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Moody’s Cuts Corporate Debt Outlook to Negative
Credit & Capital

Moody’s Cuts Corporate Debt Outlook to Negative

The Fed's unusual intervention in the market will help but "is unlikely to prevent distress at businesses with less certain long-term viability."
By Matthew Heller | March 31, 2020
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Moody’s Downgrades Ford Deeper Into Junk
Financial Performance

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.
By Matthew Heller | March 26, 2020
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J.P. Morgan Downgrades Starbucks to Neutral
Credit & Capital

J.P. Morgan Downgrades Starbucks to Neutral

The company’s rating was lowered after the stock climbed over 90% in the past 12 months.
By Lauren Muskett | July 29, 2019
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S&P Cuts Oracle Rating on Stock Buyback Worries
Credit & Capital

S&P Cuts Oracle Rating on Stock Buyback Worries

With Oracle's buybacks exceeding free operating cash-flow generation, S&P is concerned the company will be overleveraged.
By Matthew Heller | July 3, 2019
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S&P Cuts Kraft Heinz Rating to Near Junk Grade
Financial Performance

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.
By Matthew Heller | June 21, 2019
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S&P Downgrades GE Rating on Power Woes
Credit

S&P Downgrades GE Rating on Power Woes

GE's "solid performance" in aviation and health care has been "overshadowed by weakness in the power segment," the rating agency says.
By Matthew Heller | October 3, 2018
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S&P Lowers Revlon Credit Rating to ‘CCC+’
Credit

S&P Lowers Revlon Credit Rating to ‘CCC+’

"We believe Revlon will face difficulties to meaningfully improve its credit metrics during fiscal 2018," the rating agency says.
By Matthew Heller | February 8, 2018
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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
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S&P Lowers Bed Bath & Beyond Credit Rating
Financial Performance

S&P Lowers Bed Bath & Beyond Credit Rating

The rating agency forecasts "continued weak operating results and gradually deteriorating credit metrics amid a challenging operating environment."
By Matthew Heller | October 5, 2017
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S&P Downgrades China on ‘De-Risking’ Doubts
Global Business

S&P Downgrades China on ‘De-Risking’ Doubts

The rating agency is concerned that China is not doing enough to "deleverage" its economy after years of credit-fueled stimulus.
By Matthew Heller | September 22, 2017
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S&P Downgrades Qatar Debt Amid Blockade
Global Business

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.
By Matthew Heller | June 8, 2017
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Moody’s Downgrade Highlights China Fears
Global Business

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.
By Matthew Heller | May 24, 2017
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S&P Downgrades Toshiba Debt Ratings Again
Credit

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."
By Matthew Heller | March 17, 2017
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Gap’s Credit Rating Downgraded to Junk
Strategy

Gap’s Credit Rating Downgraded to Junk

Fitch Ratings expresses doubts about Gap's cost-cutting strategy, saying earnings will fall this year even with $100 million in expense reduction.
By Katie Kuehner-Hebert | May 11, 2016
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Icahn Enterprises Facing Downgrade to Junk
Financial Performance

Icahn Enterprises Facing Downgrade to Junk

Activist investor Carl Icahn's holding company has suffered significant losses on its energy investments, imperiling its credit rating.
By Katie Kuehner-Hebert | February 22, 2016
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