A fire destroyed two residential buildings in the Spanish city of Valencia, killing at least 10 people and injuring several others, according to local authorities. Photo: Jose Jordan/Agence France-Presse/Getty Images
S&P currently has a 'BBB+' - investment grade - rating on the firm, whose stock has lost about a fifth of its value this year in the face of weak revenue growth and a $15.63 billion debt load as of September that was more than its total assets. "We believe FOCF (free operating cash flow) will be weaker than historical levels because the significant cash flows from the linear TV businesses will degrade rapidly as pay-TV subscribers continue to decline and advertisers migrate spending to streaming platforms," the ratings agency said. Paramount Global's shares were down 5% on Friday as rival Warner Bros Discovery reported bigger-than-expected quarterly loss due a weak advertising market and the impact of Hollywood strikes.
Q4 2023 Carvana Co Earnings Call
In many ways, Mexico City’s environment is a force unto itself. That could be a huge factor Saturday night.
Rail passengers are warned to expect disruption as a signal failure at Waterloo station impacts train services for a third day. Trains may be cancelled or revised until the end of the day, says National Rail, following a track circuit failure that began on Wednesday. Until further notice, Waterloo to Shepperton, Shepperton to Waterloo, and Kingston to Waterlooo services are being diverted.
BRADENTON, Fla. (AP) — All-Star pitcher Mitch Keller and Pittsburgh finalized a $77 million, five-year contract on Friday, and the Pirates said he will be their opening day starter at Miami on March 28. The agreement, the largest the Pirates have given a pitcher, replaces a one-year agreement last month worth $5,442,500. Keller would have been eligible for free agency after the 2025 season. A 27-year-old right-hander, Keller is coming off a breakthrough season in which he became a first-time All
As electric vehicle makers Rivian (RIVN) and Lucid (LCID) see their stocks decline on lackluster earnings and production outlooks amid slowing EV demand, which mainline automaker is best positioned to capture the attention of prospective EV buyers? Tom Narayan, RBC Capital Markets Lead Equity Analyst — Global Autos, joins Yahoo Finance Live to highlight why he believes Stellantis (STLA) — which owns Jeep, Dodge, and Chrysler — stands to gain the most from plug-in hybrid models while price pressures barrage consumer interest in EVs. "Those names that have more dedicated architectures that can only make full electrics now are facing some problems, right, because all they can do is make bets. So if the demand for those slow, it's not like they can switch and pivot and make plug-in hybrids," Narayan explains. "That's probably one of the main reasons why we like a name like Stellantis. it looked like a mistake to a lot of people a few years ago, when they chose this approach. But, now they're looking like the smartest kids in the classroom." Narayan also comments on Stellantis' pricing strategy geared toward American auto buyers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Nu Holdings Ltd. (NYSE:NU) Q4 2023 Earnings Call Transcript February 22, 2024 NU isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and gentlemen. Welcome to Nu Holdings Conference Call to discuss the results for the Fourth Quarter […]
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Tied for first place in the ACC standings with a five-game winning streak and wins in 16 of their past 18 games, the Duke Blue Devils are firmly on the No. 3 seed line with hopes of landing even higher in the bracket.
Q4 2023 Floor & Decor Holdings Inc Earnings Call
Bob Stewart had told Sayed Ahmed Alwadaei to ‘go back to Bahrain’ during a row.
The desire to avert catastrophe in Rafah has given fresh impetus to talks in Paris, says Guardian columnist Jonathan Freedland
There's a growing field of competitors in the weight-loss drugs space, where Lilly and Novo currently dominate. Is Eli Lilly stock a buy?
AT&T will likely issue bill credits for the outage that impacted tens of thousands of customers, one analyst said.
The bomb is being taken by military convoy from a garden in the Keyham area to the Torpoint Ferry slipway to be disposed of at sea
"Seek a small subversive gesture. View things from a perspective different from what is presumed...
Putting reverse thinking at play, insignia of chastised femininity were turned into tropes of dark-tinged sensuality.
Odysseus' successful landing has sparked excitement around a possible expansion of the lunar economy.
The charity of former PM Gordon Brown’s wife has launched a development project to help young people in Ukraine.