S&P: Corporate Defaults to Decline
- Four alternative strategies retain 5 star rating - S&P. Tsanadis, Andrew // Money Management;8/18/2011, Vol. 25 Issue 31, p9
The article presents a report on the alternative strategies equity sector which reveals that CFS Wholesale Equity Income, K2 Australian Absolute Return, Platinum International and Platinum Asia have maintained a 5 star rating in Standard & Poor's Corp. (S&P) in Australia.
- Jackson County Falls to A+. Shields, Yvette // Bond Buyer;4/7/2010, Vol. 372 Issue 33295, p9
The article reports that Jackson County, Missouri's 2006 special obligation bonds issued for the Harry S. Truman Sports Complex has been downgraded by Standard & Poor's Corp. by one notch A-plus due to a weakened financial position.
- S&P DROPS CHICAGO TO A-PLUS. Shields, Yvette // Bond Buyer;11/8/2010, Vol. 374 Issue 33412, p1
The article reports on Chicago's heavy use of non-recurring revenues to balance its budget and its sizable unfunded pension liabilities that made drove Standard & Poor's Corp. to drop the city's general obligation rating from the double-A category.
- S&P Revises Mich. Hospital With Bank-Linked Debt. DEVITT, CAITLIN // Bond Buyer;6/23/2011, Vol. 376 Issue 33538, p4
The article reports that the outlook on a small Michigan hospital that is facing the possibility of accelerated debt-service payments on its debt has been revised by Standard & Poor's Corp. to negative from stable.
- S&P: Recovery Rates in 2009 Below Average. Sheahan, Matthew // High Yield Report;3/1/2010, Vol. 21 Issue 9, p7
The article discusses a report published by Standard & Poor's which revealed that the recovery rates on defaulted securities in 2009 were below the long-term average.
- Distressed Debt Hits 12-Year Low. Sheahan, Matthew // High Yield Report;5/3/2010, Vol. 21 Issue 18, p30
The article focuses on a report released by Standard & Poor's which revealed that U.S. distressed debt hit a 12-year low as of April 15, 2010 when the distressed ratio reached 6.7%, a drop from 9.7% in March, to 32 billion dollars from 47.7 billion dollars.
- Borrowing costs may rise from debt rating. Daks, Martin C. // njbiz;2/14/2011, Vol. 24 Issue 7, p2
The article reports on the move by ratings agency Standard and Poor's Rating Services (S&P) to downgrade New Jersey's debt rating to AA-minus from AA that could possibly affect the state's future borrowing costs.
- S&P Puts Triple-A NMFA on Watch After Audit Scandal. Williamson, Richard // Bond Buyer;7/19/2012, Vol. 381 Issue 33750, p5
The article reports that the Standard & Poor's Corp. placed the AAA rating of the New Mexico Finance Authority on watch list for a possible downgrade in the wake of disclosures that most recent audit of the authority was phony.
- ILLINOIS: Proctor Drops to Junk. Shields, Yvette // Bond Buyer;3/31/2010, Vol. 371 Issue 33291, p9
The article reports that Standard & Poor's Corp. has rated Proctor Hospital with BB-plus from BB-minus due to its declined operations affecting the debt-service-coverage ratios in Illinois.
- S&P's Houston Stadium Outlook Stable. Williamson, Richard // Bond Buyer;6/25/2012, Vol. 380 Issue 33736, p4
The article reports that Standard & Poor's Corp. has revised its outlook on the Harris County-Houston Sports Authority's junk-rated junior-lien debt to stable from negative, due to the authority's improving revenues and ability to pay debt service from other sources.