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At Close: May 17, 2024
Amendments to bank resolution framework to help preserve depositor confidence: Moody's
07:21am, Thursday, 02'nd Jul 2020Evergrande's 101% rally seen slowing after HK$3.2b buyback
02:24am, Thursday, 02'nd Jul 2020
[NEW YORK] Real estate mogul Hui Ka Yan's vast wealth has soared by US$13.2 billion since late March, thanks in part to a wave of stock buybacks that sparked a 101 per cent gain for his Chinese proper
European Autos Hit Hardest By Coronavirus, But Worst-Case Scenarios For 2020 Are Being Scaled Back
12:00am, Thursday, 02'nd Jul 2020
Europe’s auto industry will be the hardest hit by the coronavirus crisis, but sales loss projections for 2020 are being scaled back a bit from the highs of over minus 30% of last month. Carmakers wi
AXIS Capital : to Release Second Quarter Financial Results on July 28, 2020 | MarketScreener
08:16pm, Wednesday, 01'st Jul 2020MaineHealth retains A+ bond rating despite pandemic challenges
08:13pm, Wednesday, 01'st Jul 2020
Ratings agencies S&P Global Ratings and Moody’s Investors Service each endorsed MaineHealth with strong credit ratings.
Junk Bonds Underperform as Covid Cases Climb | MarketScreener
05:20pm, Wednesday, 01'st Jul 2020Aeromexico Files For Bankruptcy As Pandemic Shuts Down Latin American Air Travel
04:47pm, Wednesday, 01'st Jul 2020
Aeromexico is the third major Latin American carrier to file for bankruptcy this year
Turkey’s Akbank sells $500mn of 5-year eurobonds at 6.80%
04:41pm, Wednesday, 01'st Jul 2020
Akbank, one of Turkey’s largest private lenders, has sold $500mn worth of USD-denominated senior unsecured eurobonds abroad. They are due February ...
Canada Loses AAA Credit Rating as COVID Costs Rise to $150 Billion
03:45pm, Wednesday, 01'st Jul 2020
With Canada having lost its AAA rating, things might look gloomy. Investors with a long-term investment horizon should consider investing in a stock like Brookfield Renewable for its gains.
S&P revises Canada outlook, expects 5.4% growth next year - BNN Bloomberg
03:20pm, Wednesday, 01'st Jul 2020
Canada’s economy is expected to contract 5.9 per cent in 2020 before expanding to 5.4 per cent next year, senior economist Satyam Panday said in a report.
S&P Revises Canada’s Economic Projections, Sees 5.4% Growth Next Year
03:19pm, Wednesday, 01'st Jul 2020
(Bloomberg) — S&P Global Ratings revised its projections on Canada’s economic and fiscal outlook for 2020 and next year while maintaining its top credit rating on the nation’s…
The V-shaped economic recovery is just an illusion
02:00pm, Wednesday, 01'st Jul 2020
What we are witnessing now is the economic equivalent of a person's bounce off a trampoline after a 1,000-foot cliff dive.
Moody’s Contradicts Colombia Claim That it Affirmed Baa2 Rating - BNN Bloomberg
01:53pm, Wednesday, 01'st Jul 2020
Moody’s Investors Service says its didn’t take any ratings action on Colombia, contradicting statements by the government that it affirmed the nation’s Baa2 credit rating on Tuesday.
Things Are Terrible at Airbus, But at Least It’s Not Boeing - BNN Bloomberg
12:02pm, Wednesday, 01'st Jul 2020
Instead of attacking the aircraft maker, Europe’s governments should be grateful that its finances were in decent shape before Covid-19 appeared.
Neenah enters $200 million term loan credit agreement
10:17am, Wednesday, 01'st Jul 2020
Neenah, Inc. has entered into a term loan credit agreement, providing a term loan B facility of seven years in the amount of $200 million. Neenah also announced that it is calling its outstanding 2021