In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside the bloc” must be “endorsed” by a credit rating agency that is in turn authorized...
The junkyard is getting a little bit crowded with retailers. According to a CNBC.com news report, commerce-focused retail companies with a (quite) less than stellar rating of CCC – defined as high risk – have skyrocketed since the dawn of 2017. As much as 18...
January 05, 2018
The Dow Jones Industrial Average and other stock indexes hit fresh highs on the heels of strong jobs data Thursday (Jan. 4). As reported by CNBC.com, the Dow hit more than 25,000, trading at 25,075.13, a new peak that caps the fastest 1,000-point rise in history. The index was perched at about 24,000 for the past […]
November 20, 2017
In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside...
October 03, 2017
The junkyard is getting a little bit crowded with retailers. According to a CNBC.com news report, commerce-focused retail companies with a (quite) less than stellar rating of CCC – defined...
