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Stock Market & Financial Investment News

News Breaks
March 11, 2013
17:46 EDTHTZHertz Global reiterates FY13 EPS view $1.82-$1.92, consensus $1.89
Reiterates FY13 revenue view $10.85B-$10.95B, consensus $10.89B. Hertz expects FY13 corporate cash flow $500M-$600M. Projects adjusted pre-tax margin will increase to at least 14%-15% by FY14. Guidance provided in presentation slides from Hertz presentation at Credit Suisse Global Services Conference. Shares of Hertz are up 92c, or 4.33%, to $22.15, in after hours trading.
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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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