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NSW has maintained its AAA credit rating with international ratings agency Moody's. The NSW government used the desire to retain the AAA rating with Moody's and Standard & Poor's as the rationale behind decisions taken in its unpopular mini-budget on November 11 last year. Standard & Poor's placed the state on a negative outlook after the state government's electricity privatisation plan failed to pass the NSW parliament last year. NSW Treasurer Eric Roozendaal said Thursday's affirmation of the AAA rating by Moody's was recognition of NSW's "strong governance and management". "This independent report endorses the underlying strength of the NSW government's balance sheet, which is important during these tough economic times," Mr Roozendaal said in a statement.
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www.smh.com.au
https://www.smh.com.au/national/nsw-maintains-aaa-rating-from-moodys-20090122-7nkv.html
Dollar emerging market credit remained sturdy, with the hike and subsequent rhetoric from the Fed meeting negating external factors such as lower commodity prices and Brazil's cut to Junk status by rating agency Fitch. Brazil's sovereign 5-yr CDS spread saw a 22bps widening to 476bps yesterday, but this negative credit action had limited impact on US dollar denominated Latam corporate debt. The Markit iBoxx USD Emerging Markets Corporates LatAm Index spread remained flat at 626bps, while the Markit iBoxx USD Emerging Markets Corporates Overall Index spread saw a modest 2bps tightening. However, risks stemming from further US dollar appreciation remain.
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www.spglobal.com
https://www.spglobal.com/marketintelligence/en/mi/research-analysis/17122015-Credit-Risk-appetite-returns-as-Fed-takes-historic-step.html
Earnings Estimate Revisions for Vertiv Holdings Co. This company is expected to earn $2.35 per share for the fiscal year ending December 2024, which represents a year-over-year change of 32.8%. Analysts have been steadily raising their estimates for Vertiv Holdings Co. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.5%. Bottom Line Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating.
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finance.yahoo.com
https://finance.yahoo.com/news/know-vertiv-holdings-co-vrt-160009510.html
Choice Hotels Intl (CHH) had its Relative Strength (RS) Rating upgraded from 77 to 81 Wednesday. IBD's proprietary RS Rating tracks market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database. Over 100 years of market history reveals that the market's biggest winners typically have an…
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www.investors.com
https://www.investors.com/ibd-data-stories/choice-hotels-intl-clears-technical-benchmark-hitting-80-plus-rs-rating-3
Moody's Investors Service has assigned an A2 rating to Valparaiso University's 2014 bond issuance with a stable outlook, which indicates low risk to investors. The global credit rating, research and risk analysis firm has also affirmed Valpo's A2 rating on outstanding debt, which, according to the report, reflects the University's conservative financial management driving positive operations and generating sound debt service coverage. "This rating is a positive indicator of Valparaiso University's strength, particularly at a time when higher education faces significant challenges," said John A. Palmucci Jr., senior vice president for finance and administration. "We're pleased Moody's believes investing in Valpo is a financially sound decision." Valpo's A2 rating is at the median rating of more than 280 rated private colleges and universities.
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www.valpo.edu
https://www.valpo.edu/valparaiso-university-achieves-positive-rating-by-moodys-outlook-is-stable
This is according to a report by rating agency Standard and Poor's, which noted that Capitec has disrupted the banking sector in recent years to become a "serious challenger in the mass and middle market retail banking space".
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businesstech.co.za
https://businesstech.co.za/news/banking/122483/fight-to-be-the-biggest-bank-in-sa
The big 3 credit ratings firms seem to have missed nearly every major crisis, collapse, bankruptcy and default of the past few decades. The fear is that they will – belatedly, and without providing any meaningful insight (beyond CYA) further pummel Greek government bonds by lowering their ratings for Greece. The fear that Standard & Poor's and/or Moody's will soon lower the boom ( Fitch already has ) has Gold rallying, and the US dollar up 0.135 (0.17%). MarketBeat reports that spreads on Greek borrowing has widened vs Germany to 3.55%, and the cost of insuring a Greek government bond against default for five years, has hit about $397,000 annually (up from $382,000 yesterday). Equities down 2% at one point, have climbed back to down 1% or less. It just goes to show you that Ratings Agencies are no different than analysts: You don't need them in a Bull market, and you don't want them in a Bear market. .. ~~~ And the markets? They are none too happy about all this:
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www.ritholtz.com
http://www.ritholtz.com/blog/2010/02/credit-rating-firms-worthless
10x Genomics (TXG) stock saw a positive improvement to its Relative Strength (RS) Rating on Thursday, rising from 68 to 76. Can You Really Time The Stock Market? This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to other publicly…
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www.investors.com
https://www.investors.com/news/10x-genomics-stock-earns-rs-rating-upgrade
In addition, the company's senior unsecured debt and issuer ratings have been recently upgraded by Moody's to Baa2 from Baa3; the agency also mentioned the company's improvement in asset quality and long-term growth profile. Another fund betting on Columbia Property Trust Inc (NYSE:CXP) is Lee Ainslie 's Maverick Capital, which has also raised its stake by 5% on the quarter to 4.23 million shares held at the end of September. In addition, Dmitry Balyasny 's Balyasny Asset Management doubled its stake to 860,800 shares during the same period. So with REITs being among hot stocks so far this year, with the S&P 500 Real Estate Investment Trust Composite returning around 23% versus the S&P 500 gains of 11%, should smaller investors also consider betting on this relatively cheap dividend plays, even though the majority of big funds do not allocate significant portions of their portfolios for this segment. Disclosure: none
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www.insidermonkey.com
https://www.insidermonkey.com/blog/columbia-property-trust-inc-cxp-40-north-management-ups-exposure-to-top-holding-336099
On Jun 30, 2016, Chubb Limited (NYSE: CB ) reached a 52-week high of $130.77. The upside in the stock was most likely driven by favorable rating assessment from the rating agency A.M.Best and the recent dividend hike by the company. Investors' confidence in the stock has been cemented as A.M. Best reiterated the financial strength rating of A++ (Superior) of most subsidiaries of the company. The rating agency also removed the subsidiaries from under review with negative implications. Investors are highly optimistic on Chubb after it was acquired by ACE Limited. This led to the formation of a global leader in commercial and personal property and casualty insurance, with an exceptionally balanced product portfolio, a broad and deep global presence, extensive distribution channel capabilities, and the ability to serve a diverse array of commercial and personal customers.
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www.investing.com
https://www.investing.com/analysis/chubb-hits-52-week-high-on-rating-action,-dividend-hike-200139529
Dr. Al-Fayez stated: "During the last 18 months, GIB has been upgraded by all three major international credit rating agencies, Fitch, Moody's and Standard & Poor's. The upgrades in GIB's ratings provide an important independent validation of the bank's GCC-focused merchant banking strategy. The upgrade in the Standard & Poor's rating to A-, which follows an upgrade in the Fitch rating to A- in December 2003, also represents a transition across an important threshold as recognised by the new Basel II capital adequacy proposals which assign significantly lower capital requirements to banks rated A- and above". Dr. Al-Fayez explained that under the new Basel II capital adequacy guidelines, capital requirements will be determined based on credit ratings. It is therefore important that banks strive to achieve the highest possible credit ratings.
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www.albawaba.com
http://www.albawaba.com/business/standard-poor’s-upgrades-rating-gulf-international-bank
Ford Motors on Tuesday received its investment grade credit rating which has allowed the second largest U.S. automaker to reclaim its Blue Oval insignia and other assets it mortgaged in 2006 to fund its turnaround plans. Moody's Investor Service credited the world class automaker with Ba2 from its previous standing in the Baa3, which has allowed speculations that Ford Motors will improvise in the future without facing a down turns. Moody's also predicts on Ford Motors that within next year it will be rated in Ba1 credit rating considering the value and serious expansion plans of the second largest automaker in the U.S. The ratings from Moody's investor Service comes at a crucial time for the Ford Motors. Ford Motors had lost its credit rating and fell completely out of all the first three sections when it had borrowed $23.5 billion to fund its restructuring plans. Ford Motors continued to use the Blue Oval icon and other assets.
