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Credit Rating Newswire

  • Published on Nov 16, 2024

    Spirit Airlines’ Credit Rating Takes Hit in Fitch Downgrade

    On Friday, Fitch Ratings issued a downgrade for Spirit Airlines (SAVE), moving its long-term credit rating from ‘CCC’ to ‘CC’, signaling increased financial distress for the budget airline. This adjustment places Spirit below its North American …

    Source: Wall Street Pit - Label Pending
  • Published on Nov 20, 2024

    Full Truck Alliance (YMM) Q3 2024 Earnings Call Transcript

    YMM earnings call for the period ending September 30, 2024. Image source: The Motley Fool. Full Truck Alliance (YMM 15.11%) Q3 2024 Earnings Call Nov 20, 2024, 7:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks …

    Source: myMotherLode - Label Pending
  • Published on Nov 15, 2024

    Fitch downgrades Spirit Airlines' long-term credit rating

    (Reuters) - Fitch Ratings on Friday downgraded the long-term credit rating of Spirit Airlines to 'CC' from 'CCC', bringing it below the low-cost carrier's North America peers and warning that a near-term default appears probable. …

    Source: Yahoo Finance - Label Pending
  • Published on Nov 20, 2024

    Target (TGT) Q3 2024 Earnings Call Transcript

    TGT earnings call for the period ending September 30, 2024. Image source: The Motley Fool. Target (TGT -21.18%) Q3 2024 Earnings Call Nov 20, 2024, 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator …

    Source: myMotherLode - Label Pending
  • Published on Nov 20, 2024

    PM: Economic stability mission accomplished

      Prime Minister Dr Andrew Holness declared on Tuesday that Jamaica has accomplished the mission of economic stability.   Mr Holness, speaking from Jamaica House, said the country has managed to focus on fiscal prudence, debt reduction and macroeconomic …

    Source: Radio Jamaica - Neutral
  • Published on Nov 20, 2024

    Aramco completes issuance of $6bn international bonds

    Energy giant Saudi Aramco has completed the issuance of a $6 billion US dollar-denominated international bond, marking the state oil firm’s return to the debt market after a hiatus of three years. In a Tadawul statement, the company revealed that the …

    Source: Gulf Daily News Online - Pro-Government
  • Published on Nov 20, 2024

    Government Plans 'Creditworthiness Index' to Boost MSME…

    New Delhi, Nov 20 (KNN) In a significant move to improve credit access for micro, small, and medium enterprises (MSMEs), the government has initiated discussions with key stakeholders, including banks and regulators, to develop a 'Creditworthiness …

    Source: Knowledge & News Network - Neutral
  • Published on Nov 20, 2024

    Government Plans 'Creditworthiness Index' To Boost MSME Lending

    (MENAFN- KNN India) New Delhi, Nov 20 (KNN) In a significant move to improve credit access for micro, small, and medium enterprises (MSMEs), the government has initiated discussions with key stakeholders, including banks and regulators, to develop a ' …

    Source: MENAFN - Uncategorized
  • Published on Nov 20, 2024

    ‘No evidence’ of forex issues

    Concerns are being raised about investors being able to access foreign exchange for overseas investments, but Central Bank Governor Dr Kevin Greenidge says he has no evidence of such difficulties. Greenidge told Eckler’s annual Investment Policy Review for …

    Source: The Nation Barbados - Neutral
  • Published on Nov 20, 2024

    15 economists urge PM to rethink government’s fiscal policy

    15 economists from across the country have written an open letter to Prime Minister Christopher Luxon and Finance Minister Nicola Willis due to the “heightening concern” over the government’s approach to fiscal policy. A letter released this morning calls …

    Source: Te Ao Maori News - Center-left
  • Published on Nov 20, 2024

    Mitsotakis Faces Pressure As Unions Strike For Higher Wages Due To Cost of Living Crisis

    The prime minister, Mitsotakis, promised recently to increase the minimum wage to €950. The nationwide strike by workers in the public and private sectors is expected to paralyze Greece as Prime Minister Kyriakos Mitsotakis comes under mounting pressure to …

    Source: The Global Economics - Neutral
  • Published on Nov 20, 2024

    SDBank takes significant steps to address bad debt – Masidi

    Masidi KOTA KINABALU (Nov 20): The State Government is fully supportive of SDBank to assure financial institutions that all loan repayment obligations will be fully complied with, said State Finance Minister Datuk Masidi Manjun. “In line with the State …

    Source: The Borneo Post - Neutral
  • Published on Nov 20, 2024

    Magazine Luiza (MGLU3) Selic-proof? S&P raises credit risk outlook; check it out

    (Image: Disclosure/ Magazine Luiza) The risk rating agency S&P Global raised the outlook for the country’s national credit rating Magazine Luiza (MGLU3) to “brAA-”. The company went from negative to stable status, due to the results presented in …

    Source: Global Happenings - Neutral
  • Published on Nov 20, 2024

    ‘Reviewed upside down and sideways,’ Laurentian undergoing even more reviews

    Although it can’t borrow as a result of the CCAA, it recently underwent a credit rating process, and it’s also one of 20 post-secondary schools in the province undergoing a Efficiency and Accountability Fund review Laurentian University, as president Lynn …

    Source: NWOnewswatch - Label Pending
  • Published on Nov 20, 2024

    Welcoming new Americans will strengthen Vt’s economy

    By Mike Pieciak, Vermont State Treasurer As Vermont’s Treasurer, I am committed to growing Vermont’s economy and building a more inclusive future for our state. To keep our economy on a positive track, we must address our demographic challenges and grow …

    Source: The Mountain Times - Vermont - Neutral
  • Published on Nov 20, 2024

    Mayor David Goins Announces Candidacy For Second Term in Alton

    ALTON – Mayor David Goins has officially announced his candidacy for a second term as mayor of Alton, Illinois. With the election set for April 1, 2025, Mayor Goins is eager to build on the achievements of his first term, which has been defined by progress …

    Source: RiverBender - Label Pending
  • Published on Nov 20, 2024

    Passive Investing Is a Choice, Not a Default Option

    Among asset allocators, passive investing is often perceived as a safer and more cost-effective option than active management. However, this perception may overstate the benefits of passive investing while ignoring key shortcomings. Passive strategies …

    Source: Chief Investment Officer - Neutral
  • Published on Nov 20, 2024

    Santander UK sets aside £295m for car finance scandal

    The brewing controversy over mis-sold car loans has forced Santander UK to set aside £295 million to potentially compensate aggrieved motor finance customers. The bank joins a small but growing list of lenders that have started to make provisions for the …

    Source: The Times - Center-right
  • Published on Nov 20, 2024

    Transforming the Republic of Korea's Banking Industry Through MyData 2.0

    As of August 2020, three main data privacy laws were amended, granting all individuals the right to request the transmission of their credit information. Consequently, all financial companies are now required to transmit credit information at the request …

    Source: Asian Development Bank - Gov't Institution

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