01:46 PM EDT, 03/27/2024 (MT Newswires) -- (Updates with additional details in the third and fourth paragraphs.) S&P Global Ratings said Wednesday it has downgraded Paramount Global's ( PARAA ) rating to BB+ from BBB- due to the degradation of credit metrics from the hastening declines in linear media and the shift toward a less certain and more competitive streaming...

01:48 PM EDT, 03/27/2024 (MT Newswires) -- X Financial ( XYF ) shares tumbled about 20% in recent Wednesday trading following its Q4 results in the previous day. Late Tuesday, the Chinese online personal finance company reported Q4 non-GAAP adjusted net income of 4.68 renminbi ($0.66) per diluted American depositary share, down from 5.22 renminbi a year earlier. Each ADS...

Investors with a lot of money to spend have taken a bearish stance on NextEra Energy . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with...

01:58 PM EDT, 03/27/2024 (MT Newswires) -- Pivotree Inc. ( PVTRF ) , a player in frictionless commerce solutions, which saw its shares rise 2% yesterday, said Wednesday that it swung to a fourth-quarter net loss of $1.4 million, or $0.05 per basic share, from net income of $1.5 million, or $0.05 per basic share, a year earlier. Revenue for...