B/E Aerospace debt ratings lowered by Standard & Poor'sSeptember 23rd, 2009 Some B/E Aerospace debt ratings loweredNEW YORK — Ratings agency Standard & Poor's said Wednesday it has lowered its long-term corporate credit rating on airline interior components manufacturer B/E Aerospace Inc. to junk status.
S&P raises Carter's debt rating by a notch to highest junk rating, keeps outlook stableSeptember 21st, 2009 S&P raises Carter's debt rating 1 notchSAN FRANCISCO — Standard & Poor's raised its rating on Carter's Inc.'s corporate debt by a notch to the highest rating still in junk territory and kept its outlook as stable. The rating was raised to BB+ from BB.
Moody's changes outlook on Sonic Auto debt to positive from negative, affirms junk ratingsSeptember 18th, 2009 Moody's changes Sonic Auto outlook to positiveNEW YORK — Moody's Investor Service on Friday affirmed the junk status of corporate family debt held by Sonic Automotive but it changed its outlook to positive from negative. The "Caa1" rating is on Sonic's corporate family debt and probability of default.
Moody's lowers rating on Sotheby's due to deeper than expected auction downturnSeptember 2nd, 2009 Moody's lowers rating on Sotheby'sNEW YORK — Moody's Investors Service on Wednesday lowered its rating on Sotheby's one step further into junk status with the expectation that a downturn in the auction market will be deeper and longer than anticipated. Moody's downgraded its long-term rating to Ba3 from Ba2.
Standard & Poor's lowers rating on some Continental debt, citing declining aircraft valuesSeptember 2nd, 2009 S&P lowers rating on some Continental debtNEW YORK — Standard & Poor's on Wednesday lowered the rating on some of Continental Airlines Inc.'s debt to a lower degree of junk status, citing declining aircraft values. Debt ratings can affect companies' borrowing costs.
Moody's upgrades Jo-Ann Stores' rating on improved financial picture and performanceSeptember 2nd, 2009 Moody's upgrades Jo-Ann Stores' ratingNEW YORK — Moody's Investors Service on Wednesday upgraded its rating on Jo-Ann Stores Inc. as the retailer has improved its operating performance and financial picture.
Moody's Investors Service considers downgrade for Sallie Mae ratings, citing profit, cash flowAugust 27th, 2009 Moody's mulls downgrade for Sallie MaeNEW YORK — Moody's Investors Service said it is considering downgrading long-term ratings for the nation's biggest student lender, Sallie Mae, citing earnings and cash-flow generation at the company. Sallie Mae, formally called SLM Corp., faces significant uncertainties over the political and consumer lending environment for student lenders, Moody's also said.
Moody's lifts Bowne outlook to 'stable' from 'negative' after debt repaymentAugust 19th, 2009 Moody's ups Bowne outlook to 'stable' on repaymentNEW YORK — Bowne & Co. Inc., which helps companies make and distribute documents for shareholders and investors, said Tuesday that Moody's Investors Service changed its outlook on the company to "stable" from "negative" after it paid down about $60 million in debt.
Moody's assigned 'Ba1' rating to Watson Pharma sale of $850M in senior unsecured notesAugust 18th, 2009 Moody's rates Watson note offering as 'junk'NEW YORK — Moody's Investors Service on Tuesday assigned a "junk" rating to Watson Pharmaceuticals Inc.'s $850 million offering of senior notes. Moody's gave a Ba1 rating to the sale of five- and 10-year notes.
Moody's assigns investment grade rating to International Paper's new senior notes offeringAugust 3rd, 2009 International Paper's note offering gets ratingNEW YORK — Moody's Investors Service on Monday assigned an investment grade rating to International Paper Co.'s new senior notes offering. The ratings agency gave the Memphis, Tenn.-based company a "Baa3" rating on its offering and rated its outlook negative.
Moody's raises rating outlook on Advance Auto Parts, affirms debt ratingsJuly 30th, 2009 Moody's lifts rating outlook on Advance Auto PartsNEW YORK — Moody's Investors Service said Thursday it raised its rating outlook on auto parts retailer Advance Auto Parts Inc. to positive from stable and affirmed its debt and liquidity ratings for the company.
Fitch raises Ventas Inc.'s investment-grade debt ratingsJuly 1st, 2009 Fitch lifts Ventas' investment-grade ratingsNEW YORK — Fitch Ratings on Wednesday raised the investment-grade ratings of Ventas Inc., citing steps the real estate investment trust has recently taken to shore up its capital position. The credit ratings agency upgraded its issuer default rating for Ventas and its subsidiaries to BBB from BBB-.
Moody's upgrades debt rating on Ohio utility company DPL and subsidiaryJune 26th, 2009 Moody's upgrades DPL and Dayton Power debt ratingsNEW YORK — Moody's Investors Service said Friday it has upgraded the senior unsecured debt rating for utility company DPL Inc. and the senior secured debt rating for its subsidiary Dayton Power & Light Co.
Moody's downgrades ratings of 30 Spanish banks and other lendersJune 16th, 2009 Spanish bank ratings downgradedMADRID — Moody's Investors Service has downgraded the ratings of 30 Spanish banks and building societies, citing Spain's economic downturn and a big rise in non-performing loans. The country's two largest banks — Banco Santander and BBVA — retained their B rating in financial strength and Aa1 rating for long-term debt.
Moody's downgrades New York Times, McClatchy credit ratingsApril 25th, 2009 New York Times, McClatchy credit ratings cutNEW YORK — Moody's Investors Service on Friday downgraded the credit ratings of The New York Times Co. and McClatchy Co.
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