Bulls on Hertz Global Holdings should consider the rental car company’s unusual and attractively priced warrants, which offer an alternative to Hertz common shares. First, some details on Hertz Global...
Tag: Hertz
Carvana’s Tale of Debt and Losses Looks a Lot Like Old Hertz
(Bloomberg) — Shares of Carvana Co. more than doubled in the month leading up to Thursday’s awful fourth-quarter earnings report. Most Read from Bloomberg By the time the numbers hit shortly aft...
Hertz (HTZ) Q4 2022 profit beats Wall Street estimates
Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company ...
Chegg, Baidu, Bed Bath & Beyond, Hertz and more
A screen displays the Hertz logo during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York, November 9, 2021. Brendan McDermid | Reuters Check out the companies making hea...
Is This Promising Turnaround Moving Too Fast?
Summary Hertz’s bankruptcy took a turn for the better when the used car market became hot. The company was able to emerge from Chapter 11 with a growth plan focused on EVs and AI. Is Hertz movin...
Hertz, Denver partner on a broad electric vehicle and charging program
Hertz is teaming up with the city of Denver — and soon, it hopes, with other cities — to build out its charging infrastructure to support the ongoing transition to electric vehicles. The partnership i...
Hertz picks a ‘foreign’ partner to boost EV adoption in the U.S.
Hertz Global Holdings Inc (NASDAQ: HTZ), on Tuesday, partnered with BP plc (LON: BP) to build a network of EV chargers across the United States. Deal to help boost EV adoption The car rental company i...
Hertz and BP installing EV chargers in US
Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Hertz is teaming up with oil giant BP to build a new network of electric vehicle charging stations throughout the United States....
Hertz, Ford, Keurig Dr Pepper and more
Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 1.9% after the company announced a partnership with BP’s electric vehicle charging unit t...
GM to sell up to 175,000 electric vehicles to Hertz through 2027
General Motors has agreed to sell up to 175,000 electric vehicles to Hertz Global over the next five years, the companies announced Tuesday. The deal calls for GM to start supplying electric vehicles ...
Hertz signs its biggest EV deal with General Motors
Hertz Global Holdings Inc (NASDAQ: HTZ) on Tuesday said it will buy 175,000 electric vehicles from General Motors Company (NYSE: GM) through 2027. Shares of both companies remained rather dull after t...
Hertz CEO says rebounding business travel could tighten an already-constrained used car market
Business travel is making a comeback and could constrain already tight supplies of rental cars when it finally recovers, Hertz chief executive Stephen Scherr told CNBC’s Jim Cramer on Thursday. ...
Hertz just announced a big deal with a Swedish EV startup
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EV startup Polestar signs deal to supply up to 65,000 vehicles to Hertz
Swedish EV startup Polestar will supply up to 65,000 vehicles to Hertz over five years, the two companies announced on April 4, 2022. Swedish electric vehicle maker Polestar will supply up to 65,000 v...
Hertz goes all in on Tesla, adds Model Y SUV to fleet
Hertz (HTZ) is pushing forward with its electric vehicle (EV) options with Tesla (TSLA) once again. First spotted by EV blog Electrek, Hertz has added Tesla’s Model Y crossover to its EV offerings on ...