Search results for "BBB"

REFINE RESULTS

SEARCH RESULTS

About 15 results. Sort By: Date | Relevance
Xerox reports sales decline and plans to split company

Xerox reported its 15th consecutive quarter of declining sales on Friday and announced plans to split the company into two businesses. Xerox said Friday that it will spin off the services operation it acquired when it bought Affiliated Computer Services Inc. for nearly $6 billion in 2010.. Xerox reported better-than-expected earnings for the quarter that...
Source: The Associated Press
INTERVIEW-S&P may cut oil countries' ratings to reflect "new reality"

The plunge in oil prices since mid-2014 has brought a blizzard of downgrades, including for Russia and Brazil, which have been stripped of investment grade, number one producer Saudi Arabia, and Venezuela, where the oil rout has raised fears of a sovereign default. "We had an important number of downgrades last year in Africa, the Middle East and the CIS, and if our...
Source: Reuters | By: Marc Jones
Asia stocks bounce; Nikkei surges nearly 6%

Asian markets bounced Friday, tracking the rally in European and U.S. markets, getting a boost from an uptick in oil prices and comments from the ECB.
Source: CNBC.com | By: Saheli Roy Choudhury
Polish currency regains some lost ground after downgrade

WARSAW, Poland— Poland's currency regained some lost ground Monday after a sharp drop last week when one major rating agency cut the nation's debt rating. Two other rating companies left their view unchanged: Fitch affirmed its rating for Poland at A- with a stable outlook while Moody's made no change to its A- rating with a stable outlook on Friday.
Source: The Associated Press
UPDATE 2-S&P shocks with downgrade for Poland's credit rating

WARSAW, Jan 15- Standard and Poor's unexpectedly cut Poland's credit rating a notch on Friday, saying the new government has weakened the independence of key institutions and the rating could fall further. The cut- the agency's first for Poland's hard currency debt- deals a major blow to the nationalist-minded government of the Law and Justice party, which won an...
Source: Reuters | By: Marcin Goettig
UPDATE 1-S&P cuts Poland's rating to BBB+ with negative outlook, zloty dives

WARSAW, Jan 15- Rating agency Standard and Poor's unexpectedly cut Poland's credit rating by one notch to BBB+ on Friday, saying the new conservative government has weakened the independence and effectiveness of key institutions. "The downgrade reflects our view that Poland's system of institutional checks and balances has been eroded significantly," S&P...
Source: Reuters | By: Marcin Goettig
S&P cuts rating on Poland's foreign currency

Standard and Poor's cut its long-term foreign currency sovereign credit rating on the Republic of Poland to 'BBB plus' from 'A minus'.
Source: Reuters
S&P cuts rating on Poland's foreign currency rating to 'BBB plus'

Jan 15- Standard and Poor's cut its long-term foreign currency sovereign credit rating on the Republic of Poland to' BBB plus' from' A minus', citing the legislative measures taken by the new government since October 2015. The outlook on Poland is negative, the ratings agency said. "Since winning the election in October 2015, Poland's new government has initiated...
Source: Reuters
'Bowie Bonds' blazed a trail through markets

David Bowie created pop bonds, a new type of asset-backed security that would change the music world, FT reports.
Source: Financial Times
UPDATE 2-S&P cuts Noble Group rating to junk; stock and bonds tumble

By Anshuman Daga and Umesh Desai. SINGAPORE/ HONG KONG, Jan 8- Standard& Poor's cut its credit rating on Noble Group to junk, adding to concerns about financing costs for Asia's biggest commodity trader a week after a similar downgrade by Moody's Investors Service and sending its stocks and bonds sliding. The company, with a market cap of $1.5 billion, has a total of...
Source: Reuters