Latest News and Media
Bloomberg Linea
23 Feb 2026
Alexandre Dray: From Chapter 11 to recovery: Latam gains scale, reduces debt and outperforms rivals on the stock market
"While upside potential seems limited at these levels, we believe the bond still offers an interesting carry," said Alexandre Dray, head of emerging markets research at Gimme Credit, adding that the bond rates the stock as an above-average performerread more
Bloomberg
23 Feb 2026
Alexandre Dray: Out of Bankruptcy, Latam Soars 76% and Dominates Rival Airlines
“While upside potential appears limited at these levels, we believe the bond still offers a decent carry,” said Alexandre Dray, director of emerging markets research at Gimme Credit, adding that his firm rates the notes as outperformread more
The U.S. Sun
17 Feb 2026
Evan Mann: Kohl’s follows Target with new ‘Deal Bar’ section to all 1,153 stores – everything is under $10
Gimme Credit Senior Bond Analyst Evan Mann wrote that Kohl’s needs to target lower-spending shoppers.
He said: “While the department store retailer’s turnaround efforts seem to be benefiting results in the near term, we remain concerned about middle-to-low-income consumer’s constrained discretionary spending as well as declining department store traffic trends over the longer term.”
Mann claimedread more
Retail Dive
17 Feb 2026
Evan Mann: Kohl’s launches ‘Deal Bar’ in all stores
But in the meantime, Kohl’s consumers have been increasingly under pressure financially, according to Gimme Credit Senior Bond Analyst Evan Mann.
“While the department store retailer’s turnaround efforts seem to be benefiting results in the near term, we remain concerned about middle-to-low-income consumer’s constrained discretionary spending as well as declining department store traffic trendsread more
Gambling News
16 Feb 2026
Kim Noland: Mohegan Tribe Backs Crackdown on Prediction Markets
“Analyst Kim Noland of Gimme Credit noted that core properties continue to face challenges. Domestic resort revenue fell 3.9% to $300 million, driven by fewer arena events and tough comparisons to the prior yearread more
Hartford Business Journal
13 Feb 2026
Kim Noland: Mohegan warns of prediction market threat amid tepid 1Q financial results
Kim Noland, a high-yield analyst at Gimme Credit who covers Mohegan, said the company’s core properties continue to face performance pressures.
“The company’s flagship Mohegan Sun Connecticut and the Poconos Pennsylvania casino both continue to report lackluster operations in the first fiscal quarter,” Noland wrote in a research note, characterizing the quarter’s results as “uninspiringread more
IFR News
9 Feb 2026
Dave Novosel: AI jitters fail to stymie Alphabet’s US$20bn bond binge
“Considering that the company may spend as much as US$185bn on capital expenditures this year, it is possible that free cash flow could be negative, a scenario unimaginable a couple of years ago,” Dave Novosel, a senior analyst at research Gimme Credit, said on Monday.
“The company has extremely low leverage and accelerating revenue growth, suggesting the deal will be well received by investorsread more
IFR News
2 Feb 2026
Dave Novosel: Oracle returns with another jumbo bond to fund AI expansion
“We suspect Oracle will need to offer some very generous spreads to get this deal done because of its size, the recent weakness in the trading levels of existing bonds, the poor performance of the stock, and the huge increase in debt, recently and prospectively,” said Dave Novosel, a senior bond analyst at Gimme Creditread more
Techstock2
29 Jan 2026
Kim Noland: Carnival (CCL) stock price jumps as Royal Caribbean’s upbeat outlook lifts cruise shares
At the same time, Kim Noland of Gimme Credit highlighted “a winning combination of affordable packages to popular destinations” that’s held steady despite ongoing uncertainty. (Reutersread more
IFR News
27 Jan 2026
Jay Cushing: United Airlines lands rare junk bond with eye on IG status
“[United's] profitability now sits near the top of the industry,” Jay Cushing, a senior bond analyst at Gimme Credit, said on Monday.
“The fundamental outlook for 2026 appears relatively constructive after tariff noise and government shutdown headwinds pushed operating profits modestly lower in 2025.”
