With the purchase, Pershing's stake in Hertz makes it the second-largest shareholder in the company. The investment sent the car rental company’s shares soaring 44.3 percent on Thursday, with the ...

The fund limits its cash stake to 5%. This strategy's focus on dividends has led its roughly 190-stock portfolio to be more value-oriented relative to its large-blend Morningstar Category peers ...

Sector and geographic allocations in the strategy's roughly 275-stock portfolio are largely a byproduct of its managers' bottom-up analysis. Its balance of domestic and foreign stocks also shifts ...

So it wasn't a surprise to see Hertz Global (NASDAQ: HTZ) stock skyrocket after Ackman's fund disclosed a stake in the car rental business. Hertz shares jumped 126% in a two-day span as of trading ...

Prime Video has officially announced the premiere date for its feature-length documentary American Thunder: NASCAR to Le Mans, which covers NASCAR's 2023 Garage 56 entry, an American stock car ...

The top lobbying groups representing the U.S. auto industry jointly urged the Trump administration to reconsider an upcoming 25% tariff on car parts, warning it will upend the carmaking business ...

Find investment ideas for your portfolio with the latest stock picks from Barron’s below. These picks are the product of the Barron’s newsroom and are our best ideas based on original ...