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Hertz Global (HTZ) is evaluating two loan offers of about $1B to $1.5B as it looks for new sources of cash, sources tell Bloomberg. The offers are said to be from a group of Hertz's unsecured creditors and a separate set of first-lien creditors. The car rental giant filed for bankruptcy in Ma...
Hertz's (NYSE: HTZ ) plan to pay 14 of its top execs up to $5.4M in bonuses failed to pass muster in court, with a bankruptcy judge saying it needs to change to win approval. More news on: Hertz Global Holdings, Inc., Read more ...
An unlikely gainer given its present circumstances, Hertz Global Holdings (NYSE: HTZ) ended the week with a 4% rise in its share price on Friday. This followed a report in The Wall Street Journal stating the bankrupt vehicle rental company has been reaching out to potential creditors fo...
Hertz (NYSE: HTZ ) wants to hand out another $14.6M in bonuses to executives , months after the company gave $16.2M in extra pay meant to keep executives from leaving when it declared Chapter 11 bankruptcy protection in May. More news on: Hertz Global Holdings, Inc., Consumer stocks new...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Unlikely suitor for TikTok A surprising party has joined the race for TikTok, as Walmart (WMT) joined forces with Microsoft (MSFT) t...
Hertz Global (NYSE: HTZ ) is shopping for a bankruptcy loan totaling as much as $1.5B , WSJ reports, after regulators blocked the company from pursuing a controversial stock sale. More news on: Hertz Global Holdings, Inc., Consumer stocks news, Read more ...
AutoZone (NYSE: AZO ) announces Executive VP and CFO Bill Giles and Senior VP of merchandising Bill Hackney will retire at the end of this year . More news on: AutoZone, Inc., Hertz Global Holdings, Inc., Consumer stocks news, Read more ...
This article is part of a series that provides an ongoing analysis of the changes made to Carl Icahn's 13F portfolio on a quarterly basis. It is based on Icahn's regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Carl Icahn's Portfolio series to get an idea of his investmen...
Manheim says all major wholesale used auto market segments saw seasonally adjusted price increases in the first 15 days of August on a year-over-year comparison. Luxury cars and pickup trucks outperformed the overall market, while most other major segments underperformed the overall market...
For investors, volatility has been the name of the game throughout much of 2020. The panic and uncertainty brought on by the coronavirus disease 2019 (COVID-19) pandemic cost the benchmark S&P 500 34% of its value in a stretch of less than five weeks. Subsequently, it took less than five m...
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On CNBC's “Mad Money Lightning Round,” Jim Cramer believes in Moderna, Inc. (NASDAQ:MRNA). On May 14, Evercore ISI Group analyst C...
Hertz Global Holdings, Inc. (NASDAQ:HTZ) shares are trading higher Tuesday amid a rally in ‘meme stocks’ and high-short interest stocks...
Meme stocks roared back on Monday after the return of "Roaring Kitty" or Keith Gill, a social media influencer who sparked the 2021 meme ...