S&P Downgrades Qatar Debt Amid Blockade
The rating agency believes the blockade by four Arab states could put pressure on the country's economic growth and fiscal metrics.
Moody’s Downgrade Highlights China Fears
The rating agency says China's "financial strength will erode somewhat over the coming years" as a result of excessive economy-wide debt.
S&P Downgrades IBM’s Credit Rating to ‘A+’
The rating agency says IBM's transition to operating stability as it spends heavily on new businesses "will take longer than we had previously forecast."
S&P Downgrades Toshiba Debt Ratings Again
The credit rating agency warns of "a growing likelihood that Toshiba will become unable to fulfill its financial obligations in a timely manner."
S&P Strips Under Armour of Investment-Grade Rating
The sports apparel company's credit rating is cut to 'junk' level on weakening margins and 'intense competition.'
Kohl’s Credit Rating Dinged by S&P
Specialty department store Kohl's has its corporate credit rating cut to BBB-, the lowest investment-grade rung.
VW Extends $21 Billion Credit Line to June
The carmaker is still hoping to return to the bond market as it continues to deal with the fallout from its emissions scandal.
S&P Signals Downgrade in U.K. Credit Rating
The "Brexit" will deter investment in the U.K.'s economy and put its financial sector at a competitive disadvantage, S&P predicts.
Moody’s Cut Deutsche Bank’s Credit Rating
Saying Deutsche Bank's restructuring plan faces substantial headwinds, Moody's downgraded the bank's unsecured debt and long-term deposit ratings.
Exxon Loses AAA Credit Rating From S&P
A rising debt level and dividends exceeding internally generated cash flow caused the downgrade.
Oil Price Fall Hits Saudi Arabia’s Credit Rating
Fitch Ratings reduced Saudi Arabia’s long-term foreign and local currency ratings to "AA-," the fourth-highest investment grade.