The U.S. cable sector has become more prone to suffering...
The U.S. cable sector has become more prone to suffering from downturns in the economy and is reaching maturity, Standard & Poor’s said in a report on the sector. “Although weaker growth in the cable industry over the past few…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
years may reflect the anemic economic growth in the U.S., the maturity of the industry makes it tough to determine how much of the slowdown resulted from the economy and how much simply reflects a maturity industry,” analyst Naveen Sarma said. And the industry’s recent moves to return cash to shareholders through dividends and stock buybacks could limit their credit profiles, Standard & Poor’s said.