Hints and tips:
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...S&P has a long-term issuer credit rating of ‘A’ on GE, the third-highest rung of rating after AAA and AA. The company is now on credit watch negative....
...GTS bought Barclays’ market-making business at the New York Stock Exchange, the hallowed theatre of stock trading in lower Manhattan, where the opening bell is rung at 9:30am each day to herald the start...
...Tesco’s bonds are currently rated as the highest rung of junk by Moody’s, S&P and Fitch, with the outlook from each marked as stable....
...which is owned by Intercontinental Exchange, declined to comment specifically on what the NYSE MKT closure meant for the storied main floor of the New York Stock Exchange, where the opening bell is still rung...
...Banks are pariahs, but the asset management industry is seen now as a rung below that. Vulture funds are as low as you can get.”...
...The one notch upgrade to triple-B minus — the bottom rung within the investment grade ratings universe — arrives as unemployment in the country declines and its recovery takes firmer hold, US capital markets...
...Analysts with the rating agency lifted their opinion one notch to triple-B minus, the bottom rung of the investment grade space, and assigned the company a ‘stable’ outlook, US capital markets correspondent...
...The lowest rungs of the ratings scales are swelling....
...Oman and Kazakhstan’s ratings were relegated to BBB-, the lowest investment grade rung....
...Given the bleak outlook for oil prices, S&P has decided to lower Saudi Arabia’s rating from a relatively solid A+ to the current A-, which is just four rungs above non-investment grade territory, often called...
...Spotify and SpaceX and Stripe — to name just the prominent private start-ups beginning with the letter S — they are choosing to remain private when previous generations of entrepreneurs would already have rung...
...For the lowest rung triple-C and lower rated groups, yields have hit their highest levels in six years....
...Noble sits at the lowest rung of investment grade; one slip and interest costs — about a quarter of operating profits — will spiral....
...Turkey is also rated BB by BBH, one notch deeper into junk than S&P and two notches below Moody’s and Fitch, which have it on the bottom rung of investment grade....
...Since then, it has ejected its chief executive, rung up dismal sales and faced questions from several analysts about its financial viability....
...(From left) Twitter CEO Dick Costolo, chairman and co-founder Jack Dorsey and co-founders Evan Williams and Biz Stone, applaud as the New York Stock Exchange opening bell is rung, Thursday....
...“ They say nobody rings a bell at the top or the bottom of a market, but for credit, there was a bell rung last Christmas Eve,” says Jeffrey Peskind, of Phoenix Investment Adviser, a distressed bond fund...
...There is no doubt it feeds the senior market – it is like the junior rungs on the housing market ladder,” he says....
...Wednesday, Mr Varin outlined plans to lift Peugeot from the second rung to compete with industry leaders such as Volkswagen by building critical mass in growing overseas markets including China and Brazil...
...Sir Christopher reveals that the “phone has rung” with other inquiries about his availability, and that he has been “pleasantly surprised”. He declines to comment further....
...Wienerberger is rated Baa2 by Moody’s Investors Service and BBB by Standard & Poor’s, both on the second-lowest rung of investment grade. Both rate the hybrid bonds at the highest “junk” rating....
...to the city, I also have a minimum expectation from its top hotels: when I pay a certain sum – on this occasion, as a full-paying guest, $525 per night (not including $73.72 daily taxes) for the bottom-rung...
...Adecco is currently rated at the lowest investment grade rung of Baa3/BBB-....
...As soon as we had rung the siren I rushed down to the technician’s room....
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