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www.autoworldnews.com
http://www.autoworldnews.com/articles/1628/20120528/ford-motors-rate-investment-grade-moodys-investor-service-ford-motors-blue-oval-bill-ford-jr.htm
Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Kroll Bond Rating Agency UK is located at 1 Connaught Place, 2nd Floor London, England.
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www.finanznachrichten.de
https://www.finanznachrichten.de/nachrichten-2025-09/66582416-kroll-bond-rating-agency-llc-kbra-assigns-preliminary-ratings-to-uk-logistics-2025-2-dac-004.htm
Moody's has also affirmed the bank's foreign and local currency bank deposit ratings of Ba1/NP, foreign currency senior unsecured MTN program rating of (P)Ba1, and Baseline Credit Assessment (BCA) and adjusted BCA of ba2. At the same time, Moody's has affirmed the bank's counterparty risk assessment (CR Assessment) of Baa3(cr)/P-3(cr) and domestic and foreign currency counterparty risk rating (CRR) of Baa3/P-3.
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www.newsexperts.in
https://www.newsexperts.in/moodys-affirms-yes-banks-ratings-outlook-changed-stable-negative
"This move brings S&P's rating in line with Moody's, which downgraded China to A1 from Aa3 in May. So now all three major ratings agencies have China on similar ratings with stable outlook. Shouldn't be much impact judging from the market reaction following the Moody's downgrade a few months back. China's domestic bond market is largely onshore driven.
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www.reuters.com
https://www.reuters.com/article/us-china-economy-rating-downgrade/sp-downgrades-chinas-rating-citing-increasing-economic-financial-risks-idUSKCN1BW19N
Last week, the rating agency CRISIL has revised its outlook on the long-term debt instruments (excluding Basel III Tier I) of 18 public sector banks (PSB) to 'Stable from 'Negative', while reaffirming their ratings. "The revision in outlook is primarily driven by government's PSB recapitalisation programme for this fiscal, which will improve the financial risk profile of these banks and also help them meet Basel III regulatory capital norms, and provide cushion against expected rise in provisioning for non-performing assets (NPAs)," CRISIL said in a press release. The ratings on Basel III Tier I bonds of nine PSBs have also been reaffirmed, and the outlook has been retained as 'Negative'.
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www.business-standard.com
https://www.business-standard.com/amp/article/markets/nifty-psu-bank-index-recovers-3-from-intra-day-low-118020500285_1.html
U.S.-based credit rating agency Moody's raised its growth projection for the Turkish economy to 2.6 percent from 2.2 percent in April and then to 3.7 percent in August. Another U.S.-based credit rating agency also announced that it upgraded the Turkish economy projections for 2017 after the release of the first quarter data. Previously, the agency predicted that the Turkish economy will grow 2.3 percent and 1.3 percent in 2017 and 2018, respectively. However, the estimates of Fitch have been revised up to 4.7 percent and 4.1 percent for the same periods.
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www.dailysabah.com
https://www.dailysabah.com/economy/2017/12/15/intl-finance-institutions-expected-to-raise-turkeys-growth-estimates/amp
"In particular, strong revenue gains have been largely driven by above-expectations corporate tax receipts, which have increased from less than 10% of total revenue in 2014 to 17.2% in 2018, having benefited from the increased presence of multinational corporations. On the other hand, health-related expenditure has consistently exceeded budgeted spending," Moody's noted. "This suggests that volatility in corporate tax receipts could pose a risk to public finances." Moody's said that based on Exchequer calculations, a disorderly Brexit could cause the budget deficit to widen to between 0.5%-1.5% of GDP in 2020. Moody's rates Ireland's sovereign debt as A2 with a stable outlook, saying robust economic growth and prudent policy should yield a further reduction in public debt.
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www.belfasttelegraph.co.uk
https://www.belfasttelegraph.co.uk/business/northern-ireland/economy-in-republic-strong-but-hard-brexit-a-risk-moodys-38379716.html
Research suggests that use of ExactechGPS guided personalized surgery and Exactech's Newton ligament-driven balancing technique can yield clinically significant improvements on postoperative Knee Society Knee and Function scores when compared to traditional navigated gap balancing methods. The study evaluated the clinical outcomes of a total of 200 patients who underwent computer-assisted cemented, posterior-stabilized total knee replacement with gap balancing at 0 and 90° compared to patients with full-range gap balancing leveraging GPS and the Newton knee balancing technique. The results demonstrated that Exactech's ligament-driven knee technology did not significantly increase operative time, and that on average, patients experienced an eight-hour shorter hospital stay and yielded clinically significant improvements on Knee Society Knee and Function scores.
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www.orthoworld.com
https://www.orthoworld.com/study-results-exactech-technologies-improve-patient-outcomes
Finance of America Reverse (FAR) has been recognized as a solid performer in the reverse mortgage market, earning a "stable" rating from DBRS Morningstar. The rating agency confirmed FAR's MOR RVO2 ranking, reflecting confidence in the company's operations and stability as a reverse mortgage originator. DBRS Morningstar highlighted Finance of America's (FOA) shift in focus over the past year, particularly its exit from the traditional mortgage business and its acquisition of American Advisors Group (AAG). This strategic pivot has allowed FOA to concentrate more on reverse mortgages, a niche where it continues to solidify its presence.
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www.mpamag.com
https://www.mpamag.com/us/specialty/reverse/foa-maintains-stable-reverse-mortgage-rating-from-dbrs/500840
Volatile metals and oil prices, uncertainties over BHP's financial policy and liabilities tied Samarco are key to the credit assessor's outlook, he said. "Our balance sheet strength has been maintained with both cash flow and gearing metrics within our target ranges, liquidity of $16 billion and a long-dated debt maturity profile," BHP said in an e-mailed statement. The producer seeks to ensure its strategy supports a solid 'A' credit rating, it said in an annual report published Wednesday.
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www.moneyweb.co.za
https://www.moneyweb.co.za/news/companies-and-deals/bhp-battles-rating-risks/
Simon invests in shopping malls, primarily under its "Premium Outlets" and "The Mills" brand names. The company currently owns nearly 230 properties with 188.6 million rentable square feet. In fact, Simon Property Group is the largest public REIT of any type, and has a rock-solid balance sheet and an A/A2 credit rating – among the best in the business.
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www.fool.com
https://www.fool.com/investing/general/2016/02/05/3-great-dividend-stocks-on-sale-now.aspx
The first mention of the company: Reinsurance Group of America ( RGA -7.86% ) reported a quarter marked by increased capital flexibility, driven by balance sheet optimization and rating agency recognition of value in-force credits. Management emphasized a diversified global pipeline, highlighting historic success in asset-intensive transactions across five countries and strong growth in Asia and EMEA, particularly in premium expansion and new business activity. Executives directly linked near-term margin and earnings headwinds to claims volatility and healthcare excess losses, but maintained confidence in repricing measures, portfolio quality, and ongoing strategic momentum. They clarified that the quarter's results do not prompt changes in run rate assumptions or intermediate-term financial targets.
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www.fool.com
https://www.fool.com/earnings/call-transcripts/2025/08/01/rga-q2-2025-earnings-call-transcript
Great Lakes Dredge & Dock (NASDAQ: GLDD ) anunció que S&P Global Ratings ha mejorado la calificación crediticia del emisor de la compañía a 'B-' desde 'CCC+'. La mejora se basa en ingresos y rentabilidad mejorados en la primera mitad de 2024, así como en un fuerte backlog y premios recientes que brindan visibilidad sobre flujos de efectivo mejorados hasta 2025. S&P espera que Great Lakes continúe expandiendo sus ingresos y mejorando la rentabilidad durante el resto de 2024 y hasta 2025.
