Hints and tips:
...ARK for degens — aka the triple-Q ETF — is up 44 per cent, and has sucked in $330mn. So what do we know?...
...If you’re a corporate or government looking to issue a bond you pay S&P a fee and, in return, the rating agency will slap one of its triple-letter seals of approval, from AAA (very good) to D (very bad),...
...S&P has already signalled its intention to conduct a further consultation after the April revamp to potentially expand the Clean Energy index into fields such as marine energy, alternative fuels, energy...
...The move raises the possibility that the EU could regain its top-notch triple A rating with S&P, a status it lost in 2016 when the rating agency said a lack of political cohesion following the Brexit vote...
...Google “clearly see[s] no hesitation in using their dominant market position to push payments,” Madhur Deora, Paytm’s president, told the Financial Times....
...But come the market downturn, that credit — from triple A to triple C — risks exploding in their faces....
...The downgrade — to triple B minus, from the triple B issued in August — follows similar reductions earlier this month from S&P’s fellow agencies Moody’s and Fitch, although their ratings remain higher at...
...Normandie Impressionniste 2020’s subtitle is “A New Day, A New Colour”....
...The triple B rating from S&P follows its first onshore grade of triple A, given earlier this month to a subsidiary of ICBC, the country’s biggest bank....
...So much for energy really dragging on triple C credit....
...Back in October, the rating agency left Italy a notch above the dreaded junk ranking at triple B, one step above Moody’s and in line with Fitch....
...All told, earnings are forecast to increase more than 20 per cent in 2019, about triple the pace of last year, according to estimates from Factset....
...Cardiff, for example, borrowed at just 3.1 per cent for 40 years in early 2016; last month, triple-A-rated Cambridge borrowed at an even lower rate....
...Corporate earnings reports out today include Tokio Marine and Truly International....
...“With oil and gas, marine and minerals sectors all steadily shifting from headwinds to tailwinds, combined with BV’s inherent late cyclicality, we see scope for a strong 2019,” Exane said....
...The S&P/ASX 200 index was bucking the trend, up 0.4 per cent as the energy segment lifted 1.5 per cent, buoyed by higher oil prices....
...The safest triple A part of the CLO priced at just 99 basis points above Libor, a benchmark interest rate, according to S&P Capital....
...Futures tip the FTSE 100 to open 0.3 per cent lower while the S&P 500 is set to open down 0.1 per cent later on Wall Street....
...S&P cut DWCP’s company rating to junk, to double B from triple B minus....
...S&P said it had a stable outlook on the UK-based company....
...It’s a Triple Crown kind of day on Wall Street. US stocks advanced on Wednesday with all three major indices clocking fresh intraday highs as investors cheered a batch of upbeat earnings....
...Moody’s, which also rates the US triple-A, has said if a debt payment is missed it would also have “negative rating implications”....
...Developer China Evergrande jumped as much as 15.3 per cent after the company said it expects net profit for the six months to June to triple from the same period last year....
...Christmas is coming and it is time once again for the Long View to pay its annual visit to the offices of Hindsight Capital LLC....
...The demand for higher-paying obligations was emphasised by a $1bn bond sale from Coach on Tuesday, which is rated triple-B minus by S&P — the lowest investment-grade rating — and triple-B by both Moody’s...
International Edition