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 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 & Poors lowers rating on Brown shoe over performance concernsSeptember 1st, 2009 S&P lowers rating on Brown ShoeNEW YORK — Standard & Poor's Ratings Services on Tuesday lowered its corporate credit rating on St. Louis-based Brown Shoe Co.
Standard & Poor's takes California off credit watch, easing the way for state to sell bondsAugust 19th, 2009 S&P takes California off negative credit watchSACRAMENTO, Calif. — A major bond-rating agency has taken California off its negative credit watch but says the state's financial situation remains precarious.
Standard & Poor's boosts EXCO Resources Inc. credit rating, praises sale of petroleum assetsAugust 19th, 2009 S&P boosts EXCO Resources credit ratingDALLAS — Standard & Poor's Ratings Services said Wednesday it has increased the corporate credit rating it assigns to EXCO Resources Inc. after the petroleum company sold some of its assets.
Standard & Poor's cuts rating on Liz Claiborne, says poor performance to continueAugust 18th, 2009 Standard & Poor's cuts rating on Liz ClaiborneNEW YORK — Standard & Poor's Ratings Services lowered its rating on Liz Claiborne Inc. further into junk status on Monday, saying the clothing company's poor performance was expected to continue for the remainder of the year.
Fitch backs "BBB" senior debt rating for Marsh & McLennan citing improved flexibilityAugust 14th, 2009 Fitch affirms Marsh & McLennan credit ratingNEW YORK — Fitch Ratings on Friday affirmed its "BBB" senior debt rating for Marsh & McLennan Cos., saying that the insurance broker's financial flexibility has improved significantly over the past several years. The ratings service also affirmed Marsh & McLennan's long-term issuer default rating and short-term issuer default rating at "BBB" and "F2," respectively.
Standard & Poor's raises India's growth forecastAugust 13th, 2009 NEW DELHI - Global rating agency Standard & Poor's (S&P) Thursday raised India's growth forecast for the current fiscal from 5.8 percent to 6.3 percent taking into account the improving performance of the industrial sector. "If yesterday's number (industrial production figures released Wednesday) is anything to go by, credit offtake in the coming days would be much better than we have anticipated earlier," said Subir Gokarn, chief economist at the Indian arm of S&P.
Standard & Poors adding FMC to S&P 500, replacing CentexAugust 12th, 2009 S&P adding FMC to S&P 500, replacing CentexNEW YORK — Standard & Poors said on Tuesday it will add chemicals maker FMC Corp. to its S&P 500 index, replacing Centex Corp.
Standard & Poor's raises rating on $400 million Unisys senior note offerJuly 6th, 2009 S&P raises rating on $400M Unisys note offerNEW YORK — Standard & Poor's Ratings Services said Monday it has raised its rating on Blue Bell, Pa.-based technology services provider Unisys Corp.'s $400 million senior notes due 2012 to B from CC and removed it from CreditWatch. The ratings agency also affirmed the B rating on the company's $300 million senior notes due March 2010.
Standard & Poor's lowers some Washington Post credit ratingsJune 26th, 2009 S&P lowers Washington Post corporate credit ratingNEW YORK — Standard & Poor's Ratings Services on Friday lowered its corporate credit and senior unsecured issue-level ratings on Washington Post Co. to A from A+.
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 lowers ratings for KB Home citing operating losses, asset impairmentJune 22nd, 2009 KB Home ratings lowered by Moody'sNEW YORK — Moody's Investors Service on Monday downgraded all of the ratings of homebuilder KB Home, including its corporate family rating, its probability of default rating and its senior notes rating. The outlook for the Los Angeles-based company remains negative.
Standard & Poor's boosts New Orleans' bond rating to investment grade, move key to bond saleApril 21st, 2009 S&P upgrades New Orleans' bond ratingNEW ORLEANS — Standard & Poor's Ratings Services has boosted its bond rating for the city of New Orleans to investment grade, significant for the city as it continues recovering from Hurricane Katrina. After the 2005 storm, Standard & Poor's rated the city at below-investment grade, and an upgrade was seen as critical to the city's hopes of selling up to $80 million in bonds for infrastructure projects this year.
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