Hints and tips:
...“The closing of the energy space to private investment puts more pressure on Pemex,” said Lisa Schineller, sovereign ratings managing director at S&P....
...In October, credit rating agency Fitch revised Peru’s outlook from “stable” to “negative”....
...Photographer and artist Steve Fitch has documented the neon landscape of the American West since the 1970s, most recently in the book Vanishing Vernacular (while also creating his own neon artwork)....
...Lisa Drake, Ford’s chief operating officer for North America, said in September the company anticipated that a third of pick-up truck sales industry-wide will be fully electric by 2030....
...“There’s a lot of room to ensure these new sanitising and hygienic needs are met without going all glossy, sterile and cold,” writes Lisa White, director of lifestyle and interiors at the trend forecaster...
...“I suspect there’s a generational thing to this,” says Everyday Madness author Lisa Appignanesi, who was the programmer responsible for some of Acker’s early appearances at the ICA....
...“The execution risks have risen,” said Lisa Schineller, sovereign analyst with Standard & Poor’s....
...Analysts are now waiting for the response from S&P’s peers, Moody’s and Fitch. Moody’s rates Brazil Baa2, two notches above junk, and Fitch has the country on an equivalent BBB rating....
...FT arts editor Jan Dalley explores the phenomenon of late flourishing with the help of writer Lisa Appignanesi and art historian Lisa Tickner....
...agency on Monday reduced Brazil’s long-term foreign currency sovereign credit rating to BBB- from BBB, its lowest investment-grade rating, in a decision that could prompt similar downgrades by Moody’s and Fitch...
...- Non-agency RMBS too, featuring Fitch and Kroll. - Cyprus round-up from Spiegel Online. - And why Cyprus matters. - Young & gainfully employed! In Germany, that is....
...Related links: Retail lending, mitigate thyself - FT Alphaville Fitch attempts to tally the cost of Basel III – FT Alphaville...
...A result which has now cost them a their AA- rating from Fitch and landed them on negative outlook with S&P, as announced late on Friday....
...By Joseph Cotterill and Lisa Pollack Related links: When Solvency met Basel - FT Alphaville A tragedy the monolines hath wrought – David Murphy / FT Alphaville US blow to Brussels over insurance rules –...
...Basel rules be damned, UK banks have to get the deals rated by the likes of Moody’s, S&P or Fitch and apply standard models instead. Will the Spanish regulator come to a similar conclusion?...
...Good morning, New York FT ALPHAVILLE - Fitch upgraded Greece: the new bonds are rated B-, and the old foreign law bonds remain rated at C ‘cos their own debt exchange doesn’t close until March 23....
...As Satyajit Das noted back in 2008, concerning the Delphi auction (emphasis ours): Fitch Ratings assigned an R6 recovery rating to Delphi’s senior unsecured obligation equating to a 0–10 per cent recovery...
...The company’s credit was downgraded to junk by Fitch Ratings.”...
...Good morning New York… FT ALPHAVILLE 1824 days later: Lisa takes a look at the reflective musings of Jim Reid at Deutsche Bank, who notes that it’s hard to believe that it was five years ago today that...
...Fitch’s move of France to negative outlook citing that the summit’s proposed solutions may be “technically and politically beyond reach” have weighed on markets, Bloomberg reports....
...Lisa’s post notes that the initiative covers just over five per cent of its branches, and points out some problems with relying on customer service metrics....
...But the rally stumbled, with the S&P 500 index ending down by 1.7 per cent to 1,236, led lower by the banking sector, after Fitch, the rating agency, warned that its “stable rating outlook” for US banks...
...Elsewhere on Thursday, - More on yesterday’s Fitch-inspired US bank plunge. - Bloomberg’s loss aversion function. - Tick tock, tick tock. (Debt clock) - Is Bank of America doubling down?...
...- Burkean reflections, from Crispin Odey. ____________ - Fitch’s bill for bank equity-raising for Basel III: $566,000,000,000....
...So part of the Fitch downgrades were down to fundamentals and part due to methodological changes....
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