDTHTZIcahn gives quarterly update on stakes, takes new stake in Manitowoc
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