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Hertz Global Holdings Announces Pricing of Private Offering of $1.06 Billion Medium Term Rental Car Asset Backed …

ESTERO, Fla., Feb. 4, 2016 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (Hertz Global or the Company) today announced that Hertz Vehicle Financing II LP (HVF II), a wholly owned special purpose subsidiary of the Company, priced$1.06 billionin aggregate principal amount of Series 2016-1 Rental Car Asset Backed Notes, Class A, Class B, Class […]

Subprime auto loans, delinquencies up: Experian

The percentage of auto loans to buyers with the poorest credit ratings is growing faster than the rest of the auto finance market, according to a new report. Experian Automotives analysis of open auto loans in the fourth quarter raises more questions about the health of the American consumer. In addition to the growth in […]

Recent Buy: Ford Motor Company

Founded in 1903 and based in Dearborn, Michigan, Ford Motor Company (NYSE:F) manufactures and distributes automobiles worldwide. The company has around 62 plants across the world and offers vehicles primarily under the Ford and Lincoln brand names. Ford sells its products through distributors and dealers, as well as through dealerships to fleet customers. The company […]

Aequitas financial ills accelerate with second layoff in a week

The Lake Oswego investment firm embroiled in acontroversial student loan program will lay off most of its approximately 100 employees. A week afterAequitas Capital Management warned that significant financial issues were forcing it to terminate about a third of its workers, the company again gathered its stunned employees Friday and informed them virtually the entire […]

This Louisville startup wants to hit payday lenders where they live

David Serchuk Reporter Louisville Business First Email LOUISVILLE–Chris Blakely is a man on a mission. Hes dedicating his life and career to help people find an alternative to high-interest loans. Blakely is the founder and CEO of Credit Fair-E, a Louisville startup dedicated to providing small, comparatively affordable loans to what he calls the large […]

Fitch to Rate Hertz Vehicle Financing II LP, Series 2016-1 and 2016-2; Issues Presale

Fitch to Rate Hertz Vehicle Financing II LP, Series 2016-1 and 2016-2; Issues Presale

Bill to Require Two Days’ Notice Prior to Disabling of Automobiles Clears Panel

Moriarty, Coughlin amp; Mukherji Bill to Require Two Days’ Notice Prior to Remote Disabling of Automobiles Clears Assembly Panel (TRENTON) – Legislation Assemblymen Paul Moriarty, Craig Coughlin and Raj Mukherji sponsored to regulate the use of payment assurance devices by automobile dealers and lenders was released Thursday by an Assembly panel. The bill (A-756) would […]

Price Target Update On Tata Motors Ltd (NYSE:TTM)

Tata Motors Limited is an automobile company. The Company is engaged in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. Its operating segments include automotive operations and all other operations. Its automotive segment operations include all activities relating to the […]

Asbury Automotive Group Inc. (ABG) Jumps 5.95% on February 04

Asbury Automotive Group Inc. (ABG) was among the biggest gainers on the Russell 2000 for Thursday February 04 as the stock popped 5.95% to $47.89, representing a gain of $2.69 per share. Some 745,401 shares traded hands on 7,134 trades, compared with an average daily volume of 459,402 shares out of a total float of […]

Is Bad Credit A Relationship Killer?

With February upon us, our minds turn to thoughts of love, romance and relationships. There are many ways to grow a relationship — through affection, openness and trust — and our focus tends to be on these things during this month. But as couples increasingly trust each other, and as they see their lives become […]

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