Hertz Swings to Quarterly Loss on Continued Revenue Weakness - News Summed Up

Hertz Swings to Quarterly Loss on Continued Revenue Weakness


Hertz Global Holdings Inc. swung to a loss in the June quarter as it reported its fourth straight revenue decline, driven by continued weakness in its car-rental business. The Florida company, which has been trying to turn around operations after accounting errors forced it to adjust financial results starting in 2011, on Monday revised its financial projections for the year to account for the separation of its equipment-rental...


Source: Wall Street Journal August 08, 2016 23:03 UTC



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