By Chelsey Dulaney
Rental-car company doubles size of cost-cutting plan
Hertz Global Holdings Inc. on Wednesday estimated that restatements stemming from accounting issues dating back to 2011 will dent its pretax profit by about $153 million, and the rental-car company doubled the size of its cost-cutting plan to $200 million.
By Michael Calia
Company increases U.S. prices for Hertz, Thrifty and Dollar Car rentals because of growing fleet costs
Hertz Global Holdings Inc. said on Tuesday that it has raised U.S. prices for all Hertz, Thrifty and Dollar car rentals because of growing fleet costs.
Hess Corporation (NYSE:HES) announced today that its Australian
subsidiary, Hess Exploration Australia Pty Ltd, has signed a non-binding
Letter of Intent (LOI) with the North West Shelf (NWS). Hess intends to
develop its natural gas discoveries in its deepwater permits offshore
northwestern Australia and, subject to execution of binding agreements,
toll the production through existing NWS processing and liquefaction
facilities in Karratha, Australia.
The Board of Directors of Hess Corporation (NYSE:HES) today declared a
regular quarterly dividend of 25 cents per share payable on the Common
Stock of the Corporation on December 31, 2014 to holders of record at
the close of business on December 17, 2014.
For the second consecutive year, Hess Corporation (NYSE:HES) has been
recognized among the 2015 Global 100 Most Sustainable Corporations by
the Toronto-based media and investment research firm Corporate Knights.
Hess Corporation (NYSE:HES) today reported adjusted net income, which
excludes items affecting comparability, of $53 million or $0.18 per
common share, for the fourth quarter of 2014 compared with $319 million
or $0.96 per share in the fourth quarter of 2013.
Hess Corporation (NYSE:HES) announced today that John Hess, Chief
Executive Officer, will present at the Credit Suisse Energy Summit in
Vail on Tuesday, February 24 at 10:25 a.m. Mountain Standard Time.
Hexcel Corporation (NYSE:HXL)(Paris:HXL) announced today that it has
acquired 50% of Formax UK Limited, a leading manufacturer of composite
reinforcements, specializing in the production of lightweight
Hexcel Corporation (NYSE:HXL) (Paris:HXL) today announced details on the
webcast of its previously announced Investor Meeting that will provide
its 2015 Outlook on January 12, 2015 at its Salt Lake City, Utah
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