Sentences with phrase «junk status in»

Talk of a move to re-establish state fiscal oversight of the city's schools has circulated since the summer and comes as bond ratings agencies have dropped CPS» debt deeper into junk status in advance of district plans to add more than $ 850 million to its overall debt load.

Despite being one of the wealthiest communities in the state, Oyster Bay saw its bond rating reduced to junk status in April amid swelling pension costs and persistent operating deficits.

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.

The average holding in PowerShares Senior Loan ETF (BKLN) is rated B, landing squarely in «junk» status.

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.

The 500 - room Westin was built in 2007, but it hasn't met revenue projects over the last decade, and in 2014, Standard & Poor's downgraded the village to junk - bond status based mostly on the financial mismanagement of the hotel.

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.

Last April, Standard and Poors downgraded the town's credit to junk status, citing a decade of deficits and weak financial management while Moody's Investor Services in January assigned the town its lowest investor grade ranking.

«We have gone from near junk bond status to the A category in just three years.»

Standard and Poor's joined Moody's Investors Service in dropping Rockland County's credit rating level on Friday, June 29, putting the county at just above junk status.

If Rockland reaches junk status, there are fears a state board will take over the county to get its finances in order.

Venditto's reputation in Oyster Bay suffered as the town's once enviable finances deteriorated as debt more than doubled to more than $ 729 million over the past decade and Standard & Poor's downgraded Oyster Bay's credit rating to junk status.

For almost two decades now, ketchup has the despised status of a junk food in the public opinion.

Relegation to junk bond status is a significant event in corporate finance.

The drop to junk status shows that the company could quickly run into difficulties in paying its debts, especially as the company will see its cost of capital increase and its financing options shrink as a result of the downgrade.

In October 2015, ratings agency Fitch downgraded the state's credit rating to near - junk status.

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.

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?

The South African rand plunged more than 11 % in the last 7 days, first rattled by a downgrade by Standard & Poors to junk status as well as the move by Moody's to place South Africa — which it has two notches above junk — on downgrade review.

In fact, it seemed to take the worst news possible — like Junk Status downgrades — to spark life back into the Rand and trigger a significant strengthening, as the below Chart shows.

But, as can be seen from Figure 1, that's almost exactly how the market played out, with the Rand initially weakening to 14.15 in anticipation of Junk Status announcement, and then reversing sharply on the news, against all mainstream expectations!