Search Results for: Hertz
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...