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ANA Holdings announced that it has reached an agreement with The Boeing Company to convert two orders for the Boeing 777-9 aircraft to Boeing 777-8F cargo aircraft, and finalized its existing purchase agreement for 30 Boeing 737-8 aircraft. "The announcement reflects ANA Holding's plan to further expand its cargo business through securing large freighters and to replace the domestic fleet's smaller planes with more fuel-efficient aircraft that will serve as the foundation for future growth," reads the release. At a meeting of the board of directors held on July 11, 2022, ANA Holdings decided to convert two of the 20 Boeing 777-9 aircraft that had been initially announced on March 27, 2014, with Boeing 777-8F cargo aircraft. The aircraft will be introduced into service on/after fiscal 2028. The release notes, "The Boeing 777-8F is a state-of-the-art freighter that has the largest cargo capacity of any twin-engine aircraft, and has reduced CO2 emissions and operational costs that uses less fuel per tonne." | forward | www.stattimes.com | https://www.stattimes.com/air-cargo/ana-converts-orders-for-two-of-20-boeing-777-9-to-b777-8-freighters-1345916 |
As we already reported the budget smartphone is powered by Android 2.3 Gingerbread and features an intriguing UI called Moto Switch. The Moto Switch user interface looks very much like the BLUR UI, which confirms Motorola's plans to replace its proprietary UI name. Furthermore, Motorola FIRE is equipped with a low-performance 600 MHz Qualcomm MSM7227-1 processor, complemented by an Adreno 200 GPU. Motorola FIRE has a sleek, candybar design and comes with 2.8-inch QVGA capacitive touchscreen display with 262k colors support and 240 x 320 pixels resolution. | not-forward | news.softpedia.com | https://news.softpedia.com/news/Motorola-FIRE-Officially-Introduced-in-the-UK-218335.shtml |
The idea of an electric scooter could be there at first glance, but it's hard to believe Yamaha would use a virtual launch for just that product. It is worth mentioning that the Instagram image features the Yamaha Racing emblem. This makes us wonder if the virtual event will feature fresh and exciting colour options for Yamaha's sports bike. There has been no official word on whether this is a brand-new motorcycle or one of their sporty scooters. | forward | www.autox.com | https://www.autox.com/news/bike-news/yamaha-readies-surprise-launch-announcement-for-india-on-january-9-heres-what-to-expect-115781 |
Gaia's Smart Feedback System takes user input and sends it to the cloud through the cellular network. A secure cloud application collects and analyzes this feedback to produce statistics for each node on the network. This data can identify problems in real time and be used for incentive-based payment schemes based on user feedback. The system is designed around ST's STM32 microcontroller technology that acts as the brain of the system and uses a range of other ST components for power management, battery charging, and data storage. "Our mission at ST is to encourage and support the start-up ecosystem and this collaboration with Gaia is an example of fostering innovation to create real value," said Vivek Sharma, Managing Director India, STMicroelectronics. | not-forward | timestech.in | https://timestech.in/stmicroelectronics-collaborates-with-gaia-to-advance-clean-india-mission |
To try and grow its audience and improve engagement, Twitter Inc (NYSE:TWTR) has introduced a new mobile web experience that minimizes data usage and is optimized for speed. Although the feature may not make much of an impact for most users in the United States, it could boost Twitter's popularity in emerging markets such as India where data is still limited. For more reading, check out ' 10 Countries where Both Twitter and Facebook are Shrinking '. | not-forward | www.insidermonkey.com | https://www.insidermonkey.com/blog/twitter-inc-twtr-introduces-a-new-feature-to-try-and-revive-growth-571877 |
Less than a week after VMware Inc. introduced a new iteration of its management platform for hyperconverged appliances, Nutanix Inc. is firing back with the announcement of an equally major software update that ups the ante on automation. The biggest changes are coming to its homegrown hypervisor included in its rivaling gear, which aims to win over customers of the virtualization giant with the promise of lower licensing costs and straightforward deployment. | not-forward | siliconangle.com | https://siliconangle.com/2016/02/16/nutanix-supercharges-its-hyperconverged-stack-with-one-click-automation |
Also, HDFC Bank announced the relaunch of three cards. "HDFC Bank's Millennia, MoneyBack+ and Freedom cards have been reinvented to put more power into the hands of the customers, by adding a host of new features and benefits. Creating and co-creating new card products is part of the Bank's strategy to straddle every customer segment; be it for Bharat or India," the bank said. | forward | officenewz.com | https://officenewz.com/2021/09/30/hdfc-bank-issues-record-high-of-over-4-lakh-cards-post-embargo-bank |
With over 100,000 terminals at sea, it has been safeguarding the lives of mariners for over 30 years. However, like safety, innovation is central to Inmarsat's identity, and the company has also spearheaded steps to bring distress communication services into the digital era of shipping. Marking a turning point for the way satellite communications ensure the preservation of life at sea, Inmarsat's forthcoming maritime safety service, Fleet Safety, will offer unmatched speed and reliability, advanced functionality, and an intuitive user interface. Since there can be no shortcuts in developing a solution dedicated to the protection of seafarers, Fleet Safety has been several years in the making. Planning began in 2015, and the IMO granted GMDSS approval in 2018. With its launch now imminent, Fleet Safety has passed initial sea trials and is in the process of securing wheelmark certification. | forward | cyprusshippingnews.com | https://cyprusshippingnews.com/2022/05/26/fleet-safety-to-modernise-maritime-distress-communication |
Due to the increase in product launches and FDA approvals across the North American region, there will be a surge observed in the coronary angiography devices market. Various other technological advancements such as improved image quality and lesser radiation exposure have also increased the adoption of coronary angiography devices in the market, thereby driving the coronary angiography market. Coronary Angiography Devices Market Key Players: Some of the key market players operating in the coronary angiography devices market include Terumo Medical Corporation, Boston Scientific Corporation, Canon Medical Systems, Braun Melsungen AG, Angiodynamics, Abbott Vascular (Abbott Laboratories), Toshiba Medical Systems Corporation, Royal Philips Electronics, GE Healthcare, Medtronic, Inc., Shimadzu Corporation, Siemens Healthcare, Cordis (A Cardinal Health Company), Translumina, Merit Medical Systems and others. | forward | www.giiresearch.com | https://www.giiresearch.com/report/del1439253-coronary-angiography-devices-market-insights.html |
UPDATE : I have posted a more in-depth analysis of the new NVIDIA G-Sync technology:. Thanks for reading!! UPDATE 2 : ASUS has announced the G-Sync enabled version of the VG248QE will be priced at $399. During a gaming event being held in Montreal, NVIDIA unveield a new technology for GeForce gamers that the company is hoping will revolutionize the PC and displays. Called NVIDIA G-Sync, this new feature will combine changes to the graphics driver as well as change to the monitor to alter the way refresh rates and Vsync have worked for decades. With standard LCD monitors gamers are forced to choose between a tear-free experience by enabling Vsync or playing a game with the substantial visual anomolies in order to get the best and most efficient frame rates. G-Sync changes that by allowing a monitor to display refresh rates other than 60 Hz, 120 Hz or 144 Hz, etc. without the horizontal tearing normally associated with turning off Vsync. | not-forward | pcper.com | https://pcper.com/2013/10/nvidia-announces-g-sync-variable-refresh-rate-monitor-technology |
In addition to routine maintenance and technical overhaul, the Explorer of the Seas received new waterslides during its recent stay at the Navantia shipyard. Named "The Perfect Storm," the pair of slides were added to the ship's 13th deck on an area previously occupied by sun loungers. The drydock work scope also included hotel upkeep, as well as minor upgrades and class work. As the second ship in Royal Caribbean International's Voyager Class, the Explorer of the Seas originally entered service in 2000. With capacity for 3,100 guests, the Explorer was also one of the first ships to offer the Royal Promenade, Royal Caribbean's trademark indoor boulevard surrounded by shops, bars, and restaurants. In 2015, the ship underwent a major refurbishment that added new features, such as the FlowRider surf simulator and a 3-D movie theater. | not-forward | cruiseindustrynews.com | https://cruiseindustrynews.com/cruise-news/2023/03/royal-caribbeans-explorer-of-the-seas-resumes-service-following-drydock |
AMSTERDAM, Nov. 30, 2015 /PRNewswire/ -- Royal Philips (NYSE: PHG AEX: PHIA) today introduced ScanWise Implant, the industry's first MRI guided user interface and automatic scan parameter selection to help simplify the scanning of patients with MR Conditional implants, such as knee and hip replacements, spine implants and pacemakers, at the 2015 Radiological Society of North America Annual Meeting (RSNA). The new software helps users streamline exams and supports diagnostic confidence of this growing patient population. ScanWise Implant adds to Philips' suite of diagnostic imaging solutions designed to support healthcare professionals' first-time-right imaging, helping to improve hospital workflow, diagnostic confidence and, ultimately, patient experience. | not-forward | www.newswire.ca | http://www.newswire.ca/news-releases/philips-unveils-industrys-first-mri-guided-user-interface-to-simplify-the-imaging-of-growing-patient-population-with-mr-conditional-implants-at-rsna-2015-558809241.html |
