S&P Affirms Ratings of Campbell Soup (CPB); Sees Performing Inline with Expectations Oct 13, 2015 03:43PM

Standard & Poor's Ratings Services affirmed its ratings, including its BBB+/Stable/A-2 corporate credit rating, on Campbell Soup Co. (NYSE: CPB). The outlook is stable.

"The ratings affirmation reflects our expectation that Campbell Soup Co. will continue to perform in line with our expectations and that the company's acquisition strategy and financial policies will support its current credit protection measure ranges," said Standard & Poor's credit analyst Bea Chiem.

For... (continue reading...)

Moody's Places U.S. Steel (X) on Review for Downgrade Oct 13, 2015 03:05PM

Moody's Investors Service, ("Moody's") placed United States Steel Corporation's (NYSE: X)(U.S. Steel) Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default rating, B1 senior unsecured notes and B1 industrial revenue bond ratings suppported by US Steel and (P)B1 senior unsecured shelf rating under review for downgrade. The SGL-2 speculative grade liquidity rating was affirmed.

On Review for Downgrade:

..Issuer: United States Steel Corporation

.... Corporate... (continue reading...)

Moody's Assigns 'B1' Corp. Family Rating to Lannett (LCI); Outlook Stable Oct 13, 2015 10:59AM

Moody's Investors Service assigned a B1 Corporate Family Rating and B1-PD Probability of Default Rating to Lannett Company, Inc. ("Lannett") (NYSE: LCI). Moody's also assigned a B1 rating to the proposed $1.285 billion senior secured credit facility, including a $1.160 billion term loan and a $125 million revolving credit facility. The proceeds of the term loan, along with cash on hand, will be used to fund the pending acquisition of Kremers Urban ("KU") for $1.230... (continue reading...)

Moody's Lowers Outlook on Abengoa Yield (ABY) to Negative; Notes Deteriorating Liquidity Profile Oct 12, 2015 05:25PM

Moody's Investors Service, ("Moody's") affirmed all of Abengoa Yield PLC's (ABY) (Nasdaq: ABY) ratings, including its Ba3 Corporate Family Rating (CFR) and its B1 senior unsecured rating. At the same time, Moody's changed ABY's rating outlook to negative from stable.

"Moody's revised the rating outlook to negative from stable due to the deterioration in ABY's liquidity profile considering the full use of its $415 million revolving credit facility" said Natividad Martel,... (continue reading...)

Fitch Affirms Ratings on Ryder System (R) Following Review; Outlook Remains Stable Oct 12, 2015 03:18PM

Fitch Ratings has affirmed the Long-term Issuer Default Rating (IDR) and Short-term IDR for Ryder System, Inc. (Ryder) (NYSE: R) at 'A-' and 'F2, following the completion of its fleet leasing peer review. The Rating Outlooks is Stable. A complete list of rating actions follows at the end of this release.



The rating affirmation reflects Ryder's established market position in the truck leasing business, growing market share in the... (continue reading...)

