Hertz CEO says Carl Icahn is “Patient” about Car Rental Turnaround: “He’s a Believer”

Shares of Bausch Health Companies Inc. surged 2.9% toward a five-year high in premarket trading Wednesday, after the pharmaceuticals.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Activist investor Carl Icahn increased his Xerox Holdings Corp. stake, sold off Caesars Entertainment Group, according to a filing......»»

Shares of Bausch Health Companies Inc. rallied 5.8% in premarket trading Friday, putting them on track for a 10th straight gain, after billionaire activist i.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

CVR Energy and billionaire activist investor Carl Icahn have named the directors they will nominate for Delek's board......»»

Is it different this time? Not according to Carl Icahn......»»

The billionaire investor told CNBC's Scott Wapner that he's "pretty well hedged right now." FILE PHOTO: Carl Icahn gives an interview on FOX Business N.....»»

Icahn Enterprises L.P. (NASDAQ: IEP) founder Carl Icahn has disposed of a sizeable amount of his stake in the dietary supplement selling multi-level marketing company Herbalife Nutrition Ltd (NYSE: HLF), according read more.....»»

Icahn sold about $600 million of his 16% Herbalife stake back to the company in recent days, according to people familiar with the matter. That leaves him with a roughly 6% stake, worth $400 million......»»

Carl Icahn sold over.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

In a regulatory filing Monday, Hertz's parent company raised doubts about the car rental giant.....»»

Shares of Hertz Global Holdings Inc. fell late Monday after the car rental company posted a wider-than-expected first-quarter loss, saying that results were "significantly impacted by COVID-19 pandemic." Hertz said it lost $356.....»»

A rental car company operating out of both the Daniel K. Inouye Airport and the Kahului Airstrip is laying off workers due to the impact that shutdowns to prevent the spread of Covid-19 have had on the travel industry. Altogether, the Hertz Corp. has .....»»

Hertz Global Holdings Inc. disclosed Tuesday that it was restoring the salaries of senior executives to pre-COVID-19 levels, given the heavy workload required as the car rental company looks to fend off a default......»»

The Stock Market May Get Cut in Half, But This ‘Most Undervalued’ Asset is About to Surge, Billionaire Investor Says (Market Watch) Paul .....»»

Car rental giant Hertz averted a crisis over a missed lease payment but warned the c.....»»

Car-rental ridership is plunging amid the Covid-19 pandemic and the broad economic pullback, touching off a cash burn at Hertz.....»»

Hertz Hurts! Car-Renter Shares Routed On Reports Restructuring Adviser Hired It would appear an already over-levered car-rental business is not "essent.....»»