News Source: Fox News
| 23 days ago
Standard & Poor's Ratings Services on Tuesday raised Ford Motor Co.'s corporate credit ratings to B- from CCC+. The upgrade reflects better-than-expected results in the third quarter and a return to positive operating cash flow in its global...
News Source: Palm Beach Post
| 23 days ago
Ore. — The Oregon treasurer's office says national credit rating firms are reporting that the state remains a safe credit risk at a time when many others are being warned about potential downgrades. Moody's, Fitch Inc. and Standard and Poor's last...
News Source: Fox News
| 24 days ago
Ford Motor Co. said late Monday it will be raising about $3 billion in fresh funds as part of its effort to improve its balance sheet. The steps include securing $2 billion through issuance of senior convertible notes and $1 billion through sales of...
News Source: Seattle Times
| 24 days ago
Moody's Investors Service on Monday raised its corporate family rating for Ford Motor Co. to "B3" from "Caa1," citing the progress the automaker has made toward improving its product portfolio and cost structure while preserving its cash reserves.
News Source: Fox News
| 24 days ago
Moody's Investors Service on Monday raised Ford Motor's corporate family rating to B3 from Caa1, which now puts the rating in the category of "low grade" compared with "poor quality." "The upgrade reflects the substantial progress Ford continues to...
News Source: Fox News
| 24 days ago
Moody's Investors Service said Monday it upgraded Revlon Inc.'s corporate family rating to B2 from B3. The outlook is stable. "While competitive activity for mass market cosmetics remains very high, Revlon's improved cost structure and debt profile...