Tesla has not even released teaser images of the cabin, but the American automaker will surely plonk its gimmicks, as well as the customer interest-inducing features in the Model Y. It will be a tech-savvy's playground, to say the least. We expect the Model Y to be offered with features like a huge touchscreen, Autopilot (probably as optional package), Autopark, and over-the-air software updates, to name a few. Not to mention, a lot of Model 3 features will be seen in here as well. | forward | www.topspeed.com | https://www.topspeed.com/cars/everything-we-know-about-the-2020-tesla-model-y-ar184898.html |
"The new fixed mount makes for a cleaner helm while incorporating great radio features like Class D DSC, active noise cancelling and Icom's new intuitive soft-key user interface." Icom's latest marine transceiver is ideal for owners of small boats and shipbuilders searching for a space saving black box solution. The M400BB radio can be firmly screwed down to ship structure and hidden behind a console or wall. Complete access to all communications and Class D DSC functions are controlled remotely from Icom's COMMANDMICIV ™. Although compact in size, the M400BB possesses the same robust functionality found in Icom's M424 VHF fixed mount released in Spring 2012. Class D DSC such as position and polling requests/reporting, and distress and test calls. Active noise cancelling, a 10W loudspeaker and public address (PA) are built in for optimal audio performance. | not-forward | professionalmariner.com | https://professionalmariner.com/icom-america-introduces-ic-m400mb-vhf-marine-black-box-fixed-mount-with-class-d-dsc |
The driver also supports NVIDIA's newest GeForce Experience beta feature, Freestyle. Available on or before launch day, NVIDIA Game Ready Drivers provide the best experience for GeForce gamers. And as an additional verification of quality, every Game Ready Driver is WHQL-certified by Microsoft. Another important aspect of NVIDIA Game Ready drivers is that at they are often used as a delivery mechanism to add new features for our GeForce users. This Game Ready driver adds ShadowPlay Highlights support for Fortnite Battle Royale as well as support for the initial beta version of NVIDIA Freestyle. ShadowPlay Highlights automatically captures your greatest gaming achievements in video and screenshot. Integrated directly with the game, it knows precisely when that magic moment will happen, whether a boss fight or killing spree and automatically records it using ShadowPlay technology. | not-forward | cfotech.asia | https://cfotech.asia/story/invidia-releases-special-game-driver-help-optimise-fortnite |
John Deere added an on-board grade indication option to its large-frame G-Series skid-steers (330G and 332G) and the large-frame G-Series compact track loaders (331G and 333G) Photo: John Deere Available as a factory or field kit option, this new feature is ideal for job sites that involve leveling and slope work, according to John Deere. "Our industry-exclusive on-board grade indication was designed to be an indispensable unit for applications like water drainage, general site prep and clearing work, allowing operators to accurately monitor and alter grades from the seat of the cab," said Gregg Zupancic, product marketing manager, skid-steers and compact track loaders for John Deere Construction & Forestry. "This feature is intuitive and easy to use so operators can take advantage of this technology without specialized training." | not-forward | www.landscapemanagement.net | https://www.landscapemanagement.net/deere-adds-on-board-grade-indication-to-g-series-skid-steers-ctls |
Maruti Alto K10 was offered with a 1.0L 3-cylinder K10B petrol engine which generated maximum power output of 67bhp and peak torque performance of 90Nm, while mated to a 5-speed manual and AMT gearbox options. It was also available in CNG fuel trim. The reason behind not upgrading the Alto K10 seems to be allowing the S-Presso a free run in the small hatchback segment. The company had launched the Alto K10 nearly a decade back in 2010 as a stylish and advanced alternative to the regular Alto hatch. It was equipped with a more powerful engine, new features and upmarket styling. Maruti introduced the facelifted version of the hatch in 2014 with AMT gearbox option while nearly five years later, it gave the hatch plenty of safety updates. | not-forward | droom.in | https://droom.in/auto-news/official-maruti-alto-k10-discontinued-in-india?amp=1 |
Ubisoft's action game 'Assassin's Creed: Shadows,' set in Japan during the Warring States period, has announced that a Mac version will be released on November 15, 2024. | forward | gigazine.net | https://gigazine.net/gsc_news/en/20240611-apple-macos-sequoia-wwdc24 |
As iDrop News noted in our exclusive review of Apple's latest 10.5-inch iPad Pro, the company's next-generation software for iPhone, iPad, and iPod Touch devices will contain a bounty of new features and advancements — several of which have been designed specifically to help maximize the iPad's user experience. | forward | www.idropnews.com | https://www.idropnews.com/news/apples-new-video-series-highlights-ios-11-ipad/47471 |
When I last wrote about HOOD stock in August, I noted that Robinhood had already shown that it knows very well how to attract millennials. I cited Cestrian Capital Research, which stated in an Aug. 20 column that Robinhood had attracted many millennials with "its simple app and website, modern user interface and focus on accounts with relatively small balances." Robinhood also became popular by allowing investors to buy and sell cryptocurrencies. | not-forward | investorplace.com | https://investorplace.com/2021/12/hood-stock-robinhood-may-be-caught-in-a-vicious-cycle |
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk ( volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet ) -- VeriSign (Nasdaq: VRSN ) hit a new 52-week high Thursday as it is currently trading at $48.79, above its previous 52-week high of $48.48 with 59,580 shares traded as of 9:35 a.m. ET. Average volume has been 2.2 million shares over the past 30 days. VeriSign has a market cap of $7.52 billion and is part of the technology sector and computer software & services industry. Shares are up 35.2% year to date as of the close of trading on Wednesday. VeriSign, Inc. provides Internet infrastructure services to various networks worldwide. | not-forward | www.thestreet.com | https://www.thestreet.com/story/11687783/1/verisign-stock-hits-new-52-week-high-vrsn.html |
NEW YORK ( TheStreet ) -- Shares of PetSmart ( PETM ) are tumbling in pre-market trading on Wednesday, falling 3.1% to $65. Earlier, the specialty retailer received a downgrade from UBS to "neutral" from "buy" with a price target of $72. The investment bank said the rating change was driven by the departure of chief operating officer Joseph O'Leary and difficulty in gaining market share with an already sizable position. Last week, Deutsche Bank downgraded the stock to "sell" from "hold" with a price target of $65, pointing to slower traffic trends and increased competition. TheStreet Ratings team, however, reiterates PETSMART INC as a Buy with a ratings score of A. The team has this to say about their recommendation: "We rate PETSMART INC (PETM) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. | not-forward | www.thestreet.com | https://www.thestreet.com/story/12241126/1/why-petsmart-petm-tumbled-pre-market-wednesday.html |
THE credit ratings agency Moody's is considering a downgrade of Australia's largest mortgage insurer, a move that could knock down the ratings on $2.7 billion of investments. | forward | www.theage.com.au | http://www.theage.com.au/business/mortgage-insurers-problems-in-us-could-spill-over-to-australia-20110215-1av6i.html |
Total revenue was down 1.3% at 54.1 billion yuan. It was Ping An Bank's first revenue decline since it was spun off from China's second-largest insurer, Ping An Insurance Group, through a listing on Shenzhen Stock Exchange in 2013. | not-forward | www.caixinglobal.com | https://www.caixinglobal.com/2017-08-11/ping-an-bank-squeezed-by-default-risks-tighter-regulations-101129317.html |
In January, the credit ratings agency Fitch downgraded TalkTalk another notch to CCC, meaning a default is considered "a real possibility". Attempts to sell the wholesale arm are part of a broader break-up plan. In September, a syndicate of the group's existing shareholders bought its business unit for £95m, and its consumer arm is also expected to be put up for sale. Management have also cut sales and marketing spend by 40pc in a bid to rein in costs. TalkTalk declined to comment. | forward | www.telegraph.co.uk | https://www.telegraph.co.uk/business/2024/05/20/founder-sir-charles-dunstone-prepares-to-bail-out-talktalk |
How has the housing finance system evolved since the crisis and where is it headed? Both a keynote conversation and a policy panel addressed postcrisis developments in housing finance. In the keynote conversation, Atlanta Fed president Raphael Bostic interviewed Freddie Mac chief executive officer Donald Layton. Layton made the point that prior to the crisis, the housing related government-sponsored enterprises (GSEs) "had lots of problems that needed fixing." However, he argued that "almost every one of them [the big weaknesses] has been addressed … in a reasonable way." 2 As one example of a problem that had been addressed, Layton summarized some of the progress that has been made on reducing the GSE's credit risk via the use of CRT (credit risk transfer). In particular, for about the last year, Freddie Mac has put "almost all the catastrophic risk out to investors." | not-forward | www.atlantafed.org | https://www.atlantafed.org/cenfis/publications/notesfromthevault/06-mapping-the-financial-frontier-2019-06-24 |
