To provide the company with liquidity and extend the maturity of a revolving credit facility that matures in 2026, Hertz ...

Hertz Global Holdings (HTZ) is back in the headlines, with its stock price doubling since last week. The catalyst? Bill ...

One of Donald Trump’s most vocal Wall Street supporters, hedge fund manager Bill Ackman, has an insurance policy in case the ...

Shares of ride-hailing and delivery leader Uber (NYSE: UBER) were initially doing much better than the plunging stock market ...

Uber's share price sits roughly around where Ackman bought back in February. At just 22 times forward earnings estimates as ...

Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.

Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is ...

DETROIT: Bill Ackman's Pershing Square Capital Management has amassed nearly 20% stake in Hertz Global Holdings Inc in a bet ...

Hertz Global Holdings (HTZ) experienced a dramatic stock surge this week, with shares jumping over 100% in just two days ...

Ackman warned investors to be wary of the stock even as he explained why he thinks stock in Hertz – which filed for ...

The moves come after each of the three major averages saw a third weekly decline in the last four trading weeks.

(Bloomberg) -- Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that tariffs will ...