Paramount Global's debt rating was cut to junk status by credit-rating agency S&P Global, which cited the media conglomerate's ongoing challenges with free cash flow generation relative to its debt.
The three-man office of the CEO offered a plan to sell the Paramount lot, slash headcount and maybe even sell Pluto TV.
An almost fully occupied 48-story Midtown office tower at 1633 Broadway houses top money managers, law firms and media outfits. Even so, the Class A building’s cash flow is falling and on Monday ...
(Bloomberg) -- Just a few months ago, life as a Paramount Global bondholder was pretty good. Most Read from Bloomberg Iran’s Attack on Israel Sparks Race to Avert a Full-Blown War Israel Versus ...
Paramount's stock surged following reports that Sony is in talks with Apollo Global Management about joining a bid for the ...
In a surprise move, Sony Pictures is in talks to join Apollo in a joint bid to purchase Paramount Global. It sometimes seems as if the film production company landscape is one big merger, and the ...
Fitch Ratings downgraded its outlook for six Chinese state-owned banks yesterday after it also cut its outlook for the country’s sovereign credit rating last week. The outlook revision indicates ...
When empires fall, they don’t exactly come crashing down. It is a process that takes time to complete. So when rating agency Fitch decided to lower the credit rating of the United States triple A to ...
Find out more about subscription packages here. THE US banking industry suffered notable liquidity stress in 2023. The upheaval commenced with a run on Silicon Valley Bank in March, and set off a ...
Moody's maintained France's sovereign rating at "Aa2" with a stable outlook. Fitch, which downgraded its rating for France last year, left it unchanged at "AA-" with a stable outlook. The ...
New York, November 06, 2014 -- Moody's Investors Service has today downgraded the government of South Africa's debt rating to Baa2 from Baa1. The government's short-term debt rating is affirmed at a ...