S&P

CFOs Still Clinging to Corporate Cash
M&A

CFOs Still Clinging to Corporate Cash

Will companies "turn their attention from securing liquidity to unwinding their cash savings?"
By Vincent Ryan | April 14, 2021
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Activist Investor Efforts Increasingly Lower Credit Ratings
Mergers & Acquisitions

Activist Investor Efforts Increasingly Lower Credit Ratings

Shareholder activist M&A or break-up campaigns continue to be the largest contributor to rating changes.
By Vincent Ryan | March 19, 2021
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Will There Be a Second Round of Paycheck Protection Loans?
Working Capital

Will There Be a Second Round of Paycheck Protection Loans?

Under proposed legislation, smaller businesses would be targeted, and they would have to show a 50% revenue drop.
By Vincent Ryan | July 20, 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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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
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PG&E Falls Further After S&P Downgrades Credit Rating
Credit

PG&E Falls Further After S&P Downgrades Credit Rating

The rating agency says PG&E may have limited access to capital amid liability claims.
By William Sprouse | January 8, 2019
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Altria Buys Big Stake in E-Cigarette Company
M&A

Altria Buys Big Stake in E-Cigarette Company

The $12.8 billion investment prompted a downgrade by Standard & Poor's.
By William Sprouse | December 20, 2018
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S&P, Moody’s Downgrade Turkey
Risk

S&P, Moody’s Downgrade Turkey

Turkey's economy is being hurt by a 40% drop in its currency, the lira, and skyrocketing inflation.
By William Sprouse | August 20, 2018
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Internet Sales Tax Ruling Seen Boosting States
Tax

Internet Sales Tax Ruling Seen Boosting States

The Supreme Court decision “should provide a welcome incremental addition to state coffers" over the long term, S&P says.
By Matthew Heller | June 22, 2018
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S&P Downgrades Eastman Kodak to ‘CCC’
Risk

S&P Downgrades Eastman Kodak to ‘CCC’

S&P says there is a material risk Eastman Kodak will be unable to refinance a $395 million outstanding term loan.
By William Sprouse | June 6, 2018
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Wells Fargo’s Credit Rating Takes a Hit
Risk Management

Wells Fargo’s Credit Rating Takes a Hit

S&P downgrades the bank, citing "the complexities of improving compliance and operational risk controls throughout its very large organization."
By Vincent Ryan | February 8, 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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Sorry, Jodie Foster, Big-Budget Films Are Winning
Risk

Sorry, Jodie Foster, Big-Budget Films Are Winning

Films with production budgets of more than $200 million are earning the highest worldwide box office returns, says Standard & Poor's.
By Vincent Ryan | January 10, 2018
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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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