Weak performance in its core business -- combined with ill-advised, debt-fueled share buybacks in 2015 -- caused each of the three major credit rating agencies to downgrade Macy's ratings at least ...
coinciding with the rating agency’s decision on Italy. “If there is a downgrade then we would likely see some action in the euro,” said Brad Bechtel, managing director at Jefferies LLC. “But it’s a ...
The credit-rating agency also removed Saputo’s ratings from being under review with negative implications. Saputo was placed under review on Feb. 26 when it first announced the acquisition. The credit ...
Dewan Housing Finance Corporation (DHFL) shares plunged 11 per cent to Rs 139 on BSE in intra-day trade on Monday, extending its Thursday’s 8 per cent decline after rating agency CRISIL downgraded ...
it can’t be held responsible for steep rating changes that occur after its turn. Second, CRAs may assign higher ratings and not downgrade on time if they know they would be rotated out. This will ...
Mint2dOpinion
Factors that can lead to a rating upgrade include a material increase in residents’ wealth and income, and an expanded tax base. Factors that can lead to a downgrade include a decline in residents’ ...
Fitch and S&P have Italy at IG status, but a negative outlook Moody's has Italy on an IG rating also, but with a stable outlook ... Foreign ownership is around 32% (down from around 47% in 2011) A ...
WASHINGTON, April 13 (Reuters) - Mexican Finance Minister Carlos Urzua said on Saturday he does not expect rating agencies to further downgrade the credit rating of state-owned energy company Pemex.
Moody's also stated that Prospect's Corporate Family rating downgrade was due to "very high financial leverage, shareholder-friendly financial policies and a history of failing to meet projections." ...
WASHINGTON, April 13 (Reuters) - Mexican Finance Minister Carlos Urzua said on Saturday he does not expect rating agencies to further downgrade the credit rating of state-owned energy company Pemex. ...