It was the second downgrade to
junk status for FGIC Corp this week.
Suffice it to say there will be more sellers than buyers on a downgrade to
junk status for Illinois.
Not exact matches
«It's on the way» to
junk status, said Carlos Gribel, the head of fixed income at private investment bank Andbanc Brokerage in Miami, adding the bonds still have room to fall before becoming attractive to investors with an appetite
for risk.
As default rates on
junk - rated debt is above nine percent, companies with
junk status face an average interest rate that is a whopping ten percent points above Treasuries — these days, that translates into roughly 12 percent
for a five - year loan.
And if all that wasn't enough, Moody's is putting Illinois under consideration
for a credit downgrade — potentially making it the first U.S. state to receive «
junk» rating
status.
Moreover, not only does a la carte
junk food pose a nutritional issue, it inadvertently creates a civil rights issue when only kids with money in their pockets can get the «cool food,» and needy kids are afraid to stand in line
for the federally subsidized meal lest their pictures be snapped on cell phones and posted on Facebook to shame them
for their lower economic
status.
I think the change I was suggesting (eliminating
junk food in favor of fruits and vegetables
for snacks) was viewed as conflicting with the
status quo.
Gaughran's proposal feeds off Oyster Bay's downgrade, allowing
for a recall election if a municipality's
status is lowered to «
junk bond»
status.
The proposal from Jim Gaughran would create a recall mechanism
for officials if a municipalities bond rating were to be deemed be «
junk status» if directly linked to corrupt acts taken by elected officials.
With the loans the town backed indirectly
for Singh, and the political, legal and financial brouhaha that followed, Oyster Bay's pristine credit rating fell to
junk - bond
status.
For almost two decades now, ketchup has the despised
status of a
junk food in the public opinion.
For the Washington Mutual Stockholders that day came on September 15th 2008 when the S&P rating agency lowered their rating for Washington Mutual Bank to Junk status with a negative outlo
For the Washington Mutual Stockholders that day came on September 15th 2008 when the S&P rating agency lowered their rating
for Washington Mutual Bank to Junk status with a negative outlo
for Washington Mutual Bank to
Junk status with a negative outlook.
As default rates on
junk - rated debt is above nine percent, companies with
junk status face an average interest rate that is a whopping ten percent points above Treasuries — these days, that translates into roughly 12 percent
for a five - year loan.
While ETF traders have been saying stocks were poised
for some sort of downside correction, particularly in view of riots in Greece in the wake of Standard & Poor's downgrade of that country's sovereign debt to
junk status, Thursday's swift and unprecedented price action — between 2:30 and 3:00 p.m. EDT — clearly involved computers as opposed to panicked humans.
For example, an oil company that has reported sustained losses over several quarters due to falling oil prices may see its investment - grade bonds downgraded to
junk status due to increasing risk of default.
Fallen Angels are the name
for bonds that were once investment grade, but have been downgraded towards
junk status.
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.
Should Illinoisans tolerate the defiance exhibited here in Illinois to follow the dictates of the economic disastrous Paris Climate accord, given the near
junk bond
status of the state, and when the accord has nothing to do with climate change and everything to do with punishing the US
for being too industrial, too successful, too Western, and a host of other supposed evils that cause leftists to become unhinged?
«If you look at the long - term [
for coal], it's not getting any better,» said Standard & Poor's Aneesh Prabhu when S&P downgraded coal company bonds to
junk status.
That said, one can not ignore that the actual realisation that «
junk status» sends a major blow to consumer confidence and will have a longer term negative impact on the economy and we again emphasise the need
for political and economic stability.