NYSE:MUA

Blackrock Muniassets Fund Stock News

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$10.64
-0.0700 (-0.654%)
At Close: Jun 03, 2026

Carnival Corporation Downgraded to Junk Status

02:10am, Wednesday, 24'th Jun 2020
June 23 (Reuters) – Ratings agency Standard & Poor’s on Tuesday downgraded bonds of Carnival Corp to junk status, forecasting continued weak demand for the cruise industry hammered …
The divergence between the yuan and dollar bond pace of defaults shows how hard it is for Chinese firms to borrow cheaply or get away with debt compromises in a global market.
Oman’s sovereign rating was cut for a second time this year by Moody’s Investors Service as a lower crude price environment will likely slash the Gulf nation’s oil revenue.
Canada’s national government is on track to post its largest deficit on record in the 2020-2021 fiscal year.
Surging dollar bond defaults by Chinese companies highlight the increasing pressure the nation’s firms are facing as the economy slows.
(Corrects to "Standard & Poor's" from "Standard & Poor" in first and second paragraphs)

Treasurer toasts retained AAA credit score

10:00pm, Tuesday, 23'rd Jun 2020
Treasurer Josh Frydenberg has played up the federal government's economic efforts after a global ratings agency reaffirmed Australia's top ranking.
Carnival Corp. is the latest cruise line to lose its investment-grade credit ratings after S&P Global Ratings downgraded the company Tuesday.
Australia is one of 10 countries to retain its AAA credit rating through the coronavirus-induced global recession, after Moody's maintained its stable outlook.
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