text
large_stringlengths
63
5.87k
label
large_stringclasses
2 values
netloc
large_stringlengths
5
48
url
large_stringlengths
32
1.63k
However,Bharti shares rose in a volatile market and ended 5.57 per cent higher at Rs 272.15 on the Bombay Stock Exchange. Its market cap rose by Rs 5,450 crore in a day.
not-forward
indianexpress.com
https://indianexpress.com/article/news-archive/web/sp-downgrades-bharti-rating-but-shares-up-5-57
Shares of Teva Pharmaceuticals ( TEVA - Free Report ), a favorite for investors chasing large dividend yields, fell more than 4.4%—and hit a 10-year intraday low—on Wednesday. Just says after the company reported sluggish Q2 earnings, investors are continuing to ditch the stock amid reports that Teva is desperately try...
forward
www.zacks.com
https://www.zacks.com/stock/news/271437/teva-plunges-to-10-year-low-credit-rating-in-jeopardy/?art_rec=blog-stocks_in_the_news-up_next-ID01-txt-271437
At nine years old, WeWork has quickly risen to become synonymous with the term 'co-working space.' But Wolfstreet points out the undercurrent of its business model may be eroding: In April 2018, WeWork's issued $702 million of 7.875% notes due in May 2025. S&P rates them B+, four steps into junk (corporate rating scale...
not-forward
www.dice.com
https://www.dice.com/career-advice/wework-troubles-co-working-bubble
Macau.- The casino operator Melco Resorts & Entertainment has had its credit rating downgraded because of the Covid-19 pandemic and resulting slow performance. S&P Global also downgraded the company's Studio City unit from BB to BB-. It doesn't expect a full recovery for Macau until 2023.
not-forward
focusgn.com
https://focusgn.com/asia-pacific/melco-resorts-credit-rating-downgraded"
NEW YORK (BLOOMBERG) - Shares of Noble Group, the commodity trader seeking to preserve its investment-grade status, fell in Singapore on Tuesday (Nov 24) after Standard & Poor's joined Moody's Investors Service in reviewing the company's ratings amid concern about its liquidity.
not-forward
www.straitstimes.com
http://www.straitstimes.com/business/companies-markets/noble-shares-slump-after-sp-warns-it-may-cut-its-debt-rating-to-junk-on
The ratings lowered were El Paso Electric Co.'s first mortgage bonds to B3 from B1, Del Norte Funding Corp.'s secured lease obligation bonds to Caa from B2, and El Paso Funding Corp.'s unsecured lease obligation bonds to CAA from B3. The agency confirmed El Paso Electric Co.'s preferred stock at Caa. Duff & Phelps Cred...
not-forward
www.americanbanker.com
https://www.americanbanker.com/news/junk-bond-issuance-boosts-fee-earnings-carolco-announces-offer-for-14-notes
(Adds details on Evergrande bondholder call, Fantasia restructuring plans, R&F downgrade by S&P) By Marc Jones LONDON, Oct 8 (Reuters) - Chinese property firms watched their bonds take another beating on Friday as the prospect of a wave of defaults in the sector in the wake of China Evergrande's troubles continued to s...
not-forward
finance.yahoo.com
https://finance.yahoo.com/news/1-building-default-fears-pummel-133339918.html
Legendary investor Warren Buffett told CNBC on Thursday that his conglomerate Berkshire Hathaway (NYSE: BRKa ) "bought $10 billion in US Treasurys last Monday." Buffett revealed they also bought $10 billion in Treasurys this Monday, shrugging off Fitch's U.S. credit rating downgrade. He added that "the only question fo...
forward
au.investing.com
https://au.investing.com/news/stock-market-news/warren-buffetts-berkshire-hathaway-buying-us-treasurys-not-worried-about-us-credit-rating-downgrade-432SI-2937032
The credit rater said Bank of America's creditworthiness has deteriorated based on its exposure to consumer credit and warned further writedowns associated with the Countrywide and Merrill Lynch acquisitions are also a possibility.
forward
www.americanbanker.com
https://www.americanbanker.com/news/s-amp-p-lowers-b-of-a-ratings-amid-earnings-pressures
In a concerning development, Sunac, China's third-largest developer, has had its credit ratings severely slashed. This is due to increasing uncertainties around debt repayment.
not-forward
constructionreviewonline.com
https://constructionreviewonline.com/commentary/inside-chinas-real-estate-crisis-of-2023-and-its-crumbling-housing-market
With so many changes and declining profits, Moody's has put the Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS)'s credit rating under review. McEwan is slated to take the helm of RBS on October 1.
forward
www.valuewalk.com
https://www.valuewalk.com/2013/08/royal-bank-of-scotland-names-new-ceo
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 ...
not-forward
www.thestreet.com
http://www.thestreet.com/story/11907979/1/centurylink-inc-stock-hold-recommendation-reiterated-ctl.html
Shares of Bharti Airtel Ltd were up 0.4%, while those of Vodafone Idea Ltd were flat ahead of the hearing. Meanwhile, MSCI's broadest index of Asia-Pacific shares outside Japan lost as much as 1% as a spike in coronavirus infections in some US states and China dampened hopes of a quick economic recovery.
