UPDATE 2-Hertz cuts forecast as govt austerity dents demand

Newswire

* Airport rentals hurt by U.S. government spending cuts * Company says car fleet under-utilized * Cuts earnings/share forecast to $1.68-$1.78 from $1.78-$1.88 * Hertz shares fall 15 pct; Avis Budget shares drop 7 pct By Bijoy Anandoth Koyitty Sept 26 (Reuters) - Hertz Global Holdings Inc lowered its full-year earnings forecast as cuts in government spending hurt U.S. airport rentals, sending its shares down ...

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