View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

  
reports

News Corporation: Discussion of Key Credit Factors for News Corporatio...

Our credit view of this issuer reflects its conservative and disciplined financial policy including robust liquidity, constrained by its customer concentration.

Moody's Ratings upgrades News Corporation's senior unsecured ratings t...

Moody's Ratings (Moody's) upgraded News Corporation's ("News Corp" or "the Company") senior unsecured notes ratings to Baa3 from Ba1. As the company is now investment grade, we have withdrawn the Company's Ba1 Corporate Family Rating (CFR), Ba1-PD probability of default rating (PDR), and SGL-1 specu...

News Corporation: News Corporation's plan to sell Foxtel is credit pos...

News Corporation's plan to sell Foxtel will help delever the balance sheet and accelerate the transition away from a highly competitive industry in secular decline, and improv the asset mix.

News Corporation: Discussion of Key Credit Factors for News Corporatio...

Our credit view of this issuer reflects its scale, diversity, disciplined financial policy and very good liquidity, constrained by unfavorable secular and cyclical exposures and event risk.

Moody's Ratings affirms News Corporation's Ba1 CFR; outlook positive

Moody's Ratings affirmed all credit ratings for News Corporation ("News Corp" or "the Company") including the Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba1 senior unsecured notes. The speculative grade liquidity rating is unchanged at SGL-1. The outlook was c...

Moody's Ratings affirms News Corporation's Ba1 CFR; outlook positive

Moody's Ratings affirmed all credit ratings for News Corporation ("News Corp" or "the Company") including the Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba1 senior unsecured notes. The speculative grade liquidity rating is unchanged at SGL-1. The outlook was c...

Blair Levin
  • Blair Levin

NSR Policy, Weekend Update: DISH Gets FCC Blessing, Media Ownership Po...

In this weekend update, we analyze the FCC’s letter to DISH about its build-out commitments and what happens next; a court ordering the FCC to do a broadcast ownership proceeding just as the line of television broadcast networks for sale gets longer; signs of hope and struggles for mobile wireless carriers yearning for more mid-band spectrum while TMUS makes progress on its 2.5GHz licenses; and lots of activity in the courts on tech, with SCOTUS taking up the challenge to the Texas and Florida s...

News Corporation: Discussion of Key Credit Factors for News Corporatio...

Our credit view of this issuer reflects its leading and very valuable brands and assets, some with strong growth and margin profiles, constrained by governance risk and some secular pressure

Moody's affirms News Corp.'s credit ratings, including Ba1 CFR; outloo...

Moody's Investors Service (Moody's) affirmed all credit ratings for News Corporation ("News Corp" or "the Company") including the Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba1 senior unsecured notes. The speculative grade liquidity rating is unchanged at SGL-...

News Corporation: Discussion of Key Credit Factors for News Corporatio...

Our credit view of this issuer reflects strong brands and valuable assets, conservative financial policy, and scale and diversity, offset by exposure to declining secular trends in media

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Upgrading Communications, Downgrading Staples In our January 10th Compass, we discussed that a break above 3910 on the S&P 500 would signal a tradable rally, with 4100-4165 our target, which is the top-end of our expected 2023 trading range. We believe equities are still in the midst of a rally/short squeeze, but that the rally is likely to fizzle in the 4100-4165 area. Upgrading Communications to Market Weight. We have been underweight Communications (XLC, EWCO) since November of 2021, a peri...

Valens Research
  • Valens Research

Valens Credit Weekly Insights - 2023 01 11

Valens Credit Research team highlights NWSA, which has a compelling bond offering that we believe the market is currently mispricing, with strong fundamentals, favorable management alignment, and an actionable trade.

Valens Research
  • Valens Research

NWSA - Valens Credit Report - 2023 01 06

Credit markets are only slightly overstating credit risk, with a cash bond YTW of 5.987% relative to an Intrinsic YTW of 5.247% and an Intrinsic CDS of 150bps. Furthermore, Moody's is overstating NWSA's fundamental credit risk with its Ba1 credit rating three notches below Valens' IG4+ (Baa1) credit rating.

Valens Research
  • Valens Research

Valens Credit Weekly Insights - 2022 10 19

Valens Credit Research team highlights NWSA, which has a compelling bond offering that we believe the market is currently mispricing, with strong fundamentals, favorable management alignment, and an actionable trade.

Valens Research
  • Valens Research

NWSA - Valens Credit Report - 2022 10 11

Credit markets are materially overstating credit risk, with a cash bond YTW of 6.779% relative to an Intrinsic YTW of 5.019% and an Intrinsic CDS of 118bps. Furthermore, Moody's is overstating NWSA's fundamental credit risk with its Ba1 credit rating three notches below Valens' IG4+ (Baa1) credit rating. Incentives Dictate Behavior™ analysis highlights positive signals for credit holders. NWSA's compensation metrics should generally drive management to focus on all three value drivers: margins,...

Moody's says News Corp's ratings unaffected by new Term Loan A and Rev...

Announcement: Moody's says News Corp's ratings unaffected by new Term Loan A and Revolving Credit Facility. Global Credit Research- 30 Mar 2022. New York, March 30, 2022-- Moody's Investors Service says News Corporation's Ba1 Corporate Family Rating, Ba1-PD Probability of Default Rating, Ba1 senior unsecured notes ratings, SGL-1 Speculative Grade Liquidity Rating and positive outlook are unchanged by the proposed issuance of a new 5- year, $500 million unsecured Term Loan A and...

News Corporation: Covenant Quality Post-Sale Snapshot: $500m 5.125% Se...

News Corporation’s covenant package provides middle-tier HY-Lite protection, reflecting a covenant quality score of 5.00.

News Corporation: Discussion of Key Credit Factors for News Corporatio...

News Corp's credit profile reflects good scale and diversity, leading and valuable brands, conservative leverage, and very good liquidity, partially offset by exposure to weak secular trends

Moody's assigns Ba1 rating to new unsecured notes, affirms News Corp's...

Rating Action: Moody's assigns Ba1 rating to new unsecured notes, affirms News Corp's Ba1 CFR, outlook positive. Global Credit Research- 08 Feb 2022. New York, February 08, 2022-- Moody's Investors Service assigned a Ba1 rating to News Corporation's proposed 10- year, $500 million senior unsecured notes due 2032 and affirmed the Ba1 Corporate Family Rating and Ba1-PD Probability of Default Rating.

NEWS CORP sees a downgrade to Slightly Negative on account of less fun...

The independent financial analyst theScreener just lowered the general evaluation of NEWS CORP (US), active in the Broadcasting & Entertainment industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date November 19, 2021, the closing price was...

Loading...
New interest

Save your current filters as a new Interest

Please enter a name for this interest

Email alerts

Would you like to receive real-time email alerts when a new report is published under this interest?

Save This Search

These search results will show up under 'Saved searches' in the left panel

Please enter a name for this saved search

ResearchPool Subscriptions

Get the most out of your insights

Get in touch