not-forward
www.gulftoday.ae
https://www.gulftoday.ae/business/2020/06/18/fitch-cuts-india-sovereign-rating-outlook-to-negative
American International Group, Inc. is an international insurance organization. The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. The company has a P/E ratio of 3.3, above the average insurance industry P/E ratio o...
not-forward
www.thestreet.com
http://www.thestreet.com/story/11443815/6/thestreet-ratings-top-10-rating-changes.html
It's arguable, yet totally plausible, that healthcare conglomerate Johnson & Johnson ( JNJ -0.25% ) has the safest dividend payout in the world. Aside from being only one of two publicly traded companies to hold a AAA credit rating (that's higher than the U.S. government), Johnson & Johnson leans on each of its three b...
not-forward
www.fool.com
https://www.fool.com/investing/2019/07/23/3-of-the-most-rock-solid-dividend-stocks-in-the-wo.aspx?referring_guid=65a97b06-5eab-44bc-a829-5bf0580865d9
Business organisation Business Leadership South Africa (BLSA) says Moody's downgrade of South Africa's debt rating to junk status will significantly impact the way the economy is defended through the Covid-19 crisis. The ratings agency on March 27 downgraded South Africa's sovereign credit rating to junk status, despit...
not-forward
www.engineeringnews.co.za
https://www.engineeringnews.co.za/article/economy-faces-harder-recovery-path-following-moodys-downgrade-says-business-2020-03-30
[3] S&P Global Ratings: "J.C. Penney Co. Inc. Downgraded To 'D' On Missed Interest Payment", Research Update, Apr 16, 2020.
not-forward
www.spglobal.com
https://www.spglobal.com/marketintelligence/en/news-insights/blog/tracking-credit-risk-at-a-major-us-retailer
In a note Moody's noted Intesa's direct exposure to the Italian sovereign and its pronounced focus on domestic business. The management of both UniCredit and Intesa Sanpaolo have said they currently have no funding problems. Besides its downgrade of Italian banks, Moody's also cut its ratings on the debt of a series of...
not-forward
www.dailysabah.com
https://www.dailysabah.com/business/2011/10/06/moodys-cuts-ratings-on-intesa-unicredit
Earlier this week, the riskiest tranches of debt measured by the ABX hit all-time lows of about 45 cents on the dollar. Although Flanagan is not expecting widespread subprime contagion, he sees subprime resolution taking longer. A spokesman for JPMorgan declined to make Flanagan available for additional comment. Downgr...
not-forward
www.thestreet.com
https://www.thestreet.com/investing/stocks/jpmorgan-sees-subprime-plunge-10369159
When crude prices fell, Exxon's downstream earnings increased over 100% to partially compensate for the fall in Exxon's upstream profits. Because of Exxon's integrated approach, the company handily beat analyst estimates for its first quarter, reporting an EPS of $1.17 versus expectations of $0.83. The company also mad...
not-forward
www.insidermonkey.com
http://www.insidermonkey.com/blog/exxon-mobil-corporation-xom-is-still-the-best-energy-company-in-the-world-346522
Enbridge has reached a final investment decision on two gas transmission projects. First, the company signed commercial agreements for the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement) which is expected to increase deliveries on Algonquin Gas Transmission pipeline to existing local distr...
forward
www.newsbreak.com
https://www.newsbreak.com/daily-energy-insider-1599502/4214215066197-enbridge-makes-investment-decision-on-two-gas-transmission-projects
The deal has become a "poster child" for all that was wrong with that era of easy credit, highly speculative deals and greed, said Ben Thypin, an analyst at Real Capital Analytics, a research firm. It remains to be seen if its recent troubles will affect the Tishman Speyer image and the willingness of investors to risk...
not-forward
www.cnbc.com
https://www.cnbc.com/2009/09/10/biggest-real-estate-deal-in-us-history-may-default.html
So far, cyberattacks have had a limited impact on credit ratings. In the last 10 months, there were 50 negative credit ratings actions from S&P Global Ratings related to risk management, culture and oversight. A small subset of those actions was related to cyberattacks. Weak cybersecurity seems to be correlated with we...
not-forward
www.spglobal.com
https://www.spglobal.com/en/research-insights/articles/daily-update-october-26-2022
Sales have been declining sharply in recent quarters. El Pollo Loco ( LOCO ) -- Down 18 percent last week One of this year's hottest restaurant IPOs has been cooling off since reporting earnings earlier this month. El Pollo Loco -- a quick-service chain specializing in citrus-marinated chicken -- took another hit this ...
not-forward
www.aol.com
https://www.aol.com/2014/11/24/last-weeks-biggest-stock-movers-deals-lift-dish
Lagos, 30 August 2023 – GCR Ratings (GCR) has upgraded Providus Bank Limited's national scale long and short-term issuer ratings to BBB-(NG)/A3(NG) from BB+(NG)/B(NG) respectively; with the outlook revised to stable from positive. Rated Entity Rating class Rating scale Rating Outlook Providus Bank Limited Long Term Iss...
