Revenue fell 13% in the period, contributing to an adjusted loss of $1.12 per share, the company said in a statement Monday.

The reinsurer reported a fall in its first-quarter net profit due to higher major-loss expenditures in its property and casualty segment. The company stuck to its full-year outlook on ...

Hertz would likely be worth even less without Bill Ackman. The hedge fund manager recently took a 20% stake in the company, ...

Hertz Global's loss widened and it logged lower revenue in the first quarter, sending its stock lower in late trading, despite commentary from executives that the company's turnaround efforts are ...

Hertz Global Holdings reports financial results for the first quarter after the market close on Monday. Here's a rundown of ...

These days Al-Asaad, 30, has more venture backers. He has a name for his business: Basic Capital. And he has an audacious strategy that involves term financing, leverage and private credit — ...

After reaching a deal to increase his stake in Howard Hughes Holdings, investor and Pershing Square founder Bill Ackman took ...

Billionaire Bill Ackman's hedge fund, Pershing Square, has spent nearly $1 billion to accumulate shares of one real estate ...

Billionaire Bill Ackman is known for making big contrarian bets on Wall Street, including piling into Chipotle Mexican Grill ...

Howard Hughes Holdings said it become a diversified holding company while still growing its core development business.

Billionaire Bill Ackman Thinks Hertz Stock Could Reach $30 by the End of the Decade. Here's Why It Could Happen Sooner Than ...