Two veteran Wall Street strategists favor using options hedges to tamp down risk as a blockbuster quarter draws to a close. Through Monday, the S&P; 500 index had recovered 36% from its March 23 lows
The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevad
(Bloomberg Opinion) -- Another volatile week in the U.S. equity market highlighted an inconvenient reality that investors have not yet fully grasped: Stocks now lack not just upward drivers but also a
(Bloomberg) -- When the coronavirus pandemic sent shares plunging, you didn’t have to be a professional investor to spot a buying opportunity. In fact, it might be better if you weren’t.The can’
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...
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