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Stock Market & Financial Investment News

News Breaks
August 20, 2014
19:13 EDTHTZHertz remains focused on executing its operating initiatives
Hertz Global Holdings Inc. issued the following statement. "The Hertz board and leadership team value the views of all Hertz shareholders and welcome a constructive dialogue with them. All of us at Hertz are focused on addressing the company's recent challenges. While it will take time to complete the accounting review, we are making progress. We are in the process of implementing new procedures and controls, and we have made a number of important additions to the accounting and finance teams over the past few months. We remain focused on the business and executing our operating initiatives. We have a good handle on the nature and scope of the issues in the business and are executing plans to resolve them. Hertz also benefits from a solid foundation and clearly defined strategic priorities, including the planned separation of the company's equipment rental business into a separate, publicly traded company, which is advancing; the integration of Dollar Thrifty; expanding Hertz's off-airport footprint; and building on the company's success with Donlen leasing. As we address our challenges, we are confident that execution on these priorities, as well as the company's $1B share repurchase program, will drive enhanced performance and shareholder value. We look forward to continuing our dialogue with all Hertz shareholders as we execute on these plans."
News For HTZ From The Last 14 Days
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December 19, 2014
16:45 EDTHTZGeneral Motors, Hertz in pact for purchase of GM vehicles
On December 15, The Hertz Corporation (HTZ) and General Motors (GM) entered into an agreement relating to Hertzís purchase of GM vehicles for the 2015 vehicle model year. The agreement also sets forth the terms and conditions related to GMís repurchase of a portion of the vehicles purchased by Hertz under the agreement.
December 18, 2014
09:21 EDTHTZOn The Fly: Pre-market Movers
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December 17, 2014
18:34 EDTHTZOn The Fly: After Hours Movers
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17:12 EDTHTZCarl Icahn raises stake in Hertz to 11.34% from 10.77%
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December 10, 2014
08:03 EDTHTZHertz expands across Europe with more than 80 branches in 2014
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