Credit Credit Downgrades

  • Trading Nation: Dow 20,000 coming soon?

    Ari Wald, Oppenheimer, and Max Wolff, Fifty-five Capital, discuss how soon we could see the Dow hit 20,000, now that it's surpassed 19,000.

  • Record number of sovereign rating downgrades in 2016

    James McCormack, global head of sovereigns at Fitch Ratings, explains why there have been 21 downgrades so far this year, the most since 2011.

  • *Only Fitch holds investment grade rating on Turkey. *Some see opportunity given Turkey fundamentals. ISTANBUL/ ANKARA, Sept 26- On the first trading day after Moody's downgraded Turkey's sovereign rating to "junk," the reaction in Istanbul and Ankara was swift and predictable-- stocks and the lira took a beating and policymakers accused the agency of playing...

  • *Erdogan adviser sees outflows limited to $2- 3 billion. ISTANBUL, Sept 26- Turkish shares tumbled 4 percent and bonds and the lira weakened sharply on Monday after Moody's cut its credit rating to "junk," raising risks of an outflow of foreign funds and a squeeze on external borrowing. Turkey depends on investment to fund its current account deficit- one of the...

  • *Turkey eurobonds fall by as much as 3.9 cents. ISTANBUL, Sept 26- Turkish shares tumbled 4 percent while bonds and the lira also weakened sharply on Monday after ratings agency Moody's cut Turkey's sovereign rating to "junk," triggering fears of an outflow of foreign funds. Turkey depends on investment flows to fund its current account deficit- one of the biggest in...

  • ISTANBUL, Sept 24- Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment. Turkey depends on investment flows to fund its current account deficit- one of the biggest in the G20- and service its...

  • ISTANBUL, Sept 24- Credit ratings agency Moody's Investor Service has downgraded Turkey's sovereign credit rating to non-investment grade citing worries about the rule of law following an attempted coup, risks from external financing and a slowing economy. The agency, which cut the government's long-term issuer and senior unsecured bond ratings debt to...

  • Stocks to Watch: September 9, 2016

    Restoration Hardware, JPMorgan Chase and Chipotle are making headlines this Friday morning before the opening bell.

  • Mexico City

    Standard & Poor's lowered Mexico's sovereign credit outlook to negative from stable, adding that a downgrade could happen in the next two years.

  • NEW YORK, July 7- The top-performing high-yield bond exchange-traded fund is betting big that energy companies will not be deadbeats. The $212 million VanEck Vectors Fallen Angel High Yield Bond Exchange Traded Fund is winning its category this year by focusing almost exclusively on particular low-rated bonds: so-called fallen angels, or downgraded bonds...

  • Australia faces the prospect of losing its vaunted AAA rating, after S&P Global Ratings lowered the outlook on the country's debt to negative.

  • SAO PAULO, June 20- Voting shares of Oi SA fell as much as 16 percent in early Monday trading as approaching deadlines for debt repayments added to fears that Brazil's most indebted phone carrier could default in the middle of a restructuring. Fitch Ratings cut Oi's long-term debt rating to "C" from "CCC" on Friday, warning the company's current capital structure "is...

  • Flames leap from a burner unit at the Exxon-Mobil refinery in Torrance, Calif.

    Standard and Poor's downgraded ExxonMobil's credit rating from AAA to AA+ because of expectations of continuing low oil prices.

  • Trading Nation: S&P cuts Exxon credit rating

    Craig Johnson of Piper Jaffray & Co and Eddy Elfenbein of "Crossing Wall Street" blog discuss Exxon's credit rating cut with Brian Sullivan.

  • Exxon Mobil's credit rating cut

    Standard & Poor's has cut Exxon Mobil's credit rating to AA+ from AAA.

  • Cramer: I don't mind the Starbucks downgrade

    CNBC's Jim Cramer discusses Deutsche Bank downgrading Starbucks.

  • Standard & Poor's lowered the credit rating of BHP and put it on negative watch due challenging market conditions for commodities.

  • A worker polishes steel coils at a factory of Dongbei Special Steel Group in Dalian, China.

    Beaten down metals prices may find some support as China's raw-materials dependent sectors begin to show some modest improvement, Goldman Sachs said.

  • IMF lowers 2016, 2017 global growth forecasts

    Maurice Obstfeld, IMF chief economist, discusses the new outlook on global growth, including lower growth for the U.S.

  • Traders work on the floor of the New York Stock Exchange.

    Pressure on global corporate credit ratings is at the worst level since the financial crisis, Standard & Poor's has warned.