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.
As part of its ratings update, S&P issued a “stable outlook” for Paramount Global, which “reflects our expectation that leverage will decline to around 4.0X in 2024 with FOCF/debt improving ...
Paramount's stock surged following reports that Sony is in talks with Apollo Global Management about joining a bid for the ...
The three-man office of the CEO offered a plan to sell the Paramount lot, slash headcount and maybe even sell Pluto TV.
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 ...
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) -- Paramount Global’s debt rating was cut to junk by S&P Global Ratings, which cited pressure on cash flow because of the continued decline in the company’s broadcast and cable TV business ...
Limassol, August 19, 2014 -- Moody's Investors Service has today downgraded by one notch the long term local-currency deposit ratings of the four largest South African banks, Standard Bank of South ...
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 ...