Ford’s been wringing its corporate hands over stock prices for ages. While the market itself is generally rising, the Blue Oval seems to perpetually find itself in Wall Street’s basement. It is arguable that lackluster performance on this front cost Mark Fields his job earlier this year. Things are not looking up in that department. […]
Tag: downgrades
Tesla bonds, stock fall as Moody's downgrades the company
NEW YORK — Tesla saw its bonds and stocks fall sharply Tuesday on a double-dose of bad news: a downgrade from Moody’s and word of an investigation into the fatal crash of one of its vehicles. The electric car company’s outstanding junk bond, a 5.3 percent 2025 deal that priced in August 2017, hit its […]
‘Overwatch’ update downgrades Mercy, adds 4K on Xbox One X
After weeks of testing, Blizzard has moved several Overwatch changes from their test servers to the wider gaming population. This new patch brings 4K team shooter action to players on Xbox One X, but the big changes affect two popular characters: Mercy and Junkrat. Both have seen their capabilities downgraded, with the healer Mercy seeing […]
Another Wall Street bank downgrades Apple (AAPL)
AP Apple’s stock price is falling after another analyst downgraded the company Monday morning. Mizuho’s Abhey Lamba downgraded Apple from a buy to a neutral and lowered its price target from $ 160 to $ 150. “We believe enthusiasm around the upcoming product cycle is fully captured at current levels, with limited upside to estimates […]
United Downgrades Flyer to Accommodate a “More Important” Passenger
United Upgrades Passenger to Business, Then Sends Her Back Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not […]
Fitch downgrades South Africa to ‘junk’
Thomson Reuters (Reuters) – Ratings agency Fitch downgraded South Africa’s credit rating to sub-investment grade on Friday, saying a recent cabinet reshuffle that saw respected finance minister dismissed will likely result in a change in economic policy direction. Fitch changed its outlook for South Africa to stable from negative. Fitch’s downgrade to BB+ from BB- […]
Sovereign-bond issuers shrug off downgrades
ONCE upon a time, countries jealously guarded their credit ratings. Before the 2010 British election, George Osborne, soon to be the chancellor of the exchequer, emphasised the importance of cutting the budget deficit in order to maintain the country’s top AAA rating. But despite the spending cuts and the tax increases he imposed, Britain was […]
Sovereign-bond issuers shrug off downgrades
ONCE upon a time, countries jealously guarded their credit ratings. Before the 2010 British election, George Osborne, soon to be the chancellor of the exchequer, emphasised the importance of cutting the budget deficit in order to maintain the country’s top AAA rating. But despite the spending cuts and the tax increases he imposed, Britain was […]
