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Hertz, Ackman

Barron's on MSN · 10h

What Bill Ackman Sees in Hertz and Why He’s Betting Big on the Rental-Car Company

The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle depreciation and the falling price of electric vehicles,

Reuters on MSN · 9h

Hertz CEO says he is humbled by Bill Ackman's endorsement

The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management company Pershing Square recently accumulated a 19.8% stake in the car rental firm.

Bill Ackman Is Betting on Car Rental Giant Hertz to be a Tariff Winner

President Trump’s auto tariffs may have sparked fears of price hikes among consumers, but some car-buying businesses could actually benefit, according to investor Bill Ackman. The Pershing Square Capital Management founder made a bullish case for Hertz yesterday (April 17), after revealing a nearly 20 percent stake in the car rental company.

10h

Read Hertz CEO's letter to employees about Bill Ackman's ‘significant' stake in the rental car firm

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

13h

Hertz Wins Over Ackman in a Bet Tariffs Will Boost Value of Cars

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the ...

10don MSN

Bill Ackman defends Trump tariffs after warning the world was on brink of ‘economic nuclear winter,’ attacking Commerce secretary

The hedge fund manager, one of Trump’s most notable business allies during his campaign, doubled down on his call for the ...

9don MSN

Ackman's Pershing Square Holdings fund drops nearly 14% so far this year

Billionaire investor Bill Ackman's Pershing Square Holdings portfolio has lost nearly 14% so far this year, the firm told ...

6d

Bill Ackman Issues Stark Warning About Tariffs: 'When Markets Crash, New Investments Stop, Consumers Stop Spending Money'

Bill Ackman has outperformed the stock market over the past five years with Pershing Square Capital Management. The hedge ...

4don MSN

Howard Hughes pushes Pershing Square deal freeze to April 30

Howard Hughes Holdings (NYSE:HHH) said Monday it further extended its previously announced standstill agreement with Pershing ...

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