Talking with andrew about what exactly got washed out yesterday. Hard to say a lot when hertz is up 50 premarket. I mean, look, it is kind of a comedy of errors, no insult to the board. Really there is a Bankruptcy Code and maybe hertz management got permission in the old days when you went bankrupt there would be a little bit of a stump of stock so that you could go and sell it and show the irs that you had taken the full loss carl icahn sold a ton of the stock in the 70s, he sold 38 . I think if he had known that there would suddenly be a new stock he would have hit that bid. If i were him id sue. Id sue right now. I would just hire a lawyer and sue because he sold at what the company was advertising as a bankrupt price where the common stock was and he has i think a right to be able to claim 38 of this money and i urge him to do so, to hire a lawyer and get the money because this is just ludicrous. Well see what the court says i think theyve got to get to 4, right, to get to a billi
Is that idina menzel, on the phone with her agent . Thats exactly where she lives, kansas city, missouri. Uber is cutting jobs because of the effect the coronavirus is having on its business. The company is slashing about 3,700 recruiting and Customer Support positions worldwide. Thats about 14 of its workforce. Ubers ceo is also waiving his salary for the rest of the year. Add gap to the list of retailers opening this month. It plans to reopen 800 Stores Including old navy and Banana Republic before the end of may. New protocols will include updated cleaning routines, plexiglass at registers, and no access to fitting rooms. Some Department Stores are also looking ahead and engineering how their future might take shape. It comes as nordstrom unveils the changes it is making to protect both its customers and employees. Here is abcs eva pilgrim. Reporter stores are reopening, but shopping as we know it is changing. Nordstrom announcing the closure of 16 stores in an effort to weather the
In the meantime, lets talk about the price of bitcoin. It has been volatile. Shot up yesterday in a big way and pulled back after blackrock denied the report, becky. Coin telegraph saying u. S. Regulators approved the application for the spot etf. Everybody cheered and went crazy. Coin telegraph later retracted the story and conducting an internal investigation into the inaccurate report. Blackrock reported the application is still under review. Crypto markets have been waiting news for spot coin etfs which are expected to drive investment in the sector if approved. If because we still dont know. Just because blackrock and fidelity are asking for it, doesnt mean the s. E. C. Has to give it. Do i think there is momentum . Sure. It doesnt lead to the situation. The company that put out the story is now conducting an internal investigation which makes you wonder if they suspect somebody was doing this and making trades based on the story. It wasnt how it happened. Was somebody feeding the
Capital Research Global Investors increased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH – Free Report) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,168,527 shares of the company’s stock after purchasing an additional 220,737 shares during the […]
Manhattan West Asset Management LLC decreased its stake in Wyndham Hotels & Resorts, Inc. (NYSE:WH – Free Report) by 72.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,115 shares of the company’s stock after selling 8,224 shares during the quarter. Manhattan West Asset […]