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Ackman Bets Big on Hertz as Tariff Tailwinds Boost Fleet Value: 'Investing Is Risky, There Are No Guarantees of a Successful Outcome'
Saturday, April 19, 2025 - 2:01pm | 641Read More...Bill Ackman‘s hedge fund Pershing Square Capital Management has acquired a significant stake in Hertz Global Holdings Inc. (NYSE:HTZ). What Happened: The stake, which includes both share ownership and total return swaps, has been built up since the end of last year. Ackman is of...
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Lululemon, Applovin Corp, Hertz, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, March 27, 2025 - 9:42pm | 623Read More...U.S. stock markets closed lower today, with the Nasdaq Composite dropping over 90 points or 0.5% to 17,804.03. The Dow Jones Industrial Average slipped 0.41% to 42,299.70, while the S&P 500 edged down 0.3% to 5,693.31. These are the top stocks that gained the attention of retail traders and...
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Hertz Pulls In financing Needed To Reorganize
Friday, October 16, 2020 - 10:19am | 578Read More...Hertz Global Holdings has obtained the debtor-in-possession financing it has been seeking. The rental car company, which filed for Chapter 11 protection under the Federal Bankruptcy Code in May, announced Friday morning that it had secured $1.65 billion in DIP financing. "This new financing will...
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Avis Budget Group To Deliver Zero Earnings Growth? The Crowd & Street Think So
Monday, May 4, 2015 - 1:55pm | 364Read More...Shares of Avis Budget Group Inc. (NASDAQ: CAR) are up 2 percent on Monday, as the vehicle rental company prepares to report its first quarter financial results after the bell. According to Estimize, both the Street and the crowd expect to see zero year-over-year earnings growth. In the first...
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Four REITs That May Join The S&P 500
Wednesday, July 31, 2013 - 10:18am | 990Read More...In a recent research report, analysts from Credit Suisse updated their list of possible candidates to join the S&P 500. The firm used qualities such as market cap, liquidity, domicile, public float and financial viability to determine those companies Standard & Poor's selection committee...
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Churchill Downs, Luxottica and Others Analysts Are Bullish On
Tuesday, May 15, 2012 - 6:55am | 968Read More...Here is a quick look some dividend payers in the services sector that have a consensus recommendation of analysts of Strong Buy. Cedar Fair (NYSE: FUN) is more than 39% higher in the past six months but has pulled back about 9% from recent a multiyear high. The amusement park operator,...
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Goldman Sachs Remains Buyer Of HTZ
Tuesday, January 25, 2011 - 10:21am | 176Read More...Today, Hertz Global Holdings, Inc. (NYSE: HTZ) announced that it expects full-year 2010 adjusted pre-tax income and adjusted diluted EPS to “significantly beat” the high end of its guidance, Goldman Sachs reports. “Hertz expects 2010 Corporate EBITDA will ‘beat' the high end of its guidance range...
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Goldman Sachs Forecasts HTZ Revenue Growth
Wednesday, January 12, 2011 - 3:41pm | 114Read More...At an industry presentation yesterday, Hertz Global Holdings, Inc. (NYSE: HTZ) management provided a 2011 total revenue forecast of +4% to +5%, Goldman Sachs reports. “In light of our more bullish GDP forecast, we believe could this prove conservative and would be buyers on today's weakness,”...
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Wells Fargo's EPS Revisions
Wednesday, December 8, 2010 - 9:53am | 106Read More...Wells Fargo makes the following EPS revisions: FY10 FY11 Old New Old New Phillips-Van Heusen(NYSE: PVH) $3.80 $3.95 $4.68 $4.90 Vera Bradley Inc.(NASDAQ: VRA) $1.03 $1.07 $1.07 $1.15 Boston Scientific (NYSE: BSX...
