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Hertz Files For Bankruptcy As Lockdowns Crush Rental Car Industry

Hertz Files For Bankruptcy As Lockdowns Crush Rental Car Industry Tyler Durden Sat, 05/23/2020 - 09:32 As if 44,354 Robin Hood traders suddenly cried out in terror and were suddenly sile.....»»

Category: worldSource: nytMay 23rd, 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 bankruptcy protection

Car rental company Hertz filed for bankruptcy protection after its business was decimated during the coronavirus pandemic. Conway G. Gittens has the details......»»

Category: videoSource: reutersMay 23rd, 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 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 files for bankruptcy after "sudden and dramatic" COVID-19 impact

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 24th, 2020

Rental car company lays off more than 140 Hawaii employees

A rental car company operating out of both the Daniel K. Inouye Airport and the Kahului Airstrip is laying off workers due to the impact that shutdowns to prevent the spread of Covid-19 have had on the travel industry. Altogether, the Hertz Corp. has .....»»

Category: topSource: bizjournalsMay 6th, 2020

Hertz gets a reprieve from its lenders as it faces a potential bankruptcy

Car rental giant Hertz averted a crisis over a missed lease payment but warned the c.....»»

Category: topSource: chicagotribuneMay 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

Car-rental giant Hertz is reportedly preparing for a potential bankruptcy after it missed lease payments (HTZ)

George Rose/Getty Images Hertz is preparing.....»»

Category: topSource: businessinsiderApr 29th, 2020

Offshore oil driller Diamond files for bankruptcy after OPEC-Russia price war, coronavirus outbreak

The Houston-based contract driller said it sought chapter 11 protection after the downturn in the offshore-drilling industry "worsened precipitously" because of the oil-price war between the OPEC countries and Russia along with the COVID-19 pandemic......»»

Category: topSource: foxnewsApr 26th, 2020

Whiting Petroleum Files For Prepackaged Bankruptcy

Whiting Petroleum Files For Prepackaged Bankruptcy Talk about a coincidence: just as we were discussing why April would be "apocalyptic" for the oil industry, as Saudi Arabia just unleashed an unprecedented record amount of oil to buyers in a.....»»

Category: blogSource: zerohedgeApr 1st, 2020

Global airlines face bankruptcy by May if governments don’t intervene, warns aviation consultant

Airlines fly into one of the bloodiest weeks for the industry, as they battle to survive travel restrictions and country lockdowns in the face of the coronavirus crisis......»»

Category: topSource: marketwatchMar 16th, 2020

Art Van Furniture files bankruptcy; former franchisee cites local "chaos"

Art Van Furniture, which said last week it would close its stores, filed Chapter 11 bankruptcy Sunday, as a former local franchisee said the liquidation process has been "utter chaos." Industry publication Furniture Today reported that the Chapter.....»»

Category: topSource: bizjournalsMar 9th, 2020

Borden Dairy files for bankruptcy amid debt load, head winds facing milk producers

The move comes two months after another industry titan, Dean Foods, filed for Chapter 11 bankruptcy protection......»»

Category: topSource: washpostJan 6th, 2020

Borden Dairy files for bankruptcy amid debt load, headwinds facing milk producers

The move comes just two months after another industry titan, Dean Foods, filed for Chapter 11 bankruptcy protection......»»

Category: topSource: washpostJan 6th, 2020

Louisville-area manufacturer files for Chapter 11 bankruptcy protection

Utica, Ind., based Marine Builders Inc. has filed for Chapter 11 bankruptcy protection in the midst of an industry downturn. This family-owned company, which builds and repairs river- and ocean-going vessels, has been around for 40 years. The fi.....»»

Category: topSource: bizjournalsMay 1st, 2019

As Gibson Brands files for bankruptcy, are guitars out of tune with America?

Industry watchers say don’t give up on guitar sales just yet......»»

Category: topSource: marketwatchMay 2nd, 2018

As Gibson files for bankruptcy, are people falling out of love with guitars?

Industry watchers say don’t give up on guitar sales just yet......»»

Category: topSource: marketwatchMay 2nd, 2018

What"s Behind the 12% Decline in Hertz Global (HTZ) Stock?

Hertz Global (HTZ) suffers due to headwinds like high costs and struggles associated with the U.S. car rental industry. Shares of Hertz Global Holdings, Inc. HTZ lost 11.83% on Jun 26 to close the session at $16.84 per share. The decline can .....»»

Category: smallbizSource: nytJun 27th, 2018

Hertz shares rally as third-quarter earnings crush expectations

Hertz Global Holdings Inc.'s stock jumped in Thursday's extended session after the car rental company posted quarterly results that exceeded Wall Street's expectations. Hertz rep.....»»

Category: topSource: marketwatchNov 8th, 2018