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S&P downgrades Bloomin" Brands further into junk as pandemic hurts sales and credit metrics

S&P Global Ratings downgraded Bloomin' Brands Inc.'s rating by one notch to B-plus on Friday, and said it expects the casual restaurant operator's financial performance and credit profile to deteriorate during t.....»»

Category: topSource: marketwatchMay 15th, 2020

Wells Fargo receives "outstanding" rating for community lending

Wells Fargo & Co said on Monday it has received an "outstanding" rating on a U.S. regulatory test for community lending between 2012 and 2018......»»

Category: topSource: reutersMay 4th, 2020

Boeing bonds downgraded by Moody"s; coronavirus "greater pressure point" than 737 Max crisis

Moody's Investors Service on Friday cut its rating on Boeing Co. debt to Baa2, from Baa1, saying it expects "addi.....»»

Category: topSource: marketwatchApr 10th, 2020

Fitch sees 2020 advertising recession as a result of COVID-19, with effects lingering next year

The economic shock resulting from the COVID-19 pandemic will result in a "significant near-term pullback" in advertising, leading to an ad recession in 2020, according to Fitch Ratings. The credit rating agency expects overall ad spending to con.....»»

Category: topSource: marketwatchApr 7th, 2020

Major Credit Agency Forecasts ‘Deep Global Recession’

Credit rating agency Fitch Ratings has updated its global economic forecast and now expects the coronavirus pandemic to cause a global recession this year as economic activity tumbles by nearly 2%......»»

Category: blogSource: 247wallstApr 3rd, 2020

Bank Of America Cuts Boeing Price Target, Expects 737 Max To Fly Again No Sooner Than May

Boeing Co (NYSE: BA)'s pause of 737 Max production led Bank of America to shave $10 from its price target on the stock Monday.  Latest Rating.....»»

Category: blogSource: benzingaDec 23rd, 2019

Credit agency affirms Airport Authority rating

Another one of the big three credit rating agencies is giving the Memphis-Shelby County Airport Authority high marks. Fitch Ratings recently affirmed the Airport Authority's (MSCAA) "A" rating on its outstanding, $355 million general airport revenu.....»»

Category: topSource: bizjournalsOct 14th, 2019

Buy Stitch Fix Amid Record Short Interest, SunTrust Says Ahead Of Q4 Report

Online styling service Stitch Fix Inc (NASDAQ: SFIX) is set to report fourth-quarter earnings Tuesday. The Analyst SunTrust analyst Youssef Squali maintains a Buy rating with a $44 price target. The Thesis SunTrust expects fou.....»»

Category: earningsSource: benzingaSep 30th, 2019

Steak "n Shake"s results could "deteriorate further": S&P

S&P Global Ratings said Friday it expects Steak 'n Shake's operating results "to deteriorate further," adding that the hamburger chain is at heightened risk for a debt restructuring. In lowering Steak 'n Shake's credit rating to CCC- from CCC, S&P s.....»»

Category: topSource: bizjournalsJul 23rd, 2019

Abercrombie & Fitch stock sinks, but CFRA expects "inclusivity" mission to pay off

Shares of Abercrombie & Fitch Co. sank 4.5% in midday trading Tuesday, but CFRA analyst Camilla Yanushevsky reiterated her buy rating, saying investors are missing bullish points, although she cut her price target to $22 from $35. The stock.....»»

Category: topSource: marketwatchJun 25th, 2019

Infineon expects to keep investment grade rating after Cypress deal

Infineon Technologies expects to keep its investment grade credit rating after its 9 billion euro ($10 billion) agreed acquisition of U.S. Cypress Semiconductor, Chief Financial Officer Sven Schneider said on Monday......»»

Category: topSource: reutersJun 3rd, 2019

4 Reasons RBC Continues To Love Netflix"s Stock

Netflix, Inc. (NASDAQ: NFLX) is off to another hot start to 2019, and one analyst expects that bullish momentum to continue. The Analyst RBC analyst Mark Mahaney reiterated his Outperform rating and $480 price target for Netflix. .....»»

Category: blogSource: benzingaMar 20th, 2019

CRISIL reaffirms stable rating for ICICI Bank debt instruments

The rating agency said ICICI Bank's exposure to the Videocon group is 'in itself not material in the context of its outstanding loan book or capital'.....»»

Category: topSource: business-standardApr 13th, 2018

Moody"s upgrades Netflix and says it expects 2018 to be "negative cash flow trough"

Moody's Investors Service upgraded Netflix Inc.' debt rating by one notch on Wednesday, raising it to Ba3 from B1, but keeping it three not.....»»

Category: topSource: marketwatchApr 11th, 2018

Estee Lauder CEO says expects FY18 to be "an outstanding fiscal year"

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: theflyonthewallMay 2nd, 2018

4 Pharmaceutical Services Stocks To Buy With Big Upside Potential

Analysts at Jefferies recently reviewed several pharmaceutical services company stocks and put a Buy rating on four outstanding performers......»»

Category: blogSource: 247wallstJun 13th, 2018

US Consumers Owe $1.15 Trillion in Car Loans

The total amount of outstanding car loans reached a record high of $1.15 billion in the second quarter of this year, according to credit rating agency Experian......»»

Category: blogSource: 247wallstSep 4th, 2018

Deutsche expects re-rating of Micron valuation, keeps $80 price target

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: theflyonthewallSep 6th, 2018

Monster Beverages stock slides 6% as UBS advises investors to sell

Monster Beverages Corp. shares fell about 6% Thursday, making the stock the second weakest on the S&P 500, after UBS initiated coverage with a sell rating. Analyst Sean King said he expects sales to fall 3% below Street estim.....»»

Category: topSource: marketwatchDec 13th, 2018

Bullish BofA Expects ON Semiconductor"s Growth To Return In Q2

Despite ON Semiconductor Corp (NASDAQ: ON)'s below-par first-quarter revenue guidance, one Bank of America Merrill Lynch analyst is bullish on its prospects. The Analyst Analyst Vivek Arya reiterated a Buy rating and $23 pric.....»»

Category: earningsSource: benzingaFeb 4th, 2019