- The markets rose yesterday but futures point down early today.
- Hertz dropped 13% yesterday as it announced plans to again tap the debt market. It already has $6 billion in debt and is going to tap the markets for another $500 million. The company issued $500 million in high yield debt this past December.
Mergers & Acquisitions
M&A Activity Down in Q1 Due to Uncertainty. “M&A is like a barometer of business