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Stock Market & Financial Investment News

News Breaks
March 19, 2014
10:59 EDTHTZHertz expected to file annual report on Form 10-K today
Hertz Global Holdings plans to file its Annual Report on Form 10-K for the year ended December 31, 2013 today. The company previously announced that it had filed a Form 12b-25 with the Securities and Exchange Commission on March 3 because it was unable to timely file its Annual Report on Form 10-K by the prescribed March 3 due date. The filing was delayed due to issues encountered in the preparation of the company's annual financial statements which impacted its resources and overall system of financial reporting following the company's recent implementation of an enterprise resource planning system which is intended to improve its financial disclosure controls. The company was unable to file the Form 10-K by March 18 due to the issues noted in the previously filed Form 12b-25.
News For HTZ From The Last 14 Days
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March 24, 2015
16:47 EDTHTZHertz receives NYSE notice of non-compliance
Hertz Global Holdings announced that on March 18, it received a notice from the New York Stock Exchange notifying the company of its failure to meet a NYSE listing standard resulting from the company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2014. As previously disclosed, the company was unable to timely file its 2014 Form 10-K with the SEC because of the ongoing nature of the company's previously announced thorough review and investigation of its internal financial records for fiscal years 2011, 2012 and 2013. As a result of the ongoing nature of this review and its potential impact on the company's 2014 financial results, the company was unable to file the 2014 Form 10-K by the extended due date of March 17, 2015. The financial review and investigation by the company is ongoing. Hertz continues to expect that it will not be able to file updated financial statements, including the 2014 Form 10-K, before mid-2015, and there can be no assurance that the process will be completed by that time.
March 17, 2015
16:00 EDTHTZOptions Update; March 17, 2015
iPath S&P 500 VIX Short-Term Futures down 11c to 27.30. Option volume leaders: AAPL RIG MGM HTZ TWTR TSLA CY KO NFLX C according to Track Data.

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