Factbox-From Boeing to Intel: CEO exits at major global companies in 2024

Deutsche Bank ups target price of rental car firm Hertz on fleet cost improvement

Hertz posts weaker-than-expected quarterly results, shares fall

Hertz Global reported a larger third-quarter loss and missed revenue forecasts due to vehicle depreciation charges, resulting in significant share decline and ongoing asset impairments.

Hertz cut to Underweight at JPMorgan on softer travel trends

JPMorgan downgraded Hertz to Underweight due to softer travel trends and higher vehicle management challenges, preferring Avis Budget for better performance and lower risk.

Teamsters inks tentative agreement with Hertz, averting strike

Teamsters reached a tentative agreement with Hertz Global, preventing a strike. Nearly 3,000 members sought higher wages and protections against a two-tier pay system.

Hertz boosts board size to 11 with two new members

Hertz has elected Francis Blake and Lucy Clark Dougherty to its board, increasing membership and addressing operational challenges amid declining share prices.