Posts Tagged With: Outlook
TEXT-S&P revises Bunge Ltd outlook to positive
A report from Reuters: Mon Apr 23, 2012 4:59pm EDT April 23 – Overview — We believe U.S. grain origination and processing company Bunge will sustain its improved earnings and credit measures despite a slow and uneven recovery in its Sugar & Bioenergy segment and the possibility of less agribusiness volumes in South America given &hellip Continue reading
TEXT-S&P revises Norcraft Cos outlook to negative
A report from Reuters: Thu Apr 5, 2012 3:14pm EDT Overview — U.S.-based cabinets manufacturer Norcraft Cos. recently acknowledged that its largest customer, DirectBuy, which accounted for 13% of 2011 sales, was undergoing financial difficulties. — Operating performance is unlikely to improve meaningfully over 2011 levels due to still-weak demand and high promotional activity. — &hellip Continue reading
TEXT-S&P revises Accor outlook to stable from negative
A report from Reuters: Fri Mar 9, 2012 12:37pm EST March 9 – Overview — France-based lodging company Accor S.A. (Accor) has strengthened its credit metrics and reduced its unadjusted debt in 2011 thanks to asset disposals. — We are revising our outlook on Accor to stable from negative and affirming the ‘BBB-/A-3′ long- and &hellip Continue reading
TEXT-S&P revises USI Holdings outlook to positive
A report from Reuters: Thu Feb 23, 2012 1:55pm EST Feb 23 – Overview — We expect continued improvements in USI’s operating and financial performance. — We have revised our outlook on USI to positive from stable and affirmed our ‘B-’ counterparty credit rating. — We are raising our senior secured rating on USI to &hellip Continue reading
TEXT-S&P:Japan’s Sony downgraded to ‘BBB+’; outlook negative
A report from Reuters: Wed Feb 8, 2012 2:32am EST (The following statement was released by the rating agency) Feb 08 – – The likelihood of a strong recovery in Sony’s earnings is low, due to a massive erosion of prices, falling demand, and harsh competition in Sony’s mainstay businesses. – Standard & Poor’s lowered &hellip Continue reading
Outlook poor for construction, credit in county
A report from The Durango Herald: Despite some optimism on the job front in La Plata County, local experts say 2012 growth prospects remain dismal for a few key industries. The credit and construction industries are likely to continue feeling the recession�s squeeze this year, said Robert Sonora, economics professor and director of the Office &hellip Continue reading
Fitch Gives US Steel Sector Stable Outlook As Demand Improves
A report from Wall Street Journal: DOW JONES NEWSWIRES U.S. steel producers will continue to improve their credit metrics next year despite tough competition from developing markets, according to a report from Fitch Ratings. Steel companies in the U.S. are benefiting from slow improvement in demand from auto makers, energy companies and heavy equipment manufacturers, &hellip Continue reading
S&P raises Kansas City Southern outlook
A report from Forbes:Associated Press, 09.22.11, 04:52 PM EDT NEW YORK – Standard & Poor’s raised its outlook on Kansas City Southern’s debt to “positive” from “stable” on Thursday and affirmed the railroad’s credit ratings. S&P said it raised its outlook because of improving volumes in Mexico, growth in hauling several types of commodities, and &hellip Continue reading