“United still has a relatively high percentage of secured debt in its capital structureread more
Bloomberg
27 Jan 2026
Jay Cushing: FedEx Freight Sells $3.7 Billion of Bonds Ahead of Spinoff
" As for FedEx, “proceeds from the note offering will only partially offset FDX creditors for the lost profitability and diversification from the spin,” according to a Gimme Credit note published Tuesdayread more
Bloomberg
27 Jan 2026
Kim Noland: Analysts say locals casino companies are strong, will outperform Strip properties
Noland believes Trump’s economic plan will work favorably for locals customers. “Administration tax policies on tips, overtime and a senior citizen tax deduction will continue to assist the company’s core customers in the locals market,” she wroteread more
World Financial News
22 Jan 2026
Franck Bekaert: Copper and cocoa: the new geography of power
“Many of the world’s major copper mines are aging, and the average copper content (ore grade) is declining, meaning that more rock must be processed to extract the same amount of copper,” Franck Bekaert, senior emerging markets analyst at Gimme Credit, highlighted. “Additionally, permit delays and ecological constraints are hindering the launch of new projects, which is driving up costs. To meetread more
Yahoo Finance
22 Jan 2026
Dave Novosel: Paramount extends deadline for Warner Bros. offer, which company calls 'inferior scheme' amid Netflix deal
"We would not be surprised to see Paramount raise its offer because it has a much greater need for WBD than does Netflix. Moreover, a higher bid may be necessary to sway WBD shareholders," Dave Novosel, senior bond analyst at Gimme Credit, told Yahoo Financeread more
The Atlanta Journal Constitution
21 Jan 2026
Dave Novosel: How profitable is CNN? New filing shares details for first time in years.
Still, the year-over-year decline is not massive, Dave Novosel, a senior analyst with bond research firm Gimme Credit. “It shows that even though (WBD) is saying this is a declining business, it’s maybe not to the degree that others expected,” Novosel saidread more
OraFinanza
14 Jan 2026
Dave Novosel: Netflix accelerates on the acquisition of Warner Bros: a cash offer ready
Gimme Credit downgraded Netflix’s debt to “Underperform” due to the impact of the acquisition, despite the A rating from Moody’s and S&Pread more
Hartford Business Journal
9 Jan 2026
Kim Noland: Mohegan discloses loss of South Korea casino to Bain Capital
The takeover followed Mohegan’s default on the project’s $275 million loan after visitation came in far below projections, according to Kim Noland, an analyst with Gimme Creditread more
Houston Business Journal
7 Jan 2026
TL Tsang: Report: Chevron and Quantum could team up for bid on $22 billion of international assets
TL Tsang, senior bond analyst at Gimme Credit, said in a note that Chevron could be interested in Lukoil’s 5% interest in Kazakhstan’s Tengiz oil field, where Chevron serves as the operator. Tsang said Chevron could have the capacity to spend up to $15 billion for its share of the assets without materially affecting its credit profileread more
IDN Times
7 Jan 2026
Jay Cushing: Warren Buffett: Airline Industry Stocks Are a Trap for Investors
Jay Cushing, senior bond analyst at Gimme Credit, added that the sector has long been known to be vulnerable to external shocks that are difficult to control.
Cushing added that the industry is highly regulated and union-intensive, resulting in limited management flexibility and increased operational costs. In addition, airlines must continue to pour large funds into aircraft purchasesread more
Seeking Alpha
6 Jan 2026
Kim Noland: Rising aluminum can usage supports Crown results, credit report say
The report, authored by Kim Noland, said Crown’s (CCK) recent performance has been supported by higher can usage across soft drinks, beer, and seltzers, particularly in Europe, where recycling considerations have reinforced aluminum’s appealread more
GO Banking Rates
2 Jan 2026
Jay Cushing: Warren Buffett: Why You Should Never Invest in Airline Stocks
Jay Cushing, the senior bond analyst at Gimme Credit, acknowledged that investing in the airline industry has long been considered a risky proposition.
“Over the years, airlines have been repeatedly hit with a wide range of uncontrollable external shocks that have made the sector especially difficult for investors to navigate,” he explained.
Cushing shared that oil price spikes can quickly hurtread more
Forbes
31 Dec 2025
Gimme Credit Cited: The Emotional Stamina Women In Executives Roles Will Need In 2026
Jodi Lin Gresham, Chief Communications Officer at Gimme Credit, framed recovery as a duty, not indulgence. “Those who rely on you need you at your best. Recovery is not optionalread more
Techstock2
27 Dec 2025
Stu Novick: Oracle Stock (NYSE: ORCL) Heads Into Year-End With AI Capex in Focus: Latest Price, News, Forecasts, and What to Watch Before Monday’s Open
Credit analysts cited by Reuters also framed the bond volatility as pressure rather than panic—Gimme Credit’s Stu Novick pointed to “selling pressure,” while Chilton Trust’s Tim Horan suggested it looked more like a “bump in the road” than a systemic breakread more
Barron's
24 Dec 2025
Dave Novosel: 2025 Changed the Media Business. Next Year Could Be Even More Turbulent.