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www.stocktitan.net
https://www.stocktitan.net/news/GLDD/great-lakes-receives-s-p-global-ratings-upgrade-to-7m5gpc2ca10x.html
Analysts have been steadily raising their estimates for AptarGroup. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.2%. Bottom Line Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating.
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www.zacks.com
https://www.zacks.com/stock/news/1037330/all-you-need-to-know-about-aptargroup-atr-rating-upgrade-to-strong-buy/?art_rec=blog-tale_of_the_tape-up_next-ID01-img-1037330
" Marika Fredriksson, Executive Vice President and CFO of Vestas, states " As wind energy demand continues to grow, Vestas aims to sustain its leadership and a strong balance sheet is key to provide attractive solutions to our customers. With a Baa1 rating, we secure access to attractive funding sources and it allows Vestas to diversify and optimise its funding structure in favour of long-term attractive terms ." A key driver of Moody's decision to assign a Baa1 Issuer Rating to Vestas is furthermore the expectation that the company with its market leading position in the wind power industry, will benefit from the global efforts to reduce carbon emissions and the trend towards renewable energy sources.
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evwind.aeeolica.org
https://evwind.aeeolica.org/2021/02/01/vestas-receives-baa1-credit-rating-underlining-vestas-strong-liquidity-profile-and-expectations-for-the-wind-power-industry/79104
In addition, Kimco's active development and redevelopment pipeline is encouraging. Balance Sheet Strength: The company maintains a solid balance-sheet position with ample liquidity. It exited third-quarter 2022 with $2 billion of immediate liquidity and a net debt to EBITDA of 5.9X. KIM also enjoys investment-grade credit ratings of BBB+ from S&P Global Ratings and Baa1 from Moody's, giving it favorable access to the debt market. Its well-laddered debt maturity schedule and strong financial flexibility have positioned it well to capitalize on long-term growth opportunities.
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au.news.yahoo.com
https://au.news.yahoo.com/heres-why-kimco-realtys-kim-141002794.html
Late on Wednesday, Home Capital disclosed that it had sold a 38 percent stake in itself to an insurance unit of Mr. Buffett's Berkshire Hathaway, at a deeply discounted price of 400 million Canadian dollars, or about $300 million. Moreover, it accepted a 2 billion Canadian dollar loan from Mr. Buffett's group, carrying a 9 percent interest rate, to replace an existing and slightly more expensive credit line. It is the latest instance of Mr. Buffett entering into a financially fraught deal that most other lenders would avoid. Mr. Buffett operates with advantages envied throughout the business world. His empire, and in particular its vast insurance operation, which includes Geico, generates enormous sums of cash, with $84 billion on its books as of March 31. Berkshire carries one of corporate America's highest credit ratings. And Mr. Buffett favors moving quickly and decisively.
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talkingbiznews.com
https://talkingbiznews.com/media-moves/coverage-buffett-invests-1-8-million-in-canadian-lender
SA received a reprieve from Moody's on Friday night, with the agency remaining the most generous of the big three credit rating agencies in being the only one to still rate both foreign- and local-currency South African government bonds as "investment grade". As expected, Moody's placed SA's rating on review for a downgrade. Moody's maintained its sovereign rating for SA at Baa3, which equates to BBB- in S&P's and Fitch's nomenclature. This is one rung above junk status.
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www.timeslive.co.za
https://www.timeslive.co.za/news/south-africa/2017-11-24-moodys-maintains-sas-rating-above-junk-at-baa3
naphtalina/iStock via Getty Images By Snehasish Chaudhuri, MBA (Finance). Invesco Exchange-Traded Fund Trust - Invesco Financial Preferred ETF ( NYSEARCA: PGF ) is an exchange-traded fund ("ETF") that invests in U.S. dollar-denominated investment grade preferred securities issued by financial companies. It invests only in long-term
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seekingalpha.com
https://seekingalpha.com/article/4577433-pgf-a-preferred-etf-of-financial-institutions-with-decent-and-stable-yield
PNB expects 14 billion rupees from the sale of its headquarters in New Delhi and may also pare its stakes in brokerage PNB Gilts Ltd. and PNB Housing Finance Ltd., the people said. PNB didn't immediately reply to an email seeking comment and Finance Ministry spokesman DS Malik didn't answer a phone call. Earlier this week, Moody's Investors Service placed under review for downgrade PNB's local and foreign currency deposit rating of Baa3/P-3 and Baa3 foreign currency issuer rating, citing the risk of a weakening of the bank's standalone credit profile due to fraudulent transactions. The transactions represent about 230 basis points of the bank's risk-weighted assets as of 31 December 2017, the rating firm said. PNB's capital position would deteriorate markedly, and fall below minimum regulatory requirements, if the bank is required to provide for the entire exposure of the fraud. according to Moody's.
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www.financialexpress.com
https://www.financialexpress.com/industry/scam-hit-pnb-is-said-to-bank-on-bhushan-steel-sale-for-capital-boost/1075486
TORONTO, Jan. 11, 2022 (GLOBE NEWSWIRE) — International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that international credit rating agencies Moody's and S&P Global Ratings have assigned corporate credit ratings to IPC. Moody's has assigned a credit rating of B1 with stable outlook and S&P Global Ratings has assigned a credit rating of B with Stable Outlook.
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financialpost.com
https://financialpost.com/globe-newswire/international-petroleum-corporation-announces-corporate-credit-ratings
BNP Paribas was the first choice for A Plus Finance as the Bank has the highest credit rating of any custodian and has the strength of one of the largest banking groups in the world. These factors coupled with its expertise in private equity and breadth of services made BNP Paribas the best solution for its growth ambitions. Set up in 1998, A Plus Finance is an asset management company specialising in private equity and the management of innovation mutual funds ('FCPI') and local investment funds ('FIP').
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www.finextra.com
https://www.finextra.com/pressarticle/23655/bnp-paribas-wins-a-plus-finance-mandate
ONGC, Power Grid, NTPC, Tata Power: S&P Global Ratings has raised the issuer credit ratings of ONGC, Power Grid Corporation of India, NTPC, and Tata Power to 'BBB' from 'BBB-'. The outlooks are stable.
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www.businesstoday.in
https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-knowledge-reit-voda-idea-glenmark-pharma-vedanta-banks-nbfcs-489757-2025-08-18
Shares in Tango maker Britvic fizzed after City analysts predicted that the FTSE 250 company was well-equipped to ride out the Government's war on Britain's sweet tooth. The soft drinks giant is successfully fending off the threat of climbing costs through its savings programme and the impact of the upcoming sugar tax is likely to be "relatively minor", Morgan Stanley argued in a ratings upgrade to "overweight". The sugar tax will be introduced in April and companies are reformulating their fizzy drinks to help them squeeze under the threshold, as a 24p per litre levy for certain beverages looms. The Government hopes that the costs of the tax will be passed through the supply chain by drinks manufacturers and push up the price of high-sugar drinks to tackle obesity.
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www.telegraph.co.uk
https://www.telegraph.co.uk/business/2018/03/08/market-reportbritvic-shares-fizz-rating-upgrade
Mumbai: Recovery of stressed assets through the Insolvency and Bankruptcy Code (IBC) was two-times at Rs 70,000 crore compared to that through other mechanisms in 2018-19 but resolution timelines for bad loans still remains an issue, according to a report by Crisil. In 2018-19, recovery of stressed assets through IBC doubled to Rs 70,000 crore as against Rs 35,000 crore recovered using other resolution mechanism including Debt Recovery Tribunal (DRT), Securitisation and Reconstruction of Financial Assets (Sarfaesi), Enforcement of Securities Interest Act, and Lok Adalat, rating agency Crisil said in a report. According to its president Gurpreet Chatwal, the recovery rate for the 94 cases resolved through IBC by FY2018-19 is 43 per cent, compared with 26.5 per cent through earlier resolution mechanisms. "What's more, the recovery rate is also twice the liquidation value for these 94 cases, which underscores the value maximisation possible through the IBC process, Chatwal said.
