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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 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

CCS announced April 27 shutdown

Just two weeks after filing for bankruptcy and insisting it would keep its doors open, CCS Oncology has notified patients the practice will close on Friday, April 27. The announcement follows months of uncertainty at the Amherst-based practice, includ.....»»

Category: topSource: bizjournalsApr 19th, 2018

Wall St. drops as JPMorgan leads bank stocks lower

(Reuters) - Wall Street major indexes fell on Friday morning, erasing all their gains coming out of the opening bell as JPMorgan led a sharp reversal in financial stocks......»»

Category: topSource: reutersApr 13th, 2018

Toys R Us to close all US stores by Friday. Take a look back at its heyday

Toys R Us stores across the US will be closing this week as part of a liquidation process after filing for Chapter 11 bankruptcy protection last year. All Toys R Us and Babies R Us stores will close on or before Friday......»»

Category: topSource: moneycentralJun 25th, 2018

Sears Stock Hits All-Time Low, Which Could Jeopardize Its Nasdaq Listing

The stock price history low comes days after CEO Lampert outlined plan to avoid Sears bankruptcy filing. Sears stock hit an all-time low on Friday, with shares trading for under $1. With such a low price per shar.....»»

Category: europeSource: fortuneSep 28th, 2018

Mattress Firm bankruptcy filing reportedly expected as soon as this week

Houston-based Mattress Firm Inc. is expected to file for bankruptcy protection within the coming days, according to at least one report. People familiar with the matter told Reuters the filing could occur as soon as this week, and the process could be co.....»»

Category: topSource: bizjournalsOct 2nd, 2018

Sears Holdings Hopes to Live On After Bankruptcy. Here's Why It Won't - Motley Fool

Motley FoolSears Holdings Hopes to Live On After Bankruptcy. Here's Why It Won'tMotley FoolThe bankruptcy filing everyone saw coming finally arrived. Sears Holding.....»»

Category: topSource: googlenewsOct 21st, 2018