On Wednesday, Hertz Global Holdings Inc (NYSE:HTZ)’s shares declined -2.00% to $19.11.
Hertz Global Holdings (HTZ) has declared that Hertz Equipment Rental Corporation (HERC) has reached a franchise agreement with the Khudairi Group for the exclusive license to provide rental equipment in Iraq using the “Hertz Equipment” brand and proprietary system. This move will significantly add to HERC’s existing network in the Middle East, with HERC Iraq offering one of the largest light-to-medium equipment fleets in the country, serving oil and gas, construction, industrial, and government customers through a branch network that will comprise locations in Erbil, Baghdad, Basra, and Sulaimani.
“HERC Iraq is well positioned to support the country’s ongoing development, with oil-related and industrial projects, commercial construction and infrastructure work underpinning Iraq’s revitalization,” said Jay Early, International Vice President, HERC. “The Khudairi Group’s experience working with firms engaged in engineering, procurement and construction (EPC), oilfield supply and service, and heavy machinery position HERC Iraq for immediate success. In addition, HERC Iraq’s access to a multitude of clients across all sectors throughout Iraq create a solid platform for long-term growth.
HERC Iraq will offer for rent a diverse range of earthmoving, power, aerial, material handling, electrical and compressed-air equipment, starting January 2016.
Hertz Global Holdings, Inc., through its auxiliaries, rents and leases cars and trucks in the United States and internationally. It operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations.
Teradata Corporation (NYSE:TDC)’s shares dropped -3.28% to $28.00.
Teradata Corp. ( TDC), the big data analytics and marketing applications company, declared that Sligro Food Group Netherlands will manage its new approach to customer-focused marketing with a Teradata data warehouse platform and Teradata Marketing Applications solutions. Sligro is a B2B wholesale company for food professionals in the Benelux.
Instead of sending mass mailings, Sligro banks on a targeted, individualized customer communications program via all on- and offline channels. This requires a different, data-driven approach. To put that into practice, ten years of customer data will be loaded into and managed by the Teradata database. In addition, Sligro will use Teradata’s Omni-Channel Marketing Solution to analyze customer data, segment target groups, and generate real-time multi-channel dialogues over online and offline channels, to drive raised customer retention. This will enable Sligro’s marketers to base their activity on known or predicted customer behavior.
Frank Beerlage, managing director, Teradata Benelux, added, “Sligro is a very customer-centric company that recognizes the value of data-driven, individualized marketing. We are proud they have selected us to contribute to their success.”
Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics.
At the end of Wednesday’s trade, Apache Corporation (NYSE:APA)‘s shares dipped -1.83% to $45.08.
Apache Corporation ( APA) will release its third-quarter 2015 results on its website, www.apachecorp.com, at 7 a.m. Central time on Thursday, Nov. 5, 2015, followed by a conference call to talk about its results at 1 p.m. Central time.
The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will be accessible for delayed playback by telephone for one week starting at about 4 p.m. Central time on Nov. 5.
Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, and the Texas Panhandle, Gulf Coast areas of the United States, in addition to in Western Canada.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.