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...The two companies agreed that Hertz “keep the cars longer than a year, we work with them, and we have the right to first refusal whenever they want to take them out of the fleet”, he said....
...Fast forward a few months and Hertz’s EV fleet isn’t going anywhere....
...“It’s heavily skewed towards stuff . . . that’s been downgraded over time from single B.” Triple C issuers listed on Ice BofA’s index include Dish, the TV group that recently merged with EchoStar....
...First, they decided that the century-old company would reposition itself as a forward-looking “mobility” group that would stand out in a crowded field with a fleet heavy on Tesla’s electric vehicles....
...Typically, these are to either a) pay cash coupons; b) toggle to ‘pay’ bondholders with more debt claims, albeit with some additional penalty (even more debt claims); c) to PIK for a while then switch to...
...EDF is also hoping to build another new plant in Suffolk adjacent to Sizewell B....
...It isn’t to Airbus — the A220 only represents about 7 per cent of the company’s annual commercial aircraft revenues,” said Tusa....
...Dwayne ‘The Rock’ is a director of which NYSE-listed company? This British CEO has a fleet of private aircraft with the following tailcodes: M-OVIE, M-USIC, M-ISTY, M-INTY and M-CHEM. Who is he?...
...Turkish said it had withdrawn its small fleet of five Max 9 aircraft....
...This has come as the plane maker has sought to increase its output rate and gain back market share it lost to Airbus during the grounding of the Max fleet in 2019 after Max 8 accidents....
...When those collapsed early in the pandemic due to reduced travel, the company lacked the cash to meet margin calls on its substantial borrowings secured by its fleet value....
...In the meantime, Brera Holdings’ shares are becoming something of a spectacle themselves....
...The company also said it would bring in an external third party to review its quality management systems....
...Then again, plenty of US companies also spurn splits. Veteran investor Warren Buffett is one naysayer. His Berkshire Hathaway B class shares, at $420, offer a relatively cheaper entry....
...In the case of the McKinsey report published in 2020, the main study gathered data about diversity on the boards and in the C-suites of more than 1,000 large global companies....
...Delaney is the only person within Boeing who can give the go-ahead for a fleet with a safety issue to operate again, Calhoun said....
...Once Asia’s most valuable company, Alibaba was overtaken in market capitalisation by its rival PDD in the past month....
...This includes the elimination of two inter-company business lines, new direct reporting from the LOBs to the C-suite for the first time ever, and collapsing of management layers from a remarkably high 13...
...Companies with double B or B plus debt ratings have received solid demand, while lower-rated single B and triple C rated companies have been forced to go to private credit lenders for financing....
...Creditors include dozens of cities across the US, as well as tech providers such as Amazon Web Services, fleet management software maker Zoba, data analytics company Palantir and Chinese scooter manufacturer...
...Three Nasdaq-listed companies, Nano Dimension, Ehang Holdings and Canaan, appear in the S&P data as having short interest that’s a multiple of the shares outstanding. This is hypothetically possible....
...The return of Ma Baidu was once known as the “B” in BAT, beside Alibaba and Tencent in the acronym synonymous with Big Tech in China....
...Rieder: I’d say it’s a B-. But it’s not a C. Why are you getting these sorts of yields in credit today? You’re getting them because the risk-free rate is so darn [high]....
...It’s holding for now, but I don’t know if it can do so forever,” said one Norwegian chief executive....
...The US plane maker last week delivered its first 737 Max to a Chinese airline since the fleet was grounded in the wake of the Max 8 crashes, a timely boost for the company....
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