Investing.com -- Moody’s Ratings has downgraded Townsquare Media, Inc. ’s Corporate Family Rating (CFR) to B3 from B2, the rating agency announced Tuesday.
The downgrade also affected Tullow’s probability of default rating, which moved to Ca-PD from Caa2-PD. Additionally, Moody’s lowered the rating on the company’s backed senior secured notes due 2026 to ...
The acquisition will give Cronos the leading market share position in what it describes as Europe’s largest adult-use cannabis market. CanAdelaar currently sells to nearly all 72 coffee shops within ...
S&P Global Ratings has placed Enviri Corp. ratings on CreditWatch Developing following the company’s announcement to sell its Clean Earth business to Veolia Environnement S.A. The planned transaction ...
STMicroelectronics has reduced its 2025 capital expenditure target to below $2 billion, compared with its prior guidance of $2.0 billion–$2.3 billion. The company recently agreed to acquire NXP’s MEMS ...
S&P could lower Borr’s rating further if debt to EBITDA rises sustainably above 5x or if EBITDA interest coverage falls below 2x. This could happen if weaker commodity prices reduce demand for ...
The report, "Consumer Outlook: Shifting Gears Into 2026," identifies these top Canadian consumer stocks: ...
Investing.com -- TKO Group (NYSE:TKO) shares fell 2.4% after the company provided margin guidance during a presentation at a UBS conference that appeared to fall short of analyst expectations.
The artificial-intelligence chips that Nvidia plans to ship to China will undergo a special security review in the United States before export, administration off ...
Investing.com -- OpenAI appointed Slack CEO Denise Dresser as its chief revenue officer on Tuesday as the ChatGPT maker aims to grow its enterprise business. In her new role, Dresser will be ...
Bank of America’s Peter Galbo said PepsiCo plans to “accelerate org sales growth and improve op. margins via affordable pricing, innovation, and cost cuts.” He noted that the company’s decision not to ...
The FDA probe is more extensive than previously understood, as it encompasses both adult and pediatric cases. "FDA is doing a thorough investigation, across multiple age groups, of deaths potentially ...
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