Hertz Global Holdings Inc (NASDAQ: HTZ) is extending gains this morning after announcing the launch of a fully online car-buying platform. HertzCarSales.com will now enable customers to browse ...

Certain personalities on Wall Street have the influence to create major moves in a stock with a simple comment or social media post. Billionaire hedge fund manager Bill Ackman is one of those people.

Pershing Square Capital Management now owns almost 20% of Hertz. The value of its rental fleet increases as used-car prices rise. Hertz's turnaround will need to focus on operational efficiency. It's ...

Hertz Global remains a speculative turnaround story. This week's $375 million exchangeable note deal provides balance sheet relief but risks future shareholder dilution. HTZ's outlook is clouded by a ...

After years of post-bankruptcy struggles, Hertz surprised the market with its first quarterly profit in nearly two years. The company reported EPS of 12 cents, decisively beating analyst estimates, on ...