"Pending further announcements by the company, the rating agency believes that divestments of non-core assets would be difficult to execute in the current environment, particularly at valuations to allow deleveraging from the current level." Moody's downgraded Anglo American to (P) Ba3 from (P) Baa3, and said the outlook on the ratings was negative. The Service added that it does not expect the company to generate enough operating cash flows to deliver substantial organic debt reduction over the next two years. Anglo American announced in December 2015 that it would sell 60% of its assets and cut tens of thousands of jobs to cope with the slump currently being experienced in the sector. | forward | cfo.co.za | https://cfo.co.za/articles/moody-s-downgrades-anglo-american-to-junk |
Economic and Market Volatility: Moody's business is sensitive to fluctuations in the volume of debt securities issued in domestic and global capital markets. Economic downturns, market volatility, and changes in government policies can adversely affect the demand for Moody's services. The company's reliance on transaction-based revenue from credit ratings makes it particularly vulnerable to such market dynamics. | not-forward | finance.yahoo.com | https://finance.yahoo.com/news/decoding-moodys-corporation-mco-strategic-052332215.html |
2. Fallout from Country Garden is spreading to investment-grade names as China's property downturn deepens. Dollar bonds from units of Gemdale Corp. and Seazen Group Ltd. — developers that were also among those chosen to sell state-guaranteed local notes like Country Garden did — accelerated declines last week. Notes issued by Longfor Group Holdings Ltd. and China Vanke Co., two of the country's few private-sector investment grade developers, suffered the same fate. | not-forward | www.sgtreport.com | https://www.sgtreport.com/2023/08/chinas-shadow-bank-crisis-stokes-fear-of-housing-spillover |
Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative. The rating on short-term bank facility has been reaffirmed at A1-plus and the rating on Rs 75 crore NCDs has been withdrawn as the instruments have been fully repaid. The rating actions reflect Crisil's expectation of weakening PVR's business risk profile over the medium term. It was earlier expected that with the resumption of operations in October 2020, the occupancy will improve gradually with the return of content to the multiplexes. However, with the recent spike in COVID-19 cases, recovery in the operating performance of multiplexes will be delayed. Many states have already announced localized lockdowns, night curfews, and restrictions over occupancy levels in cinemas. | not-forward | digpu.com | https://digpu.com/business-and-finance/crisil-downgrades-pvrs-long-term-rating-to-aa-minus |
"The outcome of this assessment could be a near term downgrade of the short- and/or long-term deposit rating or the placing of such rating on credit watch with negative implications." National Australia Bank (NAB) said the demerger of CYBG became effective today, February 2. NAB shareholders will receive 75 per cent of the shares in CYBG with the remainder to be sold in an initial public offering on the London Stock Exchange and the Australian Securities Exchange. The statement from NAB added: "CYBG is expected to have a senior standalone investment grade credit rating. "CYBG does not anticipate any such downgrade to have any material impact on its ability to raise funding, the overall cost of funding, or the financial outlook for CYBG. "A downgrade of the short and/or long-term deposit rating would require Clydesdale Bank to take mitigating actions in relation to its existing secured funding programmes." | forward | www.insider.co.uk | http://www.insider.co.uk/news/clydesdale-bank-float-delayed-amid-9894028 |
As of August 2024, it has traded a total notional volume of EUR 26.7bn. This September, the exchange will expand the asset class further with the USD Corporate Bond index future.What does Eurex offer in Credit Derivatives and what's new?Masi: Eurex launched Credit Index Futures, which are futures on corporate bond indices, in 2021. These products allow investors to take long or short exposure on a Bloomberg fixed income benchmark via a futures contract.We started with EURO Investment Grade index futures and then expanded into EURO High Yield in 2022. In February, we launched GBP Corporate Index futures as well as USD Emerging Market Sovereign Index futures. | forward | www.finanzen.net | https://www.finanzen.net/nachricht/aktien/credit-index-futures-increasing-price-transparency-liquidity-and-capital-efficiency-to-credit-markets-13921815 |
Armed with a cutting-edge competitiveness in the production of parts, Samsung maintained its leadership in the digital market despite strong headwinds and cut-throat competition. Other major companies are due to release their earnings reports in the coming weeks. Hyundai Motor and Kia Motors are expected to do better than expected thanks to a weaker won and cost-saving efforts. Korean companies are demonstrating their resilience and strength even as the global financial market is engrossed with sovereign debt concerns. Such corporate news will likely boost the economy's prospects as corporate performance can determine investors' outlook. The credit crisis in the euro zone stems largely from poor fundamentals, whereas Korea is struggling due to the sudden flight of foreign capital. Confidence in the domestic market could rebound if the better-than-expected earnings reports help the current account surplus as well as economic growth. | forward | koreajoongangdaily.joins.com | https://koreajoongangdaily.joins.com/2011/10/10/editorials/Glean-gains-from-economic-pillars/2942595.html |
Additionally, Wells Fargo must enhance its risk assessments, establish a data integrity program and improve its compliance program. The agreement also restricts Wells Fargo from expanding into new products, services or markets without prior OCC approval until it has adequately addressed the identified deficiencies. | forward | www.pymnts.com | https://www.pymnts.com/bank-regulation/2024/wells-fargo-pledges-to-fix-aml-program-after-occ-agreement |
Both Government Sponsored Enterprises (GSEs), Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) buy and sell mortgage-backed securities, purchase mortgages, and guarantee a great number of mortgages in the U.S. Thanks to the deterioration of the housing market, the damaged state of each enterprise's financial condition, and to avoid placing either or both entities into receivership, these two companies came to public attention when the Federal Housing and Finance Agency (FHFA) placed them into conservatorship on September 6, 2008. This gave the federal government broad control over Fannie Mae and Freddie Mac, and it began working with both enterprise's boards to reduce losses and operational and credit risk and to stabilize the mortgage and housing markets. Fannie Mae and Freddie Mac have since started making money again, and the FHFA has continued to adjust the goals of the conservatorship. | not-forward | www.thedailybeast.com | https://www.thedailybeast.com/the-federal-government-takes-control-of-fannie-mae-and-freddie-mac |
According to the complaint, Morningstar's rating process involved determining key cash flow and valuation amounts for commercial properties and associated loans backing each CMBS transaction, and their model then stressed those amounts to project expected loan losses in different economic environments. The complaint alleged that Morningstar's rating methodologies did describe how its model stressed net cash flow and capitalization rates, for example applying different stresses for different property types and applying different capitalization stresses at each rating category. However, the methodologies did not disclose that analysts were permitted to make "loan-specific" adjustments to the disclosed cash flow and capitalization rate stresses. The complaint alleges that while the adjustments were used both to increase and decrease property cash flow and valuation stresses, the adjustments were "overwhelmingly" used to decrease those stresses, resulting in lower than expected loan losses and materially higher ratings for many classes of the CMBS certificates. | not-forward | www.jdsupra.com | https://www.jdsupra.com/legalnews/sec-brings-action-against-morningstar-6774844 |
Just last month, Atlassian announced that it will acquire enterprise agile planning software provider AgileCraft for $166 million. The acquisition closed early this month. AgileCraft creates software that helps businesses plan for and track strategic projects by providing insight into potential bottlenecks and providing risk assessment. AgileCraft is already tightly integrated into Atlassian's Jira software. For fiscal 2019, the acquisition is expected to add revenue of about $1 million to $2 million. | not-forward | au.finance.yahoo.com | https://au.finance.yahoo.com/amphtml/news/watch-atlassian-reports-earnings-next-131500975.html |
Moody's Ratings (Moody's) has changed the outlook to negative from stable on Georgia's government credit ratings. The agnacy affirmed the local and foreign currency long-term issuer ratings and foreign currency senior unsecured rating at Ba2. | not-forward | bm.ge | https://bm.ge/en/news/moodys-ratings-changes-georgias-outlook-to-negative-from-stable-affirms-the-ba2-rating |
* Moody's - Change in the rating outlook to stable reflects Moody's expectation of weaker revenue growth over the next 12-18 months for Baidu | forward | www.reuters.com | https://www.reuters.com/article/business/moodys-changes-baidus-ratings-outlook-to-stable-and-affirms-a3-ratings-idUSFWN18A0PH |