“What Paramount needs is scale,” Gimme Credit analyst Dave Novosel told Barron’s. “They’re never going to be the size of a Netflix, a Prime Video, a Disney, on their own.”
Wall Street is watching closely to see how this all plays out. Netflix needs shareholder and regulatory approval to get Warner Bros., which won’t be easy. If that happens, Novosel says, Paramount will have to look for otherread more
Reuters
19 Dec 2025
Kim Noland: Carnival Corp sees strong annual profit, resumes dividend as bookings rise
"CCL's winning combination of affordable packages to popular destinations has withstood consumer health and economic uncertainty over the past few months," said Kim Noland, analyst with Gimme Creditread more
The New York Times
18 Dec 2025
Dave Novosel: Why the Affordability Crisis Is Likely to Stalk Trump
The markets are overreacting, says Dave Novosel, a senior analyst at Gimme Credit, a ratings firm. Oracle’s business operation is profitable enough, he says, to cushion any blow from an A.I.-driven cash burn. “When you see negative free cash flow of $20 billion, that’s a cause for concern,” Novosel told DealBook. “That’s a red flag. And I saw the red flag, too. But as I analyzed it, I said, ‘Theyread more
Barron's
15 Dec 2025
Dave Novosel: Oracle Is Getting Hammered Over AI Spending. It’s Time for a Second Look.
Gimme Credit analyst Dave Novosel thinks some of that concern could be misplaced.
“Management again emphasized that virtually all of the spending is going toward equipment for the data centers, as opposed to land, buildings, or power,” he said in a note published Monday. “Furthermore, that equipment is purchased very late in the data center production cycle. As a result, the gap between spendingread more
MarketWatch
15 Dec 2025
Dave Novosel: Why Oracle’s stock — and its bonds — can’t shake off AI spending fears
Although analyst Dave Novosel of Gimme Credit is retaining his outperform rating on Oracle’s debt, he acknowledged in a Monday note that there is a “considerable amount of risk surrounding the future
revenue garnered from today’s capital spending.” He estimated that Oracle could have negative free cash flow of $21 billion by the end of the fiscal year in May.
However, Novosel is optimistic thatread more
Techstock2
14 Dec 2025
Dave Novosel: Netflix Stock (NFLX): What to Know Before the US Market Opens on Dec. 15, 2025
Barron’s reported that Gimme Credit downgraded Netflix’s debt to “Underperform,” warning that the acquisition could lift leverage to more than 4x EBITDA, above typical investment-grade comfort levels, even as the company generates substantial free cash flowread more
The New York Times
12 Dec 2025
Dave Novosel: Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.
“Netflix has been growing tremendously on its own and the price is huge,” Dave Novosel, a senior analyst at Gimme Credit said, expressing concern about the amount of debt Netflix is tacking on to pursue the deal.
Mr. Novosel downgraded his recommendation on Netflix’s debt to underperformread more
Reuters
10 Dec 2025
Dave Novosel: LIVE MARKETS Stocks mixed, tech weakens before expected Fed rate cut
GIMME CREDIT FLAGS BIG DEBT RISKS IN NETFLIX'S WARNER BROS DISCOVERY DEALread more
Techstock2
10 Dec 2025
Dave Novosel: Netflix Stock After Hours on December 9, 2025: Warner Bros. Deal Shock, Wall Street Downgrades and What to Watch Before the December 10 Open
On the debt side, a Barron’s‑highlighted report from credit‑research firm Gimme Credit raised red flags
Gimme Credit downgraded Netflix’s bonds to “Underperform”, warning that the higher leverage could put pressure on Netflix’s single‑A credit ratings at Moody’s and S&P, especially if a bidding war pushes the final price even higher.
Given Gimme Credit’s warning that the Warner deal could pushread more
Business Insider
9 Dec 2025
Dave Novosel: Netflix Ignores History’s Warning as Analyst Fears Warner Deal Will Become One of Many ‘Failed Marriages’ in Media Mergers
Gimme Credit analyst Dave Novosel wrote that the acquisition’s immediate impact is “decidedly negative.” He also raised concerns about management’s priorities. Novosel noted that while the company should produce free cash flow of $9 billion per year or better, management said that while it will prioritize de-leveraging, it will “still pursue share repurchases.”
