Sentences with phrase «downgrade on its credit rating»

Not exact matches

Heavy earthmoving equipment supplier Emeco Holdings has shrugged off a credit rating downgrade from Fitch Ratings, with managing director Ian Testrow saying the market should focus on the big picture of the company's merger and restructuring plan.

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.

Adding to those concerns: Moody's downgraded the cash - burning carmaker's credit rating to a B3 from a B2 on Tuesday, putting an overall negative outlook on the firm.

PARIS — Standard & Poor's downgraded the credit ratings of France, Italy and seven other European countries on Friday, a move that may have more symbolic than fundamental financial impact but served as a reminder that Europe's economic woes were far from over.

The State was downgraded to the lowest possible investment grade rating and remains on negative watch with an S&P / Moodys credit rating of BBB - / Baa3.

However, in August 2011 the long - term sovereign credit rating on the United States of America was downgraded to AA + from AAA by the Standard & Poor's ratings agency, reflecting increasing concerns about the U.S. budget deficit and its future trajectory.

Rating Agency Standard & Poor's said on Tuesday that the required restatement of Toshiba's profit could lead to its credit rating being downgRating Agency Standard & Poor's said on Tuesday that the required restatement of Toshiba's profit could lead to its credit rating being downgrating being downgraded.

A downgrade in the credit rating of a bond by the credit agencies can affect bond performance as well if institutional investors are forced to sell because of restrictions on the credit quality of the bonds they're able to hold.

a reduction in the rating awarded a debt or equity security; a credit agency downgrades the debt of a company, municipality, or governmental entity indicating a potential deterioration in the financial situation of the issuer and its ability to meet its obligations in full and / or on time.; a downgrade suggests investors are less certain to receive interest payments and return of capital

Moody's Investors Service also downgraded Tesla's credit rating further into junk on Tuesday.

In the latest report issued by Moody's Investors Service on Wednesday, the internationally famous credit rating agency downgraded its outlook on China's credit rating from «stable» to «negative,» while affirming the still - respectable Aa3 grade on its sovereign debt.

The letter is one CEO's attempt to demonstrate control in the face of economic concerns, which have grown even more concerning since Standard & Poor's downgraded the U.S. credit rating on Friday.

Shares in China also respond to a decision from S&P Global Ratings to downgrade China's long - term sovereign credit rating on Thursday.

Credit rating agencies have downgraded or lowered their outlook on commodity exporters like Angola, Ghana, Mozambique and Zambia, which were the darlings of international investors until just over a year ago.

On Monday, Moody's credit rating service downgraded France from its previous triple - A status.

Oman's credit rating was reduced by two levels to A3 and placed on review for a further downgrade.

On Monday, the Dow finished down 4.6 percent, the biggest decline in percentage terms since August 2011, when investors were fretting over Europe's debt crisis and the debt ceiling impasse in Washington that prompted a U.S. credit rating downgrade.

That could set up another showdown like those that took place in 2011 and 2013 — when lawmakers brought the government to the brink of defaulting on U.S. debt, leading Standard & Poor's to downgrade the nation's credit rating for the first time.

A rating agency could downgrade the credit rating on an ARS issue, thus making the shares less liquid at an auction or outside of auction.

Moody's Investors Service announced it would review «for possible downgrade» the credit ratings of five states, including Maryland, that could be hit particularly hard if Congress fails to raise the nation's debt limit by the Aug. 2 deadline and defaults on its financial obligations.

In May last year, we were at significant risk of a downgrading in our international credit rating, with a catastrophic impact on public services, business and consumer confidence, a long period of stagflation, and a contraction in the economy.

They made the number one test of their economic credibility keeping the triple A credit rating — but on their watch Britain has been downgraded, not once but twice.

Peter Kellner on public reaction to UK's credit - rating downgrade and allegations against Lord Rennard (Comments: 4)

General discussion ensues about whether a credit rating downgrade means Britain can be classed as a developing country, so it can get in on some of that sweet ring - fenced budget.

Chancellor George Osborne has insisted the Government was delivering on its commitment to tackle the UK's debt problem after ratings agency Moody's downgraded the country's AAA credit rating.

This downgrade is a humiliating blow for a Chancellor who has staked his reputation on the UK's triple A credit rating.

Fact: While Ryan tried to pin the downgrade of the United States» credit rating on spending under President Obama, the credit rating was actually downgraded because Republicans threatened not to raise the debt ceiling.

So essentially, the GOP is demanding that the Democrats in Congress cave in to their demands for drastic cuts to Medicare and other social programs under threat of default on our federal debt, the downgrading of our international credit rating, and a likely plunge into economic depression.

«The Greater Fool» begins on Aug. 8, 2011, the day Standard and Poor's downgraded the credit rating of the U.S..

NEW YORK, Oct 31 (Reuters)- General Motors Corp.'s and Ford Motor Co.'s credit ratings were affirmed on Thursday by Fitch Ratings, following downgrades of the world's top two automakers earlier this month by Standard & ratings were affirmed on Thursday by Fitch Ratings, following downgrades of the world's top two automakers earlier this month by Standard & Ratings, following downgrades of the world's top two automakers earlier this month by Standard & Poor's.

In an acknowledgement of the glaringly obvious, Fitch downgraded Japan's credit rating by a notch on Monday, citing Japan's ballooning pubic debt.

Right now, there are rumors that the French credit rating could be downgraded, and there is a great deal of focus on bank stability and sovereign debt issues in Europe.

Approximately two - thirds of the mark - to - market loss in 2007 on the insured credit derivatives portfolio resulted from wider spreads for commercial mortgage - backed securities and residential mortgage - backed securities collateral and the remaining one - third was primarily due to ratings downgrades of the collateral comprising insured credit derivatives for multi-sector CDO structures.

Think of AIG: they were rendered insolvent by rising margin requirements as their creditworthiness was downgraded, largely because the rating agencies concluded they were going to lose a lot of money off of their many bets on subprime residential credit.

Remember 2011, when Europe seemed on the verge of collapse and the U.S. had its credit rating downgraded?

On May 24, 2017, Moody's Investors Service downgraded the credit rating of China due to the country's slow growth and increasing debt.

The risk for bond investors that the issuer will default on its obligation (default risk) or that the bond value will decline and / or that the bond price performance will compare unfavorably to other bonds against which the investment is compared due either to perceived increase in the risk that an issuer will default (credit spread risk) or that a company's credit rating will be lowered (downgrade risk).

It is rough for anyone relying on ratings during the bust of the cycle, because the philosophy shifts from «ratings are made over a full credit cycle» to «ratings should last until lunchtime, maybe, uh, look the stock price is down 5 %, post a downgrade.»

The significance of this is not lost on Moody's Credit Ratings system, with the threat of downgrades to Ontario.)

«Look for things like a sharp increase in the card's interest rate, cutting back on benefits like auto insurance or trip protection or downgrades of ways you can earn points and miles,» says Benet J. Wilson, associate credit cards editor for CompareCards.com, another LendingTree - owned site.

For any upgrade or downgrade in plan level that you elect, your credit card will automatically be charged the new rate on your next billing cycle.

Moody's downgraded the credit rating of the United Kingdom from Aa1 to Aa2 on September 22, citing weakening public finances and calling into question the Government's fiscal consolidation plans.

On Monday, Standard & Poor's downgraded General Growth's corporate credit rating to BB from BB + and put the company on the watch list for further downgradeOn Monday, Standard & Poor's downgraded General Growth's corporate credit rating to BB from BB + and put the company on the watch list for further downgradeon the watch list for further downgrades.