As Airbnb Enters the Fray, Hotels Are the New Airlines
at The Street - Thu Mar 20, 12:34PM CDT
The hotel industry's best days could be over, as airlines recover from a dark period.
Hertz Is Well Equipped to Spin Off Division
Rich Duprey, The Motley Fool - Motley Fool - Wed Mar 19, 9:26PM CDT
Bowing to pressure from activist investors who suddenly took a keen interest in Hertz last year, the car rental giant announced that it will be spinning off its equipment rental business HERC in a tax-free transaction that will net it cash...
Hertz Global Misses on Q4 Earnings (revised) - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 19, 12:09PM CDT
HTZ's adjusted earnings of 26 cents per share came below the year-ago comparable quarter earnings of 33 cents as well as the Zacks Consensus Estimate of 32 cents.
Hertz Expected To File Annual Report On Form 10-K Today
PR Newswire - Wed Mar 19, 9:55AM CDT
Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or "the Company") announced that the Company plans to file its Annual Report on Form 10-K for the year ended December 31, 2013 today. The Company previously announced that it had filed a Form 12b-25 with the Securities and Exchange Commission on March 3, 2014 because it was unable to timely file its Annual Report on Form 10-K by the prescribed March 3, 2014 due date. The filing was delayed due to issues encountered in the preparation of the Company's annual financial statements which impacted its resources and overall system of financial reporting following the Company's recent implementation of an enterprise resource planning (ERP) system which is intended to improve its financial disclosure controls. The Company was unable to file the Form 10-K by March 18, 2014 due to the issues noted in the previously filed Form 12b-25.
Company news for March 19, 2014 - Corporate Summary
Zacks Equity Research - Zacks Investment Research - Wed Mar 19, 9:06AM CDT
Companies in the News are: FF,HTZ,MBT,YGE
Hertz Global Misses on Q4 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 19, 8:40AM CDT
Hertz Global posted lower-than-expected fourth-quarter 2013 bottom-line results.
Investor Beat: GM's Recall Debacle Continues
Alison Southwick, The Motley Fool - Motley Fool - Tue Mar 18, 7:06PM CDT
In the past two months, General Motors has recalled more than 3.3 million vehicles globally, as the company's struggles with its ignition switch recall continue. Now, in its latest attempt to regain control of the situation, the company is tapping...
4 Stocks Moving: Is Microsoft Office Coming to the iPad?
Alison Southwick, The Motley Fool - Motley Fool - Tue Mar 18, 6:54PM CDT
Amazon.com announced that it will release a video streaming device in early April, to compete with devices such as Roku, Apple TV, and Google's Chromecast. Microsoft stock is up today, on news that new CEO Satya Nadella may unveil the Office...
Spin = Win
at The Street - Tue Mar 18, 6:41PM CDT
The news that Hertz is spinning off its equipment rental business reinforces why it remains the best positioned in the car rental group
Hertz selling equipment unit
at Investor's Business Daily - Tue Mar 18, 5:18PM CDT
Hertz Global (HTZ) reported Q4 results and said it will sell its equipment rental unit, raising $2.5 bil in a bid to reduce debt and fund a $1 bil share buyback. The largest U.S. vehicle renter said Q4 revenue rose 32% to $2.56 bil, missing analysts'...
Most active New York Stock Exchange-traded stocks
AP - Tue Mar 18, 5:05PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Hertz Could Buy Back 20% of Stock After Rental Spin
at The Street - Tue Mar 18, 3:36PM CDT
Hertz may buy 20% of its stock back after spinning off its equipment rental business.
Beazer and GameStop are big market movers
AP - Tue Mar 18, 3:30PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Why Hertz (HTZ) Is Up Today
at The Street - Tue Mar 18, 2:01PM CDT
Hertz HTZ is up today on the news that it will be spinning off its equipement rental division in a move that will raise about $2.5 billion in capital for the car rental company.
Hertz spinning off its equipment rental business
AP - Tue Mar 18, 12:59PM CDT
NEW YORK (AP) — Hertz plans to spin off its equipment rental business into a separate publicly traded company.
How Hertz (HTZ) Fared In Its Fourth Quarter
at The Street - Tue Mar 18, 11:51AM CDT
Much of the day's focus on Hertz (HTZ) has been in regards to its confirmation that it will spin off its equipment-rental business. But the company best known for its car rental operations also reported its fourth-quarter results before the bell. So...
Hertz Falls On Weak Profit; To Sell Equipment Unit
at Investor's Business Daily - Tue Mar 18, 11:22AM CDT
Hertz Global (HTZ) reported disappointing fourth-quarter results as revenue and earnings both came in lower than Wall Street expected. The No. 1 U.S. vehicle rental company also confirmed that it will spin off its Hertz Equipment Rental business,...
Hertz Plans Equipment Rental Business Spinoff
at The Street - Tue Mar 18, 10:43AM CDT
Move comes months after company adopted a poison pill as activists including Icahn and Loeb amassed shares.
Hertz to Spin Off Equipment Renting Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 18, 10:00AM CDT
The board at Hertz announced its decision to separate the company into two independent, publicly traded companies namely - Hertz and 'Hertz Equipment Rental Corporation' or 'HERC'.