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Stock Market & Financial Investment News

News Breaks
January 2, 2013
16:39 EDTHTZConversion right triggered on Hertz's convertible senior notes
Hertz Global Holdings announced that the company's $474,733,000 aggregate principal amount outstanding of 5.25% Convertible Senior Notes Due 2014 will continue to be convertible by holders of the Notes. This conversion right has been triggered because the company's closing common stock price per share exceeded $10.77 for at least 20 trading days during the 30 consecutive trading day period ending on December 31. Based on this triggering event, the Notes will be convertible until March 31, 2013.
News For HTZ From The Last 14 Days
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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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