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Moody's Places 6 US Banks Under Review For Downgrade — Is Your Lender In This List?
Tuesday, March 14, 2023 - 3:44am | 516Moody’s Investors Service has placed six U.S. banks under review for downgrade, saying the action reflects the extremely volatile funding conditions for some lenders exposed to the risk of uninsured deposit outflows. What Happened: The six banks placed under review include First Republic Bank...
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Two Ratings Agencies Cut GlobalTranz Debt Further Into 'Junk' Territory
Tuesday, June 16, 2020 - 11:39am | 1475A just-issued report on the economic health of 3PL GlobalTranz echoes a similar summary issued a few months earlier: The acquisitive company has a troubling debt load. But from the perspective of GlobalTranz, part of the reason for a recent downgrade and that debt burden was that it did something...
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Junk Bonds Maybe, But Ford's Stock Still Looks Good To These Analysts
Tuesday, September 10, 2019 - 12:20pm | 471Ford Motor Company's (NYSE: F) bond rating might be in the junk yard, but the company and its stock still have plenty of horsepower, sell-side analysts said Tuesday, continuing to recommend buying the car maker’s shares. Moody’s Investors Services downgraded Ford’s rating...
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Ford Shares Drop On Moody's Downgrade; Rating Agency Sees 'Considerable' Challenges
Tuesday, September 10, 2019 - 10:47am | 645Shares of Ford Motor Company (NYSE: F) were falling after Moody’s Investors Services cut its credit rating to junk status. Moody’s downgraded Ford’s debt rating from Baa3 to Ba1, a non-investment grade rating, citing “considerable operating and marketing challenges facing...
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What Does A Court Blocking Aetna's Humana Deal Mean For Anthem And Cigna's Merger?
Monday, January 23, 2017 - 4:39pm | 366Shares of both Aetna Inc (NYSE: AET) and Humana Inc (NYSE: HUM) are trading down on Monday after a federal judge blocked the massive $37 billion proposed merger between the two healthcare insurance giants on antitrust grounds. However, Aetna and Humana may not be the only victims of the ruling....
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Moody's Concerned With Impact Of Prolonged Decline In Macau's Gaming Sales
Friday, March 11, 2016 - 10:56am | 464Moody's Investors Service has placed Macau's Aa2 government issuer rating on review for downgrade amid a drop in gaming revenues. This is a negative read-through for companies like Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM) and...
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Moody's Raises Philippines Bond Ratings
Monday, October 29, 2012 - 6:57am | 19Moody's Investors Service raised Philippines's long-term bond ratings from Ba2 to Ba1. The outlook on the rating is stable.
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Moody's Lowers Rating On Panasonic
Monday, September 10, 2012 - 5:18am | 40Moody's Investors Service lowered rating of Panasonic (NYSE: PC) by two notches. Moody's downgraded Panasonic to Baa1 from A2. The outlook on the rating is stable. Panasonic shares closed at $6.95 on Friday.
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Moody's Cuts Italy Bond Rating
Friday, July 13, 2012 - 3:22am | 19Moody's Investors Service lowered Italy's government bond rating from A3 to Baa2. The outlook on the rating is negative.
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Moody's Lifts Nissan Rating
Thursday, July 5, 2012 - 7:56am | 35Moody's Investors Service upgraded Nissan Motor Co (OTC: NSANY) rating from Baa1 to A3. The outlook on the ratings is stable. Nissan shares closed at $18.96 on Tuesday.
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Moody's Lifts Turkey Rating To Ba1
Wednesday, June 20, 2012 - 4:30am | 28Moody's Investors Service lifted Turkey's government bond ratings by one notch. Moody's raised Turkey's rating from Ba2 to Ba1. The agency maintained its positive outlook on the country.
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Moody's Downgrades 5 Dutch Banks
Friday, June 15, 2012 - 3:24am | 38Moody's Investors Service lowered the long-term debt and deposit ratings for 5 Dutch banks. Moody's downgraded the ratings of ING Bank N.V., Rabobank Nederland, LeasePlan Corporation N.V., ABN Amro Bank N.V., and SNS Bank N.V.
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Moody's Cuts GE Rating
Wednesday, April 4, 2012 - 4:44am | 42Moody's Investors Service cut its credit ratings on General Electric Co (NYSE: GE) and its financing subsidiary. Moody's lowered GE's senior unsecured debt rating by one notch to “Aa3.” GE shares closed at $19.96 yesterday.
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Moody's Raises South Korea Rating Outlook
Monday, April 2, 2012 - 3:57am | 12Moody's Investors Service lifted South Korea's rating outlook from “stable” to “positive.”
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Moody's Lowers Outlook On JDA Software
Monday, March 19, 2012 - 4:58am | 41Moody's Investors Service cut its outlook on JDA Software Group Inc (NASDAQ: JDAS) from “stable” to “negative.” Moody's also affirmed JDAS' corporate family rating at B1. JDAS shares dropped 0.01% to $26.95 in after-hours trading.