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www.deccanchronicle.com
https://www.deccanchronicle.com/business/in-other-news/150519/ibc-process-helps-recover-rs-70000-cr-bad-loans-in-fy19-report.html
Improvements in operating performance have influenced Moody's Investors Service to upgrade Transport for London's (TfL's) long-term debt rating. Photo: Shutterstock. The upgrade of its long-term rating changed from Baa1 (moderately risky) to A3 (low credit risk), whilst the outlook for TfL's debt changed from stable to positive. Moody's stated the upgrade in TfL's long-term debt rating reflects it improvement in operating performance, which in part reflects strong governance, that Moody's expects to be sustained, and removes the need for financial support to achieve operating surpluses from the 2024 fiscal year. Rachel McLean, TfL's chief investment officer, welcomed the upgrade but highlighted the need for capital investment support from the government next year and a longer term capital funding agreement.
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www.room151.co.uk
https://www.room151.co.uk/151-news/moodys-upgrades-tfls-long-term-debt-rating
However, S&P has revealed that it expects to raise the rating on Coventry to "BBB+" within a year. This is only one notch below Aetna's rating. However, the rating is open to revision based on Coventry's financial results until the closure of the acquisition. Furthermore, the debt rating on Coventry's debt is expected to be raised to the level with Aetna's debt rating after the acquisition as the latter will take over the entire debt of the former.
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finance.yahoo.com
http://finance.yahoo.com/news/coventry-healthcare-earns-bullish-review-203935704.html
The share of houses seeing prices rise in value is well above the national average, according to data tracked by Zillow. And after struggling for years to rein in spending and tame a large pile of debt, officials in Sacramento have apparently steered the state's finances on a more sustainable course. In June, bond rater Moody's upgraded the state to an Aa3 credit rating, citing a "rapidly improving financial position," declining debt, and strong job growth. CORRECTION: Moody's upgraded California to an Aa3 rating.
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www.cnbc.com
https://www.cnbc.com/2014/09/19/california-economy-stands-up-to-natures-wrath.html
CHESHIRE, Conn., Jan. 25, 2022 /PRNewswire-PRWeb/ -- HAI Group, the nation's leading member-owned property-casualty insurance company for the affordable housing industry, is proud to announce that AM Best has affirmed their Financial Strength Rating (FSR) of 'A (Excellent)' and Issuer Credit Rating (ICR) of 'a+.' The outlook for both the FSR and ICR continue to be stable.
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www.prweb.com
https://www.prweb.com/releases/am-best-affirms-financial-strength-rating-of-a-excellent-and-issuer-credit-rating-of-a-for-hai-group-814891955.html
The proposed bond's Ba2 senior secured rating reflects the airport's strong market position and robust passenger traffic, which would likely grow at a high single-digit percentage per annum over the next 18 months under Moody's base case scenario, it said. The rating agency however, said Delhi Airport's ratings are constrained by its planned capacity expansion, which would exert downward pressure on its financial metrics, the evolving regulatory environment in India and its obligation to pay 45.99 per cent of its revenue to the Airports Authority of India as a concession fee. After accounting for the proposed USD notes, Moody's expects that DIAL's funds from operations/debt would remain weak over the next 2-3 years, with a very limited buffer above the minimum tolerance level of 3-4 per cent Moody's said.
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www.asianage.com
https://www.asianage.com/amp/business/companies/070519/gmr-to-raise-usd-350-million-via-bonds-for-delhi-airport-expansion.html
Global credit ratings agency Fitch Ratings said although insured losses could escalate "substantially" as the floods engulf Brisbane and Ipswich, Australia's major insurers have comprehensive reinsurance protections for earnings and claims payments. Suncorp Group Ltd originated $1.9 billion in premiums from Queensland in the 12 months to June 30, 2010, giving it the biggest exposure to the flood-ravaged state of all major insurers.
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www.smh.com.au
https://www.smh.com.au/business/major-insurers-covered-for-floods-fitch-20110112-19nxv.html
Foolish takeaway Both Whiting as well as Kodiak are rated Ba2 by Moody's -- in other words, their credit ratings are just below investment grade. However, as these companies mature and stabilize, they should likely be bumped up to investment grade status. In the meantime, long-term investors in these companies should witness solid returns in 2014 and beyond.
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www.aol.com
https://www.aol.com/2013/12/19/continental-resources-upgraded-what-it-means-for-o
Microsoft belongs on the. As many know, Microsoft is only one of two companies that holds a AAA credit rating from Moody's. The other company is Johnson & Johnson (NYSE:). However, since that company could lose that rating soon, this arguably makes Microsoft stock the safest individual equity in existence. If these attributes do not justify it becoming a FAANG, I do not know what will.
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www.nasdaq.com
https://www.nasdaq.com/articles/consider-purchasing-microsoft-stock-while-it-is-still-a-buy-2019-11-05?amp
Citi analyst Asiya Merchant cited stabilizing automotive trends as a key factor in the upgrade decision, noting that auto represents approximately 40% of TE Connectivity's total revenues. Recent data points in the automotive market suggest conditions have stabilized. With a market capitalization of $51.9 billion and a P/E ratio of 38.02, TE Connectivity trades at premium valuations relative to its peers in the Electronic Equipment sector.
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www.investing.com
https://www.investing.com/news/analyst-ratings/citi-upgrades-te-connectivity-stock-to-buy-on-auto-market-stabilization-93CH-4131363
Now Ford is on the cusp of reclaiming that trademark free and clear -- a milestone that Ford executive Mark Fields says would be a "huge emotional lift" for the company and its employees.
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www.forbes.com
https://www.forbes.com/sites/joannmuller/2012/01/10/freedom-for-fords-blue-oval-on-the-horizon
The company was formed in June 2021 as a Maryland Corporation and commenced operations in May 2022. The company is managed by Blue Owl Technology Credit Advisors II LLC, an indirect subsidiary of Blue Owl Capital, Inc. (NYSE: OWL), which had approximately $144.4 billion of AUM as of March 31, 2023. The company's investment strategy coincides with the strategies of Blue Owl Technology Finance Corporation (KBRA Issuer/ Senior Unsecured Debt ratings of BBB/ Stable Outlook), and Blue Owl Technology Finance Corporation II (KBRA Issuer/ Senior Unsecured Debt ratings of BBB/ Stable Outlook). Blue Owl's technology lending products had approximately $17.2 billion of AUM as of March 31, 2023. Rating Sensitivities A rating upgrade is not expected in the near future.
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www.businesswire.com
http://www.businesswire.com/news/home/20230706295117/en/KBRA-Assigns-Rating-to-Blue-Owl-Technology-Income-Corporations-100-Million-Senior-Unsecured-Notes-due-2026
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Zymeworks imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Harnessing the Power of Earnings Estimate Revisions Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
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www.zacks.com
https://www.zacks.com/stock/news/2245066/zymeworks-zyme-upgraded-to-buy-what-does-it-mean-for-the-stock?cid=CS-ZC-FT-tale_of_the_tape%7Cyseop_template_12_zacks_rank_upgrade-2245066
The counter has seen huge trading volumes with a combined 63.61 million shares changed hands on the BSE and NSE so far. Moody's Investors Service, ("Moody's") on Tuesday, February 27, 2018, has affirmed the long-term local and foreign currency bank deposit rating of the bank at B1, and changed the outlook to positive from stable. The positive outlook reflects the upward pressure that could develop on the bank's long-term rating, if its credit fundamentals -- namely the capital position -- continue to improve over the next 12-18 months due to capital infusions from the Indian government, Moody's said in a press release. Based on the announced allocations of this capital to individual banks, IDBI will receive Rs 78.81 billion in new capital by March 2018. Moody's continues to assume a very high probability of government support for IDBI, resulting in three-notch uplift to the deposit rating from the baseline credit assessment (BCA).