Rating agency Moody's today said the Rs 20,465 crore tax demand raised on Cairn India is negative for its parent company Vedanta Resources. "The tax dispute comes at a time when Vedanta is already struggling to stave off the effects of weak oil prices. If the liability materialises, Vedanta's credit profile would be weaker than the parameters required by its current rating…" Moody's VP and Senior Credit Officer Alan Greene said. Last week, Income Tax Department has slapped a Rs 20,495 crore tax demand on Cairn India Ltd for allegedly failing to pay taxes on gains made by its former parent (Cairn Energy) in a share transfer transaction about eight years ago. | not-forward | www.financialexpress.com | https://www.financialexpress.com/market/cairns-tax-liability-credit-negative-for-vedanta-moodys/54583 |
The platform includes multiple TCR generation and optimization technologies (e.g., Allogeneic-HLA (Allo-HLA) TCR Priming), as well as product enhancement technologies (e.g., PD1-41BB and CD40L-CD28 Costimulatory Switch Proteins, Precision Pairing) to address challenges in developing effective, durable and safe TCR-T therapies. Partnerships with multiple companies including BioNTech and 2seventy bio, continue to validate the platform's assets and technologies. For more information, please refer to the recent publication by Dolores J. Schendel, published in Frontiers in Oncology, section Molecular and Cellular Oncology: Evolution by Innovation as a Driving Force to Improve TCR-T Therapies. | not-forward | finance.yahoo.com | https://finance.yahoo.com/news/medigene-presents-data-mdg2011-first-160000060.html |
"We expect [BlackBerry 10] to be met with a lukewarm response at best and ultimately likely to fail," Faucette says. Faucette cites the unfamiliar user interface of BlackBerry 10, the lack of compatible accessories and few software applications as key reasons he believes BlackBerry 10 will struggle in the market. As SmartCompany reported yesterday, the BlackBerry platform currently claims around 4.3% of the world smartphone market with 7.7 million units shipped worldwide per quarter, down 34.7% year-on-year from 11.8 million units and 9.5% marketshare. | forward | www.smartcompany.com.au | https://www.smartcompany.com.au/technology/emerging-technology/rim-receives-us-and-canadian-government-security-clearance-for-blackberry-10-but-analyst-says-platform-could-be-dead-on-arrival |
"By partnering with KeepTruckin to add more intelligence into commercial vehicles, we can help these businesses prevent accidents, protect drivers and lower operating costs." The AI Dashcam is connected to the KeepTruckin Vehicle Gateway, which uploads the pre-analyzed data, video and still images to KeepTruckin's cloud-based fleet management software in real-time. The CV22 SoC integrates Ambarella's proven image signal processor, which provides high quality, 1440p resolution HDR videos across all lighting conditions, while utilizing its on-chip H.264/H.265 encoding to reduce transmission bandwidth and storage costs. KeepTruckin can easily upload additional features to the CV22 over time, via over-the-air software updates, to deliver incremental value to clients that invest in the platform. | not-forward | www.globenewswire.com | https://www.globenewswire.com/en/news-release/2021/08/12/2279892/23306/en/Fleet-Management-Technology-Leader-KeepTruckin-Partners-With-Ambarella-on-Next-Generation-AI-Device-for-Front-ADAS-Driver-Monitoring-and-Telematics.html |
Our team tests the accuracy of the navigation of the Mi A1 using the Runtastic Pro app and compares this with the Garmin Edge 500 navigation system. While the Garmin Edge 500 measured a total route of 13.38 kilometers (8.31 miles), the measured route of the Mi A1 was 13.32 kilometers (8.28 miles). For such a long test route, this discrepancy is negligible, so the Xiaomi Mi A1 does very well overall for its price range in this test. | not-forward | www.notebookcheck.net | https://www.notebookcheck.net/Xiaomi-Mi-A1-Smartphone-Review.304242.0.html |
The platform features its own app store, the OpenShift Marketplace, where developers can find solutions for their OpenShift-hosted applications. This marketplace includes third-party apps designed for productivity, database management, email delivery services, messaging queues, performance improvements, and more. It aims to enhance the OpenShift Platform-as-a-Service (PaaS) by connecting service providers with application developers. | not-forward | www.hongkiat.com | https://www.hongkiat.com/blog/top-openshift-marketplace-apps |
Today's announcement broadens Firefly's reach to millions of new users – spanning all experience levels – empowering them to confidently generate content that is designed to be safe for commercial use. Users have already generated over one billion assets on the Firefly website and in Photoshop, making these two of Adobe's most successful beta releases in the company's history. For more than a decade, Adobe has purposefully developed AI innovations to transform its industry-leading creative tools, supercharging everything from initial exploration to ideation and production. The company has continued its creator-focused approach with Firefly as a creative co-pilot. Since its launch in March, Firefly has been integrated into Photoshop, Express and Illustrator, helping customers build their creative confidence by removing the barriers between imagination and blank page, and bringing even more precision, power, speed and ease directly into Creative Cloud applications and workflows. | not-forward | www.businesswire.com | http://www.businesswire.com/news/home/20230712104690/en/Adobe-Firefly-Expands-Globally-Supports-Prompts-in-Over-100-Languages |
Romley has been one of the most anticipated server platforms from Intel in many years. Romley is Intel's codename for the server platform combining the Sandy Bridge-EP CPU and Patsburg Platform Controller Hub chipset. Finally, on March 6, Intel rolled out a major product launch with a focus on the CPU and its official name--the Xeon E5-2600. Designed for cloud, enterprise and high-performance computing (HPC) server applications, the Xeon E5-2600 family of processors effectively replaces the Xeon 5500 and 5600 processors by delivering more processing power, cache, memory addressing and I/O bus bandwidth. The Xeon E5-2600 betters the 5600 by adding two more cores, 8 Mbytes more cache, support for six more DIMMs of faster DDR3-1600 memory (increasing total memory capacity to 768 Gbytes), double the I/O bandwidth with PCIe 3.0, and more Intel QuickPath links between processors. | not-forward | www.networkcomputing.com | https://www.networkcomputing.com/data-centers/intels-romley-you-getting-most-out-xeon-e5-2600 |
The free software upgrade will be available in the fourth quarter, sometime between October and December, starting with Moto Z and G (4th Gen). Other Motorola devices eligible to receive the new Android version are Moto G Plus (4th Gen), G Play (4th Gen), X Pure Edition (3rd Gen), X Style, X Play, X Force, Droid Turbo 2, Maxx 2, Moto Z Droid, Z Force Droid, Z Play and Z Play Droid. | forward | www.ibtimes.co.uk | https://www.ibtimes.co.uk/motorola-announces-list-moto-phones-eligible-android-7-0-nougat-1584889 |
Taken in turn, the reduction in prices of a range of AMD and Nvidia GPUs in the wake of the crypto-crash was well covered in news articles previously. Late last year Nvidia was already attributing the 'crypto hangover' for its financial forecast woes. With a large amount of unsold stocks of mainly mid-range GPUs, Nvidia and AMD (and partners) have had to steadily reduce their pricing to catch customer eyeballs. The availability of these better value graphics cards has prompted consumers to upgrade their desktops rather than do a full system upgrade. Secondly, most people are well aware of the "macroeconomic headwinds," at this time, as people wonder if we are nearing another painful recession, as per 2008, but with nationalist politics 'borders not business' rather than bankers to blame this time around. There was a reduction in GPU pricing? When was this? :-( A crazy increase in pricing for Crypto and then a reduction back down to (still quite) above what was there beforehand is not a reduction; that's still an increase overall. * coughs in 2080Super * excuse me, bad cough there. | not-forward | hexus.net | https://hexus.net/business/news/system-builders/132110-gaming-pcs-laptop-sales-62-per-cent-year-year |
The Fujifilm Instax Wide 400 camera loses the manual Hi Key and Low Key modes found on the Instax ... [+] Wide 300. FUJIFILM | not-forward | www.forbes.com | http://www.forbes.com/sites/paulmonckton/2024/06/17/fujifilm-introduces-new-instax-wide-400-camera-after-ten-year-wait |
Dublin-based and online jewelry company Chupi specializes in solid gold heirloom pieces and a VIP customer experience. The company invested in Zendesk at the onset of the global lockdowns in 2020 to help new employees onboard remotely and quickly adapt to the platform. As the team got to know Zendesk, they turned on new features to meet new trends. For example, live chat became the primary channel to manage one-touch queries, quickly earning the team a 98.6% CSAT rating. | not-forward | diginomica.com | https://diginomica.com/times-economic-downturn-customer-service-even-more-critical-business-growth |
The most feature rich chipset of the three, the Z77, will packs four USB 3.0 ports, two SATA 6Gbps, four SATA 3Gbps connectors and can split the 16 PCI Express lanes available for the CPU into a pair of x8 lanes or into an x8 + x4 + x4 configuration. In related news, a leaked Intel slide has also revealed that not all the 6-series chipsets used for Sandy Bridge will be compatible with Ivy Bridge CPUs as Q67, Q65 and B65 platform controller hubs (PCHs) won't support these new chips. The first motherboards based on the Panther Point chipset are expected to arrive together with Intel's Ivy Bridge processors in March/April of 2012. (via Hardcore-Hardware ) | forward | news.softpedia.com | https://news.softpedia.com/news/Intel-7-Series-Ivy-Bridge-Chipsets-to-Gain-Next-Gen-SRT-Support-228250.shtml |
