Park Ridge News
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Hertz Global Holdings Inc., awaiting final U.S. antitrust approval for its acquisition of Dollar Thrifty Automotive Group, is among rental-car companies enjoying price increases not seen since before the recession.
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Hertz Global Holdings Inc., the largest publicly traded U.S. auto-rental chain, said it will move its headquarters to Florida from New Jersey following its acquisition of Dollar Thrifty Automotive Group.
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U.S. antitrust regulators are investigating whether Macquarie Group Ltd.’s private-equity arm violated a consent decree allowing it to buy the Advantage rental car brand from Hertz Global Holdings Inc., two people familiar with the matter said.
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U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record close, as concern over Europe’s debt crisis eased and factory orders topped forecasts.
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Hertz Global Holdings Inc., the largest publicly traded U.S. auto-rental chain, is seeking to reduce the rate it pays on a $1.38 billion term loan it obtained in 2011, according to a person with knowledge of the matter.
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Hertz Global Holdings Inc., the largest publicly traded U.S. auto-rental chain, rose to its highest level in more than five years after projecting profit for 2015 that was higher than analysts’ estimates.
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Supporters of tighter restrictions on guns are deploying a new tactic: pressing companies such as Wyndham Worldwide Corp. and Hertz Global Holdings Inc. to stop giving discounts to members of the National Rifle Association.
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West Texas Intermediate oil was little changed as an Energy Information Administration report showed supplies dropped at Cushing, Oklahoma, the biggest U.S. storage hub and delivery point for the New York-traded crude.
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Hertz Global Holdings Inc., the largest publicly traded U.S. auto-rental chain, rose after projecting full-year profit and sales that exceeded analysts’ estimates as it benefits from its acquisition of Dollar Thrifty Automotive Group Inc.
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A former director of store operations at J.Crew Group Inc. agreed to pay more than $120,000 to settle allegations that he traded stock based on non-public information.
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