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www.business-standard.com
https://www.business-standard.com/amp/article/markets/idbi-bank-gains-8-in-weak-market-118030100579_1.html
Moody's net cash flow (NCF) reflects a weighted average haircut of 27% to the most recently available net operating income (NOI). Moody's value reflects a weighted average capitalization rate of 9.8%. Moody's actual and stressed conduit DSCRs are 1.43X and 1.17X, respectively, compared to 1.52X and 1.22X at the last review. Moody's actual DSCR is based on Moody's NCF and the loan's actual debt service. Moody's stressed DSCR is based on Moody's NCF and a 9.25% stress rate the agency applied to the loan balance. The loan with a structured credit assessment is the Silver Sands Factory Stores Loan ($100 million -- 10.6% of the pool), which is secured by a 442,000 square foot retail outlet center located in Miramar, Florida. The center is currently known as "Silver Sands Premium Outlets". As of June 2020, the property was 90% leased, compared to 89% as of December 2018.
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finance.yahoo.com
https://finance.yahoo.com/news/morgan-stanley-bank-america-merrill-001005479.html
We believe Highwoods' efforts to improve its portfolio base pave the way for bottom-line growth in the future. In particular, the company has been focusing on shifting its portfolio mix to high growth markets and offloading its asset base in non-core markets. Moreover, Highwoods has a decent balance sheet position and the recent credit rating upgrade from Fitch Ratings boosts the company's creditworthiness.
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finance.yahoo.com
http://finance.yahoo.com/news/updated-research-report-highwoods-142019799.html
San Miguel Corp.'s Bank of Commerce has secured a robust credit rating and outlook courtesy of the Philippine Rating Services Corp. (PhilRatings), taking into consideration the bank's opportunities for growth, consistent profitability, and highly-experienced management. PhilRatings has conferred upon BankCom an issuer credit rating of PRS Aa plus (corp.) accompanied by a "Stable Outlook." An issuer credit rating is an opinion on the general and overall creditworthiness of the company, evaluating its ability to meet all its financial obligations within a time horizon of one year, PhilRatings said.
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bilyonaryo.com
https://bilyonaryo.com/2023/09/05/stability-and-growth-bankcom-earns-strong-credit-rating-and-outlook-from-philratings/money/
The upgrade is a result of several factors, most notably the hospital's comprehensive debt recapitalization and permanent direct debt payment. In addition, the credit agency noted the hospital's significant financial turnaround. Moody's unfavorably viewed Mercy Hospital's small size in a very competitive market. The outlook revision to positive reflects the significant turnaround Mercy Hospital had in the last fiscal year. Moody's expects the improvements to continue. More articles on healthcare finance: California hospital weighs closure of nursing facility Avadyne Health adds to board: 4 things to know Mayo Clinic Care Network hospital in Kentucky renews contract with IT company
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www.beckershospitalreview.com
https://www.beckershospitalreview.com/finance/moody-s-upgrades-mercy-hospital-to-ba3-after-sizable-debt-payment.html
TD Bank is one of the top 10 best banks in North America with a significant presence in the United States. Known for its strong credit ratings and financial stability, TD offers a wide array of services, from personal and commercial banking to wealth management. The bank's prudent risk management, extensive retail network, and strong digital banking platform contribute to its reputation as one of the safest banks in the region.
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www.globalcitizensolutions.com
https://www.globalcitizensolutions.com/the-top-50-safest-banks-in-europe
The increasing use of aluminium vis-à-vis steel in automobiles in the US market is a big positive for Novelis, which is focusing on and expanding its auto-based capacities. Abhijeet Naik and Nitij Mangal at CLSA expect the share of high-margin auto segment in Novelis' volumes to rise from nine per cent in FY14 to 20 per cent in FY17, driving strong growth in Ebitda. Improving margins in standalone and global operations should boost consolidated earnings over the next few years. These should hopefully also ease the high debt concerns. Rating agency CRISIL had on June 20 downgraded Hindalco's rating by a notch on long-term bank facilities and debt programmes to 'CRISIL AA/Stable' as it believes capacity ramp-up will happen over around 1.5 years and weak aluminium prices will continue impacting realisations.
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www.business-standard.com
https://www.business-standard.com/amp/article/opinion/hindalco-triggers-setting-in-114070101381_1.html
NIO ( NYSE:NIO – Get Free Report ) last issued its earnings results on Tuesday, September 2nd. The company reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of ($0.30) by ($0.02). NIO had a negative net margin of 34.71% and a negative return on equity of 589.46%. The business had revenue of $2.65 billion during the quarter, compared to analysts' expectations of $20.07 billion. During the same period in the prior year, the business posted ($2.21) EPS. The business's revenue was up 9.0% on a year-over-year basis. NIO has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that NIO will post -1.43 EPS for the current year.
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www.thestockobserver.com
https://www.thestockobserver.com/2025/09/16/nio-nysenio-stock-rating-upgraded-by-ubs-group.html
MANILA, Philippines - BDO Leasing and Finance Inc., a subsidiary of BDO Unibank Inc., obtained an above average rating from the Philippine Ratings Services Corp. for its P15 billion short-term commercial paper issuance. In a statement, PhilRatings said it assigned an issue credit rating of PRS 2 to BDO Leasing's STCP flotation. The rating is just a notch below the top grade of PRS 1. The additional P10 billion in STCPs that the company applied for in the third quarter were similarly rated PRS 2. A rating of PRS 2 is defined as "above average (strong) capability for payment of the issue on both interest and principal."
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www.philstar.com
https://www.philstar.com/business/2014/12/04/1398692/bdo-gets-above-average-rating
MANILA — Monday's upgrade by Fitch Ratings on the Philippines' investment grade to 'BBB' from 'BBB-' with Stable outlook lifted both the peso and the Philippine Stock Exchange index (PSEi) on Monday.
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canadianinquirer.net
https://canadianinquirer.net/2017/12/12/upgrade-on-phs-credit-ratings-boosts-peso-psei
The company holds the No. 8 rank among its peers in the Building-A/C & Heating Products industry group. CSW Industrials ( CSWI ), Comfort Systems USA ( FIX ) and Watsco B ( WSOB ) are among the top 5 highly rated stocks within the group.
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www.investors.com
https://www.investors.com/ibd-data-stories/aaon-scores-relative-strength-rating-upgrade-hits-key-benchmark
Federal National Mortgage Association (OTCQB:FNMA), commonly known as Fannie Mae, provides mortgage financing solutions in the United States, including the securitization and purchase of various types of residential and multifamily mortgage loans, as well as credit enhancement for bonds and investments in housing projects. It reported a strong performance in the third quarter, achieving $4.0 billion in net income.
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www.insidermonkey.com
https://www.insidermonkey.com/blog/jim-cramer-thinks-these-13-stocks-will-benefit-from-the-new-administration-1400401/?singlepage=1
The total collateral might increase by as much as $25 million through the addition of equipment contracts during a three-month prefunding period, according to Kroll Bond Rating Agency, which plans to issue ratings to the notes. The transaction, VFI 2022-1, will issue four classes of notes, to which KBRA expects to assign ratings ranging from 'AAA' on the $141.6 million class A notes to 'BB' on the $5.7 million, class D notes, KBRA said. Keybanc Capital Markets will be the initial note purchaser. The trust will repay the noteholders on a sequential basis. The notes benefit from subordination, overcollateralization, a reserve account, and a cumulative net loss trigger provision to ensure that the trust continues to perform well in repaying noteholders, KBRA said. The reserve account holds an amount equal to about 1.5% of the note balance; it is non-amortizing, and therefore grows as a percentage of the pool balance over time.
