Hertz’s stock slid further into record-low territory Monday, after the car-rental company said its chief financial officer was leaving the company, less than a year after taking the job.
A key barometer of U.S. factories fell to a three-month as new orders waned, the cost of raw materials rose and businesses were reluctant to invest due to high borrowing costs.
Analysts at Citi gave electronics retailer Best Buy a rare double-upgrade on Monday, boosting their assessment in anticipation that same-store sales will start rising.