Hertz shares dropped Monday, after more than doubling in value last week. Last week's rally came as billionaire Bill Ackman's Pershing Square revealed a large investment in the company. Pershing ...

(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 ...

Bill Ackman's Pershing Square took a sizable stake in Hertz, the rental car company that exited from bankruptcy four years ago, sparking a big rally. Shares of Hertz surged 56% on Wednesday after ...

So it wasn't a surprise to see Hertz Global (NASDAQ: HTZ) stock skyrocket after Ackman's fund disclosed a stake in the car rental business. Hertz shares jumped 126% in a two-day span as of trading ...

The car rental industry is a key part of travel and one major investor is betting on Hertz. According to Reuters.com, Hertz CEO Gil West released a letter to the car rental company’s employees ...

Hertz Global Holdings, Inc. provides car rental services. It operates as a vehicle rental business globally through its Hertz, Dollar, and Thrifty car rental brands. The company operates through ...

Hertz Global Holdings (NASDAQ:HTZ) opened Thursday trading with a 20.5% swing higher, and Avis Budget Group (NASDAQ:CAR) soared 18.8%. There is no clear catalyst for the share price pops in terms ...

Some high-rise hotels in Bangkok have temporarily limited operations, following a 7.7 magnitude earthquake that struck near Mandalay, Myanmar, on Friday. The earthquake was felt in Thailand's ...

Hotels across the UAE are reporting strong occupancy during the upcoming Eid Al Fitr holidays, reaching “confirmed 100 per cent” across some of the properties as residents increasingly opt for ...

A luxurious five-star beachfront resort in Greece on Booking.com looks idyllic for a getaway. But the exact same hotel is listed as a four-star hotel by On the Beach and 'four stars +' on Tui’s ...

The best hotels in Florence make it easy for visitors to take in the city’s historic architecture, acclaimed restaurants and world-renowned museums and galleries. From climbing the Duomo to ...