$HTZGQ News

Last published 5y ago

5y agoMS HTZGQHertz Stock Rages On After Bankruptcy With Surge, Then PlungeBloomberg
5y agoHTZGQHertz Announces New Board Of DirectorsPR NewswireESTERO, Fla., June 30, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") announced the composition of its new Board of Directors whose term is effective with the Company's successful completion of its restructurin
5y agoHTZGQHertz Exits Chapter 11 As A Much Stronger CompanyPR NewswireESTERO, Fla., June 30, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that it has successfully completed its Chapter 11 restructuring process and has emerged as a financially and operationally s
5y agoHTZGQMarathon’s Richards Sees Gains on Hertz, Travel as Covid WanesBloomberg
5y agoAPO HTZGQAs Hertz Exits Bankruptcy, the Reddit Crowd Pockets a Big ScoreBloomberg
5y agoGM JPM BX HTZGQSTRUCTURED WEEKLY: ‘Reopening-Trade’ Mega Deals Dominate SalesBloomberg
5y agoMS CVX CNP XEL+15Lordstown’s Electric-Truck Orders Were VagueBloomberg
5y agoWPG MDLY GTT HTZGQ+2Zombie Stocks Defy Bankruptcy Logic as Meme Traders Bid Them UpBloomberg
5y agoHTZGQHertz's Plan Of Reorganization Confirmed By Bankruptcy CourtPR NewswireESTERO, Fla., June 10, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that the Bankruptcy Court confirmed the Company's Plan of Reorganization (the "Plan"). The Plan unimpairs all classes of cre
5y agoAMC HTZGQ FRTA CU.S. CREDIT WEEK AHEAD: High-Grade Sales, Large LBOs to Ramp UpBloomberg
5y agoGME TSLA HTZGQ EXPR+1AMC, Express Mark Golden Age for Retail-Focused Stock SalesBloomberg
5y agoHTZGQHertz shares surge by more than 50% after selecting $6 billion turnaround bidCNBCShares of Hertz skyrocketed by as much as 68% after it selected a $6 billion turnaround bid that provides a rare payout to shareholders.
5y agoFB GME AMZN CBOE+2The Hertz Gamblers Were RightBloomberg
5y agoGME HTZGQOnce-Doomed Hertz Rebounded So Much Even Redditors Were RightBloomberg
5y agoHTZGQHertz Selects $6 Billion Bid From Knighthead, Certares And Apollo To Fund Chapter 11 ExitPR NewswireESTERO, Fla., May 12, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and
5y agoCAR HTZGQHertz Equity to Recover $8 a Share With Knighthead Plan WinBloomberg
5y agoHTZGQ JPM HLT KKRU.S. CREDIT WEEK AHEAD: $45 Billion of High-Grade Deals on TapBloomberg
5y agoHTZGQHertz Says Travel Demand Returning After 33% Revenue DeclineBloomberg
5y agoHTZGQHertz Global Holdings Reports First Quarter 2021 Financial ResultsPR NewswireESTERO, Fla., May 7, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz Global" or the "Company") today reported results for its first quarter 2021 with revenue of $1.3 billion, net income attributable to the Company of $190 million
5y agoCAR HTZGQHertz Bidding War Builds as Centerbridge Preps New CounterofferBloomberg
5y agoHTZGQHertz Determines Revised Reorganization Proposal From Affiliates Of Knighthead, Certares And Apollo Constitutes A Superior ProposalPR NewswireESTERO, Fla., May 5, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that it has considered the revised proposal made by affiliates of Knighthead Capital Management LLC, Certares Opportunities LL
5y agoHTZGQHertz Deems Knighthead Bid Superior In Duel to Exit BankruptcyBloomberg
5y agoHTZGQHertz Confirms Receipt Of Revised Reorganization Proposal For Its Chapter 11 ExitPR NewswireESTERO, Fla., May 4, 2021 /PRNewswire/ -- Hertz Global Holdings Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") confirmed today that it has received a revised proposal from affiliates of Knighthead Capital Management LLC, Certares Opportunities LLC, and A
5y agoHTZGQHertz Gets Sweetened Knighthead Offer in Brawl to Buy Car RenterBloomberg
5y agoUBER GOOGL HTZGQ GM+2Car-Sharing Startups Emerge From Pandemic With New Lease on LifeBloomberg
5y agoCAR HTZGQHertz Sets Deadline for Knighthead to Submit Revised Buyout BidBloomberg
5y agoHYMC AAPL MBAC/U HTZGQA Baseball Card SPAC Shows Why Distressed Investing Is So HardBloomberg
5y agoCAR HTZGQHertz Sees Potential Equity Recovery as It Weighs Knighthead BidBloomberg
5y agoWE C GME HTZGQ+1Everyone Loves the $100 Million New Jersey Deli Except David EinhornBloomberg
5y agoHTZGQKnighthead, Certares Boost Bid to Buy Hertz From BankruptcyBloomberg
5y agoABNB T MAR HTZGQ+8Corporate America Enters Politics, Splits With GOP on Voter SuppressionBloomberg
5y agoDAN HTZGQHertz Picks Centerbridge-Backed Plan to Exit From BankruptcyBloomberg
5y agoHTZGQ GMEReddit-Inspired Retail Traders Open Tip-Trading Bar in TokyoBloombergIn the U.S., retail investors poured into Reddit’s WallstreetBets to get hot stock tips. In Japan, they have opened a bar where investors can thrash out stock punts.
