PG&E Gets Another Ratings Downgrade After Wildfires

PG&E has received its second downgrade to junk status from a credit-ratings firm this week, as the troubled utility continues to grapple with the fallout from wildfires across its home state of California......»»

Category: topSource: barronsJan 12th, 2019

S&P cuts PG&E ratings to junk, warns of further downgrade

The company currently faces billions of dollars in liabilities related to wildfires in 2017 and 2018......»»

Category: topSource: foxnewsJan 8th, 2019

How a downgrade to the U.S. credit rating could affect the economy

Fitch ratings fears the government shutdown could lead to a debt ceiling standoff, prompting a credit rating downgrade. Here's the potential im.....»»

Category: topSource: usatodayJan 10th, 2019

S&P cuts PG&E ratings to junk, warns of further downgrade

S&P Global Ratings o.....»»

Category: topSource: reutersJan 8th, 2019

The Ratings Game: Walgreens stock dives after Goldman downgrade on concerns about core business


Category: topSource: marketwatchDec 14th, 2018

4 Reasons Why Goldman Sachs Downgraded Visteon

Auto parts company Visteon Corp (NASDAQ: VC) got a high-profile Wall Street downgrade Monday and may have difficulty living up to consensus expectations over the next several years. Latest Ratings for VC .....»»

Category: blogSource: benzingaDec 10th, 2018

The Telecom Sector: JPMorgan Downgrades Verizon, Upgrades AT&T

AT&T Inc. (NYSE: T) was upgraded by two Street analysts Monday, while Verizon Communications Inc. (NYSE: VZ) caught a downgrade from JPMorgan that came with a projection of flat EPS growth.  Latest Ratings.....»»

Category: blogSource: benzingaDec 3rd, 2018

Exxon Mobil Is The Wrong Play For An Oil Rally, Raymond James Says In Downgrade

If Brent oil prices move to $90 a barrel in 2019, "just about everyone" will benefit — except for Exxon Mobil Corporation (NYSE: XOM), which is the "least appealing" play, according to Raymond James. Latest Ratings for XOM Da.....»»

Category: blogSource: benzingaNov 20th, 2018

Near-Term Challenges Continue To Weigh On Michael Kors, Oppenheimer Says In Downgrade

Ongoing challenges with Michael Kors Holdings Ltd (NYSE: KORS)' core brand will likely weigh on top-line trends, according to Oppenheimer.  Latest Ratings for K.....»»

Category: blogSource: benzingaNov 16th, 2018

The Ratings Game: Bloom Energy stock slammed as earnings and guidance disappoint

Clean-energy provider posted a wider-than-expected net loss as stock-based compensation costs rose sharply, while storms and wildfires caused project delays......»»

Category: topSource: marketwatchNov 10th, 2018

GE"s stock tumbles toward 8th-straight loss after credit downgrade at Fitch makes it unanimous

General Electric Co.'s longer-term issuer default rating (IDR) was downgraded two notches to BBB+ from A at Fitch Ratings. The move, which puts GE's rating at just three notches above "junk" st.....»»

Category: topSource: marketwatchNov 2nd, 2018

UK faces prospect of recession and downgrade, S&P warns

A leading credit ratings agency has warned that Britain faces the prospect of recession if it crashes out of the European Union in March without a deal on future relations......»»

Category: topSource: foxnewsOct 30th, 2018

Analysts Turn Bearish On Colgate-Palmolive

Colgate-Palmolive Company (NYSE: CL) reported Friday its third-quarter results, highlighted by a worse-than-expected sales growth and prompted multiple firms to downgrade the stock. Latest Ratings for CL Da.....»»

Category: blogSource: benzingaOct 29th, 2018

Italy’s Next Big Test in the Bond Market

The country dodged a ratings downgrade, but it still faces a test from investors......»»

Category: topSource: washpostOct 29th, 2018

Car stocks and Italy rating relief drive Europe"s recovery

European shares climbed and Wall Street was set for a stronger open on Monday thanks to a surge in autos stocks and relief that Italy dodged a ratings downgrade......»»

Category: topSource: reutersOct 29th, 2018

European stocks bounce back on Italy relief, China growth worries linger

Concern over China’s slowing economy dented U.S. stock futures and kept world stocks under pressure on Monday although European shares climbed thanks to encouraging earnings reports and relief that Italy dodged a ratings downgrade......»»

Category: topSource: reutersOct 29th, 2018

Sally Beauty Supply Holds More Risk Than Reward, Jefferies Says In Downgrade

Sally Beauty Holdings, Inc. (NYSE: SBH)’s execution, leverage, cost inflation and profit pressure have made Jefferies skeptical of the stock.  Latest Ratings for SBH DateFirmAct.....»»

Category: blogSource: benzingaOct 24th, 2018

Italy brushes off downgrade as it plans EU budget response

Italy's deputy premier on Saturday brushed off a ratings downgrade and vowed to forge ahead with the government's rule-busting budget as Italy prepared to respond to European Union concerns about its high deficit targets......»»

Category: topSource: foxnewsOct 20th, 2018

Roomba Maker iRobot No Longer A Buy After 2018 Rally, Tariff Worries, Piper Jaffray Says In Downgrade

Shares of iRobot Corporation (NASDAQ: IRBT), the maker of the Roomba robot vacuum, remain well-positioned to dominate the sector, but the stock's "im Latest Ratings for IRBT .....»»

Category: blogSource: benzingaOct 8th, 2018

Oracle "Lacks Catalysts To Drive Re-Rate," Evercore ISI Says In Downgrade

One analyst moved to the sidelines on Oracle Corp. (NYSE: ORCL), as the risk-reward is more balanced and the company demonstrates little change in disclosures and cloud strategy after a summer rally. Latest Ratings .....»»

Category: blogSource: benzingaOct 3rd, 2018

GE credit sits just 3 notches above junk after 2-notch downgrade at S&P Global

General Electric Co.'s long-term credit rating was downgraded at S&P Global Ratings by two notches to BBB+ from A, in the wak.....»»

Category: topSource: marketwatchOct 2nd, 2018