The debt burden creates significantread more
AfroTech
9 Dec 2025
Dave Novosel: What Netflix’s Pending $72B Acquisition Of Warner Bros. Could Mean For AI And Video Technology
Dave Novosel, a senior bond analyst at Gimme Credit, noted that Netflix will assume nearly $11 billion in debt and pay a high EBITDA multiple of over 25 times, per Fortune. According to the outlet, Barclays analysts also remarked on the size of the investment, saying they were surprised Netflix would spend more than $80 billion — and pay a premium — for an industry it had already disrupted. Theyread more
Barron's
9 Dec 2025
Dave Novosel: Netflix Debt Gets a Thumbs Down. The Warner Deal Math Is Worrying the Market.
The bond-research company Gimme Credit lowered its recommendation on Netflix’s debt to Underperform.
Netflix is stretching itself with its planned acquisition of Warner Bros. Discovery, analysts at Gimme Credit say. The independent corporate-bond research firm lowered its recommendation on the streaming platform’s debt to Underperform on Tuesday.
“Considering that the company should produce freeread more
Cincinnati Business Courier
8 Dec 2025
Carol Levenson: Kroger paying Ocado $350M to close automated fulfillment centers
“The implication is that every center Kroger decides to close will result in similar cash payouts,” Carol Levenson, director of research at Tarrytown, N.Y.-based bond analysis firm Gimme Credit, wrote in a research report. “This takes some of the blush off the $400 million improvement in e-commerce profitability in 2026 promised from the evolved hybrid fulfillment model (i.e., swinging from lossread more
Bangkok Biz News
8 Dec 2025
Dave Novosel: Keep an eye on the Netflix deal that will 'change the game' for global media. This battle isn't over yet, and it also has to overcome political obstacles.
While it opens new waters for Netflix , Dave Novosel, senior debt analyst at Gimme Credit, said the deal is also "pricey," with Netflix having to assume nearly $11 billion of Warner Bros. debt.
"Despite the significant amount of valuable content at Warner Bros., Netflix is paying an EBITDA multiple of over 25, which is prohibitively expensive," Novosel said, adding that if Netflix can achieveread more
Globes Israel
7 Dec 2025
Dave Novosel: Netflix's giant acquisition: Market concerns, the big competitor, and how it will work
Dave Novosel, a senior analyst at Gimme Credit, told Fortune that the deal seemed expensive to him, especially considering that Netflix is now taking on nearly $11 billion in debtread more
International Financing Review
5 Dec 2025
Dave Novosel: US$59bn Netflix bridge loan sets stage for blockbuster year ahead
“The huge amount of debt that Netflix will need to raise to fund the deal will take leverage to well more than 4x initially,” said Dave Novosel, a senior US investment-grade analyst at Gimme Credit. “Synergies and Ebitda growth should shave that figure over time, although the timeframe is uncertain so investors may need to be patientread more
Fortune
5 Dec 2025
Dave Novosel: Top analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘death of Hollywood’ at all. It’s really about Google
In a statement emailed to Fortune, Dave Novosel, a Gimme Credit senior bond analyst, said the deal looks expensive to him as well, with Netflix assuming nearly $11 billion of debt.
“While the WBD assets bring an amazing amount of attractive content, NFLX is paying a steep Ebitda multiple of more than 25x, which seems extravagant,” Novosel wrote. Once it reaches the advertised synergies, he addedread more
Barron's
5 Dec 2025
Dave Novosel: The Netflix and Warner Bros. Deal Is Far From a Sure Thing
Gimme Credit Senior Bond Analyst Dave Novosel said Netflix faces “ample competition not only from other streamers but other sources of content such as TikTok, X, Instagram, etcread more
The Daily Overview
4 Dec 2025
Dave Novosel: Oracle stock plunged 28% last month. Are AI jitters real?
Analyst Dave Novosel at Gimme Credit has flagged the company’s long‑dated borrowings as “unusual” for a technology company, arguing that these long maturities lock Oracle into a capital structure that could become a burden if the AI cycle turns, a concern that has helped fuel the view that Oracle might be the riskiest AI stock in the current marketread more
The Motley Fool
30 Nov 2025
Dave Novosel: Oracle Might Be the Riskiest AI Stock as Bubble Fears Grow
Analyst Dave Novosel at Gimme Credit called the long maturities "unusual" for a technology company, since the tech industry changes so rapidlyread more
Barron's
26 Nov 2025
Dave Novosel: Nvidia Gets Vocal as Rivals Close the Gap. That Isn’t Not Always a Good Sign.
The company will likely generate $93 billion in free cash flow this year, according to Gimme Credit’s Dave Novosel, with a comfortable enough cushion on its balance sheet to buy back $50 billion in stock if it wanted toread more