Previous close | 64.69 |
Open | 64.67 |
Bid | 64.34 x 1100 |
Ask | 102.94 x 1200 |
Day's range | 64.27 - 64.82 |
52-week range | 47.80 - 66.04 |
Volume | |
Avg. volume | 105,902 |
Market cap | N/A |
Beta (5Y monthly) | 1.64 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 3.38 (5.21%) |
Ex-dividend date | 12 Apr 2024 |
1y target est | N/A |
Ratings agency S&P lowered Paramount Global's credit rating to 'BB+' from 'BBB-' on Wednesday as stiff competition in the streaming landscape pressures the media giant's free operating cash flow (FOCF) generation. S&P had placed Paramount on negative watch in February, pending the company's fourth-quarter results. Later that month, Paramount's revenue for the quarter fell short of market expectations, hurt by a soft advertising market, fallout from last year's Hollywood strikes and a slowdown in demand for traditional television.
UBS has sealed the sale of Credit Suisse's securitised products business to Apollo Global Management as part of efforts to shed non-core assets after its takeover of the collapsed banking group. The agreement is a renegotiation of the deal Credit Suisse had reached with the U.S. buyout fund in the Swiss banking group's last-ditch attempts at a revamp to avoid collapse. UBS Chief Executive Sergio Ermotti said the deal would free up capital from non-core activities and reduce costs and complexity in its business.