not-forward
gcrratings.com
https://gcrratings.com/announcements/gcr-upgrades-providus-bank-limiteds-national-scale-long-and-short-term-issuer-ratings-to-bbb-ng-a3ng-with-the-outlook-revised-to-stable
"The ability to integrate our credit ratings data with the proven analytics and research capabilities of S&P Capital IQ creates a truly unparalleled opportunity for market participants to gain the deepest possible insight into credit quality," said Neeraj Sahai, President, Standard & Poor's Ratings Services. "The inves...
not-forward
press.spglobal.com
http://press.spglobal.com/2014-05-19-S-P-Capital-IQ-Launches-New-Business-Line-Dedicated-to-Standard-Poors-Ratings-Research-and-Integrated-Solutions
Weingarten Realty Investors had been rated buy since October. Consolidated Graphics ( CGX ), a commercial printer, has been downgraded to hold. The company maintains a largely solid financial position and has enjoyed revenue growth, but it has also been marked by poor profit margins, a generally disappointing stock per...
not-forward
www.thestreet.com
https://www.thestreet.com/story/10397345/1/stock-upgrades-downgrades-from-thestreetcom-ratings.html
S&P Global Ratings last week rated RXO BB+. That is one notch above the BB rating held by XPO (NYSE: XPO). However, S&P put XPO on Creditwatch Positive in June, which is often the first step toward a ratings upgrade.
not-forward
www.freightwaves.com
https://www.freightwaves.com/news/xpo-brokerage-spinoff-rxo-gets-near-investment-grade-debt-rating-from-sp
From a financial perspective, this FDA Fast Track designation for AC Immune's ACI-35.030 (JNJ-2056) is a positive catalyst for the company. Here's why: However, investors should exercise caution. While this news is positive, AC Immune remains a clinical-stage company with no approved products. The company's financial h...
not-forward
www.stocktitan.net
https://www.stocktitan.net/news/ACIU/ac-immune-s-aci-35-030-now-jnj-2056-granted-fda-fast-track-v69qmbh12tgg.html
The cost of insuring against a default by the government for five years using credit-default swaps is 38 basis points higher than for Russia, which is rated speculative grade by both S&P and Moody's, according to data compiled by Bloomberg. The only major emerging market with contracts more expensive than South Africa ...
not-forward
www.moneyweb.co.za
https://www.moneyweb.co.za/news/economy/junk-rating-matter-time-economy-falters
"The change in the rating outlook to negative reflects Moody's assessment of the linkage between GPA and the financial health and stability of the Government of Guam," according to Moody's. "The change in the rating outlook to negative reflects Moody's assessment of the linkage between GPA and the financial health and ...
not-forward
www.pacificislandtimes.com
https://www.pacificislandtimes.com/post/2018/03/17/gpa-bond-gets-negative-outlook-from-moodys
Plans to build a $1bn battery plant in southern Japan have been shelved due to the "tough business environment", the company said. Ratings agencies meanwhile have downgraded Nissan to junk status, with Moody's citing "weak profitability" and "ageing model portfolio". The carmaker's shares have plummeted nearly 40% over...
not-forward
www.intellinews.com
https://www.intellinews.com/japan-s-auto-industry-left-reeling-under-tariff-pressure-as-honda-and-nissan-feel-the-pain-380985
"The point I make is that if we subsidise Qantas, why not subsidise everyone?" Abbott said in an interview on Melbourne radio station 3AW. "If we subsidise everyone, that's just a bottomless pit into which we will descend." The Australian flag carrier had been one just four airlines with investment grade ratings from M...
not-forward
www.independent.ie
http://www.independent.ie/business/shares-plummet-for-quantas-as-airlines-credit-rating-cut-to-junk-status-29815447.html
also warned about the risk of Fannie Mae helping to trigger the financial crisis: With close to $2 trillion in debt between Freddie Mac and Fannie Mae alone, as well as several trillion held by commercial banks, failure of just one GSE or related entity could create a huge disaster that would easily eclipse the Savings...
forward
seekingalpha.com
https://seekingalpha.com/instablog/4596961-joseph-stuber/1266301-a-credit-downgrade-for-u-s-may-be-unavoidable
A.M. Best Co. has placed the financial strength and debt ratings of the insurance and reinsurance subsidiaries of RenaissanceRe Holdings Ltd. (RenaissanceRe) [NYSE:RNR] (Bermuda) under review with negative implications.
not-forward
programbusiness.com
https://programbusiness.com/news/am-best-places-ratings-of-renaissancere-under-review-with-negative-implications
Last week, influential global credit rating agency, Moody's, has revised India's economic prospects downwards, reflecting the vulnerabilities of the economy. Lower rating by any one of a handful of such rating companies have major implications. The Union Government has of course been extra quick to discard the downgrad...
not-forward
theshillongtimes.com
https://theshillongtimes.com/2019/11/13/modi-govt-bjp-leadership-have-now-left-with-no-excuse
New Delhi: The fraud case at Punjab National Bank (PNB) underscores the urgent need for reforms at public sector banks, said rating agency S&P. It said that the fraud comes as the sector continues to reel from soaring non-performing assets (NPAs) in an extended downcycle. However, tighter regulatory standards combined ...
