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 ...

(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 ...

Paramount's stock surged following reports that Sony is in talks with Apollo Global Management about joining a bid for 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 ...

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 ...

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 ...

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 ...