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S&P lowers MTA"s credit rating, citing political dysfunction

Falling ridership and the lack of congestion pricing figures to cost the transit system in another way: by forcing it to pay more for all the borrowed money it will need to fix up the subway and bus... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 10th, 2018

Moody"s lowers PG&E"s credit rating to junk, joins S&P

Moody's on Thursday joined S&P in lowering PG&E Corp's credit rating deeper into junk territory, citing a challenging environment for the California power provider as it faces billions of dollars in liabilities related to wildfires......»»

Category: topSource: moneycentralJan 10th, 2019

Moody"s lowers PG&E"s credit rating to junk, joins S&P

Moody's on Thursday joined S&P in lowering PG&E Corp's credit rating deeper into junk territory, citing a challenging environment for the California power provider as it faces billions of dollars in liabilities related to wildfires......»»

Category: topSource: reutersJan 10th, 2019

S&P lowers Turkey"s credit rating deeper into junk territory

Standard & Poor's said on Friday it had cut Turkey's sovereign credit rating deeper into "junk" territory, citing extreme lira volatility and forecasting a recession next year, adding to the country's woes as it deals with a currency crisis......»»

Category: topSource: reutersAug 17th, 2018

The Government Shutdown Could Hurt America’s Credit Rating if It’s Not Resolved Soon

Mnuchin will be forced to use extraordinary measures to pay America’s bills (Bloomberg) — The U.S. political gridlock that has shut down part of the government risks running into a crucial deadline that would limit the Treasury&rsqu.....»»

Category: topSource: time14 hr. 14 min. ago

Fitch downgrades Sri Lanka"s rating

Fitch Ratings has downgraded Sri Lanka's long-term foreign-currency issuer default rating, citing political upheaval that has resulted in the country having no functional government......»»

Category: topSource: foxnewsDec 5th, 2018

BBRG: Don’t Like Trump? Your Financial Analysis Might Be Biased

Don’t Like Trump? Your Financial Analysis Might Be Biased Partisanship should have no place in a corporate-credit rating. A new study says it does. Bloomberg, December 3, 2018     The dangers of political bias for inv.....»»

Category: blogSource: TheBigPictureDec 3rd, 2018

Moody"s raises Egypt credit outlook, citing reform progress

An international credit rating agency has raised Egypt's credit outlook to positive from stable, citing progress in its ambitious economic reform plan backed by the International Monetary Fund......»»

Category: topSource: foxnewsAug 29th, 2018

Moody"s downgrades Turkey to Ba3, assigns negative outlook

Moody's cut Turkey's sovereign credit rating deeper into "junk" territory on Friday, citing a weakening of public institutions and the related reduction in the predictability of policy making in a country which is facing a currency crisis......»»

Category: topSource: reutersAug 17th, 2018

Zillow downgraded by Bank of America on ‘greater risk’ to profits from adding mortgage lending

Bank of America Merrill Lynch lowers its rating to neutral from buy for Zillow shares, citing increasing concerns over its business model shift to home selling and mortgage lending......»»

Category: realestateSource: cnbcAug 7th, 2018

Harley-Davidson credit rating placed on negative watch at S&P

Harley-Davidson Inc.'s A- credit rating was placed on CreditWatch with negative implications Wednesday at S&P Global Ratings, citing increased business risks as a result of tariffs and declining sales and shipments. The A- rat.....»»

Category: topSource: marketwatchJun 27th, 2018

Morgan Stanley downgrades Starbucks after China sales growth stumble

Morgan Stanley lowers its rating to equal-weight from overweight for Starbucks shares, citing the deteriorating sales growth in China and the U.S......»»

Category: topSource: moneycentralJun 20th, 2018

JP Morgan downgrades Shake Shack on valuation, cost structure

J.P. Morgan lowers its rating for Shake Shack shares to underweight from neutral, citing the company's valuation......»»

Category: topSource: moneycentralMay 7th, 2018

Analysts Diverge On Arconic After It Shelves Sale Plans

Arconic Inc (NYSE: ARNC) shares shed close to 16 percent Tuesday following its announcement it has dropped a potential sale, citing the lack of a proposal for a full company transaction. Latest Rating.....»»

Category: blogSource: benzinga9 hr. 30 min. ago

BMO downgrades Merck to market perform

Shares of Merck & Co Inc. were down 1.2% on Wednesday after BMO Capital Markets downgraded the company's rating to market perform from outperform, citing Merck's "over-depe.....»»

Category: topSource: marketwatch13 hr. 15 min. ago

Saudi Aramco talking to credit rating agencies before bond deal: Bloomberg

Saudi Aramco is talking to credit rating agencies ahead of its landmark bond deal, the chief executive of Saudi Arabia's state-owned oil company told Bloomberg television......»»

Category: topSource: reutersJan 22nd, 2019

Fitch says PG&E"s bankruptcy will not hurt California"s credit rating

Fitch Ratings said on Thursday power company PG&E Corp's planned bankruptcy will not at this point hurt the credit quality of California......»»

Category: topSource: reutersJan 17th, 2019

Citigroup Has a 40% Upside, Says Credit Suisse

Analyst Susan Roth Katzke reiterated an Outperform rating and $80 price target on the bank’s shares, though her optimism is largely anchored beyond the coming quarter......»»

Category: topSource: barronsJan 12th, 2019

Protracted debt-limit battle poses risks to U.S. credit standing

The U.S. political gridlock that has shut dow.....»»

Category: topSource: latimesJan 11th, 2019

A Taxpayer Bailout May Be the Only Option for PG&E

After Moody's and S&P both downgraded its credit rating to junk, the utility giant may now be in a liquidity crisisCheck out David Tepper Stock Picks » Download GuruFolio Report of David Tepper (Updated on 01/10/2019)Related Stocks: PCG,.....»»

Category: blogSource: gurufocusJan 11th, 2019

How a downgrade to the U.S. credit rating could affect the economy

Fitch ratings fears the government shutdown could lead to a debt ceiling standoff, prompting a credit rating downgrade. Here's the potential im.....»»

Category: topSource: usatodayJan 10th, 2019