Hertz 2006 results: Assessing Need that ultimately brings us back to PRODUCTIVITY (03/15/07)
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On Monday night (rather late) Hertz reported fourth quarter and full year 2006 financial results.  As most of you are aware Hertz (after being sold by Ford earlier in the year to a group of private equity investors) became a publicly traded company on November 15, 2006.  Since that time, the stock is up ~40%.  Hertz replaced Adesa (who is going private) in the autoretailstocks index February 1, 2006. 

The analysts came out pretty enthusiastically about the financial results and management’s strategy to cut costs.  You do not need me to regurgitate these figures and metrics for you.  But I should point out whenever a company transitions from private life to public life, and eve ...

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Related Companies: Hertz (will replace Adesa in index Feb 1, 2007)

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