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The Latest Breaking News from SP Global Market Intelligence

Citing ‘emerging challenges,’ Walgreens to shutter 150 stores across the U.S.

Walgreens reported net income of $118 million, about 59% below the previous year. It will also close 300 stores in the United Kingdom. This year the firm said it would cut 10% of its corporate workforce, mostly in Deerfield and Chicago.

Chicago Sun-Times

S&P: Media, Telecom Deals Plunge

May’s media and telecom deals in U.S. and Canada fell to under $2B, according to S&P Global Market Intelligence data

TV Tech

S&P: Apple’s Apple Vision Pro to Sell Under 500K Units in First Year

Even so, “Apple is bound to revitalize the AR/VR market” according to a new S&P Global Market Intelligence analysis

TV Tech

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S&P Global: Commercial real estate loan delinquency rate 'rises sharply'

"Banks are exercising caution over CRE loans, which could increase stress on borrowers and pressure policymakers to intervene,” says S&P Global Market Intelligence researchers.

Fortune

Is Nvidia Stock Just Getting Started?

Nvidia stock has more than doubled this year already, but analysts say explosive growth in AI gives NVDA plenty more upside ahead.

Kiplinger

S&P: Private Equity Investment In Streaming Companies Slumps

Investments fell by 73% in 2022 and only three deals have been made in 2023, S&P Global Market Intelligence reports

TV Tech

Oneok Stock Tumbles After Megadeal for Magellan Midstream Partners

Oneok stock sold off sharply over concerns about diluting shareholders and diversifying into the oil side of the oil & gas business. Time to buy?

Kiplinger

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Disney Stock Tumbles: Time to Buy?

Analysts say Disney stock is a buy on weakness after shares sell off on a subscriber miss.

Kiplinger

Moderna Stock Pops on Surprise Earnings Beat

An unexpected profit and promising news on a deal with the EU boosted Moderna stock.

Kiplinger

Manufacturing downturn continues as clients cut costs

A closely-watched survey found the manufacturing sector declined for the eighth month in a row in April.

The Independent UK

S&P: Global Sports Rights Payments to Hit $25.57B in 2023

Football remains the most popular, viewed by 55% of Internet households followed by basketball (35%), according to S&P Global Market Intelligence

TV Tech

U.S. Broadcast Retransmission Revenue Grows to $14.5B in 2022

Longer term, these revenues will likely grow by percentages in the low single digits, to $15.93 billion by 2027 according to S&P Global Market Intelligence

TV Tech

TV-Station Fees From Cable Rose 3% to $14.46 Billion Despite Cord-Cutting

S&P Global Market Intelligence sees revenue hitting $15.93 billion in 2027

Multichannel News

Highest-Yielding Dividend Stocks in the S&P 500

LyondellBasell, Conagra and Altria head the list of the highest-yielding dividend stocks in the S&P 500. Some of the other names might surprise you.

Kiplinger

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Bangkok Post

China lifts SE Asia factories as Europe downturn softens

Asia’s manufacturers are improving at the start of the year as the region becomes more optimistic about the boost from China’s reopening, while activity in the euro area shows the downturn is softening as cost pressures ease.

Kiplinger

Earnings Calendar and Analysis for This Week (December 22-26)

Check out our earnings calendar for this holiday-shortened week.

Bangkok Post

Asian factories still under pressure as demand slows

SINGAPORE: Asia’s manufacturers remained under pressure in December as activity continued to contract under the weight of slowing global demand.

Dynamite News

Qatar FIFA World Cup 2022: Revenue Collection Expected To Break All Previous Records

Qatar is expected to generate USD 6.5 billion in FIFA world cup 2022, surpassing all previous tournaments and at four times the figure seen in Korea and Japan. Read on for details:

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The Guardian - UK

UK and US manufacturing slows; eurozone inflation hits 8.6%; petrol at new record – as it happened

Orders at UK factories fall for first time in 17 months, as prices accelerate at a record pace across the eurozone

The Guardian - UK

UK economy ‘running on empty’ as post-pandemic order books dry up

Business confidence slumps to level that typically signals imminent recession, warns economist

Bangkok Post

In India's Mobile-Payments Boom, Even Beggars Get QR Codes

A beggar in the eastern Indian state of Bihar strolled through a train station one recent weekday, toting a metal pail for cash and a tablet computer with a QR code stuck on the back.

Bangkok Post

Explainer: Is Thai supply chain anchored to China?

China's Covid containment measures, especially in the world's largest port city of Shanghai, have influenced Thailand's supply chain security and could cast a shadow on local manufacturers' decisions in the medium term.

Kiplinger

Stock Picks That Billionaires Love

Billionaire investors are scooping up beaten-down blue chips when they're on sale.

Kiplinger

All 30 Dow Jones Stocks Ranked: Buy, Sell or Hold?

Microsoft, Nvidia and Amazon are Wall Street's top Dow Jones stocks to buy now. Some other names might surprise you.

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