Search Results for: Hertz

By News Brief On Saturday, May 23rd, 2020

Hertz Files for Bankruptcy After Rental-Car Demand Vanishes

The car-rental and leasing company Hertz, based in Estero, Florida, filed for bankruptcy late Friday, after coronavirus pandemic stoped travel and the global economic collapse in pandemic destroyed demand for More...

By Jewish Business News On Wednesday, February 15th, 2017

Honda, Volvo and Hertz open DRIVE innovation center in Israel

  Honda, Volvo, Hertz and Ituran have opened an innovation center in Israel. The DRIVE innovation hub in Tel Aviv launched by the Mayer Group, the Israeli importer of Honda and Volvo cars, to promote the development More...

By Eli Horn On Friday, February 6th, 2015

Hertz Stock Jumps After Barry Rosenstein Predicts Share Repurchase Program

  Billionaire Barry Rosenstein, whose JANA Partners hedge fund controls more than 8% of rental car company Hertz, said the company is likely to begin a share repurchase program in the near future.. Speaking More...

By Eli Horn On Saturday, January 3rd, 2015

Decision-Making is Serious Business for Noreena Hertz, Even at Comedy Conference

When international thinker Noreena Hertz gives a speech, people listen. Hertz, the daughter of Israeli immigrants to London, is a regular on the Davos circuit who gives talks on global economic trends and More...

By Vered Weiss On Sunday, November 16th, 2014

Hertz So Bad: Icahn Loses $40 Million in One Day

–   Activist investors most of the time know what they are getting into. Often they buy a large stake in a troubled company and pressure it to turn itself around. Apparently Hertz couldn’t turn More...

By Vered Weiss On Monday, September 1st, 2014

Troubled Hertz Attracting Activist Investors

  Hertz (HTZ) is going through a world of hurt with recalls from General Motors (GM) and having to withdraw its 2014 guidance. This is not repelling, but rather,  is attracting activist investors like More...

By Vered Weiss On Thursday, August 21st, 2014

Carl Icahn Buys Stake in Hertz

Activist investor Carl Icahn bought 38.8 million shares in the troubled Hertz, which represents an 8.48% stake in the company. The company has received criticism on Wall Street lately over the CEO’s failure More...

By Vered Weiss On Thursday, August 21st, 2014
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Jim Cramer Says Hertz CEO Mark Frissora Has Lost All Credibility on Wall Street

CNBC’s Jim Cramer put Hertz CEO Mark Frissora’s picture on his notorious Mad Money Wall of Shame and said, “Sir, as long as your remain CEO of Hertz, Avis does not have to try harder.” Cramer More...

By Clive Minchom On Monday, January 6th, 2014
1 Comment

Carl Icahn Reportedly Spends $1 Billion To Buy Shares In Hertz Global Holdings

– Last week Hertz Car Hire, whose official corporate name these days is the slightly more pretentious Hertz Global Holdings Inc., a public company listed on the New York Stock Exchange, announced More...

By Jewish Business News On Monday, October 26th, 2020

For The First Time: NASA Discovers Water on the Moon

NASA has confirmed, for the first time, water on the sunlit surface of the Moon. This discovery indicates that water may be distributed across the lunar surface, and not limited to cold, shadowed places. Stratospheric More...

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