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Hertz drops over 45% as WSJ says bankruptcy filing coming as soon as Friday

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 22nd, 2020

Hertz preparing bankruptcy filing as soon as Friday night, WSJ says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 22nd, 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: foxnews7 hr. 6 min. ago

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: reuters12 hr. 51 min. ago

Hertz"s stock plummets 66% after co. filed for bankruptcy late Friday

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 26th, 2020

Hertz files for bankruptcy as the coronavirus pandemic crushes the car-rental industry (HTZ)

George Rose/Getty Images Hertz filed for bankruptcy Friday night after failing to reach an agreement with lend.....»»

Category: topSource: businessinsiderMay 22nd, 2020

Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic

The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and talks with creditors failed to result in needed relief......»»

Category: topSource: reutersMay 22nd, 2020

Hertz stock plunges 30% after report saying bankruptcy filing is imminent

Shar.....»»

Category: topSource: marketwatchMay 22nd, 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 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

J.C. Penney shares halted for pending news after Friday bankruptcy filing

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 18th, 2020

Hertz names new CEO after Kathryn Marinello resigned following report company was preparing for a possible bankruptcy (HTZ)

Twitter/Hertz Hertz CEO Kathryn Marinello resigned from her position on May 16, the company said in an SEC filing. The company's board named Paul Stone as its next CEO. Stone previousl.....»»

Category: worldSource: nytMay 18th, 2020

JC Penney in talks for $450 million loan as it eyes Friday bankruptcy filing

As part of the discussions, J.C. Penney would be able to draw $225 million of its bankruptcy loan on day one, and then have to hit certain milestones in order to obtain the second half of the loan......»»

Category: topSource: moneycentralMay 13th, 2020

JCPenney is reportedly considering filing for bankruptcy and closing hundreds of stores

Robert Barnes/Getty Images JCPenney is considering filing for bankruptcy, though no final decision has been made, Reuters reported Friday.  It had temporarily closed all of its stores in response to the coronavirus pandemic in Ma.....»»

Category: topSource: businessinsiderMay 8th, 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

Report: J.C. Penney explores filing for bankruptcy as option for "unsustainable" finances

J.C. Penney Co. Inc. is exploring filing for bankruptcy after the COVID-19 pandemic upended its turnaround plans, according to a report in Reuters. The Plano-based retailer has enough cash to survive the coming months, sources told Reuters. But JCP.....»»

Category: topSource: bizjournalsApr 15th, 2020

Report: J.C. Penney explores filing for bankruptcy as option for “unsustainable” finances

J.C. Penney Co. Inc. is exploring filing for bankruptcy after the COVID-19 pandemic upended its turnaround plans, according to a report in Reuters. The Plano-based retailer has enough cash to survive the coming months, sources told Reuters. But JCP.....»»

Category: topSource: bizjournalsApr 14th, 2020

Papa John"s drops KPMG as its auditor, hires EY

Papa John's International Inc has appointed Ernst & Young LLP as its auditor for fiscal year ending December 2019 after dropping KPMG LLP, the company said in a regulatory filing on Friday......»»

Category: topSource: reutersJun 14th, 2019

How much is Uber worth? Less than people thought, says its IPO filing

Uber Technologies publicly unveiled its IPO valuation for the first time Friday, coming in $10 billion less than what many expected. The San Francisco-based ride-hailing giant released its IPO pricing range of $44 to $50 per share, according to its fili.....»»

Category: topSource: bizjournalsApr 26th, 2019

GM Korea drops bankruptcy vote plan after last-minute wage deal

SEOUL (Reuters) - General Motors Co's (GM) South Korean unit dropped a plan for a vote on a bankruptcy filing after reaching a tentative wage deal with its labour union on Monday that helped the U.S. automaker win concessions on pay, bonuses and benefits......»»

Category: topSource: reutersApr 23rd, 2018

GM Korea fails to reach wage deal, edging closer to bankruptcy filing

SEOUL (Reuters) - General Motors' loss-making South Korean unit and its labor union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the unit......»»

Category: topSource: reutersApr 20th, 2018