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

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......»»

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......»»

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......»»

Starbucks Corp.'s credit rating was downgraded to BBB from BBB+ at Fitch Ratings, citing the coffee seller's high debt leverage amid a "significant business interruption" from the coronavirus .....»»

S&P Global Ratings downgraded Walt Disney Co.'s rating to A-minus on Thursday, citing the impact on.....»»

Bed Bath & Beyond Inc.'s credit rating was downgraded two notches at S&P Global Ratings to B+ from BB, citing the belief that the home accessories retailer's earnings prospects have bee.....»»

Reuters S&P Global Ratings slashed Delta Air Lines' long-term rating to junk status Tuesday, citing weaker traffic due to the coronavirus pandemic.  "While the company is reducing its capacity and some .....»»

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.....»»

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.....»»

AP While the US Justice Department has concluded that the Chinese military hacked into the credit-reporting service Equifax, it was the broken US political system that made.....»»

S&P Global Ratings on Thursday placed Boeing Co's 'A-' credit rating on 'credit watch' with negative implications, citing a rise in costs and cash outflows at the U.S. planemaker due to a further delay in the grounded 737 MAX's recertification......»»

Anthony Kwan/Getty Images Moody's cut Hong Kong's credit .....»»

Boeing Co.'s credit rating was downgraded by one notch to A- from A at S&P Global Ratings, citing uncertainty over when the 737 MAX aircraft will return to servi.....»»

S&P Global Ratings on Tuesday lowered its outlook on Boeing Co. debt to negative, from stable, citing possible further delays with the 737 Max's return to service after reports the airplane maker may have misled aviation authorities. S&.....»»

Credit Suisse isn’t ready to add Spotify Technology SA (NYSE: SPOT) stock to its favorites playlist, but it did get less bearish, citing a now much lower share price in coming off its negative rating on Wednesday for a neutral stanc.....»»

Fitch Ratings has downgraded Hong Kong’s credit rating as three-month months of angry protests have persisted, threatening “the stability and dynamism of its business environment,” the credit-rating agency said late Thursday......»»

Fitch Ratings has downgraded Hong Kong’s credit rating as three-month months of angry protests have persisted, threatening “the stability and dynamism of its business environment,” the credit-rating agency said late Thursday......»»

Credit rating agency Fitch believes that the financial and political unrest in Argentina has substantially increased the chance it will default on its sovereign debt......»»

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

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