Year: 2020

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Trading Ideas

Hertz in talks with creditors to avoid debt default, faces May 4 deadline

April 29, 2020 admin Comments Off on Hertz in talks with creditors to avoid debt default, faces May 4 deadline

Hertz, whose Hertz Corp subsidiary operates the Hertz, Dollar and Thrifty rental brands, said in a regulatory filing that it had suffered a “sudden and dramatic negative impact” on its business due to the coronavirus pandemic, which has crushed demand for rental cars as people cancel travel and stay at home. Hertz’s shares were trading at roughly $3.71 on Wednesday, down about 20% on the day and down around 80% from late February. Billionaire Carl Icahn owns 38.9% of Hertz. …read more […]

Newsmakers

fuboTV (OTC: FBNK) CEO David Gandler Featured by Wedbush Securities Managing Director of Digital Media Equity Research Michael Pachter in Public Company Spotlight

April 29, 2020 admin Comments Off on fuboTV (OTC: FBNK) CEO David Gandler Featured by Wedbush Securities Managing Director of Digital Media Equity Research Michael Pachter in Public Company Spotlight

FaceBank Group, Inc. d/b/a fuboTV [OTCQB:FBNK] CEO David Gandler was featured in a discussion led by Michael Pachter, Managing Director of Digital Media Equity Research at Wedbush Securities, to dive deeper into trends around cord-cutting, […]

Newsmakers

ImagineAR (OTC: IPNFF) Signs Five Year $300,000USD Licensing Agreement with SlapItOn to Provide Augmented Reality for Athletes and Celebrities to Engage Fans

April 29, 2020 admin Comments Off on ImagineAR (OTC: IPNFF) Signs Five Year $300,000USD Licensing Agreement with SlapItOn to Provide Augmented Reality for Athletes and Celebrities to Engage Fans

Contract Revenue is $300,000USD Plus 5 Year Management Program Revenue Fees VANCOUVER and ERIE, PA, April 29, 2020  – Imagine AR Inc. (IP:CSE) (IPNFF:OTCQB) (“ImagineAR” or “Company”) is pleased to announce the signing of a […]

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Business News

Fed leaves rates near zero, sees virus risks lingering

April 29, 2020 admin Comments Off on Fed leaves rates near zero, sees virus risks lingering

The Federal Reserve on Wednesday left interest rates near zero and repeated a vow to do what it takes to shore up the U.S. economy amid an ongoing coronavirus pandemic that will not only “weigh heavily” on the near-term outlook but poses “considerable risks” for the medium term as well.

…read more […]

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Business News

Fed leaves rates near zero, vows to use ‘full range’ of tools to help economy

April 29, 2020 admin Comments Off on Fed leaves rates near zero, vows to use ‘full range’ of tools to help economy

Federal Reserve policymakers on Wednesday left interest rates near zero and repeated a vow to do what it takes to shore up the economy, saying the ongoing coronavirus pandemic will “weigh heavily” on the near-term outlook and poses “considerable risks” for the medium term.

…read more […]