UPDATE 1-Hertz Global sees 2nd-qtr profit above Street

Newswire

* Forecasts surprise 2009 profit * Says no long-term impact from GM, Chrysler bankruptcies June 25 (Reuters) - Car rental firm Hertz Global Holdings Inc , which had suspended the practice of giving guidance, forecast quarterly profit above market estimates and said it sees no significant long-term financial impact from General Motors and Chrysler bankruptcies. The company also forecast a surprise full-year profit. "Our car rental demand in the U.S. and Europe has stabilized and we are ...

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