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ECB will allow some junk-rated debt to be used as collateral in event of downgrades

The European Central Bank on Wednesday said it would allow some debt to continue to be used as collateral by banks in the event of downgrades to below investment-grade status. The ECB said assets, with the exception of asset-backed securities, that.....»»

Category: topSource: marketwatchApr 22nd, 2020

Keep Calm, Carry On, Embrace The Suck

Keep Calm, Carry On, Embrace The Suck.....»»

Category: blogSource: zerohedgeMar 5th, 2020

Renault shares fall after Moody"s cuts its debt to "junk" status

Renault's shares fell on Wednesday after Moody's cut its rating on the French carmaker's debt to "junk" status, citing weaker profitability as the company restructures and grapples with falling demand......»»

Category: topSource: reutersFeb 19th, 2020

Market Extra: Kraft Heinz bonds fall into ‘junk’ territory after downgrades

Kraft Heinz saw its bonds lose their investment-grade status and fall into “junk” territory after two credit ratings firms downgraded their debt......»»

Category: topSource: marketwatchFeb 14th, 2020

Fitch cuts Kraft Heinz debt rating to junk status on leverage concerns

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 14th, 2020

GameStop — already at junk status — hit with another debt downgrade as sales dive

GameStop Corp. got another poor review on Wall Street, and this time it’s not about its stock. Moody’s lowered the company’s corporate family rating for its debt from what’s called “Ba2” to “B2,” according to a research note last week......»»

Category: topSource: bizjournalsFeb 3rd, 2020

Fitch downgraded WeWork"s debt even further into junk with a scathing assessment of its "precarious" funding trap

Fitch Ratings downgraded WeWork's status even further into junk territory late on Tuesday, saying that it had "uncertain liquidity profile" after failing to raise the $3 bil.....»»

Category: topSource: businessinsiderOct 2nd, 2019

Is Ford Junk?

There are many reasons to doubt the turnaround plans of Ford CEO Jim Hackett. Moody's downgrading Ford's debt to "junk" status is one of them......»»

Category: blogSource: 247wallstSep 10th, 2019

"The Yields Are Too Low": America"s "Bond Kings" Embrace Same Strategy, Shun Corporate Debt

Amid one of the most stunning bond rallies in recent memory, all three of the most widely regarded American bond manage.....»»

Category: blogSource: zerohedgeAug 27th, 2019

What ‘Junk’ tells us about America’s relationship with debt

The junk bond masters taught Americans to embrace the inevitability of debt. Like the locusts that devour companies, American consumers often take on loads of debt to the detriment of their financial health......»»

Category: topSource: washpostApr 23rd, 2019

US Dollar Losing Global Status as Debt Soars

US Dollar Losing Global Status as Debt Soars $USD The USD is quickly losing its appeal to global investors as American debt skyrockets to stratospheric levels warns Jim Rogers. USD, the worl.....»»

Category: topSource: livetradingnewsMay 26th, 2018

Electrosteel sale status quo hurting banks, lift stay: Vedanta to NCLAT

Vedanta Ltd today asked the National Company Law Appellate Tribunal (NCLAT) to vacate its order for maintaining status quo over the sale of debt ridden Electrosteel Steel. During the proceedings of the appellate tribunal, senior a.....»»

Category: topSource: business-standardMay 28th, 2018

This Bond ETF Could Regain Its Angelic Status

Amid fears of rising interest rates in the U.S. and talk that default rates are climbing, some bond market experts expected a rough year for high-yield corporate debt. read more.....»»

Category: blogSource: benzingaJun 25th, 2018

S&P upgrades Rogers Memorial

Rogers Memorial Hospital recently received an upgrade from debt-ratings agency Standard & Poor’s based in part on Rogers’ status as the market leader in Wisconsin for behavioral health services......»»

Category: topSource: bizjournalsJul 4th, 2018

Market Extra: Junk bonds — no longer 2018’s darling — flip to red as the corporate debt climate deteriorates

Amid a chorus of concerns over corporate debt, a key index for the high-yield bond market was on track to post losses this year, losing its status as one of the last corners of Wall Street to carry positive returns in 2018......»»

Category: topSource: marketwatchNov 19th, 2018

Trader Says "Embrace The Suck" Of Headline Hell

Down 800, up 900... Down 500, up 600... a rumor here, a tweet there, and the algos technically do.....»»

Category: blogSource: zerohedgeDec 11th, 2018

This Frenzy in China’s Bond Market Could End Badly

Off-budget local government debt may look attractive to investors, with juicy corporate bond yields and quasi-sovereign credit status. Be careful......»»

Category: topSource: washpostFeb 25th, 2019

The Time Bomb in China’s Bond Market

Off-budget local government debt may look attractive to investors, with juicy corporate bond yields and quasi-sovereign credit status. Be careful......»»

Category: topSource: washpostMar 1st, 2019

5 Best Ways To Avoid Falling Into Debt

It can be easy to fall into crippling debt if you’re not careful. And it can be immensely difficult and emotionally stressful to get out of it. But by taking a few precautions, you can avoid falling into debt w.....»»

Category: worldSource: nyt28 min. ago

Elverta-based Sterling Caviar, one of the largest US caviar producers, in receivership over $23 million in debt

Elverta-based Sterling Caviar, one of the oldest and largest caviar producers in the U.S., has been forced into receivership, after disputes with creditors over unpaid debts......»»

Category: topSource: bizjournals4 hr. 28 min. ago