Switch 2 Editions are fine in concept, and while the idea of paying for an upgrade to the same game on a newer console isn't overly exciting, Nintendo is at least putting in some real work for most of these. In the case of games like The Legend of Zelda: Breath of the Wild and Tears of the Kingdom, those upgrades are even included at no additional cost with the Nintendo Switch Online + Expansion Pack subscription, so that's already a huge plus. And those include higher resolution textures, improved frame rates, and new features in the form of Zelda Notes, which I'm very eager to check out. Environmental storytelling is cool and all, but it will be nice getting more bits of lore from Zelda herself. I'm also very excited for the Switch 2 Edition of Kirby and the Forgotten Land, which has a whole new story campaign. | forward | www.xda-developers.com | https://www.xda-developers.com/reasons-cant-wait-switch-2-not-even-including-new-games |
It has also eliminated barriers to cloud migration plans, enabling the entity to enjoy scalability, flexibility and cost-efficiency benefits. Database consolidation has reduced administrative overheads and effectively addressed operational complexity." Speaking about the high level of support the organization received from Nutanix throughout the engagement, Meshal Alghamdi, Director IT Infrastructure, Royal Commission for Jubail and Yanbu says: "Our experience with Nutanix's customer support and service has been exceptional. The Nutanix team has been highly responsive, providing timely assistance and resolving any issues that have arisen. Their expertise and commitment to customer satisfaction have been instrumental in ensuring a smooth implementation and continued success." Giving insight into the implementation Alghamdi continues: "There was clear consensus among industry experts that Nutanix's distributed architecture and integrated data optimization techniques were unparalleled. | not-forward | en.saudishopper.com.sa | https://en.saudishopper.com.sa/royal-commission-for-jubail-and-yanbu-in-saudi-future-proofs-it-infrastructure-with-nutanix |
Apple's virtual assistant Siri has been updated to help users find accurate information about COVID-19 symptoms and guidance. With this new feature, Siri can provide users with a step-by-step questionnaire to assess their symptoms and direct them to the appropriate resources. | not-forward | funderlyst.com | https://funderlyst.com/blog/rethinking-impact-fuelling-founders-with-investor-insights-2024-edition |
Auto Color was introduced as Auto Tone in Premiere Pro public beta in 2021. • Performance and Workflow Improvements include the ability to show and hide markers by color, a Remix progress indicator for audio clips and improved trim mode playback looping. • New Free Adobe Stock Assets including thousands of HD video footage, motion graphics templates and more, are now available in app to help create videos that stand out. | not-forward | aithority.com | https://aithority.com/it-and-devops/cloud/adobe-introduces-frame-io-for-creative-cloud-and-updates-to-after-effects-and-premiere-pro |
The tool then provides a private estimate to the homeowner. The private "Price This Home" valuation remains separate from the public Zestimate. (Separately, the company this year started offering homeowners the ability to correct facts about their home and see that new information reflected immediately in the Zestimate for their home .) Redfin says its new estimator tool uses an unprecedented amount of data, including comparable home sales and listings, to predict the value of a home within a 2 percent margin of error on homes listed for sale, and 6 percent for homes that are not for sale. Because the company is an online brokerage, Redfin says it has has full access to large amounts of home data from multiple listing services, in contrast with services such as Zillow that aren't brokerages. Zillow's median error across the country is 7.9 percent for the Zestimate. The company says it's too early to derive a margin of error for the new Price This Home feature. | not-forward | www.geekwire.com | https://www.geekwire.com/2015/beyond-the-zestimate-zillow-launches-price-this-home-option-in-feature-war-with-redfin" |
This gives users outstanding multicore performance, but with restrained thermals. Even with the temperature restriction, ASUS MultiCore Enhancement and ASUS Performance Enhancement remain powerful tools for increasing performance. ASUS engineers tested these two MultiCore Enhancement settings with an Intel Core i9-13900K CPU, and they observed that the new setting can reduce CPU temperatures by a full 10°C while offering broadly similar performance. The new mode results in only a 2.8% performance drop compared to the earlier version while offering the significant cooling benefit. This new ASUS MultiCore Enhancement option will be available to users of all overclocking-ready ASUS Z790 motherboards, and the similar ASUS Performance Enhancement option will debut in ASUS H770 and B760 motherboards. Existing owners will be able to access the new feature through a BIOS update. | forward | www.ncnonline.net | https://www.ncnonline.net/asus-announces-new-intel-z790-h770-and-b760-motherboards |
ABOUT GE HEALTHCARE: GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our broad expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, performance improvement and performance solutions services help our customers to deliver better care to more people around the world at a lower cost. In addition, we partner with healthcare leaders, striving to leverage the global policy change necessary to implement a successful shift to sustainable healthcare systems. Our "healthymagination" vision for the future invites the world to join us on our journey as we continuously develop innovations focused on reducing costs, increasing access and improving quality around the world. Headquartered in the United Kingdom, GE Healthcare is a $17 billion unit of General Electric Company (NYSE: GE ). | not-forward | www.prnewswire.com | https://www.prnewswire.com/news-releases/ge-healthcare-presents-interim-data-on-the-impact-of-datscan-ioflupane-i-123-injection-spect-imaging-on-the-diagnosis-and-clinical-management-of-patients-with-clinically-uncertain-parkinsonian-syndrome-119759534.html |
Storware SP. z.o.o Sp.k, a Polish company, developer of an enterprise data backup dedicated to open virtual environments, recently announced vProtect 3.1, code named New Horizons. Among several new features, this new iteration introduces: The release also extends list of supported hypervisors with Proxmox and allows to use simultaneously the multiple backup destinations and different backup retention settings. Citrix users will now be able to use XVA compression. vProtect 3.1 introduces also architecture changes including new DBMS and application server. The company is a challenger to follow in a data protection world dominated by Actifio, Commvault, Dell EMC, IBM, Rubrik, Veeam and Veritas NetBackup,. | not-forward | www.storagenewsletter.com | https://www.storagenewsletter.com/2017/10/19/polish-company-storware-unveils-vprotect-3-1 |
Standard & Poor's plans to update its credit ratings for the world's 30 biggest banks within three weeks and may well mete out a few downgrades in the process, possibly surprising battered global bond markets. Among the institutions that could be downgraded are Bank of America Corp., Citigroup Inc. and Morgan Stanley, said Baylor Lancaster, an analyst at CreditSights Inc. Spokesmen for the three banks declined to comment. Some European banks could also be affected. On Nov. 9, S&P downgraded its scores for the health of the banking industries in a number of countries, including Denmark, Sweden, Finland and the Netherlands. The updates in ratings are part of a major overhaul of S&P's methods for scoring the creditworthiness of some 750 banking groups. The agency, the subject of intense criticism because its positive ratings for mortgage-backed securities played a major role in inflating the housing bubble, has been working on the changes for more than a year. | forward | www.newsmax.com | http://www.newsmax.com/finance/FinanceNews/S-P-Bank-Credit-Ratings/2011/11/18/id/418476 |
1. From coffee to cutting back Where have you gone, Starbucks (NASDAQ:SBUX)? Moody's warned that it may downgrade the company's credit rating last night. The news came a day after Starbucks posted another disappointing quarterly report. | not-forward | www.fool.com | https://www.fool.com/investing/small-cap/2009/01/30/4-stories-to-sink-your-teeth-into.aspx |
Health Industry Lawmakers Press FTC To Examine Optum's Acquisition Of Steward Meanwhile, USC and Emory University's credit ratings are threatened by struggling hospital systems. Also: a widening gap between city, country mortality in Arizona; a security review of Zuckerberg General Hospital in San Francisco; more. Modern Healthcare: Steward-Optum Deal Should Be Scrutinized By FTC: Warren, Markey Federal lawmakers, including Sens. Elizabeth Warren (D-Mass) and Edward Markey (D-Mass), urged the Federal Trade Commission and the Justice Department to heavily scrutinize UnitedHealth Group subsidiary Optum's proposed acquisition of Steward Health Care's physician group and block the deal if it gives UnitedHealth Group too much market power. ... Warren, Markey and others raised concerns the deal would reduce competition in the area and give UnitedHealth Group more of a monopoly in Massachusetts and other states. | forward | kffhealthnews.org | https://kffhealthnews.org/morning-briefing/tuesday-april-9-2024 |
