On Friday, Barry Diller, chairman of Expedia and digital group IAC announced that his companies will stop providing long-term earnings forecasts. In his words, “guidance is a bad business. Were out....
The court’s proceeding was in favor of Hertz Global Holdings Inc. to carry on with its plan to raise cash by selling shares that are potentially worthless. The Friday court bankruptcy hearing was ru...
Boeing stocks (BA) went from about $90 range low to over $230 per share following analysts upgrade. Although, Boeing is having production issues due to regulatory clearance s...
In finance, a custodian is simply referred to as a financial institution responsible for holding and safe-keeping customers’ securities, trust funds and other assets to help them prevent loss or the...
Hertz global holding Inc (HTZ) operates a car rental service and it's been around since 1918. The company is trading under stock symbol HTZ, its market cap is $404 million. Hertz stock was tradin...
While many banks have signaled that they would pay out dividends to investors regardless of the coronavirus crisis, analysts at Keefee, Bruyette & Woods have come out to say that there were “21 ...
Gold is a great investment option for investors who prefer less-risky investments. Gold holds much value and offers its investors the same. However, like every other security or investment, there are ...
On Monday, JCPenney announced that it paid a $4.5 million bonus to CEO Jill Soltau, and CFO Bill Wafford, Chief Merchant Michelle Wlazlo, and Chief Human Resources Office Brynn Evanson, each received ...
As the retail store faces bankruptcy threats, JCPenney has been in talks with major lenders to secure a $450 million “debtor in possession” (DIP) loan to keep the company afloat. The DIP loan is s...
What could be more tragic to a family losing the head of the family, amid the coronavirus pandemic, with a fourth child on the way?On Thursday, murder charges were filed against Jamal Thomas, 43, by t...