JetBlue downgraded by S&P and Moody’s amid $3B debt raise
See what’s clicking on FoxBusiness.com Ratings agencies S&P and Moody’s downgraded JetBlue Airways after the airline announced plans to raise more than $3 billion in debt, much of it through its loyalty program, TrueBlue. The New York-based company’s shares plummeted 19%. JetBlue plans to raise $1.5 billion through a private offering of senior secured notes […]
SCOTUS J6 Ruling Downgraded ‘Insurrection’ to Mere Trespassing
Constitutional law scholar Jonathan Turley hill To tell The Supreme Court’s ruling on Friday that the toughest laws cited in the Jan. 6 indictment do not apply to riots or protests effectively means that the oft-repeated charge of “riot” has been downgraded to simple trespass. As Breitbart News reported last Friday, the Supreme Court Fisher […]
Paramount’s Debt Rating Downgraded to ‘Junk’ as Cable Subscriptions Plunge
Hollywood studio Paramount Global has been downgraded to junk status by S&P. S&P cited a continued decline in cable TV subscribers as the reason for the credit rating change. Paramount, which owns numerous terrestrial TV properties including CBS, Nickelodeon, MTV, BET and Comedy Central, faces similar dire economic forecasts as other legacy studios. American households […]
Bears curiously downgraded despite offseason moves
Commercial Content 21+. The Bears were one of the busiest teams in football early in the offseason, but their activities have actually been viewed negatively in the eyes of the Las Vegas powers that be. Since free agency began earlier this week, Chicago has signed running back D’Andre Swift, tight end Gerald Everett and center […]
Apple stock downgraded by Barclays over iPhone sales slowdown
Apple started the new year on a tough note Tuesday, as analysts at Barclays downgraded the company's stock rating, citing concerns about slowing sales demand for its flagship iPhone. Analysts cited recent sales surveys showing weak demand not only in developed markets but also in China. Barclays downgraded Apple's rating to “underweight.” Barclays also lowered […]
Magnificent 7 member gets downgraded to start 2024 as Barclays lowers rating on Apple – CNBC
Barclays believes investors need to exit Apple, one of last year's winners, as 2024 begins. The bank lowered its rating on the tech giant from equal weight to underweight. The company also lowered its price target for the stock from $161 to $160. The new forecast suggests a downside of around 17% over the next […]