forward
www.deccanchronicle.com
https://www.deccanchronicle.com/business/companies/060318/sp-psbs-need-urgent-reforms.html
"We have seen repeatedly that failures to maintain and preserve required records can hinder the staff's ability to ensure that firms are complying with their obligations and the commission's ability to hold accountable those that fall short of those obligations, often at the expense of investors," said Sanjay Wadhwa, d...
not-forward
www.pionline.com
https://www.pionline.com/regulation/sec-charges-sp-moodys-fitch-and-other-credit-rating-firms-record-keeping-violations
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 ...
not-forward
www.thestreet.com
https://www.thestreet.com/story/11900980/1/align-technology-inc-stock-downgraded-algn.html
But in 2009, Fitch's expectations fell for certain first-lien residential mortgage-backed securities (RMBS), and because of this, Fitch increased the expected loss estimates related to first-lien RMBS exposures, the rating agency said. "We are pleased that Assured Guaranty Corp. and FSA remain in the double-A rating ca...
not-forward
www.housingwire.com
https://www.housingwire.com/articles/fitch-takes-assured-guaranty-down-another-notch
Since the announcement of the merger deal, KR has utilized its solid free cash flow and debt financing to reinforce the company's balance sheet capacity and maintain its investment-grade rating. The strengthened balance sheet and sustainability of KR's model enable the company to grab several growth opportunities such ...
forward
www.zacks.com
https://www.zacks.com/stock/news/2382999/kroger-terminates-its-proposed-merger-with-albertsons:-what's-next
"It is an indication that the market is concerned about large downside risk," said DeSimone. One-month skew shot up as high as 18.5 percent in late August and has largely remained elevated since then. The only other time the measure was higher was in March, following a credit downgrade of the electric car maker by Mood...
not-forward
www.marketscreener.com
https://www.marketscreener.com/news/owning-tesla-shares-about-the-riskiest-it-has-ever-been-options-data--27250995
On Friday, rating agency Crisil said it has downgraded the long-term debt instruments and bank facilities of KKR India Financial Services to "CRISIL AA" from "CRISIL AA+".
not-forward
www.livemint.com
https://www.livemint.com/companies/news/rating-downgrade-at-kkr-s-nbfc-points-to-cracks-in-credit-strategy-11570557969259.html
Italy's biggest bank, Intesa Sanpaolo (ISP.MI), said that last year it transferred credit risk through a number of deals on loans totalling 15.7 billion euros, with one worth 7.5 billion euros in the fourth quarter among Europe's largest.
not-forward
cyprus-mail.com
https://cyprus-mail.com/2023/04/05/europes-banks-ramp-up-bespoke-loan-trades-to-reduce-risk/
Empty Schools Declining school-age populations and enrollment are contributing to increased budget pressures and credit downgrades for Michigan public schools, Moody's Investors Service said Tuesday. (File photo) LANSING -- The number of Michigan public school districts seeing their credit ratings downgraded has explod...
not-forward
www.mlive.com
http://www.mlive.com/education/index.ssf/2013/11/more_michigan_school_districts_1.html
Upward rating movement is unlikely at this point. Negative rating actions could occur if there were a worsening of risk-adjusted capitalisation tied to investment losses or a deterioration of the operating environment in key territories. The FSR of A (Excellent) and issuer credit rating of "a" has been removed from und...
forward
www.finanznachrichten.de
http://www.finanznachrichten.de/nachrichten-2012-06/23729636-a-m-best-removes-from-under-review-and-affirms-ratings-of-generali-and-its-main-subsidiaries-assigns-negative-outlook-004.htm
Recently on the wrong-end of a credit rating downgrade, the group's capital expenditure bill would not increase markedly as projects were still in the prefeasibility stage. "There's nothing to concern us on the funding abilities of both companies [Gold Fields and Sibanye Gold]," said Holland.
not-forward
www.miningmx.com
https://www.miningmx.com/news/gold/22065-all-eyes-on-south-deep-as-gold-fields-sets-stall
Theratings are constrained by Sunac's limited geographicaldiversification and product mix. Its land banks are concentrated in Tianjin and Beijing,which together represent 53% of total sales in January-August2012 and 14 out of a total of 22 projects, without consideringthe Greentown projects. Its focus on mid- and high-...
not-forward
www.cnbc.com
https://www.cnbc.com/2012/10/04/textfitch-rates-sunacs-proposed-notes-bbexp.html
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 ...
not-forward
www.thestreet.com
https://www.thestreet.com/story/11888032/1/automotive-industry-underperformer-of-the-day-johnson-controls-inc-jci.html
Such increases showcase the challenges that the economy is confronting in keeping pace with pent-up demand for goods—which could reverse as consumers switch to spending on services, according to S&P Global Market Intelligence. Today is Thursday, July 22, 2021, and here is today's essential intelligence. The Credit Cycl...
not-forward
www.spglobal.com
https://www.spglobal.com/en/research-insights/articles/daily-update-july-22-2021
At issue are the ratings handed out primarily by the three largest agencies: Moody's Corp., Fitch Inc. and Standard & Poor's. The ratings serve chiefly to help investors assess the strength of a company or portfolio. But bank regulators also use them, for, among other things, pinpointing areas to focus on in exams and ...
