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5 Stocks to Sell Immediately

03:16pm, Tuesday, 16'th Apr 2024
Last week, I recommended “5 Stocks to Buy as Interest Rates Begin to Fall.” Declining borrowing costs looked set to turn these loss-making firms profitable again – a historically bullish sign fo
Before his arrest and high-profile murder trial, O.J. Simpson—who died Wednesday—was the celebrity spokesperson for Hertz rental cars and other huge brands, boosting his income during his NFL care
The first total solar eclipse to pass over the U.S. in seven years is happening Monday. With the next one taking place in 2044, brands are rushing to benefit from consumer spending associated with the

2 Analyst Notes Worth Unpacking Today

02:39pm, Thursday, 04'th Apr 2024
While Wall Street churns amid a late-day pivot into the red, two reasonably priced big-name stocks,  Zeta Global Holdings Corp (NYSE:ZETA) and Hertz Global Holdings Inc (NASDAQ:HTZ) are making outs
Hertz Global Holdings Inc. has “little room for vroom,” with profit growth curbed by rising expenses related to its rental-car fleet and the still-reverberating effects of its bankruptcy a few yea
Rental car operator Hertz (NASDAQ: HTZ ) suffered another ignominious incident, this time largely of its own doing. Former CEO Stephen Scherr decided to step down from the helm after the company's dis
Hertz (HTZ) appoints West as its CEO. West will commence work from Apr 1.
Scherr's resignation comes as the car rental company struggles with the higher repair costs and low demand for EV rentals.

Hertz CEO Departs Following EV Troubles

07:08pm, Sunday, 17'th Mar 2024
Hertz's CEO is stepping down following the company's major shift on the electric vehicle front. Stephen Scherr, who joined the rental car giant in 2022, has announced his resignation, Hertz said Frida
Car rental company Hertz Global (NASDAQ: HTZ) Chief Executive Stephen Scherr has been replaced as the firm seeks to boost its business after a disastrous bet on electric vehicles (EV) that involved br

Hertz appoints Gil West as CEO

05:32pm, Friday, 15'th Mar 2024
Rental car firm Hertz said on Friday it has appointed Gil West as its chief executive officer, effective April 1.
Hertz Global Holdings Inc.'s chief executive is leaving after just over two years, to be replaced by a Delta Airlines Inc. and General Motors Co. veteran.
Hertz Global Holdings is replacing its CEO in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months, according to people familiar with the matter. David
Chief Executive Stephen Scherr would step down on March 31 to be succeeded by Gil West, a former executive at Delta Airlines and General Motors' Cruise unit, effective April 1, the company said.

Hertz: Take The Wheel, Contrarians

12:54am, Friday, 01'st Mar 2024
Hertz has dropped substantially on issues related to its foray into EVs. The drop has put Hertz in a position to be considered for a portfolio of "falling knives" that could outpace the market going f
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