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Ratings agencies size up Nestle - Seeking Alpha

Google News - Wed, 06/28/2017 - 21:17

Ratings agencies size up Nestle
Seeking Alpha
S&P Ratings lowers its default credit rating on Nestle (OTCPK:NSRGY) to AA- due to the negative implications of the company's capital structure changes, including a large buyback plan. Fitch Ratings also downgrades Nestle (OTCPK:NSRGY) to AA- (from ...

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Suwanee receives AAA bond rating - Atlanta Journal Constitution

Google News - Wed, 06/28/2017 - 19:24

Atlanta Journal Constitution

Suwanee receives AAA bond rating
Atlanta Journal Constitution
Suwanee has received a AAA long-term bond rating from Standard & Poor's Global Ratings with a stable outlook. AAA bond rating is the highest rating assigned by the rating agency and is a financial indicator to potential investors of debt securities ...

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Bond agencies give county straight A's - Chesterfield Observer

Google News - Wed, 06/28/2017 - 17:54

Bond agencies give county straight A's
Chesterfield Observer
Despite a massive unfunded liability in the Chesterfield school system's supplemental retirement plan, the nation's top three rating agencies vouched for the county's fiscal management last week by reaffirming its coveted AAA bond rating. Chesterfield ...

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Bond agencies give county straight A's - Chesterfield Observer

Google News - Wed, 06/28/2017 - 17:18

Bond agencies give county straight A's
Chesterfield Observer
Despite a massive unfunded liability in the Chesterfield school system's supplemental retirement plan, the nation's top three rating agencies vouched for the county's fiscal management last week by reaffirming its coveted AAA bond rating. Chesterfield ...

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State's bond rating will affect cost of Kane forest tax hike - Chicago Daily Herald

Google News - Wed, 06/28/2017 - 12:49

State's bond rating will affect cost of Kane forest tax hike
Chicago Daily Herald
Budget debates in Springfield will conclude by then, but major bond-rating agencies already are promising to drop Illinois' rating to junk bond status. If that happens, all taxing bodies in Illinois, including the forest preserve district, will pay ...

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FCA to regulate 'pay-to-play' ratings agencies - FT Adviser

Google News - Wed, 06/28/2017 - 09:34

FT Adviser

FCA to regulate 'pay-to-play' ratings agencies
FT Adviser
A 'pay-to-play' basis refers to the practice where funds aren't rated if the fund house refuses a commercial arrangement with the ratings agency. Back then Richard Romer-Lee, managing director of Square Mile, branded claims about bias “absurd”, while ...

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Rating Agency Developments - JD Supra (press release)

Google News - Tue, 06/27/2017 - 16:02

Rating Agency Developments
JD Supra (press release)
On June 21, 2017, Moody's published its ratings methodology assessing rated issuers in the pharmaceutical industry. Report. On June 21, 2017, Moody's published its ratings methodology assessing rated issuers in the automobile manufacturer industry.

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Ratings Farce: Illinois Bonds Should Be Junk-Rated Despite What The Agencies Say - Forbes

Google News - Tue, 06/27/2017 - 16:01

Forbes

Ratings Farce: Illinois Bonds Should Be Junk-Rated Despite What The Agencies Say
Forbes
They must feel oh so powerful those municipal bond rating agencies. Sitting there, lying to investors about the state of Illinois. None of the three wanting to tell the bloody truth that the state should be junk-rated as should its bonds. Since the ...

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Fitch cuts BoI viability rating, maintains negative outlook on Indian banks - Economic Times

Google News - Tue, 06/27/2017 - 11:48

Economic Times

Fitch cuts BoI viability rating, maintains negative outlook on Indian banks
Economic Times
However the rating agency maintained its negative outlook on Indian banks. "Internal capital generation is expected to remain weak due to the banks' subdued growth outlook while there could be significant pressure stemming from continued provisioning ...
Fitch affirms rating of 8 banks at 'BBB-'; outlook stableZee News
BRIEF-Union Europea de Inversiones says calls shareholders meeting to propose its dissolutionReuters

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Westerly bond rating upgraded as finances improve; hospital, education center cited - The Westerly Sun

Google News - Tue, 06/27/2017 - 04:31

Westerly bond rating upgraded as finances improve; hospital, education center cited
The Westerly Sun
WESTERLY — One of three major bond rating agencies recently gave the town its second highest rating and called the town's financial outlook “stable.” The ratings house, S&P Global ratings, assigned the town an AA rating earlier this month as part of ...

Google News
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Kroll Bond Rating Agency Assigns BBB Senior Unsecured Debt Rating to Bridgewater Bancshares, Inc. - Business Wire (press release)

Google News - Mon, 06/26/2017 - 23:59

Kroll Bond Rating Agency Assigns BBB Senior Unsecured Debt Rating to Bridgewater Bancshares, Inc.
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 to Bridgewater Bancshares, Inc. (Bridgewater), a bank holding ...