forward
www.americanbanker.com
https://www.americanbanker.com/news/regulators-search-for-credit-rating-alternatives-likely-to-be-tough
Find the way." The pressure was real. Citing former Moody's managers, Bloomberg reports that in 2000 one Moody's executive "visited Wall Street banking customers to pledge a closer, more cooperative relationship and asked whether any of his analysts were particularly difficult to work with." As a result of finding a wa...
not-forward
www.propublica.org
https://www.propublica.org/article/insiders-detail-how-greed-drove-credit-ratings-926
He currently serves on the Boards of the Robert Toigo Foundation, the National Forest Foundation, and the Investment Company Institute. ABOUT MOODY'S CORPORATION Moody's (NYSE: MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insig...
not-forward
www.businesswire.com
https://www.businesswire.com/news/home/20221018005438/en/moody’s-corporation-elects-jose-minaya-to-board-of-directors
Tesco, already facing a severe slowdown in sales in its stores, said last month it had uncovered what has become a 263 million pound ($420 million) accounting hole, resulting in the suspension of eight senior members of staff and a Serious Fraud Office investigation. Moody's has already cut the supermarket group to one...
forward
www.breitbart.com
http://www.breitbart.com/london/2014/10/31/without-a-plan-junk-status-looms-for-britains-tesco-moodys
We are seeing moves in the main stocks and funds which track Spain: The Ibero-America Fund, Inc. (NYSE: SNF), iShares MSCI Spain Index (NYSE: EWP), Banco Bilbao Viscaya Argentaria (NYSE: BBVA), Banco Santander, S.A. (NYSE: STD), Repsol YPF SA (NYSE: REP), and Telefonica SA (NYSE: TEF).
not-forward
247wallst.com
https://247wallst.com/banking-finance-and-taxes/2010/04/28/kissing-piigs-sp-downgrades-spain-snf-ewp-bbva-std-rep-tef
But Richard Ciccarone, senior vice president and manager of fixed-income research at Kemper Capital Markets, said there are "enough reasons out there to justify a ratings downgrade." Mr. Ciccarone pointed to a growing negative unreserved balance, as reported on a generally accepted accounting principles basis, that he ...
not-forward
www.americanbanker.com
https://www.americanbanker.com/news/illinois-185-million-go-certificates-sale-to-spur-moodys-review-of-states-rating
Eskom has noted rating agency Moody's downgrade of its unguaranteed credit ratings. Moody's downgraded to 'B3' from 'B2' the long-term corporate family rating (CFR) of Eskom. The zero coupon Eurobonds rating has similarly been revised to 'B3' from 'B2', in line with the CFR and the global medium term note (GMTN) progra...
not-forward
www.sanews.gov.za
https://www.sanews.gov.za/south-africa/moodys-downgrades-eskoms-unguaranteed-credit-ratings
Broadridge Financial Solutions Inc. plans to enhance clients' risk management by leveraging advanced pre-trade analytics features that provide real-time insights, predictive modeling, and tailored risk assessments, helping investors make informed decisions in complex market conditions.
forward
marketwirenews.com
https://marketwirenews.com/news-releases/broadridge-partners-with-bmll-to-bring-advanced-pre--6461428757526103.html
MANILA (CBS.MW) -- As it struggles with more than a billion dollars in debt coming due in the next three years, Philippine Long Distance Telephone saw its credit ratings cut a couple of notches Monday by Standard & Poor's.
not-forward
www.marketwatch.com
https://www.marketwatch.com/story/pldts-debt-woes-prompt-sp-to-cut-credit-ratings
China's central bank on Tuesday said it will allow banks to cut the minimum required mortgage down payment to 20 per cent from 25 per cent for first-home purchases as it steps up support for the property market. Reviving investment in real estate is crucial for the government, which cut interest rates six times since l...
forward
www.businesstimes.com.sg
https://www.businesstimes.com.sg/banking-finance/fallen-angels-incoming-as-us23b-of-china-bonds-near-junk
On November 10, Moody's downgraded PES Refining and Marketing corporate family rating from B1 to B3, probability of default rating dropped from B1-PD to B3-PD (meaning more likely to default), and downgraded ratings on certain loans from B1 to B3, with the overall outlook dropping from stable to negative (Note: Movemen...
not-forward
kleinmanenergy.upenn.edu
https://kleinmanenergy.upenn.edu/blog/2017/03/14/does-trump-help-or-hurt-phillys-struggling-neighborhood-refinery
Standard & Poor's warned that AMP's credit ratings could be "negatively affected" if this happened, although AMP claimed it had the money to cover any pay-out in any case. Moody's said there could be further legal action and, if in default, one outcome was that AMP "may be forced to accelerate the repayment on its seni...
forward
www.smh.com.au
https://www.smh.com.au/national/another-1-24bn-problem-for-amp-20031121-gdhtpg.html
Credit rating agency Moody's Corporation reiterated on Monday that it may also decide to lower the US Debt Rating before 2013, unless the country takes significant steps to reign in it's spending and increase it's fiscal discipline. In order to maintain the "AAA" rating the US has held for the past 70 years, the rating...
