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S&P Slashes Sotheby’s Rating Into Deep Junk Territory
The Wall Street Journal· 6 days agoS&P Global Ratings cut its credit rating of Sotheby’s to B-minus from B after the auction house got...
AM Best Revises Outlooks to Positive and Affirms Credit Ratings of Seguros El Roble, S.A.
Morningstar· 4 days agoAM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Seguros El ...
KKR Loads Up on Risky CCC Loans as Other Fund Managers Dump the Debt
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Credit investors are “focusing too much on spreads” and are missing out on bargains...
Cyprus says no let-up to fiscal discipline course as S&P raises country's credit rating to BBB+
The News-Times· 4 days agoCyprus said Saturday it won’t let up on a course of strict fiscal discipline while supporting economically vulnerable groups and the middle class after credit ratings agency Standard & Poor' ...
Redeemer Health got a two-notch credit downgrade from Fitch Ratings
Philly.com· 6 days agoFitch Ratings downgraded the credit rating of Redeemer Health by two notches on Wednesday, to BB- from BB+, citing the nonprofit health system’s years of sizable operating losses that have eroded ...
Russia's biggest private lender is expanding to China after being hit by US sanctions
Business Insider· 6 hours agoRussia's largest private bank is expanding in China, Bloomberg reported. Alfa Bank PJSC is applying...
With Moody's Predicted To Cut Paramount to Junk Status, Is a Government Bailout of Hollywood Really...
Next TV via Yahoo Finance· 5 days agoCredit: Mario Tama/Getty Images With Paramount Global’s stock price falling more than 15% since...
Moody's lifts Telecom Italia rating with network sale in sight
Reuters· 6 days agoMoody's upgrade followed the unconditional approval of the deal by the European Union antitrust...
Gateway - Quartz
Quartz· 6 hours agoFitch Ratings downgraded US debt from its pristine AAA rating down to AA+. This won’t affect the US economy much—it’s still the world’s most biggest financial superpower, and the number of investors ...
Boeing Faces Senate Grilling as CEO Search Gains Momentum
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- As crisis has engulfed Boeing Co. following the near-catastrophic accident on an...