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Greek Bond Yield & Bank Stocks Drop After Moody's Rating Boost - Barron's

Google News - Mon, 06/26/2017 - 23:18

Barron's

Greek Bond Yield & Bank Stocks Drop After Moody's Rating Boost
Barron's
On Friday, Moody's raised its Greek sovereign long-term issuer and senior unsecured debt ratings to Caa2 from Caa3, and raised the outlook to positive from stable. Moody's had been the harshest of the big three credit ratings agencies, Brown Brothers ...

Google News
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National dealt two-notch blow by S&P as BAM, Assured ratings affirmed - Bond Buyer

Google News - Mon, 06/26/2017 - 22:08

Bond Buyer

National dealt two-notch blow by S&P as BAM, Assured ratings affirmed
Bond Buyer
“The insurance companies are at the mercy of the rating agencies,” said Howard Cure, director of municipal bond research at Evercore Wealth Management, LLC. “The downgrade effectively disqualifies National from underwriting any new deals. The concern ...

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Illinois may soon feel the high cost of a "junk" rating - CBS News

Google News - Mon, 06/26/2017 - 14:34

CBS News

Illinois may soon feel the high cost of a "junk" rating
CBS News
CHICAGO - Illinois is on track to become the first U.S. state to have its credit rating downgraded to "junk" status, which would deepen its multibillion-dollar deficit and cost taxpayers more for years to come. S&P Global Ratings has warned the agency ...
Why Illinois could soon receive a 'junk' credit ratingAZFamily

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Illinois could be 1st state with 'junk' credit due to budget - Bloomington Pantagraph

Google News - Mon, 06/26/2017 - 14:02

Bloomington Pantagraph

Illinois could be 1st state with 'junk' credit due to budget
Bloomington Pantagraph
S&P Global Ratings has warned the agency will likely lower Illinois' creditworthiness to below investment grade if feuding lawmakers fail to agree on a state budget for a third straight year, increasing the amount the state will have to pay to borrow ...
Top Leaders Meet in Springfield to Discuss Budget ImpasseNBC Chicago

all 206 news articles »
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County's Triple-AAA bond rating reaffirmed - Progress Index

Google News - Mon, 06/26/2017 - 08:10

County's Triple-AAA bond rating reaffirmed
Progress Index
CHESTERFIELD — The nation's top three ratings agencies reaffirmed Chesterfield County's triple-AAA bond rating last week, solidifying Chesterfield's position among a small group of peers able to demonstrate exceptional fiscal management. Only about 1 ...

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Rating agencies 'gun' for Zuma - Independent Online

Google News - Mon, 06/26/2017 - 08:03

Independent Online

Rating agencies 'gun' for Zuma
Independent Online
Durban - The ANC in KwaZulu-Natal has accused credit rating agencies of waging an economic war against the country and President Jacob Zuma. The party said credit ratings, which recently downgraded South Africa's credit rating, are the machinery of ...
Eastern Cape and KZN at odds over ZumaBusiness Day (registration)
There is a common goal to try and get rid of Zuma and ANC - KZN ANCNews24

all 70 news articles »
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Fitch downgrades troubled Singapore-listed Noble - CNBC

Google News - Mon, 06/26/2017 - 06:17

CNBC

Fitch downgrades troubled Singapore-listed Noble
CNBC
Fitch downgraded Noble's Long-Term Foreign-Currency Issuer Default Rating (IDR) to "CCC" from "B-." At the same time, the agency downgraded Noble's senior unsecured rating and the ratings on all its outstanding senior unsecured notes to "CCC" from "B-.

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Illinois debt is about to be rated 'junk.' What that means - CNBC

Google News - Sun, 06/25/2017 - 17:37

CNBC

Illinois debt is about to be rated 'junk.' What that means
CNBC
S&P Global Ratings has warned the agency will likely lower Illinois' creditworthiness to below investment grade if feuding lawmakers fail to agree on a state budget for a third straight year, increasing the amount the state will have to pay to borrow ...
Madigan Makes New Demands in Sunday Meeting With RepublicansNBC Chicago
A budget by June 30, or Illinois faces unprecedented 'junk' statusChicago Sun-Times

all 185 news articles »
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Illinois could be 1st state with 'junk' credit status due to budget - Fox News

Google News - Sun, 06/25/2017 - 08:59

Fox News

Illinois could be 1st state with 'junk' credit status due to budget
Fox News
S&P Global Ratings has warned the agency will likely lower Illinois' creditworthiness to below investment grade if feuding lawmakers fail to agree on a state budget for a third straight year, increasing the amount the state will have to pay to borrow ...
A budget by June 30, or Illinois faces unprecedented 'junk' statusChicago Sun-Times

all 168 news articles »
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