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What to watch today: Wall Street set for mixed open after strong late-day bounce
U.S. stock futures pointed to a mixed open Tuesday, one day after a late-session turnaround cut the Dow's nearly 1,000 point decline almost in half.
CNBC.com · 1d ago
Stocks making the biggest moves in the premarket: Amazon, AutoZone, Tesla, Nikola & more
The stocks making the biggest moves in premarket trading include Amazon, AutoZone, Tesla, Nikola, and more.
CNBC.com · 1d ago
Hertz looks for cash after self-funding through early part of bankruptcy
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
Seekingalpha · 1d ago
Hertz Weighs Plans From Two Creditor Groups for Bankruptcy Loan
(Bloomberg) -- Hertz Global Holdings Inc. is negotiating with its creditors for a loan to bolster operations after months of funding itself during bankruptcy, according to people with knowledge of the talks.The rental-car company is mulling two tentative offers for loans of about $1 billion to $1.5 billion
Bloomberg · 1d ago
Stock Investors Are Younger and More Racially Diverse
(Bloomberg Opinion) -- Brokerage firms such as Robinhood Financial LLC, zero-commission trading, the surge in exchange-traded funds and the growth in fractional share ownership have all had a hand in luring a new generation of investors to the stock market in recent years. If anything, the Covid-19 pandemic
Bloomberg · 2d ago
Hertz's executive bonuses rejected by bankruptcy judge
Hertz's (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
Seekingalpha · 5d ago
Hertz Bonuses Rejected by Judge Who Calls Them ‘Offensive’
(Bloomberg) -- Hertz Global Holdings Inc. must change its plan to pay 14 top executives up to $5.4 million in bonuses if it wants win approval for the incentive program, says the judge overseeing the car renter’s bankruptcy.Judge Mary Walrath sided with opponents of the payouts, who argued that the bonus
Bloomberg · 5d ago
Snowflake Soars Into Tech Big Leagues With $73 Billion Valuation
(Bloomberg) -- Snowflake Inc. soared in a euphoric stock-market debut that transformed the eight-year-old software company into business valued at about $73 billion.Snowflake’s $3.36 billion initial public offering is a record for a software company and the biggest in the U.S. this year. Its share price
Bloomberg · 09/16 19:47
Is the Options Market Predicting a Spike in Hertz (HTZ) Stock?
Investors need to pay close attention to Hertz (HTZ) stock based on the movements in the options market lately.
Zacks · 09/15 13:55
Yes, It’s a Stock Market Bubble. But That Doesn’t Mean Trouble Just Yet.
marketwatch.com · 09/14 14:31
Post-Bankruptcy, Whiting Petroleum an Intriguing Choice for Oil Bulls
As it turns out, buying Whiting Petroleum (NYSE:WLL) stock in bankruptcy wasn't a great deal. Between shares of the "new" WLL stock and warrants, early trading suggests that pre-bankruptcy prices were too high, even after a big pullback.Source: Shutterstock Whiting was a better story than
InvestorPlace · 09/11 20:00
Retired Hertz Managers Fight Bonuses for Current Leadership Team
(Bloomberg) -- Hertz Corp. should be blocked from paying as much as $5.4 million to 14 top executives because the proposed bonus program would “potentially squander limited resources,” a group of retired company managers said in court papers.Paying top managers a bonus while in bankruptcy may make it
Bloomberg · 09/11 19:03
As Energy Investments Go, Marathon Can’t Finish the Race
If you can't recall what you were doing right about now in 2004, don't worry as we'll give you a nudge: It was the last time you paid less for a gallon of gas. Going into Labor Day, GasBuddy predicted a national average of $2.19 per gallon, "down nearly 37 cents from last year and the
InvestorPlace · 09/11 14:16
Marathon Patent Needs a Long-Term Growth Story to Prosper
There's a penchant to snap up anything related to tech. And although that is not a bad strategy, one should always look for fundamental value when investing in a company. With "blockchain mania" in full swing, that attitude often goes out the window in favor of herd instinct. That's
InvestorPlace · 09/11 11:16
Hertz (HTZ) Down 8.3% Since Last Earnings Report: Can It Rebound?
Hertz (HTZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Zacks · 09/09 16:30
Hertz Is Said to Weigh Donlen Leasing Business Sale to Pay Debt
Hertz Global Holdings Inc. has received interest from several potential buyers for its Donlen fleet business and is considering a sale if it can get at least $1 billion, according to people familiar with the matter.
Bloomberg · 09/01 02:23
Need To Know: Herc Holdings Inc. (NYSE:HRI) Insiders Have Been Buying Shares
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
Simply Wall St. · 08/31 17:11
Hertz Seeks $5.4 Million in Executive Bonuses During Bankruptcy
Bloomberg · 08/28 22:26
Hertz seeks further $14.6M in exec bonuses during bankruptcy
Hertz (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
Seekingalpha · 08/28 20:58
Wall Street Breakfast: Unlikely Suitor For TikTok
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 TikTokA surprising party has joined the race for TikTok, as Walmart (WMT) joined forces with Microsoft (MSFT) to buy the U.S. assets of the popular short video app. The bid could total $30B or even more, and as odd as that coupling seems, CNBC reports that Walmart originally sought majority ownership of TikTok in a consortium with Alphabet ([[GOOG]], [[GOOGL]]) and SoftBank (SFTBY). "We believe a potential relationship could provide Walmart with an
Seekingalpha · 08/28 11:08
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About HTZ
Hertz Global Holdings, Inc. (Hertz Global) is a holding company. The Company owns Rental Car Intermediate Holdings, LLC, which owns Hertz Corporation (Hertz), Hertz Global's primary operating company. The Hertz Global’s operating segments include U.S. Car Rental (U.S. RAC), International Car Rental (International RAC) and All Other Operations. The U.S. RAC segment is engaged in the rental of vehicles, such as cars, crossovers and light trucks, as well as ancillary products and services, in the United States. The International RAC segment is engaged in rental and leasing of vehicles, such as cars, crossovers and light trucks, as well as ancillary products and services, internationally. The All Other Operations segment includes its Donlen Corporation business, which provides fleet leasing and fleet management services, and other business activities. Hertz Global operates its business through the Hertz, Dollar and Thrifty brands from approximately 12,400 corporate and franchisee locations
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