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asreport.americanbanker.com
https://asreport.americanbanker.com/news/varilease-finance-sponsors-its-first-abs-deal-a-170-8-million-transaction
A.M. Best also has affirmed the Long-Term ICR of "bbb-" of Fidelis Insurance Holdings Limited [Bermuda], the ultimate holding company. Concurrently, A.M. Best has affirmed the Long-Term Issue Credit Rating of "bb" on Fidelis Insurance Holdings Limited's $304 million [$248.7 million currently outstanding] 9% cumulative preference shares, due 2050. The outlook of these Credit Ratings [ratings] is stable.
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bernews.com
https://bernews.com/2018/07/m-best-affirms-credit-ratings-fidelis-2
The rating agency reiterated Futu's good share in Hong Kong's retail brokerage market along with strong capitalization and adequate risk controls. With an estimated 10% market share in Hong Kong's retail stock trading sector, S&P believed the company will continue to leverage its brand name, good user experience, and stable technology infrastructure to support its business growth.
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www.prnewswire.com
https://www.prnewswire.com/apac/news-releases/sp-expects-a-steady-increase-in-futus-overseas-client-base-reaffirms-its-bbb--rating-301899672.html
The banks' local currency deposit ratings, ranging from Baa1 to Aa3, continue to derive from the unchanged Aa2 Local Currency Deposit Ceiling (LCDC) assigned to the UAE. The other rated banks are Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Dubai Islamic Bank, Emirates Bank International, First Gulf Bank, MashreqBank, National Bank of Abu Dhabi, National Bank of Dubai, National Bank of Ras-Al-Khaimah and Union National Bank. According to Moody's rating methodology, the deposit ratings are based on the individual bank's Baseline Credit Assessment, the country LCDC and Moody's assessment of possible support (i.e. parental or systemic being provided to the bank in case of need).
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www.financialmirror.com
https://www.financialmirror.com/2007/07/27/moodyaes-upgrades-hsbc-uae-branches-maintains-other-uae-bank-ratings
Adtalem Global Education has risen more than 5% past an 80.18 entry in a first-stage consolidation, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to get in like a three-weeks tight or pullback to the 50-day or 10-week moving average.
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www.investors.com
https://www.investors.com/ibd-data-stories/adtalem-global-education-shows-rising-price-performance-with-jump-to-91-rs-rating
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of "a+" for Cavello Bay Reinsurance, a Bermuda-based subsidiary of Enstar. The outlook for both ratings is stable.
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www.insurancebusinessmag.com
https://www.insurancebusinessmag.com/reinsurance/news/breaking-news/am-best-affirms-a-rating-for-cavello-bay-with-stable-outlook-postenstar-sale-543502.aspx
Have you been eager to see how Moody's Corporation ( MCO - Free Report ), performed in Q2 in comparison with the market expectations? Let's quickly scan through the key facts from this NY-based credit rating giant's earnings release this morning: An Earnings Beat Moody's reported adjusted earnings of $1.51 per share, which beat the Zacks Consensus Estimate of $1.33. Results were primarily driven by a rise in revenues. How Was the Estimate Revision Trend? You should note that the earnings estimate for Moody's depicted bullish stance prior to the earnings release. The Zacks Consensus Estimate rose nearly 1% over the last 30 days. Further, Moody's has a decent earnings surprise history.
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www.zacks.com
https://www.zacks.com/stock/news/268408/moodys-mco-beats-on-q2-earnings-amp-revenue-estimates?cid=CS-NASDAQ-FT-268408
In addition, compared to the mechanical fastening of roofing membranes, adhesives eliminate thermal bridging, achieve high wind uplift ratings, and minimize risks of leaks and building damage during re-roofing. These benefits support H.B. Fuller's commitment to both innovation and sustainability. With industry-leading performance and patented ECO 2 Driven™ technology, Millennium PG-1 EF ECO 2 helps customers achieve their operational and sustainability goals while delivering value to roofing contractors and building owners. About H.B. Fuller As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE: FUL ) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people use every day.
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www.stocktitan.net
https://www.stocktitan.net/news/FUL/h-b-fuller-launches-industry-changing-commercial-roofing-adhesive-mq64m61uhh2x.html
"We are encouraged by Moody's decision to affirm Eskom's credit ratings. We view this action as evidence that we have made major strides in ensuring a secure electricity supply and in improving the company's financial profile, thereby enabling us to continue with timeously executing the required funding for the completion of the current build programme," said Singh. In its statement, the rating agency cited the power utility's continued successful access to funding with the support of the R350 billion Guarantee Framework Agreement (GFA) provided by government, and the company's stabilised operational performance as the rationale for their affirmation. Due to improved operational performance, Eskom has not implemented load-shedding since August 2015. In September 2016, Moody's placed Eskom on review for downgrade.
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businesstech.co.za
https://businesstech.co.za/news/energy/145881/moodys-affirms-eskom-credit-rating-at-negative
AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries - Seite 3 AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa+" (Superior) of the grouped subsidiaries of Chubb Limited (Chubb) (Zurich, Switzerland) [NYSE: CB]. These …
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www.wallstreet-online.de
https://www.wallstreet-online.de/nachricht/18815729-best-affirms-credit-ratings-of-chubb-limited-and-its-subsidiaries/3
We are proud to be part of Euronet Worldwide Inc. (NASDAQ: EEFT), with a multi-billion-dollar market capitalization and investment grade credit rating.
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www.wallstreet-online.de
https://www.wallstreet-online.de/nachricht/19602183-ria-money-transfer-and-xe-join-forces-with-google-to-collaborate-on-seamless-cross-border-money-transfers
International rating agency Standard & Poor's (S&P) announced on 19 March that had it affirmed its ratings on debt issued by Oman Liquefied Natural Gas (OLNG) and notes issued to finance Qatar's NGL-4 project.
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www.meed.com
https://www.meed.com/sp-affirms-ratings-on-oman-lng-and-qatar-unit
Africa Finance Corporation (AFC), the continent's leading infrastructure solutions provider, today announced that it has received an uplift to its credit ratings outlook from Moody's Investors Service, with the assignment of a "stable" outlook. This decision further solidifies AFC's position as one of the highest investment-grade African institutions, with Moody's affirming the Corporation's long-term issuer and senior unsecured ratings at A3, as well as AFC's short-term issuer rating at P-2.
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techdailypost.co.za
https://techdailypost.co.za/2024/09/27/moodys-affirms-africa-finance-corporations-afc-a3-rating-with-a-change-from-negative-to-stable-outlook
-- The transaction's credit enhancement, which is sufficient to withstand the defaults applicable for the supplemental tests (not counting excess spread), and cash flow structure, which can withstand the default rate projected by Standard & Poor's CDO Evaluator model, as assessed by Standard & Poor's using the assumptions and methods outlined in its corporate collateralized debt obligation (CDO) criteria, (see "Update To Global Methodologies And Assumptions For Corporate Cash Flow And Synthetic CDOs," published Sept. 17, 2009).
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www.reuters.com
http://www.reuters.com/article/2012/12/18/markets-ratings-madison-idUSWNB224720121218
The company earns the No. 186 rank among its peers in the Medical-Biomed/Biotech industry group. Regeneron Pharmaceutical ( REGN ), Alkermes ( ALKS ) and Innoviva ( INVA ) are among the top 5 highly rated stocks within the group.
