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 ...
Citing a drop in “sustainable” cash flow, Fitch Ratings downgraded 1633 Broadway’s mortgage along with loans for an office ...
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 ...
Fallen angels returned 1.61 % versus 1.51 % for the broad high yield market due to tighter spreads, which drove high price ...
PayPal stock cratered more than 80% since its peak in 2021 amidst a declining user base and slowing revenue growth. Read my ...
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. S ...