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Hertz CEO out following electric car ‘horror show’
CNN Business via Yahoo Finance· 3 months agoTrouble and turmoil continue at rental car company Hertz. The company, which announced in January it was selling 20,000 of the electric vehicles in its...
You can now buy a used Tesla for just $21,000 thanks to Hertz’s fire sale
Fortune via AOL· 1 week agoHertz’s failed bet on EVs is turning out to be a great thing for the savvy used-car buyer. Thanks to...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via AOL· 2 months agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Hertz loses another $200 million from its EVs
Yahoo Finance via AOL· 2 months agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized”...
Hertz went all in on Tesla — and is paying the price
Yahoo Finance· 4 months agoHertz stock recovered in midday trade following an early slide as the company reported a wider-than-expected fourth quarter loss due to its exposure to...
Hertz considers $700 million sale of secured debt plus convertibles, Bloomberg says
Reuters via Yahoo Finance· 1 week agoHertz did not immediately respond to a Reuters request for comment. The company's advisors have...
Should You Invest in Revlon Stock Right Now?
Motley Fool· 2 years agoRevlon (NYSE: REV) is the latest company to file for Chapter 11 bankruptcy protection, only to see its stock price spike. Though shares have tanked this...
Man Buys Used Tesla, Discovers Horrendous Issue
Futurism via Yahoo Finance· 1 month agoWhile Tesla's stock was reaching all time highs back in 2021, car rental company Hertz made a big bet by buying up about 30,000 Teslas vehicles. The...
5 Stocks to Sell Immediately
InvestorPlace via Yahoo Finance· 2 months agoLast week, I recommended “5 Stocks to Buy as Interest Rates Begin to Fall.” Declining borrowing costs looked set to turn these loss-making firms...
Revlon Stock May not Go All the Way to Zero After Bankruptcy
InvestorPlace via Yahoo Finance· 2 years agoOn the surface, the situation with Revlon (NYSE:REV) stock looks like a bleak one. Currently in Chapter 11 bankruptcy, it appears as if shares in the famed cosmetics firm have reached a “game ...