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.
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 ...
Paramount's stock surged following reports that Sony is in talks with Apollo Global Management about joining a bid for the ...
A potential $26 billion acquisition of Paramount Global by Sony and Apollo Global Management is on hold, as per CNBC's ...
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 ...
Shares of Paramount Global slid after a report that Sony was "rethinking" its $26 billion bid for Paramount in conjunction ...
(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 Global ( NASDAQ: PARA) quickly fell 8% amid a report that Sony ( NYSE: SONY) may be rethinking its takeover bid.
Paramount Office of the CEO: George Cheeks, Chris McCarthy and Brian Robbins, with Non-Executive Chairwoman Shari Redstone (Chris Smith/TheWrap) What the hell is going on with Paramount?
Moody’s Ratings has downgraded the debt of CI Financial, the Toronto-based asset and wealth manager that spun out its U.S. wealth management business into a sister company, Corient, earlier this ...
The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock. By Benjamin Mullin and Lauren Hirsch With the fate of Paramount hanging in ...
Fitch Ratings has downgraded the outlook for six Chinese state-owned banks amid concerns about the government’s ability to support the sector in the event of stress. The move comes after the ...