S&P Global Ratings downgraded Bed Bath & Beyond Inc.’s credit Friday, a day after the beleaguered retailer said it was in default on loans that have been called in. The default filing sent Bed...
Tag: Corporate Credit Ratings
The House Speaker Tussle Is Just a Warm-Up for the Main Event: The Debt Ceiling Battle
The battle over the speaker of the House of Representatives is something not seen for a century or more. But the more relevant precedent for investors might be 2011, when the drawn-out struggle to rai...
Coinbase Stock Hits an All-Time Low. Where the Company Goes From Here.
In December of 2021, crypto exchange Coinbase Global (COIN) was about to cap a banner year: it had gone public with a valuation north of $85 billion and a $328 share price, raised over $3 billion thro...
Municipal bond yields are attractive now — here’s how to figure out if they are right for you
This has been an unusual year for financial markets, with stocks and bonds falling in tandem. For bonds, the declines mean yields have become viable again for income investors who over the previous de...
Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran
“‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.’” — Thomas Peterffy, chairman and founder of Interactive Brokers Thomas...
Stocks could fall ‘another easy 20%’ and next drop will be ‘much more painful than the first’, Jamie Dimon says
JPMorgan Chase & Co. JPM, -0.92% CEO Jamie Dimon warned investors on Monday that he expects markets to remain volatile for the foreseeable future, and that the S&P 500 could easily fall anothe...
Apple Borrows Money to Buy Back Stock. What That May Say About the Bond Market.
Text size A new Apple store in London, shown in late July. Dan Kitwood/Getty Images Apple is gearing up for a four-part bond sale to fund stock buybacks. Apple (ticker: AAPL ) is planning to use the p...
Tesla Wasn’t a ‘Money Furnace’ After All
Text size Tesla’s credit metrics look better than automotive peers. They look better than many large-cap stocks too. Justin Sullivan/Getty Images It turns out that money furnaces don’t have to b...
These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates
One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...
PayPal borrows $3 billion to help fund debt buyback plan
PayPal Holdings Inc. hit the market on Monday with a $3 billion corporate bond financing to help the online money-transfer and payments giant fund a $2 billion tender offer for its own debt. The four-...
S&P downgrade indicates Russia headed for historic default
The credit ratings agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt, signaling rising prospects that Moscow will soon default on external loans for ...
The 8 worst-performing S&P 500 stocks with the highest ratings are expected to rebound by more than 50% over the next year
Investors don’t need to be told that stocks have been volatile. There’s a market of extremes as Russia’s war in Ukraine continues and investors wait to see what the Federal Open Market Committee does ...
Qualcomm, Nvidia Are Top Picks Among Semiconductor Stocks, Analyst Says
Text size For investors looking for near-term protection, Credit Suisse analysts said wireless-device specialist Qualcomm was their top pick. Dreamstime Semiconductor stocks have fallen far enough to ...