credit rating agency Archives - CFO

S&P Questions Tesla’s Profitability Outlook

Financial Performance

S&P Questions Tesla’s Profitability Outlook

While the automaker sees a return to profitability in Q3 after the $702 million Q1 loss, S&P is predicting only limited improvement.

By Matthew Heller | April 29, 2019

Fitch Lowers General Electric Credit Ratings

Financial Performance

Fitch Lowers General Electric Credit Ratings

The rating agency says GE's return to higher margins and stronger free cash flow is going more slowly than it previously anticipated.

By Matthew Heller | November 28, 2017

Fitch Keeping ‘Negative’ Eye on Deutsche Bank

Financial Performance

Fitch Keeping ‘Negative’ Eye on Deutsche Bank

The credit rating agency says the bank's debt may need to be downgraded as it struggles with a sluggish business environment.

By Matthew Heller | November 4, 2016

U.K. Economy Faces ‘Significant Slowdown’: S&P

U.K. Economy Faces ‘Significant Slowdown’: S&P

The United Kingdom thrived as an EU member, and leaving will destabilize the economy and the country's finances, says S&P.

By Vincent Ryan | June 27, 2016

Junk Defaults to Rise to 4.6% in Next Year

Investment Banking

Junk Defaults to Rise to 4.6% in Next Year

Moody's cites "deteriorating credit conditions especially in commodity sectors such as oil & gas and metals & mining."

By Katie Kuehner-Hebert | April 11, 2016

Liquidity Woes Hit Non-Energy Junk Bond Issuers

Liquidity Woes Hit Non-Energy Junk Bond Issuers

Moody's Investors Service said its Liquidity Stress Index (LSI) jumped to 7.9% in January from 6.8% in December 2015.

By Matthew Heller | February 3, 2016

Kroll Firm to Expand Bond Rating Coverage

Kroll Firm to Expand Bond Rating Coverage

With an infusion of new capital from a private-equity investor, Kroll hopes to double in size in the next three years.

By Matthew Heller | November 9, 2015

SEC Strips Out Credit Ratings for Money Funds

Risk Management

SEC Strips Out Credit Ratings for Money Funds

A low credit rating on a short-term security will no longer prohibit a money market fund from investing in it.

By Katie Kuehner-Hebert | September 17, 2015

S&P Settles Suits Over MBS Ratings

Risk & Compliance

S&P Settles Suits Over MBS Ratings

The credit rating agency declined to downgrade underperforming securities because it would hurt business, said Eric Holder.

By Matthew Heller | February 4, 2015

S&P Downgrades Russia’s Credit Rating to Junk

S&P Downgrades Russia’s Credit Rating to Junk

The credit rating agency cut its projection of Russia's annual economic growth to 0.5% for the next four years and called monetary policy less flexible.

By Matthew Heller | January 27, 2015

S&P to Pay $77M to Settle Ratings Fraud Charges

Risk Management

S&P to Pay $77M to Settle Ratings Fraud Charges

The credit ratings agency also agrees to a one-year ban from rating certain kinds of commercial mortgage-backed securities.

By Matthew Heller | January 21, 2015

SEC Details Compliance Flaws at Credit Raters

Risk & Compliance

SEC Details Compliance Flaws at Credit Raters

All three large credit rating agencies “had weaknesses concerning access to market-share and revenue data by personnel who participate in ratings."

By Matthew Heller | January 5, 2015

Ratings Agencies: Credit Where Credit’s Due

Management Accounting

Ratings Agencies: Credit Where Credit’s Due

The ratings industry has bounced back from the financial crisis.

By Economist Staff | April 22, 2014

A New World for Bonds

Global Business

A New World for Bonds

Time to sweep away an artificial distinction in the world of corporate debt issues.

By Economist Staff | February 7, 2014