Latest news with #GimmeCredit
CNA
31-07-2025
- Business
- CNA
SiriusXM's quarterly profit tumbles, flags ad market weakness
SiriusXM's second-quarter profit declined more than expected on Thursday, taking the shine off a smaller-than-expected loss in subscriber numbers, sending its shares down about 7 per cent. The company warned about persistent weakness in the advertising market as economic uncertainty, cautious consumer sentiment and concerns over potential tariffs prompted advertisers to scale back spending. SiriusXM also faces mounting pricing pressure in its streaming business, citing an oversupply of connected TV (CTV) ad inventory and intensifying competition in the audio sector. Second-quarter profit fell 23 per cent to 57 cents per share, down from 74 cents a year earlier, while analysts expected 75 cents. Operating costs climbed about 4 per cent, driven by increased investment in exclusive content, "The management is still working on capital spending plans and going through the new tax act - there could be a revision to the guide after next quarter," said Stuart Novick, analyst at GimmeCredit. The company lost 68,000 self-pay subscribers during the quarter, a marked improvement from the 303,000 subscribers lost in the previous quarter, beating Visible Alpha estimates for a decline of 176,840. "There may be a little concern that the encouraging subscriber net adds don't seem to be reflected in the outlook for the year," Novick added. SiriusXM's podcast segment was a bright spot, with revenue surging 50 per cent from a year ago, helping offset some of the broader market challenges. Its quarterly net income stood at $205 million, compared with $354 million a year ago. The company also signed a new agreement during the quarter with television host Trevor Noah to launch an original podcast spanning comedy, culture and current events. Revenue from its Pandora and Off-platform segments fell 3 per cent during the quarter, mainly due to a smaller subscriber base and reduced demand for music streaming.
Yahoo
24-06-2025
- Business
- Yahoo
This Independence Day - Gimme Credit Marks 30+ Years of Independent Corporate Bond Research with Proven Track Record Against Market Consensus
NEW YORK, June 24, 2025 /PRNewswire/ -- Gimme Credit today highlighted its three-decade commitment to delivering unbiased, unhedged, and uninfluenced corporate bond research that empowers investors and traders to make smarter, more confident decisions in an industry often dominated by conflicted analysis. While competitors often carry the burden of issuer affiliations or rely heavily on static credit ratings, Gimme Credit stands apart. Founded in 1994, the firm has remained fiercely independent: not a credit rating agency, not influenced by issuers, and not afraid to challenge the consensus. Expert analysts provide clear, actionable buy/outperform and sell/underperform calls across the Investment Grade, High Yield, and Emerging Markets space. "Our only allegiance is to our clients and the truth in the numbers," said Arthur Rosenzweig, CEO at Gimme Credit. "We were founded on the belief that independence is not just a business model—it's a mission. And for over three decades, that mission has never wavered." Today, that mission is more vital than ever. As investors grapple with market volatility, regulatory scrutiny, and growing concerns about the objectivity of traditional research, demand is rising for conflict-free, timely analysis. The rise of ESG-linked debt, increased policy risk, and tightening credit conditions all amplify the need for independent voices that can cut through noise and identify credit risks and opportunities in real time. Unlike traditional rating agencies that often lag market reality due to issuer relationships, Gimme Credit's freedom from conflicts of interest enables the delivery of objective insights and real-time intelligence that institutional investors, traders, and financial advisors rely on. With concise, no-nonsense research notes from seasoned senior analysts, clients navigate the complex fixed-income markets with clarity and conviction. Gimme Credit provides independent corporate bond research and data to aid investors and traders with critical and timely insights into an organization's investment potential. Since 1994, customers have relied on our decisive buy/sell recommendations to provide in-depth guidance when determining which fixed-income securities offer the most opportunity. Gimme Credit's clients include brokerage firms, corporations, financial advisors, investment managers and traders. The company has built its reputation on providing unhedged corporate bond investment recommendations by experienced, independent senior analysts. Company research and news are regularly featured in such esteemed Media as Bloomberg, The Wall Street Journal, Barron's, FT and more. Request A Free Gimme Credit Trial View original content to download multimedia: SOURCE Gimme Credit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
22-05-2025
- Business
- Malaysian Reserve
Gimme Credit Launches New Data Service With Forward-Looking Corporate Credit Scores