London, March 21,2023: Rating agency Moody's has cut the outlook on UBS Group's debt to negative following its takeover of Credit Suisse, Moody's has affirmed UBS's current credit ratings, but lowered the outlooks on its long term deposit and senior unsecured ratings to negative from stable, The Guardian reported. A negative outlook is an indication that a rating may be lowered in future. The rating agency says it took this decision following UBS's deal to buy Credit Suisse for 3bn Swiss francs. "The action balances, on the one hand, the advantageous financial terms in terms of liquidity and capital together with the long-term potential for franchise enhancement, and on the other hand the complexity, extent and duration of the integration," the agency said. Moody's points out that UBS faces "significant financial, cultural and franchise related" challenges as it tries to integrate Credit Suisse into its business. | not-forward | maeeshat.in | https://maeeshat.in/moodys-downgrades-outlook-for-ubs-to-negative |
The offer corresponds to 380 Danish crowns per share, or 2.5 percent above Thursday's closing share price. Five-year CDS on the company traded 5 basis points tighter late on Friday at 305 basis points, said a trader. Elsewhere, default swaps on Swiss Re came under slight pressure after Moody's Investors Service said it may downgrade the company after it agreed to buy General Electric's reinsurance business for $7.6 billion. Moody's said it was primarily concerned about the execution risks associated with the transaction, particularly Swiss Re's ability to rapidly implement its underwriting and risk management policies at the acquired entity. Moody's placed its Aa2 insurance financial strength and senior debt ratings on Swiss Reinsurance Co, as well as its A1 subordinated debt rating, on review for possible downgrade. | forward | www.brecorder.com | https://www.brecorder.com/news/3222299/general-motors-bond-rallies-20051119354353 |
Bank of America told thousands of its cardholders in recent weeks — even those with good payment histories — that they faced a rate hike from 9 percent to as high as 28 percent if they didn't pay off their balances at the old rate and stop using their cards. The bank, the largest credit card issuer, since its 2006 acquisition of MBNA, says it's all part of its "periodic" review of customer credit risk, according to Forbes. | not-forward | www.businessinsider.com | http://www.businessinsider.com/outrageous-rip-off-credit-cards-2011-5 |
Fannie Mae has transferred the credit risk on a $12 billion pool of mortgage to reinsurers. The two deals, Credit Insurance Risk Transfer 2015-4 and Credit Insurance Risk Transfer 2015-5, are the first in this program to provide reinsurance on a pool of only 30-year fixed-rate loans with loan-to-values ratios of over 80%. The loans were acquired by Fannie Mae from September through December of 2013 and April through December 2014. Participants in the two deals include a multi-line insurer and multiple reinsurers. Both deals became effective Oct. 1. In CIRT-2015-4, Fannie Mae retains risk for the first 50 basis points of loss on a $7.4 billion pool of loans. If this $37 million retention layer were exhausted, reinsurers would cover the next 250 basis points of loss on the pool, up to a maximum coverage of approximately $185 million. In CIRT-2015-5, Fannie Mae retains risk for the first 50 basis points of loss on a $4.9 billion pool of loans. | not-forward | asreport.americanbanker.com | https://asreport.americanbanker.com/news/fannie-mae-gets-reinsurance-for-high-ltv-loans |
Our data shows that 82% of CDOs rated by Moody's have not been downgraded. Many one-time issuers with limited experience in the collateral class backing a CDO have produced disastrous results and have since exited the CDO market. Some issuers even though otherwise experienced at managing a particular asset class, settled on a strategy that went for yield regardless of implied credit risk. Other CDO managers pursued a sector strategy, such as telecom or early emerging market, and, even though the portfolio otherwise met the investment rules of the CDO, these collateral pools deteriorated beyond the point of repair. Successful CDO investors look for a winning track record from the manager in the collateral asset class backing the CDO and a compelling reason for the manager to be committed to that asset class over time. | not-forward | asreport.americanbanker.com | https://asreport.americanbanker.com/news/downgrades-galore-why-are-investors-still-buying-cdos |
Considering that Volkswagen currently dominates a quarter of the European passenger car market, Magna's sales from the region could take a substantial hit. What's worrisome is that Magna already downgraded its production sales outlook from Europe during its last earnings release, projecting to generate US$6.8-7.2 billion in sales for the year versus its earlier projection of US$8.8 billion in sales. While much of the revised outlook came on the back of currency headwinds, the Volkswagen issue is a double whammy. AutoCanada Inc. ( TSX:ACQ ) This automobile dealerships company must be stuck with hundreds of Volkswagen cars that suddenly have no takers. A deeper look into AutoCanada's financials reveals that it currently operates six Volkswagen dealerships in Canada, or 12% of its total dealership count in the nation. More notably, one of AutoCanada's key growth projects in progress is the setting up of a new 45,000 square feet Volkswagen dealership at Sherwood Park, Alberta. | forward | www.fool.ca | http://www.fool.ca/2015/09/29/the-volkswagen-scandal-and-how-it-could-affect-your-portfolio |
Denver-based Allonhill, a mortgage due diligence and credit risk-management firm, will perform third-party reviews on residential mortgage-backed securities (RMBS) for Standard & Poor's Rating Service. Allonhill said in a statement Tuesday it received approval from S&P to act as a contractor in performing due diligence on publicly traded RMBS. The approval is part of a program designed by the rating agency to allow companies to identify third-party review firms that meet S&P standards of accuracy and independence. It comes after S&P announced more stringent policies on its ratings in '08 — including a new assessment for third-party review firms — following ratings scrutiny in the wake of the mortgage collapse when triple-A securities faced downgrades, according to Allonhill. | forward | www.housingwire.com | https://www.housingwire.com/articles/allonhill-will-review-rmbs-sp |
Standard & Poor's revisited the Landesbank credit issue in late November, stating that it will be publishing its stand-alone ratings for the Landesbanks one year ahead of the 2005 deadline. At that point, the German banks will officially lose their public- sector support mechanisms - state guarantees that had granted them optimal credit ratings (see ASR 7/29/2002). | forward | asreport.americanbanker.com | https://asreport.americanbanker.com/news/market-revisits-the-question-of-german-landesbanks-ratings |
The downgrade of IndusInd Bank was based on high valuations and a view that the near-term margin pressure have not been discounted enough. The rating cut on SBI was based on expectations that the near-term NPL pressure for the lender is likely to stay intense and that the recent growth could aggravate margin pressures. Recently, a compilation of bank valuations in terms of price-to-book value showed that both Kotak and IndusInd stocks traded close to their five-year average valuations even as rest of the banks, including HDFC Bank and ICICI Bank and SBI stood at 10% to 60% discount to their mean valuations. | not-forward | www.financialexpress.com | http://www.financialexpress.com/news/jp-morgan-downgrades-four-banks-turns-selective-on-sector/1180469 |
A new report by the credit rating agency Moody's says Illinois will set a new record this year when it reports a total net pension liability of more than $300 billion, the highest of any state in the nation. As of June 30, 2020, the report stated, the total unfunded liabilities of the state's five pension systems stood at $317 billion, a 19 percent increase from the prior year. That was largely due to historically low interest rates, which have depressed pension fund earnings throughout the country. With the state's gross domestic product, or GDP, estimated to have fallen 2.5 percent in calendar year 2020, that pension liability amounts to roughly 37 percent of the state's total economic output, up from a range of 28-32 percent over the previous four years. When combined with other long-term liabilities, including retiree health care and bonded indebtedness, Moody's estimates the state's total liability ratio will amount to 48 percent of GDP for the fiscal year 2021 reporting cycle. | forward | www.wsiu.org | https://www.wsiu.org/state-of-illinois/2021-03-04/report-illinois-pension-debt-tops-300-billion |
After minority shareholders voted in favour of a takeover last month, Suncor Energy Inc. ( TSX:SU )( NYSE:SU ) began integrating Canadian Oil Sands Ltd. (TSX:COS) into its operations. According to Suncor's vice president of strategy, the company "now has to find ways to reduce operating costs and share some operations with its other oil sands sites." Realizing potential synergies will be key to justify the buyout's $6.6 billion price tag, a price that was upped multiple times to appease prospective shareholders. Part of the deal includes assuming Canadian Oil Sands's debt load of $2.4 billion. Before the deal was completed, its credit rating was downgraded by three notches to junk at Moody's, making it the first large Canadian oil producer to receive a junk rating in at least a decade. Suncor's credit rating was also downgraded to Baa1 from A3. Stretched finances and sub-$40 oil will continue to put a strain on the combined company. | not-forward | www.fool.ca | https://www.fool.ca/2016/04/08/can-suncor-energy-inc-successfully-integrate-canadian-oil-sands-ltd |
