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Herc Holdings Inc (HRI.N)

HRI.N on New York Stock Exchange

57.18USD
22 Nov 2017
Change (% chg)

$-0.04 (-0.07%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Hertz Global Holdings posts Q3 adjusted earnings $1.42/shr
Thursday, 9 Nov 2017 04:07pm EST 

Nov 9 (Reuters) - Hertz Global Holdings Inc :Hertz Global Holdings reports third quarter 2017 financial results.Q3 adjusted earnings per share $1.42.Q3 earnings per share $1.12 from continuing operations.Q3 revenue $2.6 billion versus I/B/E/S view $2.55 billion.Q3 earnings per share view $1.35 -- Thomson Reuters I/B/E/S.  Full Article

Hertz Global Holdings announces extension of global vehicle financing facilities
Thursday, 2 Nov 2017 04:28pm EDT 

Nov 2 (Reuters) - Hertz Global Holdings Inc ::Hertz global Holdings announces extension of global vehicle financing facilities, unconditional redemption of 6.75 percent senior notes due 2019, amendment of senior facilities and execution of new standalone letter of credit facility.Amended certain provisions of senior facilities, entered new $400 million standalone letter of credit facility​.  Full Article

Hertz Global Holdings announces pricing of private offering of $800 mln medium term rental car asset backed notes
Thursday, 14 Sep 2017 05:39pm EDT 

Sept 14 (Reuters) - Hertz Global Holdings Inc :Hertz Global Holdings announces pricing of private offering of $800.0 million medium term rental car asset backed notes.Hertz Global Holdings Inc - ‍Expected maturities of series 2017-1 notes and series 2017-2 notes are October 2020 and October 2022, respectively​.Hertz Global Holdings - ‍Unit priced $450.0 million in principal amount of series 2017-1 rental car asset backed notes, class A, class B, class C, class D​.Hertz Global Holdings Inc - ‍Weighted average interest rates of series 2017-1 notes and series 2017-2 notes are 3.38% and 3.57%, respectively​.Hertz Global Holdings-Unit priced $350 million in aggregate principal amount of series 2017-2 rental car asset backed notes, class A, class B, and class C.  Full Article

Hertz launches strategic partnership with Localiza
Thursday, 31 Aug 2017 05:00pm EDT 

Aug 31 (Reuters) - Hertz Global Holdings Inc :Hertz launches strategic partnership with Localiza, South America's largest rental car company.Hertz Global Holdings Inc - ‍completes sale of Brazil operations to Localiza; global exchange of customer referrals, co-branding, and technology​.Hertz Global Holdings Inc - ‍both companies have entered into referral and brand cooperation agreements to govern their ongoing relationship​.Hertz Global Holdings Inc - ‍alliance will also involve exchange of know-how in areas of technology, customer service and operational excellence​.Hertz Global Holdings Inc - ‍under agreements, Localiza customers traveling outside of South America will be referred to Hertz reservation channels​.  Full Article

Hertz announces new CMO and CHRO
Wednesday, 30 Aug 2017 09:00am EDT 

Aug 30 (Reuters) - Hertz Global Holdings Inc :Hertz announces new cmo and CHRO.Hertz Global Holdings Inc - Jodi Allen to join co as executive vice president & chief marketing officer.Hertz Global Holdings Inc - Murali Kuppuswamy to join co as executive vice president, chief human resources officer (chro).  Full Article

Hertz Global Holdings reports Q2 loss per share $1.90 from cont ops
Tuesday, 8 Aug 2017 04:07pm EDT 

Aug 9 (Reuters) - Hertz Global Holdings Inc -:Hertz Global Holdings reports second quarter 2017 financial results.Q2 adjusted loss per share $0.63.Q2 loss per share $1.90 from continuing operations.Q2 revenue $2.2 billion versus I/B/E/S view $2.22 billion.Q2 earnings per share view $-0.20 -- Thomson Reuters I/B/E/S.  Full Article

Hertz says exercised right to reduce amount of available commitments under senior secured revolving credit facility
Thursday, 29 Jun 2017 06:22am EDT 

June 29 (Reuters) - Hertz Global Holdings Inc :Hertz global holdings - hertz corp took steps to utilize portion of proceeds from issuance of 7.625% senior second priority secured notes due 2022.Hertz global -unit funded about $255 million of proceeds to pay principal, applicable premium in connection with redemption of 4.25% senior notes due 2018​.Hertz global holdings inc - exercised right to reduce amount of available commitments under senior secured revolving credit facility by $150 million.  Full Article

Hertz shares soar after report Apple working to manage small autonomous fleet- CNBC
Monday, 26 Jun 2017 02:35pm EDT 

June 26 (Reuters) - :Hertz shares soar after report Apple working to manage small autonomous fleet- CNBC.  Full Article

Hertz and Aeroméxico sign partnership to offer Hertz, Dollar, Thrifty and Firefly car rental to airline's customers
Wednesday, 7 Jun 2017 08:00am EDT 

June 7 (Reuters) - Hertz Global Holdings Inc :Hertz and aeroméxico sign exclusive, global partnership to offer Hertz, Dollar, Thrifty and Firefly car rental to airline's customers.Hertz global holdings inc - co's unit, hertz corp, has signed three-way exclusive partnership agreement with hertz mexico and aeroméxico.  Full Article

Hertz Global Holdings prices $1.25 billion private offering of secured
Wednesday, 31 May 2017 05:34pm EDT 

May 31 (Reuters) - Hertz Global Holdings Inc :Hertz Global Holdings announces pricing of $1.25 billion private offering of senior second priority secured notes by the Hertz Corporation.Unit ‍entered into an agreement to sell $1.25 billion aggregate principal amount of 7.625 pct senior second priority secured notes due 2022​.‍notes will pay interest semi-annually in arrears​.Hertz Global says ‍intends to use a portion of net proceeds from issuance to redeem in outstanding $250.0 million principal amount of 4.25 pct senior notes due 2018​.  Full Article

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Hertz profit beats estimates, but warns of higher spending

Hertz Global Holdings Inc on Thursday reported a better-than-expect net profit as higher revenues and revenue management offset canceled reservations in hurricane-impacted parts of the United States, but the car rental company warned it was entering a period of weak demand amid high investment.