NEW YORK, May 22, 2025 /PRNewswire/ — Gimme Credit, a leading provider of independent credit research and data, is pleased to announce the inauguration of its new Data Service. Marked by the launch of its forward-looking Corporate Credit Scores, this new solution provides clients with the ability to easily incorporate credit insights into their financial analyses and models. The innovative offering is just the first in a series of products to be released this year as part of the firm's expanding Data Service. Available on the Gimme Credit state-of-the-art platform or through widely used distribution portals such as Bloomberg, the Credit Scores represent the company's Senior Analysts' forecasts of the direction of credit quality of the companies they cover, with a six-month forecast horizon. Unlike traditional credit ratings—typically static, model-driven, and paid for by the issuers themselves—Gimme Credit's Scores are forward-looking, fully independent, and underpinned by the expertise of seasoned Senior Analysts who are directly accessible to clients for research support. 'The launch of our Data Service with Credit Scores represents a major step in our mission to offer clients easily accessible high-quality fixed income data, including internal data generated by our Senior Analysts and quantitative applications based on external databases. We have fully developed data-as-a-service (DAAS) technology for individual users and enterprise-level client services. Our goal is to provide clients with the means to preserve capital, create alpha, assess risk and satisfy compliance and regulatory requirements,' said Arthur Rosenzweig, CEO at Gimme Credit. Gimme Credit provides independent corporate bond research and data to aid investors and traders with critical and timely insights into an organization's investment potential. Since 1994, customers have relied on our decisive buy/sell recommendations to provide in-depth guidance when determining which fixed-income securities offer the most opportunity. Gimme Credit's clients include brokerage firms, corporations, financial advisors, investment managers and traders. The company has built its reputation on providing unhedged corporate bond investment recommendations by experienced, independent senior analysts. Company research and news are regularly featured in such esteemed Media as Bloomberg, The Wall Street Journal, Barron's, FT and more. Request A Free Trial
Yahoo
22-05-2025
- Business
- Yahoo
Gimme Credit Launches New Data Service With Forward-Looking Corporate Credit Scores
NEW YORK, May 22, 2025 /PRNewswire/ -- Gimme Credit, a leading provider of independent credit research and data, is pleased to announce the inauguration of its new Data Service. Marked by the launch of its forward-looking Corporate Credit Scores, this new solution provides clients with the ability to easily incorporate credit insights into their financial analyses and models. The innovative offering is just the first in a series of products to be released this year as part of the firm's expanding Data Service. Available on the Gimme Credit state-of-the-art platform or through widely used distribution portals such as Bloomberg, the Credit Scores represent the company's Senior Analysts' forecasts of the direction of credit quality of the companies they cover, with a six-month forecast horizon. Unlike traditional credit ratings—typically static, model-driven, and paid for by the issuers themselves—Gimme Credit's Scores are forward-looking, fully independent, and underpinned by the expertise of seasoned Senior Analysts who are directly accessible to clients for research support. "The launch of our Data Service with Credit Scores represents a major step in our mission to offer clients easily accessible high-quality fixed income data, including internal data generated by our Senior Analysts and quantitative applications based on external databases. We have fully developed data-as-a-service (DAAS) technology for individual users and enterprise-level client services. Our goal is to provide clients with the means to preserve capital, create alpha, assess risk and satisfy compliance and regulatory requirements," said Arthur Rosenzweig, CEO at Gimme Credit. Gimme Credit provides independent corporate bond research and data to aid investors and traders with critical and timely insights into an organization's investment potential. Since 1994, customers have relied on our decisive buy/sell recommendations to provide in-depth guidance when determining which fixed-income securities offer the most opportunity. Gimme Credit's clients include brokerage firms, corporations, financial advisors, investment managers and traders. The company has built its reputation on providing unhedged corporate bond investment recommendations by experienced, independent senior analysts. Company research and news are regularly featured in such esteemed Media as Bloomberg, The Wall Street Journal, Barron's, FT and more. Request A Free Trial View original content to download multimedia: SOURCE Gimme Credit