forward
www.forexnewsnow.com
https://www.forexnewsnow.com/top-stories/us-debt-crisis-moody’s-forecasts-a-us-downgrade-by-2013-standards-poors-us-debt-rating
Other players in the same industry, CIGNA Corp. ( CI ), UnitedHealth Group Inc. ( UNH ) and WellPoint Inc. ( WLP ) all carries an investment grade rating from A.M. Best.
not-forward
finance.yahoo.com
http://finance.yahoo.com/news/m-best-affirms-aetnas-ratings-222002593.html
Fitch Ratings downgraded Truist Financial's credit rating, calling the insurance business it is selling an "important source of revenue and business diversification.
not-forward
programbusiness.com
https://programbusiness.com/news/fitch-downgrades-truist-on-insurance-sale
RESTAURANT GROUP Restaurant Group, which owns Frankie & Benny's, has had its rating downgraded from "buy" to "hold" at Canaccord Genuity, with a target price of 700p down from 760p. The broker says the Uefa football championships and Olympics will be a distraction next year. The living wage kicking in will put pressure...
forward
www.cityam.com
https://www.cityam.com/best-brokers-18-november-2015
KEY MARKET The UK-based Aviation Working Group, which monitors leasing practices, has put India on a watchlist with a negative outlook. Standard Chartered's Pembroke Aircraft Leasing, CDB Aviation's GY Aviation Leasing and BOC Aviation have initiated proceedings to repossess planes from Go First. India is a critical ma...
not-forward
finance.yahoo.com
https://finance.yahoo.com/news/aercap-says-jet-recovery-dispute-143350965.html
"Germany needs Europe and our common currency.'" MBIA Shares Up after JPMorgan Drops Insurance Split Suit (Bloomberg) "MBIA Inc. shares surged after JPMorgan Chase Bank NA and Barclay's Bank Plc said they are withdrawing from a lawsuit over the company's decision to split its insurance unit in two. The bond insurer's s...
not-forward
www.cnbc.com
https://www.cnbc.com/2010/12/31/mbia-shares-up-after-jpmorgan-drops-insurance-split-suit.html
Standard & Poor's recently downgraded MRO to its lowest investment-grade credit rating. By being on the precipice of junk bond status, Marathon Oil could only get bondholders interested by adding yet more higher-yielding debt to its balance sheet. The company already carries $7.3 billion in long-term debt.
not-forward
www.nasdaq.com
http://www.nasdaq.com/article/marathon-oil-corporation-mro-desperation-move-screams-sell-cm586702
The stock of Zambia's largest private sector employer, Glencore, slumped in the market this week, dragging the already struggling Zambian currency into further crisis. The Zambian kwacha has declined 48 percent against the dollar this year, the most of the over 150 currencies tracked by Bloomberg. An electricity shorta...
not-forward
www.brookings.edu
https://www.brookings.edu/blog/africa-in-focus/2015/10/02/africa-in-the-news-buhari-submits-cabinet-nominees-zambias-credit-rating-takes-hit-and-central-african-republic-elections-delayed/?msg=fail&shared=email
Ratings agency S&P Global has reportedly knocked down the credit rating of Coinbase (COIN) after the crypto exchange revealed its financials for the second quarter of this year.
not-forward
dailyhodl.com
https://dailyhodl.com/2022/08/15/sp-global-knocks-down-coinbase-credit-rating-after-exchange-posts-1-1-billion-net-loss-in-q2-report
Credit rating agency Fitch downgraded Ireland's score to BBB+. Needless to say, this came as no surprise. Credit rating agencies such as S&P, Moody's and Fitch are always late. The real credit rating is better reflected in CDS – Credit Default Swaps. It's no news that the Irish sovereign is having trouble, due to its b...
not-forward
www.forexcrunch.com
https://www.forexcrunch.com/ireland-downgraded-by-fitch
El Pollo Loco is currently seeking highly qualified, multi-unit operators in Northern California, Arizona, Colorado, New Mexico, Nevada and Texas. For more information visit https://elpolloloco.com/franchising/. About El Pollo Loco El Pollo Loco (Nasdaq:LOCO) is the nation's leading fire-grilled chicken restaurant chai...
forward
www.globenewswire.com
https://www.globenewswire.com/news-release/2015/12/31/798781/0/en/El-Pollo-Loco-Opens-Newest-Restaurant-in-Lodi-CA.html
Moody's assigns its B3 rating for obligations that are considered speculative and subject to high credit risk. "The downgrade reflects heightened liquidity risk at Macrotech, because of the company's lack of sufficient progress in refinancing its upcoming debt maturities," says Sweta Patodia, an analyst with Moody's.
not-forward
www.business-standard.com
https://www.business-standard.com/amp/article/companies/rating-downgrade-by-moody-s-shows-liquidity-crunch-at-lodha-developers-119080201946_1.html
This explains the relatively smaller institutional ownership in Tesla compared to big techs such as Apple, Inc. AAPL and Amazon, Inc. AMZN. The increased buying interest could give a lift to the sagging stock, which has not received the much-needed lift from the recent stock split the company implemented. Tesla stock c...
