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Monday, February 25, 2013

Hertz forecasts strong 2013 as pricing improves, (NYSE: HTZ), (NYSE: TRI), (TSE: TRI.TO)

Hertz Global Holdings Inc reported a quarterly loss due to costs related to its acquisition of Dollar Thrifty, but adjusted profit beat analysts' expectations and the car rental company forecast strong results for 2013 on higher pricing.Hertz forecast adjusted earnings of $1.82 to $1.92 per share for 2013 on revenue of $10.85 billion to $10.95 billion.Analysts on average expect earnings of $1.78 per share on revenue of $10.79 billion, according to Thomson Reuters I/B/E/S.Hertz is off to a "fast start" for the year, Chief Executive Mark Frissora said in a statement.

Hertz Global Holdings, Inc. (Hertz Holdings) is a holding company. Shares of HTZ remained unchanged at $18.73. In the past year, the shares have traded as low as $10.22 and as high as $19.98. On average, 6466870 shares of HTZ exchange hands on a given day and today's volume is recorded at 0.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $29.92. In the past year, the shares have traded as low as $26.20 and as high as $31.18. On average, 829134 shares of TRI exchange hands on a given day and today's volume is recorded at 0.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.46% or $0.14/share to $30.51. In the past year, the shares have traded as low as $26.65 and as high as $31.57. On average, 913960 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 653959.



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