Halister News

(Bloomberg) -- Management’s ability to execute is a concern following a disappointing 1H, CreditSights analysts led by Mary Pollock write in note. Televisa’s ad revenue trends didn’t improve as expected during 2Q17. Shares in New York fell 1.2%.

• CreditSights cuts view on bonds to market perform from outperform, seeing "limited scope" for spreads to compress anymore
• NOTE: July 11, Televisa Mulls New Ad Pricing Strategy as Sales Slump Again
• NOTE: July 11, Ad Slide Takes Bite Out of Televisa as Cable Rebounds: BI
• Expecting more growth from Cable and Sky, which may offset declines in ad revenue if Televisa can’t turn around Content segment soon
• Co.’s diversification across media formats is "key source" of support for lenders
• Potential for peso weakness and M&A risk "should not be disregarded" and could lead to volatility in spreads, Pollock writes

To contact the reporter on this story: Michelle F. Davis in Mexico City at mdavis194@bloomberg.net To contact the editors responsible for this story: Arie Shapira at ashapira3@bloomberg.net Christiana Sciaudone

U.S. appeals court blocks release of HSBC money laundering report reut.rs/2uiuQLL
Reuters Business @ReutersBiz
Sent With: SocialFlow
Original tweet on Twitter.com found here.

Twitter profile information as of July 12, 2017 Description: Top business news around the world. Join us @Reuters, @breakingviews, @ReutersGMF Tweets: 122,678  Following: 234  Followers: 1,906,464  Tweeting Since: 6/13/2008  Twitter Verified

(Bloomberg) -- Bank of Canada seen lifting overnight lending rate to 0.75% from 0.50% (forecast range 0.5%-0.75%).

• Would be first rate action since quarter-point cut to 0.50% on July 15, 2015
• See also:
  • Poloz Rate Hike No Threat to Consumer Debt
  • Outlook Underscores the Need for Rate Hike: BI