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Hertz Global Holdings Inc (HTZ.N)

HTZ.N on New York Stock Exchange

21.28USD
25 Apr 2018
Change (% chg)

$0.13 (+0.61%)
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Latest Key Developments (Source: Significant Developments)

Hertz Enters Global Partnership With Eurowings
Tuesday, 13 Mar 2018 08:34am EDT 

March 13 (Reuters) - Hertz Global Holdings Inc ::HERTZ ENTERS GLOBAL PARTNERSHIP WITH EUROWINGS.HERTZ EUROPE LIMITED SAYS HERTZ AND THRIFTY RENTALS ARE NOW AVAILABLE TO EUROWINGS' CUSTOMERS FROM EUROWINGS.COM WEBSITE​.‍HERTZ ENTERS GLOBAL PARTNERSHIP WITH EUROWINGS​.  Full Article

Hertz Global Holdings Announces Pricing Of Private Offering
Friday, 9 Mar 2018 04:30pm EST 

March 9 (Reuters) - Hertz Global Holdings Inc ::HERTZ GLOBAL HOLDINGS ANNOUNCES PRICING OF €500 MILLION PRIVATE OFFERING OF SENIOR NOTES BY HERTZ HOLDINGS NETHERLANDS B.V..HERTZ GLOBAL HOLDINGS - ENTERED INTO AGREEMENT TO SELL EUR500 MILLION OF ITS 5.50% SENIOR NOTES DUE 2023 IN A PRIVATE OFFERING.  Full Article

Hertz Global Holdings Announces Proposed €500 Mln Private Offering of Senior Notes
Monday, 5 Mar 2018 07:17am EST 

March 5 (Reuters) - Hertz Global Holdings Inc ::HERTZ GLOBAL HOLDINGS ANNOUNCES PROPOSED €500 MILLION PRIVATE OFFERING OF SENIOR NOTES BY HERTZ HOLDINGS NETHERLANDS B.V..HERTZ GLOBAL HOLDINGS INC - ‍INTENDS TO USE NET PROCEEDS FROM ISSUANCE OF NOTES TO REDEEM ALL OF ITS OUTSTANDING 4.375% SENIOR NOTES DUE 2019​.HERTZ GLOBAL HOLDINGS INC - ‍ INTENDS TO USE ANY ADDITIONAL PROCEEDS TO REPAY BORROWINGS UNDER ITS EUROPEAN REVOLVING CREDIT FACILITY​.  Full Article

Hertz Expects About $300 Mln In Investments That Will Impact Adj Ebitda In 2018
Wednesday, 28 Feb 2018 09:36am EST 

Feb 28 (Reuters) - Hertz Global Holdings Inc ::HERTZ GLOBAL HOLDINGS - EXPECT ABOUT $300 MILLION IN INVESTMENTS THAT WILL IMPACT ADJUSTED EBITDA IN 2018 OR ROUGHLY $40 MILLION INCREASE VERSUS 2017 - CONF CALL‍​.HERTZ GLOBAL HOLDINGS - MAY STILL BE CASH FLOW NEGATIVE IN 2018 DEPENDING ON TRAJECTORY OF OUR OPERATING PERFORMANCE IMPROVEMENT - CONF CALL.HERTZ GLOBAL HOLDINGS - ACCOUNTING CHANGE WILL NEGATIVELY IMPACT TOTAL PRICING BY ABOUT 20 TO 30 BASIS POINTS IN 2018 - CONF CALL.HERTZ GLOBAL HOLDINGS - ANTICIPATE FURTHER GROWTH IN RIDE HAILING FLEET - CONF CALL.HERTZ GLOBAL HOLDINGS - SEES GREATER CORPORATE RENTAL OPPORTUNITIES AFTER U.S. TAX REFORM - CONF CALL.EXPECT CONTINUED IMPROVEMENT IN TOTAL UNIT U.S. RAC REVENUE PERFORMANCE - CONF CALL‍​.  Full Article

Hertz Global Holdings Reports Q4 Adjusted Loss Per Share $0.77
Tuesday, 27 Feb 2018 04:49pm EST 

Feb 27 (Reuters) - Hertz Global Holdings Inc ::HERTZ GLOBAL HOLDINGS REPORTS FOURTH QUARTER 2017 AND FULL-YEAR FINANCIAL RESULTS.Q4 ADJUSTED LOSS PER SHARE $0.77.Q4 EARNINGS PER SHARE $7.42.Q4 REVENUE ROSE 4 PERCENT TO $2.1 BILLION.Q4 EARNINGS PER SHARE VIEW $-0.60, REVENUE VIEW $2.06 BILLION -- THOMSON REUTERS I/B/E/S.ENACTMENT OF U.S. TAX REFORM RESULTED IN COMPANY RECORDING AN ESTIMATED NET BENEFIT OF $679 MILLION."IN 2018, WE EXPECT TO SEE CONTINUED PROGRESS FROM OUR U.S. IMPROVEMENT PROGRAMS".HERTZ GLOBAL HOLDINGS - "ALSO WILL HAVE ELEVATED INVESTMENTS THROUGHOUT YEAR AS WE IMPLEMENT SEVERAL, MAJOR TECHNOLOGY CONVERSIONS".BY 2019, SHOULD BEGIN TO EVOLVE TOWARD A MORE COMPETITIVE EARNINGS PROFILE.  Full Article

Dmitry Balyasny Reports 5.0 Percent Passive Stake In Hertz Global Holdings
Monday, 27 Nov 2017 03:08pm EST 

Nov 27 (Reuters) - Hertz Global Holdings Inc ::DMITRY BALYASNY REPORTS 5.0 PERCENT PASSIVE STAKE IN HERTZ GLOBAL HOLDINGS INC ‍​AS OF NOVEMBER 15 - SEC FILING.  Full Article

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