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Results: 38
Hertz Delisted from NYSE: What Does it Mean?
Hertz Announces New Chief Accounting Officer
Hertz Obtains $1.65B in Debtor-In-Possession Financing
Hertz Bankruptcy Court Approves $1B Stock Sale

Hertz Bankruptcy Court Approves $1B Stock Sale

Hertz says the recent increases in its stock “present a unique opportunity for its debtors to raise capital on terms that are far superior to any debtor-in-possession financing.”

June 12, 2020

Hertz Requests Hearing on Potential NYSE Delisting

Hertz Requests Hearing on Potential NYSE Delisting

The potential delisting pertains to New York Stock Exchange regulations that require the average daily closing price of the company’s stock to be more than $1 a day over a consecutive 30-day trading period.

June 10, 2020

Icahn Sells Entire Stake in Hertz
Hertz Files for Chapter 11 Bankruptcy

Hertz Files for Chapter 11 Bankruptcy

All of Hertz's businesses globally remain open. International operating regions including Europe, Australia, and New Zealand are not included in the bankruptcy, nor are Hertz's franchised locations.

May 23, 2020

Marinello Resigns as Hertz’s President and CEO
Hertz Gains Temporary Lifeline

Hertz Gains Temporary Lifeline

Hertz’s lenders have given the company until May 22 “to develop a financing strategy and structure that better reflects the economic impact of the Covid-19 global pandemic.”

May 5, 2020

Hertz Commits to Cutting 10k Employees
Hertz Named Among World's Most Ethical Companies
Hertz Posts Net Loss in Q4, FY 2019

Hertz Posts Net Loss in Q4, FY 2019

Results dampened by a decrease in international revenues, safety recalls, and increases in per-unit, per-month depreciation.

February 25, 2020

Hertz Celebrates Multiple 2019 Industry Awards
Hertz Grows Revenue, Income in Q3

Hertz Grows Revenue, Income in Q3

In the third quarter, Hertz grew U.S. income on increased transaction days and a decrease in depreciation, while international revenues, earnings decrease.

November 4, 2019

Hertz Announces Winner of Hawaiian Sweepstakes