Sentences with phrase «s&p downgraded»

Only two years ago they were rating AAA all the toxic bonds that created the crisis,» said Greek Prime Minister George Papandreou, adding that the downgrade was executed «not because of what Greece is doing but because of the decisions being taken by the EU that are not considered as going far enough.»

For a President or Finance Minister, there is only one appropriate response to a credit rating agency downgrading your nation's debt: feigned outrage.

A downgrade is also often interpreted as a condemnation of the current political leadership, even if the underlying problems occasioning the downgrade have been decades in the making.

In 2011, similar squabbles led to credit agencies downgrading the nation's debt from its triple A status for the first time 70 years.

He downgraded the company's shares to «Neutral.»

For these and other reasons, politicians often react promptly and angrily to downgrades.

This has been downgraded substantially to $ 40 a barrel in the current budget, and oil is slated to rise to $ 63 per barrel by 2020.

An issuer at some risk of a future downgrade may be said to have a «negative» outlook.

Equities as an asset class are not hugely in favour right now, with Goldman Sachs downgrading them to Neutral in May and advising investors to overweight cash in their portfolios.

And U.S. treasury secretary Timothy Geithner downplayed the severity of the announcement, declaring there was «no risk» of a downgrade.

Western Australian employers have downgraded expectations for increasing staff numbers in the first quarter of 2013.

The Halftime Report traders debate Wells Fargo's downgrade of Chipotle and where the stock could be headed.

Greece's finance ministry opined that the downgrade was «completely unjustified,» and accused Moody's of ignoring its progress in achieving fiscal consolidation and improving revenue collection.

And since debt analysts are busy trying to re-establish their credibility with market participants and the public at large, the downgrades now arrive fast and frequently.

«Ultimately, Moody's downgrading of Greece's debt reveals more about the misaligned incentives and the lack of accountability of credit rating agencies than the genuine state or prospects of the Greek economy,» the response continued.

He officially started his job in January amid falling in - store sales, a host of analyst downgrades, revised fourth - quarter earnings projections (the company slashed net revenue estimates to $ 515 million from $ 537 million), and a once loyal fan base raising concerns about product quality.

Institutional investors (such as pension funds) routinely insist on holding only highly - rated securities, so a downgrade can force them to sell that issuer's bonds.

«To say that these are weak results would be an understatement,» she said in a note to clients as she downgraded the stock from outperform to market perform.

Shares of Clorox fall 5 percent after Morgan Stanley downgraded the stock, noting the company will face strong headwinds in the near future.

«We are not downgrading the importance of Zika, by placing this as a longer program of work, we are sending the message that Zika is here to stay,» Dr. Peter Salama, Executive Director of WHO's Health Emergencies Program, told a news briefing.

RBC analyst Walter Spracklin, who recently downgraded his Bombardier price target from $ 6.00 CAD to $ 4.00, wrote in a note Tuesday that the job cuts are «symptomatic of the balance sheet pressure» the company is currently experiencing.

Needham downgrades Lululemon to hold from buy, saying the company is facing tough year - over-year comparisons.

If your 9 - 5 needs more time, you can easily downgrade your investment in your own business.

The «Fast Money Halftime Report» traders discuss Juniper Networks shares dipping on Goldman Sachs downgrading the stock to a «sell» rating.

At least six analysts have either downgraded the stock or cut their price targets since CEO John Flannery said he would review the dividend as he presented an «unacceptable» set of quarterly results.

In September, DBRS downgraded Empire from «stable» to «negative.»

a downgrade in the Company's claims - paying and financial strength ratings could adversely impact the Company's business volumes, adversely impact the Company's ability to access the capital markets and increase the Company's borrowing costs;

Frankly speaking, it doesn't feel like a technological downgrade from the smartphone in my pocket.

On the agency side, for example, media kickbacks have become so controversial — and common — that four of the largest agencies have had their stocks downgraded over the potential cost of stopping the practice.

«First, because it's a very limited downgrade, only on two out of three banks, and especially since Moody's rates them better than the other two agencies (Standard & Poor's and Fitch), so, in reality, it put them at the same level or even slightly higher than the other agencies.»

Looking at individuals stocks, Dixons Carphone ended at the bottom of the European benchmark after a downgrade from BNP Paribas.

Online retailer Ocado dropped 5.3 percent following a rating downgrade by UBS.

In particular, H&M fell 2.76 percent after a rating downgrade by SEB to a «sell» from a «hold».

Morgan first downgraded the stock to «hold» in October, after Valeant's price gouging practices fell under public and government scrutiny.

Harvey was downgraded to a tropical depression on Wednesday night, but many parts of Texas and western Louisiana were still underwater a week after the hurricane started.

Dixons Carphone was at the bottom of the European benchmark after a downgrade from BNP Paribas.

Matniyaz was given a «stern warning,» stripped of his party secretary duties and downgraded from senior staff member to staff member.

Kelly also has clashed with Trump's son - in - law and adviser Jared Kushner, who had his security clearance downgraded after a policy change written by the chief of staff.

For example, all of the major wireless carriers downgrade the quality of video streaming on some plans.

Jarosław Kaczyński added that «this would mean either pushing us out of the European Union or downgrading us to an inferior category of members.»

This week's stock - market crash (es) and downgrading of America's credit rating leave business owners asking: Is this the new normal?

Gary Evans, chief global equity strategist at HSBC, who downgraded his view on the market to underweight from neutral this week, believes investors may be placing too much hope on decisive action from the Bank of Japan (BoJ).

Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.

Premier Kathleen Wynne defended the government's pre-election budget, which will run a $ 6.7 - billion deficit in 2018 - 2019, saying Moody's change wasn't a credit downgrade, which would effect borrowing costs for the province.

One of the most respected analysts who follows Apple downgraded his rating on the stock on Friday to «market perform» from «outperform» and slashed his price target to $ 170 from $ 195.

In a report issued Wednesday, S&P said that sovereign rating downgrades are unlikely to outpace upgrades in 2017.

And a big part of that downgrade came as a result of ESPN.

Last year, downgrades outnumbered upgrades by almost 3:1, the agency said.

It has been more than five years since credit ratings firm Standard & Poor's downgraded the U.S. economy from the prized AAA score to AA — and that is unlikely to change in 2017, Standard and Poor's chief sovereign rating officer told CNBC Wednesday.

Vancouver's Goldcorp recently downgraded its production numbers for 2013, but RBC's Chris Beer still thinks it's a buy.