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Stock Market & Financial Investment News

News Breaks
March 19, 2014
11:26 EDTHTZ, GOGO, EBIX, YONG, WLTOptions with decreasing implied volatility: YONG GOGO WLT EBIX HTZ
News For YONG;GOGO;WLT;EBIX;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.
10:24 EDTGOGOGogo CAO Thomas McShane to resign
In a regulatory filing, Gogo reports that on March 20, Thomas McShane notified the company and its board that he plans to resign from his current positions as VP, controller and Chief Accounting Officer for personal reasons. McShane will remain to assist with the search for his successor and to allow for a transition of his responsibilities. The company has initiated a search to identify a CAO. McShane’s resignation effective date will depend on the date a successor is identified and the transition period required once a successor is fully engaged.
09:41 EDTGOGOGogo estimates lowered further at Morgan Stanley
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March 20, 2015
09:28 EDTGOGOGogo management to meet with JPMorgan
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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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