Estero, Florida-based vehicle rental company Hertz Global (NYSE:HTZ) is in the middle of bankruptcy proceedings. Hertz stock is currently hovering at $1.25, down from the $16-level of January 2020.Sou
Let’s just say it’s not looking good for car rental firm Hertz (HTZ). According to Morgan Stanley analyst Adam Jonas, hopes of a turnaround are, well, pretty close to zero.The analyst’s best-cas
Sales of roughly 150,000 of the company’s used cars—nearly one-third of its fleet—would raise about $3 billion in cash. But that $3 billion of cash wouldn’t go directly to Hertz’s operating
Their Graham blended multipliers stand below 22.5 Continue reading...
Shares of Hertz Global Holdings Inc. shot up 20% in active trading Wednesday, putting them on track to snap a 4-day losing streak in which they plunged 38%, after Jefferies analyst Hamzah Mazari said
U.S. stocks opened firmly lower Wednesday morning, threatening to snap an eight-session win streak for the Nasdaq Composite, amid signs of rising coronavirus cases and worries about fresh internationa
In this article we will take a look at whether hedge funds think Herc Holdings Inc. (NYSE:HRI) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving int
Herc (NYSE:HRI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports. According to Zacks, “Herc Holdings, I
Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the mat

Jim Chanos Updates His Tesla Thesis

07:26pm, Tuesday, 23'rd Jun 2020
The shortseller is still betting against the automaker Continue reading...

Robinhood Crowd Misses Out on Convertible Bonds

10:00am, Tuesday, 23'rd Jun 2020
(Bloomberg Opinion) -- It’s growing more likely by the day that we’ve reached peak “bored retail trader” in the financial markets.Bloomberg News, The Wall Street Journal and seemingly every fi

Hertz Is 2020’s Biggest Bankruptcy So Far

09:01pm, Monday, 22'nd Jun 2020
Retailers’ bankruptcies have gained more attention, but more restaurant companies have sought protection from their creditors.
In the era of Covid-19 more reliance has to be placed on digital platforms, and concerns of senior citizens have to be addressed, ruled the Haryana Electricity Regulatory Commission
Proper risk management — of which there are at least 12 examples — should be high on investors’ list.
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