not-forward
www.benzinga.com
https://www.benzinga.com/news/22/09/28743498/elon-musk-calls-out-this-rating-agency-as-irrelevant-and-heres-the-context
The agency decided to take the step after its parent institution Osterreichische Volksbanken announced that it had come to an agreement with Russia's Sberbank to sell its stake in Volksbank International (VBI), of which Volksbank Slovensko forms part. VBI owns 93 percent of the shares in Volksbank Slovensko, with Oster...
forward
spectator.sme.sk
https://spectator.sme.sk/c/20040533/fitch-reconsidering-volksbank-slovensko-credit-rating.html
The SMIC bonds carry a triple-A rating from local credit watcher Philippine Ratings Services Corp.. This rating denotes that such obligations are deemed of the highest quality with minimal credit risk while financial commitment to meet obligations is extremely strong.
not-forward
business.inquirer.net
https://business.inquirer.net/67709/smic-launches-p10-b-bond-offer
CNA Financial's fixed-income investment strategy with the highest allocations to diversified investment grade corporates, as well as highly rated municipal securities, should support investment results. CNA has been able to maintain the underlying combined ratio below 95 for 13 straight quarters. Despite the elevated i...
not-forward
www.zacks.com
https://www.zacks.com/stock/news/2227791/heres-why-you-should-hold-cna-financial-cna-stock-now/?art_rec=blog-analyst_blog-up_next-ID01-txt-2227791
SINGAPORE (S&P Global Ratings) Jan. 14, 2020–S&P Global Ratings today revised its outlook on the Sri Lanka sovereign credit rating to negative from stable. We affirmed our 'B' long-term and 'B' short-term foreign and local currency credit ratings on Sri Lanka. The transfer and convertibility assessment is affirmed at B...
not-forward
economynext.com
https://economynext.com/sri-lanka-credit-outlook-downgraded-to-negative-on-tax-cuts-by-standard-and-poors-40118
"The strong cash flows generated from our core businesses allow us to support a solid dividend to our shareholders," said Matt Cox, Matson's President and Chief Executive Officer. "At the same time, we have the financial capacity to maintain a strong investment grade metric balance sheet while also providing for growth...
forward
www.marinelink.com
https://www.marinelink.com/news/dividend-quarter-matson351057
Property market weakness has prompted Fitch Ratings to downgrade the credit rating of some builders into junk territory, including Vanke and Longfor Group Holdings.
not-forward
www.businesstimes.com.sg
https://www.businesstimes.com.sg/property/china-home-sales-drought-persists-little-hint-turnaround
He's not alone. Alex Pourbaix, chief executive officer of Cenovus Energy Inc., warned this week that Alberta faces a "wholesale economic catastrophe." And DBRS, the credit rating agency, declared that "Canada's oil sector has become untethered from global oil market dynamics."
not-forward
www.theglobeandmail.com
https://www.theglobeandmail.com/business/article-alberta-oil-price-collapse-raises-fears-of-economic-contagion
Moody's Investors Service cut Sears Holdings Corp.'s corporate family credit rating to "Caa2" from "Caa1" and questioned the viability of its Kmart business.
not-forward
wwd.com
https://wwd.com/business-news/financial/moodys-cuts-sears-credit-rating-kmart-future-10760197
"The things that city managers can control, they are controlling very well," Beckett said. In December, fellow rating agency Moody's Investors Service improved its outlook on a slightly lower credit rating to stable from negative. Moody's attributed the incremental improvement to growing income tax and business privile...
not-forward
www.mcall.com
https://www.mcall.com/news/local/allentown/mc-nws-allentown-credit-rating-update-sp-coronavirus-20200831-cr6mzikw3ram5a4cua5rga7r5m-story.html
Despite the state legislature approving the tax increases, credit rating agency Moody's Corporation (NYSE:MCO) is unimpressed. So big are the Illinois government's pension, healthcare, and other fiscal obligations that they still may see their credit rating downgraded to "junk." That would mark the first time that an A...
forward
born2invest.com
https://born2invest.com/articles/financial-crisis-2008-usa-economy
Obinna Chima Standard & Poor's (S&P), one of the world's leading index providers and independent credit ratings has downgraded Nigeria's rating further from 'B+' to 'B/B'. The agency stated this in its rating released friday. It pointed out that Nigeria's economy had weakened more than expected owing to a restrictive f...
not-forward
www.thisdaylive.com
https://www.thisdaylive.com/index.php/2016/09/17/sp-lowers-nigerias-rating-to-bb-on-weak-growth
A Newsmax report on the situation said DirecTV refused to pay carriage fees for the channel, "even though its pays 22 liberal news and information channels' fees, many with ratings much lower than Newsmax." The outlet didn't say which news channels had lower ratings than Newmax; DirecTV carries far fewer than 22 cable ...
