Moody's smiles on Saks Inc

Hogsett, Don
January 2004
Home Textiles Today;1/26/2004, Vol. 25 Issue 20, p24
Trade Publication
Reports on the ratings of credit-rating agency Moody's Investors Service Inc. on department store Saks Inc. in the U.S. Lift of the ratings in the store's debt securities; Reduction in leverage from sustained improvements in store operating profitability; Stability of the ratings outlook for the store.


Related Articles

  • Saks Exchange Will Help…A Little. Appin, Rick // High Yield Report;9/10/2001, Vol. 12 Issue 35, pN.PAG 

    Reports that Moody's Investors Service Inc. has downgraded credit ratings of department stores company Saks Inc. Plan of the company to change existing debt for cash and debt; Reason behind the decision of Moody's; Impact of the decision of Moody's on the company.

  • Detroit Trust on Watch as Moody's Revisits Scale. Carvlin, Elizabeth // Bond Buyer;11/21/2006, Vol. 358 Issue 32513, p5 

    The article reports on the placement of the Detroit Retirement Systems Funding Trust on Moody's Investors Service Inc.'s watchlist for a possible downgrade. The action follows apprehension over potential changes in the method of assigning such ratings. The credit rating agency assigned an Aa2 to...

  • MISSQURI: Moody's Sings K.C. Blues. Shields, Yvette // Bond Buyer;3/12/2008, Vol. 363 Issue 32834, p9 

    The article reports on the revision made by Moody's Investors Service Inc. on Kansas City's general obligation (GO) credit to negative from stable as the city prepares to enter the market with several new-money and refunding deals in Missouri. The agency affirmed the city's Aa3 GO rating on a...

  • Moody's Places Airports on Negative. Dutton, Audrey // Bond Buyer;8/14/2008, Vol. 365 Issue 32940, p1 

    The article reports that Moody's Investors Service Inc. changed its outlook to negative for airports in the U.S. The rating agency warned that reductions in airline capacity are causing possible credit problems because it puts airlines at danger of bankruptcy. Such capacity reductions were...

  • Exposure to Europe won't affect ratings of most Asian corporates -- Moody's.  // Asia Insurance Review;May2012, p38 

    The article discusses the report "Exposure to Europe Won't Affect Ratings of Most Asian Corporates" by credit rating agency Moody's Investors Service, which indicates that many Asian-rated companies are less exposed to conditions in the euro zone.

  • Moody's Considering Saks Upgrade.  // WWD: Women's Wear Daily;8/19/2003, Vol. 186 Issue 36, p3 

    Reports that credit ratings agency Moody's Investor Services placed the debt rating of Saks Inc. on reviews for a possible upgrade. Sales performance of Sak's department store group and Saks Fifth Avenue enterprise for July 2003; Focus of Moody's business and franchise trends review.

  • Moody's May Upgrade Saks.  // DNR: Daily News Record;8/8/2005, Vol. 35 Issue 32, p26 

    Reports on the decision of Moody's Investors Service to upgrade its ratings for Saks Inc., as of August 8, 2005. Reasons for the upgrade; Background on the sale of its Proffitt's and McRae's operation; Factor behind some technical defaults experienced by Saks.

  • Moody's Places Cicero, N.Y., and Its LDC on Watch for Downgrade. McDonald, Michael // Bond Buyer;9/2/2003, Vol. 345 Issue 31710, p3 

    Reports on the decision of international rating agency Moody's Investor Service Inc. to observe Cicero Local Development Corp. (CLDC) and the general obligation rating of Cicero, New York for a potential downgrade. Effect of this rating action on revenue bonds sold by CLDC to finance a town...

  • Colonie, N.Y., Debt Cut to A2 by Moody's.  // Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p2 

    The article reports on the rating assigned by Moody's Investors Service to the multimillion-dollar in Series 2006 refunding serial bonds in Colonie, New York. It also downgraded the town's outstanding parity debt to A2 with a negative outlook from Aa3. The downgrade reflects an accumulated...


Read the Article


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

Try another library?
Sign out of this library

Other Topics