In order to come up with 10 names, we included six stocks
with debt ratings as low as BBB +, which is still investment grade, albeit at the lower end of the scale.
We add the debt spread associated
with the debt rating on the company's long - term debt to the risk - free - rate.
Not exact matches
To identify these companies, we look for stocks that have a minimum market capitalization of $ 1 billion
with an A +
debt rating from at least one of the
debt -
rating agencies.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions
with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build
rates of certain aircraft; 6) the effect on aircraft demand and build
rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange
rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements
with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements
with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts
with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount
rate changes on pension obligations; 17) our ability to borrow additional funds or refinance
debt, including our ability to obtain the
debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit
ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships
with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest
rates increase substantially; 27) the effectiveness of any interest
rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange
rates, impositions of tariffs or embargoes, compliance
with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Fill the bulk of your portfolio
with a combination of high -
rated bonds (weighted toward corporate, rather than government,
debt) and high - quality, dividend - paying equities, and you likely won't take a hit.
S&P said in March a rupiah exchange
rate of 15,000 a dollar is «the psychological level» at which companies
with weak balance - sheets could struggle
with repayments and those
with good cashflow might start to proactively restructure their
debt.
Wesfarmers has received a boost,
with Moody's upgrading its issuer and senior unsecured long term
debt rating from Baa1 (positive) to A3 (stable).
Hacking away at $ 348.8 - billion in total
debt would give the province more room to deal
with the next recession — especially in an era of economic uncertainty and rising interest
rates.
And as the
debt load grows, efforts by the Federal Reserve to stimulate the economy
with lower
rates would be more likely to feed runaway inflation.
Mortgages aren't the only
debt Canadians are saddled
with, however, and the
rates on credit cards, car loans, and home equity lines of credit could tick up as well, further increasing a household's overall carrying costs.
If you can leave this decade
with minimal
debt, you're in good shape — focus on paying off your highest interest
rate debt, and your credit card balances monthly.
With the domestic economy too weak to maintain China's high growth rates, and with exports to the West hurting, the Communist Party in Beijing and its regional offshoots have come to rely heavily on cheap exports and debt - fuelled investment to sustain China's fragile fortu
With the domestic economy too weak to maintain China's high growth
rates, and
with exports to the West hurting, the Communist Party in Beijing and its regional offshoots have come to rely heavily on cheap exports and debt - fuelled investment to sustain China's fragile fortu
with exports to the West hurting, the Communist Party in Beijing and its regional offshoots have come to rely heavily on cheap exports and
debt - fuelled investment to sustain China's fragile fortunes.
With typical compound interest
rates averaging around 16 %, this black hole of
debt keeps growing, and growing, and growing.
With the scandal set to hurt profits and as funding costs climb, the
debt load will likely increase beyond 5 times Ebitda, Mizuho Securities USA said Thursday in a note to clients, adding its internal credit
rating on BRF is now three steps below investment grade.
«We are unlikely to see higher interest
rates soon, since
with $ 15 trillion in
debt constantly rolling over, as a country we can't afford higher interest
rates,» Backus says.
By taking your student loan
debt and combining it
with your other outstanding consumer
debt — cedit cards, mortgages, lines of credit and loans — you have the ability to negotiate or take advantage of a lower interest
rate, all while streamlining your payments to one lender and one payment per month.
In the midst of the effort to avert a housing crash and convince Canadians to stop borrowing, here were BMO and Manulife publicizing cut -
rate housing
debt with all the discretion of used - car salesmen.
That's likely an extreme case, but other investigations by state attorneys general and the Federal Trade Commission have routinely found
debt - settlement companies
with completion
rates of 10 % or less.
If mortgage interest
rates were higher, paying down this
debt would make more sense, but
with rates at about 4 percent, investing that money could yield a higher
rate of return.
Although mathematically it makes the most sense to pay back the
debts with the highest interest
rates first, for Sall, starting
with the smallest ones — regardless of interest
rate — was far more motivating.
(Total
Debt Freedom is accredited
with the Better Business Bureau, which
rates it A +.)
Not only is it a high
rate, but it also lacks tax advantages and protections you might have
with mortgage or student loan
debt.
The city is weighed down
with debt, billions in unfunded pension obligations, declining credit
ratings, a police department often accused of using excessive force against African - Americans, a rising tide of murders, and a host of other troubles.
In the near term, higher interest
rates will have an immediate effect on consumers
with credit card
debt, home equity lines of credit and those carrying adjustable
rate mortgages.
Ratings agency Moody's reported Monday that the rolls of «potential fallen angels,» or issuers
with investment - grade
debt currently in danger of becoming junk, swelled by 17 in the third quarter, while no companies fell into the opposite category, called «potential rising stars.»