Japanese bureaucrats complain that Moody's suits arrived at their doors every time the country had some trade friction with the United States or political strife. In May 1998, Moody's downgraded Japan's top-notch credit rating, citing incompetence in the country's political system and leadership. Japan's finance ministry hit the ceiling for using a political yardstick on economic analysis and refused to accept the review. The government threatened to evaluate Moody's. But the rating agency didn't blink. Atop its high horse, the agency warned in 2000 it would downgrade Japan's credit ratings again. Japan backtracked and its finance minister had to beg Moody's to reconsider. Japan, however, took retaliatory action by growing two rating agencies of its own, R&I and JCR. The government invested heavily in the two agencies, but only small Southeast Asian countries are their clients. | not-forward | koreajoongangdaily.joins.com | https://koreajoongangdaily.joins.com/2010/05/12/columns/Viewpoint-Credits-hardly-due-to-Moodys-Co/2920350.html |
Credit ratings, research, and risk analysis provider Moody's announced today the expansion of its ESG Issuer Profile Scores and Credit Impact Scores with publications targeting large cities and counties in the U.S. with between $500 million and $1 billion in outstanding debt. The reports include two types of ESG scores, including issuer profile scores (IPS) and credit impact scores (CIS). IPS scores measure issuer's exposure to ESG considerations that could be material to credit risk, while CIS gauges the impact those ESG considerations have on an issuer's credit rating. According to Moody's, the reports reveal that exposure to environmental credit considerations is negative or highly negative for more than 40% of the US cities, and moderately negative for almost 40% of counties. | not-forward | www.esgtoday.com | https://www.esgtoday.com/moodys-adds-large-us-cities-and-counties-to-esg-issuer-profile-and-credit-impact-scores |
Hyundai Motor India gained more than 9% and hit a 52-week high of Rs 2,464.70 during the trading session. Ashok Leyland gained 8%, TVS Motor surged 6.5% and Hero MotoCorp advanced 6%. At present, vehicles are taxed under multiple slabs combining GST and cess. As per reports, the government is weighing a flat 18% levy on mass-market vehicles. This is expected to benefit two-wheelers whose engine size is below 350cc and small cars up to 1,200cc which currently attract 28% GST. Luxury cars and sports utility fall under the higher 40% bracket. Consumer durables stocks, including shares of refrigerator and air-conditioner manufacturers, rallied up to 8% on expectations that they would fall in the lower GST slabs. Shares of Bluestar and Voltas gained 7% and 6% respectively. | forward | www.newindianexpress.com | https://www.newindianexpress.com/business/2025/Aug/18/auto-stocks-shine-as-gst-rate-cut-fuels-optimism-in-the-market |
American Express Company (NYSE: AXP ) has seen good gains as its Bluebird prepaid-card initiative has started to pay off. So far, AmEx has drawn in nearly half a million brand-new customers with Bluebird, showing that the card is meeting AmEx's goal of hitting a totally different demographic from its high-end premium card offerings. Moreover, as prepaid cards have no credit risk at all, AmEx stands to reap the rewards of transaction-based income with no downside. | not-forward | www.insidermonkey.com | https://www.insidermonkey.com/blog/american-express-company-axp-jpmorgan-chase-co-jpm-how-the-dow-jones-industrial-average-djis-financial-stocks-have-fared-in-2013-111165 |
According to the rating agency, the rating remains under watch with developing implications in light of the merger proposal between IBHFL and Lakshmi Vilas Bank (LVB). While the scheme has received approval from the Competition Commission of India, key approvals from the regulators, including the Reserve Bank of India (RBI), are still pending. | forward | www.livemint.com | https://www.livemint.com/industry/infrastructure/icra-downgrades-indiabulls-housing-finance-s-rs-1-12-trillion-long-term-debt-plan-1567240064378.html |
Moody's Investors Service Inc. expressed skepticism that the state Supreme Court would reverse the circuit court ruling. "While a lower-court ruling can, of course, be reversed, this summer the Illinois Supreme Court indicated in a separate case on retiree health benefits that it will adhere strictly to the pension protection clause, a legal barrier that for many years has impeded political consensus on reforms affecting current Illinois pension participants," the ratings agency said in a Nov. 24 report. Illinois' credit rating of A3 is the lowest among U.S. states, five notches below the median, Moody's said. The ratings agency added that Illinois' ratio of adjusted net pension liability to revenue was 268% in 2013, well above the 60% median for all states. In a Nov. 11 report, Moody's Analytics referred to Illinois as "the country's most financially troubled state." | not-forward | www.thestreet.com | https://www.thestreet.com/markets/mergers-and-acquisitions/municipal-debt-buyers-await-illinois-pension-ruling-12982469 |
Detroit – Ford Motor Co. chairman and chief executive Bill Ford said Wednesday that bankruptcy isn't an option for the nation's No. 2 automaker, which is struggling to return its North American division to profitability. Ford said the company has strong liquidity – with about $20 billion in cash – and that regions outside North America are performing well. Ford earned $2 billion last year, down 42 percent from a year earlier but still its third consecutive yearly profit. Nonetheless, Ford's North American division lost $1.6 billion last year, and the automaker's debt rating has been slashed to below investment grade. Ford also is steadily losing U.S. market share. The company now has around 18 percent of the U.S. market, down from 26 percent a decade ago. | not-forward | www.denverpost.com | https://www.denverpost.com/2006/04/05/ford-ceo-rules-out-bankruptcy-says-fixing-u-s-market-key |
Agricultural Bank of Greece's (ATEbank) Long-term IDR of B- has been maintained on RWN to reflect uncertainties about its viability. All five bank's Viability Ratings (VR) has been affirmed at f. | not-forward | www.ekathimerini.com | https://www.ekathimerini.com/economy/140172/fitch-affirms-four-greek-banks-at-b-stable |
"If you buy this paper you have to track the progress of Foxconn," he said. The sale of the bond anticipation notes, which greatly increased the county's debt burden, led Moody's Investors Service to downgrade the county's rating by a one-notch to Aa2 in 2017. On Friday, Moody's affirmed the Aa2 rating and a negative outlook, which it said reflects the county's exposure to "risks and uncertainties" surrounding the Foxconn project. While noting uncertainty over the size and scope of the project, S&P Global Ratings rated the bonds AA, saying that they do not substantially add to the county's debt burden or introduce substantial risk to its credit quality. Racine County, which is putting its unlimited taxing power behind the bonds, said it has strong protections in its local development agreement with Foxconn. "We remain encouraged about the progress we've seen and continue to see each day on the ground," Racine County Executive Jonathan Delagrave said in a statement. | not-forward | www.investing.com | https://www.investing.com/news/stock-market-news/wisconsin-county-to-lock-in-longterm-financing-for-foxconn-project-1999507 |
Investing.com - El Pollo Loco Holdings Inc (NASDAQ: LOCO ) reported second quarter EPS of $0.26, $0.05 better than the analyst estimate of $0.21. Revenue for the quarter came in at $122.2M versus the consensus estimate of $120.72M. El Pollo Loco Holdings Inc's stock price closed at $11.88. It is up 18.68% in the last 3 months and up 17.04% in the last 12 months. El Pollo Loco Holdings Inc saw 1 positive EPS revisions and 1 negative EPS revisions in the last 90 days. See El Pollo Loco Holdings Inc's stock price's past reactions to earnings here. According to InvestingPro, El Pollo Loco Holdings Inc's Financial Health score is " good performance ". Check out El Pollo Loco Holdings Inc's recent earnings performance, and El Pollo Loco Holdings Inc's financials here. | not-forward | www.investing.com | https://www.investing.com/news/el-pollo-loco-holdings-inc-earnings-beat-by-005-revenue-topped-estimates-3550505 |
Standard & Poor's has indicated that following the announcement of the proposed transaction, Kiwibank's long term issuer credit rating (A+) will be placed on credit watch negative pending the proposed termination of the standing guarantee provided by NZ Post. Should the guarantee be terminated, Standard & Poor's has indicated it will result in a one notch downgrade to Kiwibank's long term issuer credit rating (from A+ to A). | forward | thedailyblog.co.nz | https://thedailyblog.co.nz/2016/04/11/the-mendacities-of-mr-key-16-the-sale-of-kiwibank-eight-years-in-the-planning |
The move will result in the elimination of 400 to 500 jobs. Merrill plans to retain the unit's loan servicing business. The brokerage house bought First Franklin from National City Corp in December 2006 for $1.3 billion. Merrill, however, quit originating subprime loans last Dec. 28. It reported mortgage-related losses and write-downs totaling $24.4 billion in 2007, according to reports. The losses led to the ouster of Chief Executive Stan O'Neal. American International Group's Issuer Default Rating (IDR) as well as all holding company ratings and subsidiary debt ratings, including International Lease Finance and American General Finance are still on Rating Watch Negative by Fitch Ratings. The rating agency said this after AIG announced its 4Q07 financial results. | not-forward | asreport.americanbanker.com | https://asreport.americanbanker.com/news/whispers-march-3-2008 |
