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News Breaks | | | | February 25, 2013 | | 09:50 EDT |  | HTZ | Hertz Global sees FY13 corporate EBITDA $2.21B-$2.27B
Sees FY13 cost savings $300M. Sees FY13 cash taxes $80M-$85M. Sees FY tax rate 35%, cash interest expense $100M-$120M higher y/y. Sees 300 net new store openings off airport, steady double-digit revenue growth in Donlen. Expects to franchise about $20M of corporate revenue. Sees worldwide rental car pricing flat on 21-23% higher volume, equipment rental pricing +2-3% with volume +10-12%. Comments from slides that will be presented on the Q4 earnings conference call. | |
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News For HTZ From The Last 14 Days Check below for free stories on HTZ the last two weeks. |
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| June 18, 2013 | | 14:16 EDT |  | HTZ | FlightCar 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 EDT | | HTZ | Virgin interested in Hertz's Advantage brand, Bloomberg reports
 Subscribe for More Information | | | June 11, 2013 | | 10:02 EDT | | HTZ | Hertz acquires U.K. accident management provider
Subscribe for More Information | | | June 10, 2013 | | 07:10 EDT |  | HTZ | Electric 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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