Word: hertz
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...shortsighted acquisitions that were made during the 1960s and '70s when the firm, like many other big American corporations, tried to boost earnings by diversifying into fields far outside its traditional lines of business. The entertainment and broadcasting company, for example, bought Random House publishing in 1966 and Hertz car rental in 1967. RCA's biggest acquisition of all was in 1979, when it paid $1.3 billion, or 40% over market value, for C.I.T. Financial Corp., a consumer loan and insurance firm. To raise the money, the company had to borrow heavily on the commercial paper market, where...
When it comes to the leasing business, most people automatically think of companies like Hertz, Avis or Ryder System. In fact, much of the $30 billion-a-year leasing industry involves the back-and-forth renting between companies of everything from printing presses to jet planes. Certain provisions in the Reagan tax package now promise to shake up, and open up, the entire business...
Perhaps the biggest winner from the strike has been the car-rental agencies. Nationwide business for the Hertz division of the RCA Corp. was up 10%; rentals by the firm jumped 25% in Manhattan and 35% in Atlanta. In Dallas-Fort Worth, demand for cars was so strong that National Car Rental System, a subsidiary of Household Finance Corp., ran out of vehicles...
...David Hertz...
Eastern Air Lines, working with a Miami-based company called In-Flight Communications, has begun an advertising program that makes no such claim. Eastern on many flights has shown one-minute ads for Lanier dictating equipment and the familiar Hertz television film clip of O.J. Simpson flying like Superman through the air toward his rent...