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www.investors.com
https://www.investors.com/ibd-data-stories/stocks-with-rising-relative-price-strength-inmune-bio
Fastenal ( FAST ) literally provides the nuts and bolts to keep industry growing, via its 1,683 construction supplies stores. When the market turned bear last year, Fastenal stock dipped too. But like other market leaders it began a slow climb last October. It's risen 26% in the intervening months and on Monday its Relative Strength (RS) Rating popped from 69 to 76.
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www.investors.com
https://www.investors.com/news/fastenal-sees-rs-rating-improve-to-76
I think we're in a period of consolidation which is bullish, counters Jon Najarian. The bear market scenario is largely based on double-dip fears pegged to consumers cutting back. But the results out of JPMorgan show delinquencies are down. It's true that delinquencies are down at JP Morgan and also Target but I'm not sure that means the consumer is back, muses Patty Edwards. I think people are paying off credit cards because they have no choice. But I wouldn't take the data to mean all is well in consumer land. Looking at JPMorgan, I have an 'Outperform' rating on the stock, says David George of RW Baird. It's likely the bank will show continued capital build and credit improvement over time. I expect to see upside in shares, he says. --
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www.cnbc.com
https://www.cnbc.com/2010/07/15/halftime-pt-1-jpmorgan-reveals-key-insights-for-other-banks.html
Extension of a ban on larger diesel vehicles in the Kerala region and continuing ban in the NCR coupled with the downtrend in the diesel segment dragged the industry growth to mid single digits. Sharekhan is bullish on Maruti Suzuki and Mahindra & Mahindra. Honda Motorcycles, Scooters India and TVS Motor Company reported double-digit yoy growth in sales led by higher scooter sales. Hero MotoCorp hit its new 52-week high of Rs 3207.90 on June 3. Post May sales figures, Motilal Oswal maintained buy rating on Maruti Suzuki, Tata Motors, Ashok Leyland, Eicher Motors, Hero MotoCorp and TVS Motor with target price of Rs 4,525, Rs 524, Rs 124, Rs 20,376, Rs 3325 and Rs 339, respectively. With agency inputs
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www.financialexpress.com
https://www.financialexpress.com/market/monsoon-cheer-7th-pay-commission-payout-to-drive-auto-sector-maruti-suzuki-tata-motors-among-7-stocks-to-bet-on/272841
Kimberly-Clark Corporation's ( NYSE: KMB ) revenue growth is expected to benefit from easing comparisons and closing price gaps versus peers. On the margin front, KMB should benefit from the carryover impact of price increases, and moderating inflation. Additionally, the company is trading lower
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seekingalpha.com
https://seekingalpha.com/article/4621140-kimberly-clark-improving-growth-prospects-and-a-reasonable-valuation
Moody's Investors Service said Wednesday that it will start rating municipalities on the same scale as corporations and countries, a move that may reduce demand for bond insurance. The move could also provide some relief to money market funds and other investors that have to hold top-rated securities. Laura Levenstein, senior managing director at Moody's, said the agency recently decided to assign ratings from its corporate and sovereign system to municipal issuers upon request……. If a lot of municipalities take up Moody's on its offer and get upgraded to AA or AAA, that may reduce demand for bond insurance….. Shares of Ambac Financial, one of the largest bond insurers, fell 11% to $6.86 on Wednesday. Rival MBIA Inc. dropped 4.9% to $11.55.
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www.nakedcapitalism.com
https://www.nakedcapitalism.com/2008/03/monoline-death-watch-moodys-to-grade.html
Moody's ratings agency has just given the council a AAA rating, while Standard & Poor's has awarded it a AA+, with a stable outlook. As Paul Dale has pointed out in the Post, not only does the Moody's rating place the council above the USA in terms of credit worthiness, it also puts Birmingham ahead of many major banks. Meanwhile, reports claim that Barclays is actively backing a serious market in UK municipal bonds with credit ratings for UK municipal authorities on the way to facilitate it, possibly by the end of this year.
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www.business-live.co.uk
https://www.business-live.co.uk/economic-development/john-clancy-lets-bond-local-3917300
The strategic upgrade follows financial performance boosts and reflects the rating upgrade on the parent company, Fairfax Financial Holdings Ltd, by S&P Global Ratings. Mahesh Iyer, Managing Director & CEO of Thomas Cook India, noted this as a historic achievement, marking the highest credit rating for any travel and tourism company in India.
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www.devdiscourse.com
https://www.devdiscourse.com/article/business/3481405-thomas-cook-india-achieves-historic-credit-rating-upgrade
GENEVA, Aug. 29 2014 /PRNewswire-USNewswire/ -- Mercuria, the global energy and commodities group, has secured the closing of a JPY 15 billion three year senior unsecured syndicated term loan on 28 August, 2014. The company also announced it received an investment grade rating from an independent rating agency. This is the first significant transaction in Japanese Yen for Mercuria. A number of Japanese financial institutions participated in the facility, including The Bank of Tokyo Mitsubishi UFJ, Ltd. and Sumitomo Mitsui Trust Bank, Ltd., with additional investors seeking the opportunity to join at a later date. The transaction was led and arranged by The Bank of Tokyo-Mitsubishi UFJ, Ltd.
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www.prnewswire.com
https://www.prnewswire.com/news-releases/mercuria-raises-15-billion-yen-in-long-term-samurai-loan-273193371.html
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Masco stock can continue to rebound and hit that benchmark.
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www.investors.com
https://www.investors.com/news/masco-stock-shows-improved-technical-strength
Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is an Indian telecom service provider. The company provides pan-India voice and data services across 2G, 3G and 4G platforms.
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www.business-standard.com
https://www.business-standard.com/article/news-cm/vodafone-idea-rises-after-credit-rating-upgrade-119071700328_1.html
The day-ahead market of the Indian Energy Exchange's average spot power tariffs held steady at Rs. 5.9 per unit in FY2023, with forecasts for a little decrease in FY2024 due to improved coal availability and a slowing in demand growth. Nevertheless, costs are anticipated to be much higher than the long-term average of Rs. 3.0-3.5 per unit, at roughly Rs. 4.5. The acceptable condition of coal reserves at domestic power plants is also highlighted in the Icra research.
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english.newstracklive.com
https://english.newstracklive.com/news/indian-thermal-power-sector-set-to-enjoy-growth-spurt-in-fy2024-icra-sc18-nu318-ta318-1278843-1.html
The Philippines is already on a role. Last year, the nation posted Asia's second highest growth rate last year. In April, for the first time in history, the Philippines received investment grade status from two of the world's big three credit ratings firms, Standard & Poor's and Fitch Ratings.
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www.csueastbay.edu
http://www.csueastbay.edu/news/2013/06/mariaortuoste-minnpost-quote-062813.html
Moreover, hybrid work presents greater potential flexibility to travel, and S&P Global Economics forecasts real consumer spending will remain positive in 2023 (albeit below 2022 levels). We expect higher capacity will spur growth in the company's operating results and more than offset cost pressures mainly from elevated jet fuel prices and rising labour costs. A shortage of trained pilots and other staff (such as maintenance, air traffic controllers), as well as delays in narrow-body aircraft deliveries, will likely persist at least into next year. In our view, the lack of excess capacity should limit downside to fares and our estimates for American. American's debt levels are significant, but improving credit measures should lessen refinancing risk Our ICR on American reflects the airline's substantial debt and large maturities that present refinancing risk. The company's S&P Global Ratings-adjusted debt was relatively stable in 2022, at about US$39 billion.
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www.aircraftinteriorsinternational.com
https://www.aircraftinteriorsinternational.com/industry-opinion/american-airlines-positive-financial-outlook.html
The corporate credit rating on Longfor reflects thecompany's rapid growth strategy and short track record as alarge-scale developer. In addition, Longfor is exposed to thehigh-end real estate market in tier-one cities in China. Thissegment is challenging because it is affected by governmentpolicies to cool investment demand and housing prices.Nevertheless, in our view, the company's good competitiveposition and strong execution capability are likely to improveits financial performance despite the uncertain outlook forChina's real estate market. While Longfor's results for the first six months of thisyear met our expectation, its debt-to-capital ratio was higherthan we had anticipated, at 50%. The company's recent Hong Kongdollar 3 billion share placement will alleviate some of thepressure on its capital structure, in our opinion.
