Company aims to boost liquidity and pay for rising programming costs. Investors continue to buy its debt, expecting growth in subscriber base to eventually turn cash flows positive.
Opinion from former managing director and head of financial market research at AQR Capital Management: Public pensions can no longer kick the can down the road.
2017 improvements to pension plans' funded status, as well as early-2018 volatility, has implications for companies' pension funding strategy this year.
In addition to potentially embarrassing companies that report gargantuan wage gaps, advocates for disclosure say that pay transparency will embolden employees to demand higher wages.