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Last week in media: a soft start to 2020 and nearly matching the S&P 500 in 2019

2020-01-14 11:41:00| Telecompaper Headlines

(Telecompaper) The media sector has been relatively quiet in 2020, so far. Time for a look back at 2019. The sector, as per the Telecompaper Global Media index, did almost as well as the S&P 500 index. The absolute winner in our basket was Snap, up almost threefold. McClatchy was the worst stock to own in 2019, down 94 percent. Further, in most segments performances diverged widely. Gaming, social networking, VOD and conglomerates were exceptions, with most shares in those segments doing (very) well last year. The theatre segment stayed behind.

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Vodafone ratings put on Creditwatch negative by S&P

2019-07-17 10:19:00| Telecompaper Headlines

(Telecompaper) S&P has put Vodafone Group's BBB+ debt ratings on Creditwatch negative, suggesting the operator will have difficulty reducing leverage after completing the takeover of Liberty Global's assets in Germany and Eastern Europe. The ratings agency said the deal is likely to receive regulatory approval, and the additional debt will see Vodafone's leverage peak at 3.4-3.5x adjusted EBITDA in fiscal 2020. 

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China's credit rating downgraded by S&P

2017-09-21 16:46:16| BBC News | Business | UK Edition

Rating agency Standard & Poor's finds China less credit worthy because of a build up of debts.

Tags: rating credit sp chinas

 

UK loses top credit rating from S&P

2016-06-27 20:56:56| BBC News | Business | UK Edition

Ratings agency S&P downgrades UK's credit rating from AAA to AA with a negative outlook after the Brexit vote.

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Ulta up 3.9%, set to replace Tenet Healthcare in S&P 500

2016-04-08 01:40:27| Appliances - Topix.net

Beauty retailer Ulta is up 3.9% after hours as it's set to join the S&P 500 April 15. The salon, cosmetics and fragrance store will replace Tenet Healthcare in the index. Tenet is moving to replace Jarden in the S&P MidCap 400 at the same time, as Newell Rubbermaid is set to acquire Jarden on or around that date.

Tags: set sp replace healthcare

 

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