Activist Investor Efforts Increasingly Lower Credit Ratings
Shareholder activist M&A or break-up campaigns continue to be the largest contributor to rating changes.
Moody’s Pushes Turkey Debt Rating Down to B2
"As the risks to Turkey's credit profile increase, the country's institutions appear to be unwilling or unable to effectively address these challenges."
Moody’s Downgrades Ford Deeper Into Junk
The rating agency says the threat of "a severe and prolonged decline" in auto markets due the coronavirus adds to the pressures on the company.
Credit Quality: Downgrades Keep Coming
While all eyes are on the equity markets, credit is the lifeblood of corporations. Which companies are facing headwinds?
Credit Quality: Downgrades Pick Up Pace
As coronavirus fears disrupt the economy, CFO is tracking the weakening in corporate credit ratings and the companies under stress.
J.P. Morgan Downgrades Starbucks to Neutral
The company’s rating was lowered after the stock climbed over 90% in the past 12 months.
Moody’s, Fitch Downgrade Boeing Credit Outlook
The ratings agencies lowered Boeing's outlook to negative due to concerns over the financial fallout from the grounding of the 737 MAX planes.
S&P Cuts Kraft Heinz Rating to Near Junk Grade
The rating agency believes Kraft Heinz "will be unable to meaningfully grow adjusted EBITDA" amid "significant" competition from other manufacturers.
Dun & Bradstreet Downgraded on LBO Financing
S&P cited leverage increases and turnaround execution risks.
Could High-Riding Netflix Be In for a Fall?
Changes in executive pay, the departure of its CFO, and almost $30 billion of cash obligations may be warning signs for Netflix's valuation outlook.
Rising Income Gap Threatens U.S. Credit Rating
"Pressures from rising inequality will exacerbate already material fiscal challenges on the horizon," Moody's warns in a report.