But
with interest
rates still near all - time lows, and only moving up slightly on the Trump news, it seems the market still thinks there is appetite for all that
debt, or that the U.S. economy will grow fast enough to justify it.
Lower interest
rates, the report noted, could provide some cushion for
debt servicing to vulnerable firms
with an interest cover between 1 and 1.75 - comprising around 15 percent of the total
debt of top 500 listed borrowers in fiscal 2015.
MBA grads are shouldering record levels of
debt as tuition
rates head skyward, making the degree a risky investment that's not often approached
with caution or restraint.
However, holding
debt is associated
with a lower
rate of homeownership, irrespective of degree type, according to the report.
For
ratings issued on a program, series or category / class of
debt, this announcement provides relevant regulatory disclosures in relation to each
rating of a subsequently issued bond or note of the same series or category / class of
debt or pursuant to a program for which the
ratings are derived exclusively from existing
ratings in accordance
with Moody's
rating practices.
Because there aren't many bargain stocks out there, she recommends taking advantage of low
rates on student loan and consumer
debt to pay down slowly while investing
with cash savings.
Credit Sesame, CreditCards.com and Credit.com are three sites that will help you compare credit card
rates, terms, and rewards, as well as provide a lot of useful information on how to deal wisely
with credit card
debt.
As a consequence, the government's fiscal and
debt position is no longer commensurate
with a
rating in the A range or even at the top of the Baa range.
«These types of «good
debt» give far lower interest
rates for people
with good credit than the typical margin
rates offered by brokers,» she said.
Adding to the M&A hurry are the current low interest
rates, which make capital cheap for companies like Allergan (AGN) and Mylan (MYL) that have funded their acquisitions
with debt.
With the rate of home ownership now close to 70 %, and with household debt at a record high, much of the financial health of Canadian households is inextricably linked to home values, making it the kind of dominant concern that not only affects household finances, but consumer psychology and confide
With the
rate of home ownership now close to 70 %, and
with household debt at a record high, much of the financial health of Canadian households is inextricably linked to home values, making it the kind of dominant concern that not only affects household finances, but consumer psychology and confide
with household
debt at a record high, much of the financial health of Canadian households is inextricably linked to home values, making it the kind of dominant concern that not only affects household finances, but consumer psychology and confidence.
With debt crises looming in the U.S. and the EU, central bankers are still hesitant to heed the advice of observers who warn (as the OECD did in a recent report), that rock - bottom interest
rates have touched off problematic inflation.
Belgium, in particular, has 26 years
with debt - to - GDP above 90 percent,
with an average growth
rate of 2.6 percent (though this is only counted as one total point due to the weighting above).
Considering its strategic orientation of growing through acquisition, ACT has some latitude at the
rating for periodically elevated leverage, but we believe that negative
rating pressure would emerge if a transaction caused fully adjusted
debt to EBITDA to exceed 3.5 x
with risky prospects for a return to below 3.0 x. Moreover, the
rating would be under pressure if increased competition caused weaker earnings, particularly from merchandise and services, keeping
debt to EBITDA above 3x.
England has 19 years (1946 - 1964) above 90 percent
debt - to - GDP
with an average 2.4 percent growth
rate.
With credit card
debt rising steadily, the quarter - percentage - point increase in the federal funds
rate will cost consumers roughly $ 1.6 billion in extra finance charges in 2017, according to a WalletHub analysis.
By late summer 2014,
with interest
rates having declined further, it appeared that no further
debt relief would have been needed under the November 2012 framework, if the program were to have been implemented as agreed.
In three rounds, the last of which concluded in 2014, the central bank credited itself
with funds that it then used to buy
debt — Treasurys and mortgage - backed securities, the latter in an effort to drive down
rates on housing loans during the worst real estate market since the Great Depression.
The main culprit in the drop off is a pretty hefty interest expense item associated
with $ 25 million in
debt the company issued in February 2009, which bears an 11 percent interest
rate.
He says the higher
rates have helped keep the accumulation of household
debt lower than it otherwise would have been had Canada continued
with government belt - tightening approaches of the past.
«Look, if you think we can have zero interest
rates forever, maybe it won't matter, but in my view one of two things is going to happen
with all that
debt.
Represents loss on early extinguishment of
debt and non-cash interest expense related to losses reclassified from accumulated other comprehensive income (loss) into interest expense in connection
with interest
rate swaps settled in May 2015.
Low oil prices are leaving many oil and gas companies
with difficult
debt loads, causing them to default at an extraordinary
rate.
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.
U.S. government
debt yields continued their upward climb Wednesday,
with the
rate on the 10 - year Treasury note edging above the 3 percent benchmark it hit Tuesday for the first time since 2014.