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Oct 12, 2015 10:25AM Moody's Places Dell's Ratings Under Review Following Move to Acquire EMC (EMC)
Oct 12, 2015 09:43AM S&P Cuts Volkswagen AG (VLKAY) to 'A-'; May be Downgraded Further
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Oct 9, 2015 03:25PM Moody's Cuts St. Jude Medical's (STJ) Senior Unsecured Ratings to 'Baa2'; Outlook Negative
Oct 9, 2015 02:29PM Moody's Lowers Outlook on Range Resources (RRC) to Stable; Notes Weaker Commodity Prices on Change
Oct 9, 2015 02:15PM S&P Cuts Outlook on EXCO Resources (XCO) to Negative
Oct 9, 2015 11:44AM Moody's Lowers Outlook on U.S. Silica (SLCA) to Negative
Oct 8, 2015 05:12PM Scripps Networks (SNI) Ratings Affirmed by S&P; Liquidity Assessment Revised to 'Adequate'
Oct 8, 2015 05:08PM S&P Cuts St. Jude Medical (STJ) to 'A-' Following Closure of Thoratec Deal
Oct 8, 2015 04:40PM S&P Cuts Rating on Sandridge Energy (SD) to 'SD'; Notes Unsecured Notes Repurchase Agreement
Oct 8, 2015 02:40PM S&P Revises Outlook on Joy Global (JOY) to Negative Amid Increased Leverage
Oct 7, 2015 02:22PM S&P Downgrades Scotts Miracle-Gro (SMG) to 'BB'; Sees Higher Debt-to-EBITDA Under New Financial Policy
Oct 7, 2015 11:40AM S&P Downgrades Abengoa Yield (ABY) to 'BB'; Challenging Market Conditions May Limit Capital Raising Ability
Oct 7, 2015 10:18AM S&P Lowers Outlook on GECC (GE) to Negative Following Trian's GE Stake Acquisition
Oct 7, 2015 08:07AM Moody's maintains U.S. credit rating and stable outlook
Oct 6, 2015 05:02PM Moody's Lowers Outlook on AmerisourceBergen (ABC) to Negative
Oct 6, 2015 03:41PM Moody's Downgrades NRG Yield (NYLD) to 'Ba2'; Limited Ability to Issue Equity is Credit Negative
Oct 6, 2015 09:21AM S&P Places Albertson's (ABS) on CreditWatch Positive Amid IPO Play
Oct 5, 2015 04:57PM S&P Places Suncor Energy (SU) on CreditWatch Negative
Oct 5, 2015 04:05PM S&P Lowers Outlook on Newell Rubbermaid (NWL) to Stable; Sees Increased Leverage on Elmer's Deal
Oct 5, 2015 02:15PM Fitch Affirms Ratings of Fifth Third Bancorp (FITB) Following Periodic Review
Oct 5, 2015 02:02PM S&P Lowers Outlook on Imperial Oil (IMO) to Negative
Oct 2, 2015 02:06PM S&P Assigns 'B' Corp. Rating to Sucampo Pharma (SCMP); Reflects Reliance on Single Product
Oct 2, 2015 11:43AM Spain Upgraded to 'BBB+' by S&P; Outlook Stable (FXE)
Oct 1, 2015 02:50PM Moody's Downgrades Concordia Healthcare (CXRX) to 'B3' Amid Pending Amdipharm Mercury Deal
Oct 1, 2015 02:05PM Fitch Raises Outlook on Forest City Enterprises (FCE-A) to Positive; Deleveraging has Been Significant
Oct 1, 2015 12:41PM S&P Cuts Dex Media (DXM) to 'SD' Following Failure to Make Notes Interest Payment
Oct 1, 2015 12:08PM GTT Communications (GTT) Assigned 'B+' Corp. Rating by Moody's
Oct 1, 2015 11:29AM Moody's Affirms Negative Outlook on N.A. Coal Amid Lower Consumption, Prices (BTU) (ACI) (WLB)
Oct 1, 2015 11:05AM S&P Assigns 'B' L-T Corp. Rating to SunOpta (STKL); Views Financial Risk Profile as 'Aggressive'
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Sep 29, 2015 03:09PM Moody's Places Kraton (KRA) on Review for Downgrade Amid Move to Acquire Arizona Chemical
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Sep 28, 2015 04:39PM S&P Places Energy Transfer Equity (ETE) on CreditWatch Positive Amid Williams (WMB) Deal
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Sep 28, 2015 11:15AM Moody's Sees Sotheby's (BID) Move to Increase Lending as Potential Credit Risk
Sep 24, 2015 03:28PM Elizabeth Arden (RDEN) Cut to 'CCC+' by S&P; Sees Capital Structure as 'Unsustainable'
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Sep 24, 2015 11:43AM Moody's Lowers Outlook on Volkswagen AG (VLKAY) to Negative Amid EPA Investigation
Sep 24, 2015 10:42AM S&P Upgrades Big Lots (BIG) to 'BBB'; Follows Wind-Down of Canadian Operations
Sep 24, 2015 09:42AM S&P Assigns 'BB' L-T Rating to Canadian Solar (CSIQ); Outlook Stable
Sep 24, 2015 08:29AM S&P Plances Volkswagen AG (VLKAY) Ratings on CreditWatch Negative
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