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downgrade

Apple slides to eight-week low after second rating downgrade in a week

January 4, 2024 by Reuters
Apple slides to eight-week low after second rating downgrade in a week - photo licensed by shore news network.

(Reuters) -Apple continued its struggle in the new year on Thursday, plumbing an eight-week low after Piper Sandler handed the tech giant its second downgrade … Read more

Categories In the News

Germany’s Volkswagen shares tumble after margin downgrade

October 23, 2023 by Reuters
Germany's volkswagen shares tumble after margin downgrade - photo licensed by shore news network.

(Reuters) – Volkswagen shares fell to their lowest since April 2020 on Monday after the German carmaker cut its profit margin outlook for the current … Read more

Categories In the News

Fitch warns it may be forced to downgrade multiple banks, including JPMorgan – CNBC

August 15, 2023 by Reuters
Fitch warns it may be forced to downgrade multiple banks, including jpmorgan - cnbc - photo licensed by shore news network.

(Reuters) – An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of … Read more

Categories Business News

Quotes- U.S. bank stocks slide after Moody’s ratings downgrade

August 8, 2023 by Reuters
Quotes- u. S. Bank stocks slide after moody's ratings downgrade - photo licensed by shore news network.

By Nupur Anand NEW YORK (Reuters) – U.S. bank shares slid on Tuesday after Moody’s downgraded several small to mid-sized banks and said it may … Read more

Categories Business News

Climate change puts sovereigns at downgrade risk, study finds

August 6, 2023 by Reuters
Climate change puts sovereigns at downgrade risk, study finds - photo licensed by shore news network.

By Mark John (Reuters) – A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59 nations within the next decade, … Read more

Categories Business News

Fitch US downgrade followed protocols, despite timing questions

August 4, 2023August 4, 2023 by Reuters
Fitch us downgrade followed protocols, despite timing questions - photo licensed by shore news network.

By David Lawder and Davide Barbuscia WASHINGTON (Reuters) – When Fitch Ratings dropped its bombshell downgrade of the U.S. credit rating on Tuesday, Biden administration … Read more

Categories Business News

Global money market funds see largest inflows since March amid US downgrade, economic woes

August 4, 2023August 4, 2023 by Reuters
Global money market funds see largest inflows since march amid us downgrade, economic woes - photo licensed by shore news network.

(Reuters) – Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets amid a U.S. credit downgrade … Read more

Categories Business News

Marketmind: Markets shake off surprise US credit downgrade

August 2, 2023 by Reuters
Marketmind: markets shake off surprise us credit downgrade - photo licensed by shore news network.

A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy of a surprise with an … Read more

Categories Business News

Karine Jean-Pierre Says US Credit Rating Downgrade ‘Defies Reality’

August 1, 2023 by The Daily Caller

Karine Jean-Pierre Says US Credit Rating Downgrade ‘Defies Reality’ Harold Hutchison on August 1, 2023 White House press secretary Karine Jean-Pierre said Tuesday that a … Read more

Categories Opinion - Editorial, Politics, Top Headlines, Trending News, US and World News

US Treasury yields edge lower after Fitch downgrade

August 1, 2023 by Reuters
Us treasury yields edge lower after fitch downgrade - photo licensed by shore news network.

By Kevin Buckland TOKYO (Reuters) – U.S. Treasury yields edged down in Tokyo on Wednesday after ratings agency Fitch lowered the country’s top credit rating. … Read more

Categories Business News

Goldman’s China banks downgrade based on ‘pessimistic assumptions’ -state media

July 6, 2023July 6, 2023 by Reuters
Goldman's china banks downgrade based on 'pessimistic assumptions' -state media - photo licensed by shore news network.

BEIJING (Reuters) – Goldman Sachs’ downgrade of some major Chinese lenders to “Sell” ratings is based on “pessimistic assumptions,” state-backed Securities Times said in an … Read more

Categories Business News

Mexico airlines lost over $1 billion due to US safety downgrade –industry head

June 28, 2023 by Reuters
Mexico airlines lost over $1 billion due to us safety downgrade –industry head - photo licensed by shore news network.

By Kylie Madry MEXICO CITY (Reuters) – Mexico’s two-year-old air safety rating downgrade by U.S. authorities has caused a more-than-billion-dollar hit to national airlines, an … Read more

Categories Business News

S&P spares France from rating downgrade

June 2, 2023 by Reuters
S&p spares france from rating downgrade - photo licensed by shore news network.

PARIS (Reuters) – Ratings agency S&P spared France on Friday the embarrassment of downgrading the country’s sovereign debt, but remained cautious about the outlook on … Read more

Categories Business News

Nissan downgrade seen as start of ‘fallen angels’ cycle

March 9, 2023 by Reuters
Nissan downgrade seen as start of 'fallen angels' cycle - photo licensed by shore news network.

By Matt Tracy WASHINGTON (Reuters) – The downgrade of Nissan Motor’s credit rating from investment grade to junk by S&P Global on Tuesday marks the … Read more

Categories Business News

UK economic forecaster to downgrade medium-term growth outlook – Times

January 25, 2023 by Reuters
Uk economic forecaster to downgrade medium-term growth outlook - times - photo licensed by shore news network.

LONDON (Reuters) – Britain’s official economic forecaster has told the government that it overestimated the prospects for medium-term growth and that it intends to revise … Read more

Categories Business News

Analysis-Democrats’ downgrade of Iowa’s role is a blow to Corn Belt, biofuels

January 5, 2023January 5, 2023 by Reuters
Analysis-democrats' downgrade of iowa's role is a blow to corn belt, biofuels - photo licensed by shore news network.

By Jarrett Renshaw (Reuters) – The Democratic Party’s unseating of Iowa from its position as host of the first U.S. presidential nominating contest every four … Read more

Categories US and World News

S&P says it could downgrade El Salvador in 6-18 months

September 16, 2022September 16, 2022 by Reuters
S&p says it could downgrade el salvador in 6-18 months - photo licensed by shore news network.

(Reuters) – S&P Global Ratings said on Friday it could cut El Salvador’s already negative credit rating within six to 18 months if it does … Read more

Categories US and World News

China Threatens To ‘Downgrade’ Diplomatic Relations With Israel: REPORT

May 31, 2022 by The Daily Caller
China threatens to ‘downgrade’ diplomatic relations with israel: report - photo licensed by shore news network.

China Threatens To ‘Downgrade’ Diplomatic Relations With Israel: REPORT Philip Lenczycki on May 31, 2022 China threatened to downgrade diplomatic ties with Israel after a … Read more

Categories Featured News, Top Headlines, US and World News

Thai growth outlook good despite planning agency’s downgrade – Finance Minister

May 17, 2022 by Reuters
Thai growth outlook good despite planning agency's downgrade - finance minister - photo licensed by shore news network.

By Kitiphong Thaichareon BANGKOK – Thailand’s finance minister said on Tuesday this year’s economic outlook was still good despite the state planning agency’s downgrade of … Read more

Categories Financial News

Moody’s warns Russia’s debt payments ban adds to downgrade risk

March 1, 2022 by Reuters
Moody's warns russia's debt payments ban adds to downgrade risk - photo licensed by shore news network.

LONDON – Credit rating agency Moody’s warned on Tuesday that Russia’s move to ban the servicing of newly-issued foreign-currency debt in the wake of stiff … Read more

Categories Financial News
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