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Hertz could file for bankruptcy as soon as this weekend

Hertz Global Holdings Inc. is preparing to file for bankruptcy as soon as this weekend after failing to reach a standstill agreement with top lenders......»»

Category: topSource: foxnewsMay 22nd, 2020

Hertz could file for bankruptcy as early as this weekend as the coronavirus pandemic crushes the car-rental industry (HTZ)

George Rose/Getty Images Hertz is preparing to file for bankruptcy this weekend after failing to reach an agreement with lenders, The Wall Street Journal reported Friday.....»»

Category: topSource: businessinsiderMay 22nd, 2020

Hertz could file for bankruptcy as soon as this weekend

Hertz Global Holdings Inc. is preparing to file for bankruptcy as soon as this weekend after failing to reach a standstill agreement with top lenders......»»

Category: topSource: foxnewsMay 22nd, 2020

Hertz’s stock rockets off record low but remains a fraction of pre-bankruptcy prices

Shares of Hertz Global Holdings Inc. doubled on heavy volume Wednesday, but retraced only a fraction of what they lost after the car rental company declared bankruptcy ahead of the long weekend......»»

Category: topSource: marketwatchMay 27th, 2020

Hertz preparing to file for bankruptcy as soon as Friday night: WSJ

Hertz preparing to file for bankruptcy as soon as Friday night: WSJ.....»»

Category: topSource: reutersMay 22nd, 2020

Hertz prepares to file bankruptcy if Monday deadline is missed

Hertz Global Holdings Inc. is preparing to file for bankruptcy as soon as Monday night if the company fails to rework its debt and can’t get lenders to extend a grace period on a missed payment......»»

Category: topSource: moneycentralMay 5th, 2020

Hertz Plummets Amid Reports Company Could File For Bankruptcy This Week

Hertz Global Holdings Inc. (NYSE: HTZ) dropped nearly 24% in after-hours trading on Monday as multiple reports suggested the company is nearing a bankruptcy filing. read more.....»»

Category: blogSource: benzingaMay 5th, 2020

Hertz prepares to file for bankruptcy, stock tanks

Car-rental ridership is plunging amid the Covid-19 pandemic and the broad economic pullback, touching off a cash burn at Hertz.....»»

Category: topSource: foxnewsMay 4th, 2020

J. Crew Preparing To File For Bankruptcy As Soon As This Weekend

J. Crew Preparing To File For Bankruptcy As Soon As This Weekend Apparel company J. Crew may file for bankruptcy as soon as this weekend.....»»

Category: blogSource: zerohedgeApr 30th, 2020

J. Crew could file for bankruptcy this weekend

The New York-based retailer had already been struggling under a heavy debt load and a sales slump amid criticism it fell out of touch with its once-loyal customers. The coronavirus pandemic has worsened its woes.....»»

Category: topSource: moneycentralApr 30th, 2020

Modell’s prepares bankruptcy filing

Modell’s, the embattled sporting goods retailer, is preparing to file for bankruptcy, FOX Business has confirmed with CEO Mitch Modell. The filing could come as soon as this weekend......»»

Category: topSource: foxnewsMar 6th, 2020

Sears Could File for Bankruptcy As Soon As This Weekend

The company is in talks for financing that would fund operations Sears Holdings Corp., the struggling U.S. retailer owned by hedge fund m.....»»

Category: topSource: timeOct 10th, 2018

Sears preparing to file for bankruptcy perhaps as early as this weekend

The long goodbye for America’s most iconic retai.....»»

Category: topSource: latimesOct 10th, 2018

Sears likely to announce by this weekend that it will file for bankruptcy

Sears is likely to announce as soon as Sunday that it will file for bankruptcy protection, with plans to push through the holiday season, so.....»»

Category: topSource: usatodayOct 12th, 2018

Franchisees of iconic American chains are "hemorrhaging" sales, as operators of IHOP, Pizza Hut, and more file for bankruptcy

REUTERS/Piroschka van de Wouw The franchisees that run locations of some o.....»»

Category: topSource: businessinsiderMay 31st, 2020

CNBC: J.C. Penney to start store closing sales in June

J.C. Penney Co. Inc., which recently filed for Chapter 11 bankruptcy protection, expects to file a store closing procedure motion in June, according to a report from CNBC. The retailer, which is headquartered in Plano, plans to file the motion .....»»

Category: topSource: bizjournalsMay 29th, 2020

United CEO says the airline won"t file for bankruptcy

United Airlines CEO Scott Kirby says the airline doesn’t plan to file for bankruptcy despite currently burning through at least $40 million in cash per day......»»

Category: topSource: bizjournalsMay 29th, 2020

Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost $2 billion loss after the car-rental giant"s bankruptcy

Reuters Carl Icahn dumped his 39% stake in Hertz at a loss of nearly $2 billion on Tuesday. The billionaire investor sold his 55.3 m.....»»

Category: smallbizSource: nytMay 28th, 2020

Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost $2 billion loss after the car rental giant"s bankruptcy

Reuters Carl Icahn dumped his 39% stake in Hertz at a loss of nearly $2 billion on Tuesday. The bil.....»»

Category: dealsSource: nytMay 28th, 2020

Billionaire Icahn exits Hertz with "significant" loss after bankruptcy filing

 Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a "significant loss" days after it filed for bankruptcy protection......»»

Category: topSource: foxnewsMay 28th, 2020

Billionaire Icahn exits Hertz with "significant" loss after bankruptcy filing

Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a "significant loss" days after it filed for bankruptcy protection......»»

Category: topSource: reutersMay 27th, 2020