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Stock Market & Financial Investment News

News Breaks
September 25, 2012
10:27 EDTHTZHertz Global unit acquires Pioneer Equipment Rental and Sales
Hertz Global announced that Hertz Equipment Rental Corporation has acquired Pioneer Equipment Rental and Sales, an Oklahoma-based construction and industrial equipment rental company, focused primarily on rentals to the industrial and construction markets, that services the Oklahoma, Southern Kansas and Northern Texas markets. Pioneer Rental will add $25M of annual revenue to HERC, and the acquisition will be accretive to Hertz's 2012 earnings, Hertz said.
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June 18, 2013
14:16 EDTHTZFlightCar undercutting Hertz, Avis at airport, ABC News reports
FlightCar is undercutting Hertz Global (HTZ) and Avis Budget (CAR) at San Francisco International Airport by offering rental cars for as low as $21 per day, ABC News reports. The start-up, run by teenagers, offers travelers free parking, a free car wash, and a cut of the rental fee to rent their cars out while they travel. Reference Link
June 14, 2013
13:51 EDTHTZVirgin interested in Hertz's Advantage brand, Bloomberg reports
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June 11, 2013
10:02 EDTHTZHertz acquires U.K. accident management provider
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June 10, 2013
07:10 EDTHTZElectric Drive Transportation Association to host annual meeting
2013 EDTA Conference & Annual Meeting is being held in Washington, D.C. on June 10-12.

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