Hints and tips:
...The “Digital Assets B” appear to be shitcoins, more or less, with the biggest position $362mn of Serum (as of Aug. 31). Also, big congrats to FTX after last month’s Grayscale court ruling, we guess?...
...Looks like S&P Ratings doesn’t find “attestations” especially convincing, either....
...The maritime sector he said, is “only so resilient” and “would clearly like to be reassured there is a Plan B”....
...DBRS Morningstar lifted its assessment of Athens’ creditworthiness on Friday to triple B, kicking off what is widely anticipated to be a series of upgrades from “junk” territory....
...Bunge, founded more than 200 years ago, has long been known as the “B” in the so-called ABCD of global grain trading companies that link farmers with food importers....
...Windhorst offered La Perla role to H2O chief’s wife (FT) Goldman Sachs considers hundreds of job cuts at consumer business (FT) Brokers braced for big overhaul of US stock trading rules (FT) Michael B....
...UK stocks have lagged other major markets this year, with the FTSE 100 rising by under 13 per cent, compared to a 26 per cent rally in Germany’s Dax and a 28 per cent climb in the US S&P 500 benchmark....
...It now expects consumption to rise by 5.7m b/d in 2021 to 96.7m b/d. That came a day after Opec boosted its own consumption outlook by 190,000 b/d, predicting growth just shy of 6m b/d this year....
...In May, rating agency S&P downgraded Rolls-Royce by two notches, giving it a speculative “junk” rating for the first time in 20 years....
...• 2) On P/E metric, Cyclicals are not at extremes vs Defensives ... Their P/E relative bottomed at 0.7x and 0.8x in the last two downturns, vs 1.0x current....
...In deep value territory: Stocks are trading at 30-year absolute P/B lows and near relative 2008/09 lows (43). HEI and SGO screen as particularly cheap....
...A stabbing, violent sensation that is painful with a capital P. How did it all start? Just over three weeks ago, I went on a magnificent driving trip....
...Its B shares carry 10 votes for every class-A vote....
...Even so, the 36.5-per-cent transfer was a better outcome than secured lenders feared -- senior loans actually rallied at first, according to LCD, part of S&P Global Market Intelligence....
...S&P cut the company’s rating one notch to B-, deeply in “junk” territory....
...The move came a day after credit rating agency S&P Global Ratings downgraded the indebted Chinese group’s credit profile to ccc+ from b, citing significant debt maturities amid deteriorating liquidity....
...In a ratings report on New Zealand asset finance group UDC – which HNA is in the process of buying – the ratings agency said that it had cut this credit profile from B+ to B....
...S&P last week cut Swissport’s rating one notch to B-, deeply in “junk” territory, citing the “aggressive acquisition policy, tolerance for high leverage, and contracting liquidity” of HNA....
...plus from triple B, Fitch said in a statement....
...S&P Global and Moody’s rate Teva triple-B minus and Baa3, respectively, the lowest investment grade ratings assigned by the agencies....
...S&P last week cut Swissport’s rating one notch to B-, deeply in “junk” territory, citing the “aggressive acquisition policy, tolerance for high leverage, and contracting liquidity” at its parent company...
...S&P last week cut Swissport’s rating one notch to B-, deeply in “junk” territory, citing the “aggressive acquisition policy, tolerance for high leverage, and contracting liquidity” at HNA....
...Pakistan is rated B3 by Moody’s and B by S&P and Fitch....
...That it is being discussed at a time when demand has actually been growing at an average of 1.7m b/d every year since 2014 — double the rate at the start of this decade, when oil averaged close to $100 a...
...S&P cut DWCP’s company rating to junk, to double B from triple B minus....
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