Hints and tips:
...Geico and Berkshire Hathaway Specialty Insurance declined to comment. Gen Re did not respond to requests for comment....
...Mark Zandi, chief economist of Moody’s Analytics, said home upgrades were another sign of a “bifurcated economy”....
...But the deal comes during a pandemic that has dealt a blow both to the US retail and refinery industries as well as Seven & i’s operations in Japan....
...Earlier this week, Mexico's deputy finance minister told the FT exactly what investors wanted to hear: the costly oil refinery project, Dos Bocas, would be put on hold....
...“It’s not like the standard V-shaped recession in emerging markets, such as in Indonesia in 1998 where it’s only a year and a half of real economic hardship,” he said....
...François Arrighi arrived to open and manage the property, fresh from the George V in Paris (and, before that, Les Airelles, one of Courchevel’s celebrated palaces)....
...The meat business is cyclical, said John Rogers, analyst at Moody’s. “The nutrition business is much more stable and much less cyclical,” he said....
...“If you’re a CAA rated retailer [a deep-junk rating by Moody’s], you have no flexibility at all....
...The group is rated in the A-range at S&P, Moody’s and Fitch....
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...Charlie O’Shea, analyst at Moody’s, said the deal was a “transformative transaction, not just for food retail, but for retail in general”....
...least one monthly payment by November, the highest level of early loan trouble since 2008, when such delinquencies rose above 3%, according to an analysis of data performed for The Wall Street Journal by Moody...
...In Europe, Germany’s CropEnergies, one of the sector’s larger producers, suspended output at its Ensus refinery in the UK just over a year ago....
...After it obscured its relationship with a specialty pharmacy group, the company’s bonds maturing in 2025 slumped by more than a fifth before rebounding....
...Moody’s, the rating agency, has warned that Nomad will need to spend heavily on advertising and new product development to protect market share....
...CVS Health agreed in June to buy Target’s pharmacy business for $1.9bn, and Walgreens — before it completed its purchase of Boots Alliance last year — bought domestic drugstore Bioscrip, a specialty and...
...The order is aimed at operations in one of the U.S.’s booming oil fields, the Bakken Shale in North Dakota, where production has far outpaced the availability of pipelines to move crude to refineries....
...Since 2010 45 per cent of new plants have been ordered by industrial users such as power stations and refineries, up from 27 per cent in the previous four years, the IDA says....
...The bonds are set to be rated A+ by Standard & Poor’s and Aa3 by Moody’s....
...Since 1988, investors have on average recovered 80 per cent of par in bank debt after defaults versus 48 per cent in senior unsecured bonds, Moody’s says....
...Sony lost 2.6 per cent to Y856 after Moody’s Investors Service cut the consumer electronics group’s credit rating to just one notch above junk and retained a negative outlook....
...Phillips 66’s refinery in Linden, New Jersey, was still shut down....
...Indeed, Calumet Specialty Products, a producer of hydrocarbon products, was expected to price a $200m junk bond sale in the US on Thursday....
...In case you still can’t believe it — we present page 180 of the prospectus for Madrid Activos Corporativos V, FTA: Full document (in Spanish) in the usual place....
...S&P and Fitch were the most active, with 150 and 138 announcements, whereas Moody’s had just 108....
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