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If a court orders Uber to recognize its drivers as employees, it could hurt the company's profitability.
Herc Holdings completed its spinoff from Hertz Global Holdings, and began trading on the New York Stock Exchange Friday.
The stock market rally lost some of its luster by late afternoon, though equities remained sharply higher to close out the session.
Shares of the car-rental giant jump more than 6% Tuesday as investors follow the billionaire activist's lead.
The S&P 500 clinched a new closing high for 2016 as crude closed above $50 a barrel on Tuesday.
U.S. stocks ended Monday around session highs even as Fed Chair Janet Yellen remained vague on the central bank's rate-hike plans.
The car rental company has a lot of work ahead of itself for a turnaround -- especially as the dynamics of renting have changed.
A June rate hike is still on the table, the Atlanta and San Francisco Federal Reserve Presidents said at an event on Tuesday.
Investors should continue to approach the entire sector with caution.
Rising crude prices helped indices continue their gains from Friday.
An earlier Wall Street rally faded even as crude oil spiked in Monday's trading session.
TheStreet's Jim Cramer says Hertz Global Holdings won't admit that Uber is eating their lunch.
U.S. markets are declining along with crude prices.
TheStreet's Jim Cramer answers viewer questions on Kinder Morgan (KMI), Chevron (CVX), Exxon Mobil (XOM), Tyson Foods (TSN), Ulta Salon (ULTA) and more.
Stocks extended losses at midday trading Monday as markets continued to process the idea that the Federal Reserve could hike rates next month.
For the week of November 9, TheStreet awaits quarterly results from WhiteWave Foods (WWAV), Dish Network (DISH), Priceline (PCLN), Cisco Systems (CSCO), Macy's (M), Kohl's (KSS), Viacom (VIAB) and more.
Stocks broke free of range-bound trading in the final hour to rally into the close as a March rate hike grew more likely.
As we enter the final half-hour of trading for this Monday, before too long we'll be hearing about supply-demand imbalances from the floor of the NYSE and the relative afternoon calm will give way to dozens and dozens of companies reporting June qua...
No turn in China, a strong dollar, an oil glut. All of these are negative, he said.
Tesla (TSLA) popped Friday as the company unveiled a new battery option for Model S owners.
Jim Cramer answers viewers' Twitter (TWTR) questions from the floor of the New York Stock Exchange.
Rental-car stocks such as Hertz Global (HTZ) and Avis Budget (CAR) have been market losers over the past 12 to 18 months, despite attracting the interest of several activist hedge funds. This has led me to initiate an analysis over the last few week...
El Pollo Loco (LOCO) plummeted despite a better-than-expected quarter.