not-forward
thedesk.net
https://thedesk.net/news/directv-drops-newsmax-other-ways-to-stream
Personnel, resources and investors linked to Lu's Car and UCar backed Luckin's expansion. That startup strategy has backfired. Car Inc.'s Hong Kong-traded shares have lost more than half their value since Luckin's fraud disclosure amid concerns the company could face its own credit crunch due to its connection to Lucki...
not-forward
www.caixinglobal.com
https://www.caixinglobal.com/2020-04-20/in-depth-investors-sip-the-bitter-taste-of-the-luckin-coffee-scandal-101544557.html
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 ...
not-forward
www.thestreet.com
https://www.thestreet.com/story/11826061/1/canadian-pacific-railway-rises-on-unusually-high-volume-cp.html?cm_ven=CNNMONEY&puc=CNNMONEY
Coles shareholders approved the sale to Wesfarmers two months ago, prompting warnings by the international credit-rating agency Fitch Ratings that debt market volatility could be a problem for Wesfarmers. The credit agency would have preferred a larger proportion of the $10 billion as longer term debt.
not-forward
www.smh.com.au
https://www.smh.com.au/business/wesfarmers-in-4b-squeeze-20080110-1lah.html
Meanwhile, Rizal Commercial Banking Corporation (RCBC) Chief Economist Michael L. Ricafort said given the uncertainties in the global economy, there is a possibility that NPLs could even reach 2 percent this year.
forward
businessmirror.com.ph
https://businessmirror.com.ph/2025/06/10/banks-april-npl-highest-in-5-months
Fitch downgraded the credit rating of major Chinese property developer Vanke on Friday, the second agency to do so in 10 days as the country's property sector grapples with unprecedented challenges.
not-forward
www.mingtiandi.com
https://www.mingtiandi.com/real-estate/crelist/roundup-country-garden-sells-project-to-guangdong-soe
As of September 30, 2022, ILPT's portfolio consisted of 413 properties containing approximately 60.0 million rentable square feet located in 39 states. More than 78.1% of ILPT's annual rental revenues as of September 30, 2022 are derived from investment grade tenants, tenants that are subsidiaries of investment grade r...
not-forward
www.benzinga.com
https://www.benzinga.com/pressreleases/22/10/b29406394/industrial-logistics-properties-trust-announces-third-quarter-2022-results
Matthew Chow, a director at rating agency S&P Global, said Evergrande's deep discount offer is likely to be "company specific" because it has short-term debt obligations coming due. "Evergrande relies a lot on its cash generation to tackle all the upcoming obligations; sales is obviously one of Evergrande's key cash in...
forward
www.businesstimes.com.sg
https://www.businesstimes.com.sg/real-estate/chinese-property-firms-weigh-cutting-prices-after-evergrandes-deep-discounts
Qudian uses big data to do customized credit assessments, targeting young, digital consumers who use its relatively small loans to buy items like laptops and smartphones. Many such borrowers were traditionally overlooked by China's old state-run banking system, which lacks the technology and experience to run such quic...
not-forward
thebambooworks.com
https://thebambooworks.com/qudian-shares-sink-into-danger-zone-as-it-fails-to-find-new-footing
The Boston Museum of Fine Arts, which took on a sizable amount of debt in recent years with the opening of two new wings (currently, $175 million of outstanding Series A-1 and A-2 variable-rate demand bonds that the institution has issued through the Massachusetts Health and Educational Facilities Authority), recently ...
not-forward
observer.com
https://observer.com/2014/04/credit-rating-your-local-museum
MCLEAN, Va., May 22, 2018 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) further reduces mortgage credit risk with the settlement of an $880 million transaction of Structured Agency Credit Risk (STACR ® ) 2018-HRP-1 Notes (STACR SHRP Notes). The SHRP Notes represent the first STACR transaction in which the notes are issu...
not-forward
www.globenewswire.com
https://www.globenewswire.com/news-release/2018/05/22/1510415/0/en/Freddie-Mac-Closes-First-SHRP-Deal-of-the-Year.html?print=1
The list of 10 banks that were demoted includes Webster Financial Corporation, Commerce Bancshares, Pinnacle Financial Partners, M&T Bank Corporation, BOK Financial Corporation, Bancshare, Prosperity Bancshares, Amarillo National Bancorp Incorporated, Old National Bancorp, Associated Banc-Corp.
not-forward
www.thecoinrepublic.com
https://www.thecoinrepublic.com/2023/08/29/top-rating-company-downgrades-the-ratings-of-10-u-s-banks
The new Corker-Warner housing finance bill admirably would dissolve Fannie Mae and Freddie Mac and bring the GSE era to an end. But in their place, the government would explicitly guarantee most of the securitized mortgage market. This will be much to the satisfaction of all parties who walk away with their cash at the...
forward
www.americanbanker.com
http://www.americanbanker.com/bankthink/corker-warners-federal-guarantee-is-superfluous-1060286-1.html
The big global credit rating agency Moody's, which devotes a considerable amount of time and energy to studying the risks building up in the likes of the big four banks, earlier this month forecast house prices had another 10 per cent to fall nationally.
forward
www.abc.net.au
https://www.abc.net.au/news/2019-05-02/negative-equity-on-the-rise-as-house-prices-continue-to-fall/11061780