Sentences with phrase «debt downgraded»

Bonds and bond funds will decrease in value as interest rates rise and are subject to credit risk, which refers to the possibility that the debt issuers may not be able to make principal and interest payments or may have their debt downgraded by ratings agencies.
In June 2017, credit rating agencies warned that Illinois could become the first state to have its debt downgraded to junk status if a budget was not enacted for the 2018 fiscal year.
Fast forward to April 2012 and once again GE finds its senior unsecured debt downgraded by Moody's, this time to Aa3 from Aa2.
Combining this with poor sales growth results in a dismal outlook for earnings 3) the pressure on earnings will continue to hurt capital spending, which is usually just a magnified image of earnings, 4) the same factors will continue to raise default rates, causing earnings problems and debt downgrades among banks and financial companies, 5) earnings shortfalls will also lead to continued job cutbacks, with the unemployment rate rising to at least 5.5 % (indeed, once the unemployment rate has advanced by 0.5 % from its lows, it has never reversed until rising by least 1.5 % off those lows).
How will overall debt downgrades and cascading economic uncertainly affect their latest high - wire act?
In that role, she reported on topics spanning the business world from covering the debt downgrade and debt ceiling crisis to the latest in policy debates, legal issues, and technology trends.
Markets were mostly unfazed by the U.S. debt downgrade.
It is also important to note that the above decades include not only the major bear markets of 2000 - 02 and 2007 - 08, but also many numerous short - term corrections like the Russian default / LTCM crisis of 1998, the «flash crash» in May 2010, and the U.S. debt downgrade in August 2011.
ShareDespite all the talk of the debt downgrade and how mortgage rates and interest - rates would skyrocket, it just hasn; t happened.
(Option Pit) Fact and fiction about the results of the debt downgrade.
A tried to explain to him that by the close of the day (6 hours from when he wanted to sell) all of the negative information surrounding the debt downgrade, European Debt Crisis, etc, would already be reflected in the stock market prices when his stock mutual funds were unloaded.
We expect the next several days to be as turbulent as other major market shocks of the last 15 years: September 11, the Lehman bankruptcy in 2008, the 2011 US debt downgrade from AAA to AA +, and the 2015 China slowdown.
Bloomberg clients: We'll be doing a TOPLive Q&A on Thursday, June 22 at noon ET, moderated by Martin Z. Braun, in which you can ask Joe Mysak questions about the latest with Connecticut, its debt downgrades, budget deficit and more.

Not exact matches

For a President or Finance Minister, there is only one appropriate response to a credit rating agency downgrading your nation's debt: feigned outrage.
In 2011, similar squabbles led to credit agencies downgrading the nation's debt from its triple A status for the first time 70 years.
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.
The European country's debt was downgraded yesterday, and that's good news for Canadian bond holders.
Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign debt if it issued more than the planned ¥ 44 trillion in bonds next year.
The Medicis deal, financed through debt, has bumped the company's debt level to more than $ 7 billion, or a 4.2 debt ratio, forcing Moody's to put Valeant's debt — already in junk bond territory — under review for a downgrade.
Nevertheless, Demirali says, doing that will «blow a hole» through Uncle Sam's budget and move rating agencies to downgrade American debt.
Downgrades in Humana's debt ratings, should they occur, may adversely affect its business, results of operations, and financial condition.
South Africa also suffered a sovereign debt rating downgrade from Moody's last month as the economy comes under pressure from energy shortages, unrest at platinum mines and a soaring budget deficit.
Cowen research downgraded United Technologies to market perform from outperform on Wednesday, citing the jet - engine maker's «hefty» deal price for Rockwell Collins and increased debt load following the proposed deal.
«But Clinton is convinced that most American voters did not intend to greenlight a radical anti-govenrment agenda and were appalled by the near default on U.S. debt and the downgrading of U.S. Treasuries.
While both plans would increase the debt ceiling, ratings agencies have said a short - term increase such as the one proposed by House Republicans may not be enough to protect the U.S. from a ratings downgrade.
Standard and Poor's, which downgraded the U.S. to AA + in 2011, has kept its U.S. outlook at «stable,» but has said it will lower the rating to «selective default,» or SD, if the Treasury misses any debt payment.
It also placed the country on review for a further downgrade, which — if it happened — would make Spanish debt «junk.»
Moody's has today also placed Spain's Baa3 government bond rating on review for possible further downgrade in order to assess the implications of several factors on the Spanish government's ability to continue to fund its borrowing requirements in the private debt markets.
Keep in mind that S&P downgraded the U.S. even if the government had already raised the debt limit.
The agency has said it will consider a downgrade if Congress doesn't raise the debt limit in a «timely manner,» that is, several days before Oct. 17, when the Treasury has said it will run out of wiggle room.
There were, among others, the debt ceiling standoff - cum - rating downgrade of 2011 and the fiscal cliff scare of late 2012, followed by awfully - timed tax hikes and spending cuts earlier this year.
Some of those drops have been the result of self - inflicted wounds, like the Congressional failure to raise the debt limit in 2011, which resulted in a downgrading of U.S. credit.
Such an outcome would be undesirable for the world's investors, however, which explains why ratings agency Standard & Poor's moved to downgrade U.S. treasury bills to AA + after the debt - ceiling deal had been reached.
Obama's jobs plan (speech transcript) has to win the approval of the same debt hawks in Washington who recently gave Standard & Poor's an excuse (read the press release here) to downgrade America's credit by threatening to not raise the nation's debt ceiling.
A downgrade by a credit rating agency usually means investors will demand a higher interest rate when a company goes to raise cash by issuing bonds or other debt.
Conference Board officials speculated the drop may be a consequence of the debt - ceiling debate and the subsequent downgrade of America's credit rating by Standard & Poor's.
Moody's Investor Service downgraded Tesla's debt into junk territory back in March, warning at the time that Tesla didn't have cash to cover $ 3.7 billion for normal operations, capital expenses and debt that come due early next year.
Independent bond research firm Gimmie Credit downgraded the debt of the giant chemical company on Tuesday, saying Peltz's pressure may end up forcing DuPont's executives to do something «materially harmful» to the company.
Economic conditions in Europe are unsettling, with Italy's recent struggles and the downgrade of British debt.
The FCA is not the first body to express concerns about the state of credit in the UK, with ratings agency Moody's downgrading the outlook on four out of five types of UK consumer debt investments at the beginning of August.
But more debt could prompt a ratings downgrade to junk levels, raising the cost of borrowing, not to mention making the whole enterprise riskier if programming revenue does surprisingly start to fall.
TORONTO — Fitch Ratings downgraded Ontario's long - term debt rating Friday, highlighting «risks» on the path to the Liberal government's target of balancing the budget by 2017 - 18.
«The downgrade to AA - reflects Fitch's concern that risks remain to achieving its goals and both debt burden and the accumulated deficit will remain significantly elevated.»
The latest cause for worry, as we write, is the warning by Standard & Poors that Italy's sovereign debt rating of A + is at risk (a one - in - three chance) of being downgraded in the next 2 years, due to doubts about the success of the government's debt - reduction program.
Even in the face of recession warnings and the agency's downgrades, the European debt market keeps improving.
Just as significant as the ratings downgrades may be the suspension on Friday of the creditor talks in Greece — whose debt S. & P. long ago gave junk status.
It's hard to know for sure, but market analysts point to new types of souped - up computerized trading and extraordinary global economic turmoil — from protests over a second bailout for Greece to the downgrade of United States debt.
Richard explains why we are upgrading European equities to overweight and downgrading emerging market debt to neutral over...
The latest punch was S&P's downgrade of U.S. debt.
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