FTX Clear to Repay Customers as Firms Seek Slice of $1 Billion [BNN Bloomberg (Canada)]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: BNN Bloomberg
US Bankruptcy Judge John Dorsey said Monday he'd approve payments to FTX customers harmed by Bankman-Fried under a sweeping proposal formulated by advisers who took charge of the exchange after it collapsed. In November 2022, crypto prices were so low and FTX was in such chaos that advisers initially concluded creditors would recover only a portion of what they were owed. But customers' prospects improved substantially during the bankruptcy. In June, the company had $12.6 billion, an amount that could climb to as much as $16.5 billion after FTX is done tracking down and selling all of the platform's assets, according to court documents. Sold assets include various venture-capital projects like FTX's stake in the artificial-intelligence company Anthropic. “Certainly we benefitted from the bull crypto markets of the last year,” creditor attorney Ken Pasquale told the judge overseeing the insolvency case. The company was able to take advantage of that run up by cutting deals with cr
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HTZ
News
- Hertz Global Holdings, Inc. (NYSE: HTZ) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Hertz Global Holdings Inc (HTZ) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Why Hertz Stock Tumbled and Then Recovered Today [Yahoo! Finance]Yahoo! Finance
- Hertz Global Holdings, Inc. (HTZ) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Hertz Results Hit by $1B Impairment Charge [Yahoo! Finance]Yahoo! Finance
HTZ
Earnings
- 11/12/24 - Miss
HTZ
Sec Filings
- 11/12/24 - Form 10-Q
- 11/8/24 - Form SC
- 11/5/24 - Form 4
- HTZ's page on the SEC website