5y agoAXP HTZGQHertz Competing Reorganization Plans Hinge on Pending DetailsBloombergThe fate of Hertz Global Holdings Inc. depends on details still pending behind two formally submitted bids, it said in court papers.
5y agoCAR JPM IVZ BAC+1Hertz Lenders Push IPO to Get Rental Company Out of BankruptcyBloombergA group of unsecured lenders to Hertz Global Holdings Inc. are proposing an initial public offering for the reorganized rental car company, a move that counters a plan to sell the company to two investment funds for as much as $4.2 billion.
5y agoGME AONE HTZGQHertz, the Original Meme Stock, Is Turning Out to Be WorthlessBloombergIt’s the version of David versus Goliath that Wall Street will like. Day traders, snapping up penny stocks on the popular Robinhood app, sought to defy decades of convention and make money on bankrupt rental-car company Hertz. The craze sent shares soaring as much as 896%, prompting Hertz to briefly capitalize on the frenzy by issuing even more stock.
5y agoHTZGQHertz Gets $4.2 Billion of Financing in Plan to Exit BankruptcyBloombergHertz Global Holdings Inc. received a bid from Knighthead Capital Management and Certares Management to purchase the company out of bankruptcy for as much as $4.2 billion, according to court documents.
5y agoGNUS HTZGQHedge Fund Anson Goes Big on Retail Trades, Outperforming PeersBloombergCanadian hedge fund Anson Funds, which returned more than double the S&P 500 in 2020, recommends skipping the fundamentals and focusing on sentiment as retail traders take an outsized role in the market.
5y agoBA JPM GOOGL GS+6Meme Stocks Will Come With a WarningBloombergAlso Reddit’s raise, corporate Bitcoins, buzz ETF, rap videos and geese.
5y agoHTZGQ NFLX BLIAQBankrupt Blockbuster Remnant Joins Reddit-Inspired Retail RallyBloombergThe latest nostalgia stock to jump on the Reddit rally is BB Liquidating Inc., the final remnant of bankrupt video-rental company Blockbuster.
5y agoHTZGQ AONE GMEReddit-Fueled Rallies Like GameStop’s Defy Easy Crackdown by SECBloombergU.S. regulators are likely to scrutinize the quadrupling of GameStop Corp.’s shares over the past two weeks, a breathtaking buying spree turbocharged by bullish touts about the video game retailer on Reddit and other online forums.
5y agoGS MSFT CHWY TSLA+6The Game Never StopsBloombergAlso Intel and O’Hare.
5y agoHTZGQ QS APO BXBlackstone-Backed Antara Soars 59% on Technology, Lithium BetsBloombergAntara Capital, a $1.2 billion hedge fund backed by Blackstone Group Inc., soared 59% in its flagship fund last year as wagers including loans to technology companies paid off.
5y agoMAR F LNG JPM+7Credit Funds From Apollo to Diameter Tally Big Gains for 2020BloombergThey swooped in to buy the debt of pandemic-battered airlines and cruise companies. Some got in on the lucrative role of funding Hertz Global Holdings Inc.’s bankruptcy reorganization, while others made wagers against commercial real estate. Now, some of the most seasoned distressed-debt traders are totaling up big gains.
5y agoGE IGT EBAY AONE+3Tesla Kept Busy in 2020BloombergAlso short short shortage, direct indexing, Bitcoin gimmicks and legal realism.
5y agoCRM DOCU TSLA HTZGQ+10Day Traders Put Stamp on Market With Unprecedented Stock FrenzyBloombergLook at a screen at almost any point in 2020, and chances are you saw something like this: A company that nobody had ever heard of 12 months ago was in the process of trading 20 million shares in a day.
5y agoBNTX MRNA NVAX F+4Year of the Meme Stock: Hertz, Kodak Top List of 2020 HighlightsBloombergVaccine developers, electric-vehicle startups and a bankrupt car-rental company captured the imagination of individual investors in 2020 as Reddit chat rooms touted the so-called meme stocks as the next big winners.
5y agoC SPG CBLAQ PEI+8Wall Street’s Painful Lessons From a Year of Epic Debt FightsBloombergFrom the collapse of storied retailers to the fall of a prominent hedge fund manager, 2020 offered a harsh reminder of what happens when the economy goes south.
5y agoSTT GS BLK HTZGQ+1Robinhood Army Propels Thematic ETFs to a Record-Setting YearBloomberg
6y agoGS PFE SCHW RCL+4Day Traders Say They Told You So in Market Bending to Their WillBloombergThe caveats are too numerous to list. One trial isn’t definitive. Vaccines take months to distribute. However good the news is, stocks are priced for better.