Articles by Daniel Marsh
Paramount Skydance Launches $44.4B Bond Sale Ahead of Warner Merger Ruling
Paramount Skydance has initiated a $44.4 billion secured notes offering to finance its Warner Bros. Discovery acquisition, pending court approval. The massive debt sale underscores the scale of the deal and its financial implications.
Australia's Cash Rate Hits 4.6%, Mortgages Feel the Pinch
The Reserve Bank of Australia lifted its cash rate to 4.60%, the highest since 2011, adding A$91 monthly to a typical A$600,000 mortgage as inflation persists.
Canada's OAS October Boost: 1.4% Increase, But Final Rates Pending
Canada's Old Age Security (OAS) will rise 1.4% in October, pushing estimated maximum monthly payments to C$762.50 for ages 65-74 and C$838.75 for 75+. Official rate card still pending.
Cricket Australia Board Shake-Up: Baird Out Amid Big Bash Sale Dispute
Mike Baird will step down from Cricket Australia's board following a dispute over private investment in the Big Bash. David Boon takes over as interim chair as the Renegades sale continues.
Mortgage Rates Surpass 7%: The Real Cost for Homebuyers
Freddie Mac's average 30-year fixed mortgage rate reached 7.03%, up from 6.95% last week and 6.30% a year ago. For a $400,000 loan, that's about $193 more per month than a year ago.
Atlantic Canada Panel Urges Unified Economy and C$1B Growth Fund
A federal panel proposes unifying Atlantic Canada's economy with a C$1B growth fund and regional power operator, targeting C$25B in power investment by 2035.
Cygnus XL Reboost Sets Stage for Crew-13 Rendezvous
Cygnus XL's 18-minute burn raised the ISS orbit, setting the stage for Crew-13's launch targeted for no earlier than Oct. 1.
Mountain Bike Industry Shifts Focus to E-MTBs and Destination Parks
The mountain bike market is evolving beyond bike sales toward e-MTBs, bike parks, and experience-based services, with electrification and destination riding driving new growth.
Nintendo Shares Slide 1.2% on UBS Downgrade, Despite $4.5M Piracy Win
Nintendo shares fell 1.2% after UBS downgraded to Sell, even as a U.S. court awarded $4.5M in a piracy case. Digital sales momentum is the key test.
Microsoft's $134B Surge Tests Copilot's Usage-Based Billing Model
Microsoft's stock surged 3.6% to $516.02 after launching a revamped Copilot, adding $134B to its market cap. The new usage-based billing model is now under investor scrutiny.
Manchester City's Abu Dhabi Realty Push Faces Scrutiny Over $8B Valuation
Manchester City's revenue dipped 2.9% in FY2025, and its Abu Dhabi real estate project highlights a gap between parent CFG's $8B valuation claim and independent estimates of €5.102B.
Winning Over Wealth: Sports Owners Prioritize Trophies, Says Rubenstein
David Rubenstein says sports owners prioritize winning over profit. Listed teams like BATRK, MSGS, and MANU trade at rich multiples but show mixed cash generation.