Moody's Investors Service ("Moody's"), on Thursday, confirmed the B2 local-currency deposit ratings of Amen Bank (Amen), Arab Tunisian Bank (ATB), Banque de Tunisie (BdT), Banque Internationale Arabe de Tunisie (BIAT) and the B3 local-currency deposit ratings of Société Tunisienne de Banque (STB). Moody's also changed the outlook on the long-term deposit ratings of all five banks to negative. This rating action concludes the review on the Tunisian banks initiated on 23 April 2020 and follows Moody's decision to confirm the B2 long-term issuer rating of the Tunisian government on 6 October 2020, it said. | not-forward | en.africanmanager.com | https://en.africanmanager.com/tunisia-moodys-confirms-ratings-of-5-tunisian-banks-with-negative-outlook |
GameStop's shares experienced a surge in premarket trading following the announcement of its initial Bitcoin investment. The video game retailer purchased 4,710 bitcoins, valued at $512.6 million, capitalizing on Bitcoin's record-breaking performance driven by easing trade tensions and shifts in US sovereign debt ratings. | not-forward | economictimes.indiatimes.com | https://economictimes.indiatimes.com/news/international/us/gamestop-surges-as-meme-stock-darling-dives-into-crypto-with-500-million-bitcoin-purchase-spree-gamestop-stock-news/articleshow/121466035.cms |
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk ( volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet ) -- Steel Dynamics (Nasdaq: STLD ) hit a new 52-week high Tuesday as it is currently trading at $16.20, above its previous 52-week high of $16.16 with 2.3 million shares traded as of 1:10 p.m. ET. Average volume has been 2.7 million shares over the past 30 days. Steel Dynamics has a market cap of $3.37 billion and is part of the basic materials sector and metals & mining industry. Shares are up 11.5% year to date as of the close of trading on Monday. Steel Dynamics, Inc., together with its subsidiaries, produces and sells steel products in the United States and internationally. | not-forward | www.thestreet.com | https://www.thestreet.com/story/11930075/1/steel-dynamics-stock-hits-new-52-week-high-stld.html |
Wells Fargo (WFC) and other mortgage lenders have recently begun reducing credit score cutoffs in an effort to provide greater access to credit for their customers and to take advantage of pent-up demand in the mortgage market. Critics have argued that these moves herald a return to the risky subprime lending that led to the mortgage crisis. But in an environment in which default risk is small, assuming all other underwriting criteria are met, lenders can safely shift credit score cutoffs downwards from the high levels reached during the housing crisis and its immediate aftermath. | not-forward | www.americanbanker.com | https://www.americanbanker.com/opinion/why-its-safe-for-lenders-to-lower-credit-score-minimums |
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk ( volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model American Tower ( AMT ) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.9%. By the end of trading, American Tower rose $0.88 (1.1%) to $81.90 on light volume. Throughout the day, 1,564,278 shares of American Tower exchanged hands as compared to its average daily volume of 2,381,700 shares. The stock ranged in a price between $80.79-$82.43 after having opened the day at $81.25 as compared to the previous trading day's close of $81.02. | not-forward | www.thestreet.com | https://www.thestreet.com/story/11903623/1/american-tower-corp-amt-todays-featured-real-estate-winner.html |
Standard & Poor's Ratings Services last week dealt Sun Microsystems a blow by cutting its corporate credit rating to junk status. In a research note, the credit rating company warned that Sun will have trouble boosting revenue in the near-term and that it faces tougher competition that ever before in the server market. "The downgrade reflects weak and inconsistent profitability, and our expectation that Sun will be challenged to profitably expand its market presence," said Standard & Poor's credit analyst Martha Toll-Reed. Word of the cut appeared to hurt Sun shares, during Friday's trading. After enjoying a recent run to more than $5 per share, Sun's stock dropped seven per cent on Friday to $4.80. Sun has close to $1.3bn in outstanding debt but also boasts more than $5bn in cash. The move was a surprise to some analysts who noted that Sun appears to have put the worst behind it. | not-forward | www.theregister.com | https://www.theregister.com/2004/03/08/s_amp_p_drops_sun/ |
El Pollo Loco, the nation's leading fire-grilled chicken restaurant chain, introduced three new premium fire-grilled Signature Summer Burritos: Chicken Bacon Avocado, Chicken & Chorizo, and Chicken Fajita. Available for a limited time only, the Signature Summer Burritos feature El Pollo Loco's chicken which has been deeply marinated in a proprietary blend of lime, fruit juice, garlic, spices, and seasoning then expertly grilled on an open flame by El Pollo Loco's Grill Masters. | not-forward | www.qsrmagazine.com | https://www.qsrmagazine.com/news/el-pollo-loco-stirs-new-summer-favorites |
Lonmin, the world's third-biggest platinum producer, said only about 24 per cent of its 28,000 work force at Marikana signed in on Friday, forcing it to suspend mining yet another day. | not-forward | www.theglobeandmail.com | http://www.theglobeandmail.com/report-on-business/international-business/african-and-mideast-business/south-africa-revives-talks-with-miners-after-bloodshed/article4497530 |
SALT LAKE CITY, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, announced an agreement with Hannah Storm, a nationally renowned sports broadcaster, who recently revealed her battle with breast cancer. Under the agreement, Storm will act as an ambassador for the Myriad Genetics Breast Cancer Risk Assessment Program featuring the MyRisk with RiskScore Hereditary Cancer Test, the first and industry-leading hereditary cancer test and polygenic risk prediction test for all ancestries. She will promote the importance of collecting a detailed family health history for cancer and understanding the associated cancer risks. | forward | www.wallstreet-online.de | https://www.wallstreet-online.de/nachricht/18880902-myriad-genetics-signs-agreement-with-nationally-renowned-sports-broadcaster-hannah-storm-to-promote-the-importance-of-knowing-family-cancer-history |
LONDON, Sept. 7, 2021 /PRNewswire/ -- S&P Global Ratings has today announced its Second Party Opinions for Sustainability-Linked Financings, the latest in its well-established suite of sustainable financing opinions services. Through its new offering, the credit ratings agency will assess the alignment of entities' sustainability-linked framework or transaction with third-party sustainable finance principles and guidelines. As part of this, for the first time, S&P Global Ratings will opine on the relevancy of the key performance indicators (KPIs) and on the ambition of the performance targets for each KPI. | not-forward | markets.businessinsider.com | https://markets.businessinsider.com/news/stocks/s-p-global-ratings-launches-second-party-opinions-for-sustainability-linked-financings-1030783929 |
The NCD issue has been rated AA with stable outlook by both Crisil Ltd and ICRA Ltd. This rating indicates that the instruments are considered to have a high degree of safety for timely servicing of financial obligations and carry lower credit risk. | not-forward | www.moneycontrol.com | https://www.moneycontrol.com/news/business/personal-finance/iifl-finance-ncd-issue-offering-up-to-9-yield-opens-should-you-invest-9818971.html |
On September 28, Moody's Investors Service had downgraded IIFL Finance 's corporate family rating (CFR) to B2 from B1, senior secured debt rating to B2 from B1, and senior secured medium-term note (MTN) program rating to (P)B2 from (P)B1. In June this year, S&P Global Ratings lowered the ratings on four NBFCs – Shriram Transport Finance, Bajaj Finance, Manappuram Finance and Power Finance Corp. The rating agency believes that worsening operating conditions following Covid-19 have increased risks for financial institutions operating in India and expects a recession to hurt the financial sector. | not-forward | www.financialexpress.com | https://www.financialexpress.com/industry/around-3910-downgrades-in-fy21-reflect-vulnerability-in-corporate-credit-profile/2107459 |
September 23, 2014 19:29 ET | Source: El Pollo Loco Holdings, Inc. El Pollo Loco Holdings, Inc. | not-forward | www.globenewswire.com | https://www.globenewswire.com/en/news-release/2014/09/23/667993/31831/en/El-Pollo-Loco-Opens-First-Restaurant-in-Visalia.html |
Issuer Rating, Confirmed at Baa1....Senior Unsecured Regular Bond/Debenture, Confirmed at Baa1Affirmations:..Issuer: Stryker Corporation....Senior Unsecured Commercial Paper, Affirmed P-2Outlook Actions:..Issuer: Stryker Corporation....Outlook, Changed To Stable From Rating Under ReviewRATINGS RATIONALEStryker's Baa1 senior unsecured rating reflects its significant scale with 2021 revenues exceeding $17 billion. Stryker benefits from its position as one of the world's largest orthopedic companies as well as from its strong market positions in its Medical Surgery and Neurotechnology businesses. Moody's expects Stryker will sustain above-industry-average organic growth rates over time benefitting from its leading position in orthopedic robotics as well as continued international expansion where Stryker currently has less penetration relative to peers. | forward | finance.yahoo.com | https://finance.yahoo.com/news/stryker-corporation-moodys-confirms-stryker-211407531.html |
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