Herc Holdings Inc. Stock News

By Geoffrey Smith

Billionaire Leon Cooperman on Monday said that the emergence of individual investors eagerly scooping up stocks that have been rocked amid the coronavirus-induced downturn will ultimately “end in te

(Bloomberg Opinion) -- The house arrest of pandemic lockdowns seems to have thrown open the gambling switch in our brains.How else to rationalize the frothy frenzy across asset classes globally, a

A surge in brokerage accounts combined with speculation on risky stocks are a hazardous recipe, says one market watcher.

U.S. stock benchmarks closed higher Monday, staging a major comeback in afternoon trade, after the Federal Reserve announced further steps to keep big businesses flush with credit during the pandemic,

San Francisco Fed President Mary Daly on Monday defended the central bank’s purchase of $3 trillion in assets to ease financial market conditions, saying they’ve helped more Americans than just Wa

The growth expectations for the long term have not been revised despite the recession Continue reading...

Debt-strapped Hertz Global Holdings (HTZ) plunged 24% after the car rental company announced plans to raise as much as $500 million from a sale of new shares.The stock dropped 24% to $2.15 in early af

The word ‘worthless’ appears five times in Hertz Global Holdings Inc.’s plan to sell up to $500 million in stock, and the SEC filing, studded with other dire warnings, is also notable for what i

The bankrupt rental car company is planning a novel experiment in corporate finance Continue reading...

The U.S. death toll from the coronavirus illness COVID-19 climbed above 115,000 on Monday, and the stock market tanked amid growing concerns about the uptick in cases in several states after their fir

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and succes

Yahoo Finance's Heidi Chung breaks down the details of Hertz's bankruptcy filings.

If embattled car-rental giant Hertz doesn’t sell enough stock, it might not have enough cash to finance its operations through bankruptcy. If it sells the full allotment, existing shareholders will