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www.cnbc.com
https://www.cnbc.com/2012/10/10/textsp-assigns-bb-and-cnbbb-rtgs-to-longfors-proposed-notes.html
LiveRamp Holdings, Inc. ( NYSE: RAMP ) reported its FQ2 2024 financial results on November 8, 2023, beating both revenue and consensus earnings estimates.
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seekingalpha.com
https://seekingalpha.com/article/4653206-liveramp-fortunes-grow-on-improving-execution-rating-upgrade
In other recent news, New Gold Inc. announced the pricing of a $400 million offering of 6.875% Senior Notes due 2032, with plans to use the proceeds to repurchase its outstanding 7.50% senior notes due 2027. This move is part of a broader financial strategy to manage its debt and improve liquidity. In another development, New Gold has agreed to purchase the remaining 19.9% free cash flow interest in the New Afton mine from the Ontario Teachers' Pension Plan for $300 million, effectively consolidating its ownership of the mine. Scotiabank (TSX: BNS ) responded to this acquisition by raising New Gold's stock target to $4.25, maintaining a Sector Outperform rating. Furthermore, S&P Global Ratings upgraded New Gold's issuer credit rating from 'B' to 'B+', citing stronger-than-expected cash flows and leverage measures. Moody's also revised its outlook on New Gold from stable to positive, assigning a B3 rating to the new senior unsecured notes due in 2032.
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uk.investing.com
https://uk.investing.com/news/company-news/new-gold-inc-stock-soars-to-52week-high-of-38-amid-market-rally-93CH-4033781
Addus HomeCare (ADUS) saw an improvement in its IBD SmartSelect Composite Rating Friday, from 94 to 96. The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The top-performing stocks tend to have a 95 or better grade as they begin to launch a significant move. Addus…
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www.investors.com
https://www.investors.com/ibd-data-stories/addus-homecare-bolts-past-buy-zone-gets-ibd-rating-upgrade"
The ratings reflect FGL's balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management.
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aijourn.com
https://aijourn.com/am-best-upgrades-credit-ratings-of-fidelity-guaranty-life-holdings-inc-and-its-life-health-subsidiaries
Array shares rose 60% to $47.40 in pre-market trading; Pfizer shares dipped 0.1% to $47.20. (Herper, 6/17) The Wall Street Journal: Growth Is Worth Paying Up For At Pfizer A fact of life for health-care companies, as well as patients: Good health care costs money. Pfizer is paying more than $10 billion in cash to acquire Array BioPharma, ARRY 56.94% a biotech focused on developing cancer treatments. That is more than a 60% premium to last Friday's closing price. And since Array generated just $35 million in product sales in its most recent quarter, Pfizer said Monday it doesn't expect the deal to add to earnings until 2022. S&P Global Ratings said Monday it expects to lower Pfizer's credit rating to AA- when the deal closes later this year.
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kffhealthnews.org
https://kffhealthnews.org/morning-briefing/wednesday-june-19-2019
The world city traffic rating agency, TomTom International BV, has placed Jakarta's traffic index at 29th out of 389 cities in the world in 2022. Last year, Indonesia's capital ranked 46th. The agency measures the traffic index in 389 cities across 56 countries in 2022, one of which is Jakarta. In Southeast Asia, Jakarta and Manila in the Philippines are two cities which feature in the top 50 in TomTom's ranking. TomTom via its official website explained that the average travel time for a 10-kilometre trip in Jakarta is 22 minutes 40 seconds. However, the index in Jakarta is still better than Manila, which is ranked ninth with an average travel time per 10 kilometres reaching 27 minutes. The city with the highest traffic index is London, with a travel time of 10 kilometres reaching 36 minutes and 20 seconds. The lowest index is the city of Almere in the Netherlands at 389 with a travel time of only eight minutes and 20 seconds per 10 kilometres.
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indonesiaexpat.id
https://indonesiaexpat.id/news/jakarta-ranked-29th-in-tomtoms-traffic-index-report
In the Chinese property space, Yuexiu Real Estate Investment Trust ( REIT ) hired Bank of China, DBS, HSBC and Morgan Stanley to arrange fixed-income investor meetings in Singapore, Hong Kong and London. Yuexiu has set up USD 1 billion medium-term note ( MTN ) program and plans to issue USD-denominated senior notes under this program. Moody's has assigned its Baa2 rating to the proposed issuance while S&P has assigned its BBB rating. The rating outlook by both the rating agencies is stable.
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seekingalpha.com
http://seekingalpha.com/instablog/4356521-sjsit/1828731-asian-property-bond-market-update
At the same time, the credit rating giant has reiterated the Long-Term ICR and senior Long-Term Issue Credit Ratings (Long-Term IR) of "a+" for Travelers and its two wholly owned downstream holding companies — Travelers Property Casualty Corp. and Travelers Insurance Group Holdings Inc. Additionally, the other Long-Term IR and Short-Term Issue Credit Rating (Short-Term IR), assured by Travelers as well as its indicative Long-Term IRs, have also been reiterated by the rating agency. Notably, the outlook for each of the aforementioned ratings remained stable. Further, the credit rating giant has also affirmed the FSR of A (Excellent) and the Long-Term ICR of "a" for The Dominion of Canada General Insurance Company.
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www.zacks.com
https://www.zacks.com/stock/news/278002/travelers-trv-and-units-ratings-retained-by-am-best
Completion of a $4 billion merger with Italcementi S.p.A., improved financials and credit ratings, plus declining energy costs, allowed HeidelbergCement to close the 2016 financial year on a successful note. "2016 was an exceptional year for HeidelbergCement," affirmed Dr. Bernd Scheifele, HeidelbergCement chairman. "With the successful takeover of Italcementi, we have accelerated our growth and are now in an excellent strategic position." "In our core business lines of aggregates, cement and ready mixed concrete, we occupy first, second and third place globally," Dr. Scheifele continued. "We have also achieved a major milestone with the investment grade classification by the rating agencies S&P Global Ratings, Moody's Investors Service and Fitch Ratings. Thanks to strong operational development and an improved financial result, we have been able to considerably increase our profit for the financial year before non-recurring effects.
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cementproducts.com
https://cementproducts.com/2017/03/29/heidelbergcement-releases-upbeat-2017-outlook
BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Fitch Ratings has affirmed the following ratings of Arcor S.A.I.C. (Arcor): -- Foreign currency Issuer Default Rating (IDR) at 'B+'; -- Local currency IDR at 'BB-'; -- USD200 million senior unsecured notes due 2017 at 'B+/RR4'; -- National scale rating at AA+(arg); -- USD200 million senior unsecured notes due 2017 national scale rating at AA+(arg) The Rating Outlook is Stable. Arcor's 'BB-' local currency IDR reflects the company's strong business position as a leading Latin American producer of confectionary and cookie products. Arcor enjoys strong brand equity in Argentina due to its comprehensive distribution network and its presence in the country for more than 60 years.
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www.cnbc.com
https://www.cnbc.com/2012/10/12/fitch-affirms-arcor-saics-notes-at-brr4-outlook-stable.html
Moody's ratings measure the credit worthiness of hospitals, which use revenue bonds to help finance construction, upgrades and equipment. Moody's on Jan. 22 stated that it gave Premier a negative outlook and downgraded its bond rating from A3 (upper medium grade) to Baa1 (medium grade).
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www.daytondailynews.com
https://www.daytondailynews.com/business/ratings-agency-says-premier-health-faces-challenges/A68LZyQK5V4vLX9Lia1BsM