TITLE

Following S&P To the Letter

AUTHOR(S)
Burns, Mairin
PUB. DATE
August 2003
SOURCE
Investment Dealers' Digest;8/4/2003, Vol. 69 Issue 31, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the position of several dominant credit rating agencies in the U.S. as of August 2003. Corporate scandals that downgraded the status of rating agencies; Efforts of rating agencies to rebuild their reputation; Factors responsible for the increase in debt ratings of U.S.-based automotive parts company Lear Corp.
ACCESSION #
10593046

 

Related Articles

  • Ratings Movers: Koch Ratings Raised/Exide Down On Leverage.  // Bank Loan Report;7/11/2005, Vol. 20 Issue 27, p8 

    Reports on the credit ratings of the financial institutions in the U.S. Upgrade of the debt rating of Koch Cellulose LLC bank from B1 to Ba3 by Moody's Investors Service Reduction of corporate debt; Improvement of liquidity; Volatility of corporate earnings and cash flow of Exide Technologies.

  • Funded pension plans gaining foothold in Germany. Seeder, Benjamin // Pensions & Investments;4/28/2003, Vol. 31 Issue 9, p3 

    This article reports that many German companies are setting up advance-funded pension plans, prompted by U.S. credit-rating agencies that downgraded debt of publicly held companies without such schemes. The change follows a decision in March 2003 by the two major U.S. credit ratings agencies,...

  • CPCIA Rates Credit of Petrochemical Firms.  // China Chemical Reporter;7/6/2009, Vol. 20 Issue 19, p6 

    The article reports on the evaluation made by the Construction of the Social Credit System (CPCIA) on various petrochemical firms in China. It mentions that the enterprise credit ratings that will be given to these companies range from -A to C. Companies are urged to submit their basic sales and...

  • Minneapolis-Based Allina Health Receives Moody's Upgrade. Shields, Yvette // Bond Buyer;7/1/2005, Vol. 353 Issue 32166, p3 

    Reports on the revision of the credit rating of Allina Health System Corp. by Moody's Investors Service Inc. in the U.S. Impact of the revision on the debt of the company; Claim of the rating agency that the company achieve stability; Improvement in the profitability of the company.

  • Testing the Consistency in Rating Methodology: A Study of Rating Agencies in India. Kaur, Kuljeet; Kaur, Rajinder // International Journal of Financial Management;2011, Vol. 1 Issue 3, p12 

    The credit rating agencies evaluate the intrinsic worth of a company and assign ranks to the companies accordingly. These agencies have become important in view of the increasing number of companies going to the public for funds and also due to government stipulating that corporate bodies...

  • Credit Rating Agencies in India: Have We Done Enough? Bhushan, Himashu // DLSU Business & Economics Review;Jan2013, Vol. 22 Issue 2, p37 

    Credit rating.agencies (CRAs) exist to primarily evaluate the creditworthiness of corporate borrowers who directly seek funds from the public without going to a bank. This study seeks to review the developments of CRAsin India, taking into consideration the recent global financial crisis....

  • S&P Sees Negative Outlook for Western.  // American Banker;1/20/2004, Vol. 169 Issue 12, p8 

    Standard & Poor's said it has revised its outlook on Western and Southern Life Insurance Co. and its subsidiaries to negative, from stable. Also on Thursday, Standard & Poor's affirmed its AAA counterparty credit and financial strength ratings for Western and Southern of Cincinnati, Ohio and...

  • The rating game.  // Accountancy;Sep2003, Vol. 132 Issue 1321, p94 

    There are three main rating agencies: Moody's, Standard & Poor's and Fitch. It follows that the rating agencies have now become part of the regulatory infrastructure, although they are not themselves regulated. In practice, the three agencies dominate the market and this oligopoly imposes an...

  • SEC Probing Cablevision. Farrell, Mike // Multichannel News;7/14/2003, Vol. 24 Issue 28, p6 

    Reports on credit rating of broadcasting company Cablevision Systems Corp. by rating providing agency Standard & Poor (S&P). Plan of S&P for downgrade the debt rating of the company; Investigation of the U.S. Securities Exchange Commission for accounting irregularities in the company; Delay in...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics