Wednesday, April 7, 2010 as of 11:14 AM ET
Hertz Global Holdings Inc is an American car rental company with international locations in 145 countries worldwide.
Read More at Wikipedia ›Dollar Thrifty (NYSE:DTG) more than doubled its first-quarter profit and topped Wall Street expectations on Wednesday, as a decline in fleet costs and recovery in the U.
S. leisure travel market helped offset weaker revenue per vehicle.Revenue for the three months ended March 31 was $356.27 million, up from $348.35 million a year ago, matching the Street's view. The gains were led by a 6.5% increase in rental days, partially offset by a 4.2% decline in revenue per day.Sales per car fell to $1,115 compared with $1,131 a year ago, but were partially offset by a decline to $136 from $251 in fleet costs per vehicle.The Tulsa, Okla.-based car renter, which was the object of a lengthy takeover battle between rivals Hertz Global (NYSE:HTZ) and Avis Budget (NYSE:CAR) that ended in October, reported net income of $40.4 million, or $1.35 a share, compared with a year-earlier $16.5 million, or 53 cents. Analysts in a Thomson Reuters poll were looking for a per-share profit of just $1.30."A strong ...Does your auto insurance cover car sharing?The answer may surprise you.Every weekday, millions of Americans carpool to work or school to save money, preserve their v...
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Hertz CEO Mark Frissora on the company's interest in Dollar Thrifty, growth and who it targets for jobs.
Dollar Thrifty Automotive (NYSE:DTG) reported on Tuesday a stronger-than-expected third-quarter profit on higher car rental revenue, and the company said it expects ...
FBN’s Robert Gray on Hertz ’s decision to end its bid for Dollar Thrifty for now.
Dollar Thrifty (NYSE:DTG) abandoned its long-standing plans to sell itself on Tuesday after the car rental service failed to come to terms with rivals Avis (NYSE:CAR...
Hertz Global Holdings Inc was left the sole suitor for smaller rival Dollar Thrifty, after Avis Budget Group dropped out of the race, in a 17-month long bidding war....
Avis Budget Group (NYSE:CAR) said on Wednesday that it is pulling its offer to acquire rival Dollar Thrifty (NYSE:DTG), leaving the door open for Hertz Global (NYSE:...
Hertz (NYSE:HTZ) is gearing up for a state-approved push of electric cars in China that could start as early as this week, according to a report by the New York Time...
Dollar Thrifty Automotive (NYSE:DTG) has requested a “best and final definitive” offer from Hertz (NYSE:HTZ) and Avis Budget (NASDAQ:CAR) in their ongoing takeover w...
By Martinne GellerNEW YORK (Reuters) - Dollar Thrifty Automotive Group Inc <DTG.N>, the object of a takeover battle between rivals Hertz Global Holdings Inc <HTZ.N> ...
Global Strategic Communications president Peter Firestein explains how bad PR can impact a company.
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You don't have to own a car to drive one. From car sharing to car renting, there's a host of options for nonowners who want access to a vehicle for a few hours or a ...
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