S&P downgrades Exterran Holdings (EXH) from BB to B+; outlook raised to Stable May 24, 2012 04:30PM

S&P downgrades Exterran Holdings (NYSE: EXH) from BB to B+; outlook raised to Stable


S&P affirms ratings on Thomson Reuters (TRI); outlook lowered from Stable to Negative May 23, 2012 02:30PM

S&P affirms ratings on Thomson Reuters (NYSE: TRI); outlook lowered from Stable to Negative


Moody's reviews Patriot Coal (PCX) ratings for possible downgrade May 23, 2012 02:07PM

Moody's reviews Patriot Coal (NYSE: PCX) ratings for possible downgrade


S&P downgrades Patriot Coal (PCX) from B- to CCC; outlook Negative May 23, 2012 01:25PM

S&P downgrades Patriot Coal (NYSE: PCX) from B- to CCC; outlook Negative


Ford (F) Gets Back Its Investment Grade Rating and the Ford Blue Oval May 22, 2012 04:43PM

After years of restructuring its balance sheet, Ford (NYSE: F) got back its investment grade rating at Moody's Tuesday and with it the Blue Oval logo, which the automaker mortgaged in the past.

Moody's Investors Service said Tuesday afternoon that it raised the senior unsecured ratings of Ford Motor Company to Baa3 from Ba2 and Ford Motor Credit Company LLC (Ford Credit) to Baa3 from Ba1.

"The upgrade of Ford recognizes the strength of the company's position in North America, its robust liquidity position, and our expectation that the company will continue to embrace sound operating and financial disciplines," Moody's said. "We believe that these strengths will enable Ford to maintain an investment grade profile in the face of the sector's ongoing cyclicality and weakness in the European market."

The upgrade, the second since April, releases all pledge collateral including Ford Blue Oval.

In 2006, Ford pledged the Ford Blue Oval along with other domestic assets to secure $23.5 billion in liquidity, consisting of $18.5 billion of senior secured debt and credit facilities and $5 billion of unsecured convertible debt.

The liquidity provided by those loans allowed the company to revamp its vehicle line-up and return to profitability. Ford was the the only Big 3 U.S. automaker not to get a government bailout during the credit crisis.

"The Ford Blue Oval is back where it belongs with the Ford family of 166,000 employees around the world," said Chairman Bill Ford. "This is a great day for us and is the result of several years of hard work and progress by everyone associated with Ford."


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May 22, 2012 04:08PM Ford (F) Issues Statement After Achieving Investment Grade Rating
May 22, 2012 03:48PM Moody's Boosts Ford (F) Unsecured Credit from Ba2 to Baa3; Ford Credit from Ba1 to Baa3
May 22, 2012 03:44PM Ford (F) and Ford Credit ratings raised investment grade by Moody's
May 22, 2012 11:36AM Egan-Jones Cuts Spain from 'BB+' to 'BB-' - CNBC
May 22, 2012 11:36AM S&P cuts Computer Sciences (CSC) from BBB+ to BBB; outlook Negative
May 22, 2012 07:35AM Fitch Takes Japan Rating Down a Notch, Negative Outlook
May 21, 2012 05:22PM Fitch upgrades Centerpoint Energy (CNP) from BBB- to BBB; outlook Stable
May 18, 2012 03:16PM S&P affirms ratings on Bemis (BMS); outlook lowered from Positive to Stable
May 18, 2012 12:18PM S&P affirms ratings on CMS Energy (CMS); outlook raised from Stable to Positive
May 18, 2012 12:14PM Fitch downgrades Greek banks to CCC
May 17, 2012 04:45PM Moody's Downgrades 16 Spanish Banks, Santander UK plc
May 17, 2012 04:30PM Moody's downgrades 16 Spanish banks
May 17, 2012 03:36PM S&P downgrades JCPenney (JCP) from BB to BB-; outlook Negative
May 17, 2012 01:33PM Greece's long-term ratings cut to CCC from B- by Fitch
May 16, 2012 11:52AM S&P downgrades Patriot Coal (PCX) from B to B-; outlook Negative
May 15, 2012 05:19PM Moody's downgrades Patriot Coal (PCX) CFR from B2 to Caa1; outlook Stable
May 15, 2012 03:02PM S&P affirms BBB- rating on Avon Products (AVP); outlook raised from Negative to Stable
May 15, 2012 09:15AM S&P downgrades Chesapeake Energy (CHK) from BB to BB-, Outlook Negative
May 14, 2012 05:13PM Moody's affirms ratings on Scotts (SMG); outlook lowered from Positive to Stable
May 14, 2012 05:01PM Moody's Cuts 26 Italian Banks; Outlooks Remain Negative
May 14, 2012 04:35PM Moody's downgrades 26 Italian bank's ratings; outlook still Negative
May 14, 2012 02:13PM S&P upgrades Verso Paper Holdings (VRS) from SD to B
May 14, 2012 12:38PM Fitch downgrades Harsco (HSC) IDR from BBB+ to BBB; outlook Negative
May 11, 2012 04:40PM Fitch Cuts JPMorgan (JPM) to A+; On Watch Negative
May 11, 2012 04:28PM Fitch downgrades JPMorgan (JPM) to A+; On Watch Negative
May 10, 2012 04:49PM JPMorgan (JPM) Would Need Added $971M in Collateral on One-Notch Ratings Downgrade, Added $1.7B on Two-Notch Downgrade
May 10, 2012 04:43PM Minutes Before JPMorgan (JPM) Announced Call, S&P Cut JPMorgan Chase Bank Ranking to Average
May 10, 2012 12:43PM S&P affirms ratings on Willbros Group (WG); outlook lowered to Negative
May 10, 2012 10:15AM S&P affirms ratings on Host Hotels & Resorts (HST); outlook revised from Stable to Positive
May 9, 2012 04:59PM S&P upgrades Maxim Integrated (MXIM) from BBB to BBB+; outlook Stable
May 8, 2012 05:22PM S&P affirms ratings on Bill Barrett (BBG); outlook lowered from Stable to Negative
May 8, 2012 03:09PM S&P downgrades Alpha Natural Resources (ANR) to BB-; outlook raised to Stable
May 8, 2012 02:28PM S&P downgrades Avon Products (AVP) from BBB to BBB-
May 8, 2012 11:25AM Moody's Lowers Rating on Alcatel-Lucent (ALU) from B2 to B1, Outlook to Stable
May 8, 2012 09:59AM Morgan Stanley (MS) Outlook Dims; Three-Notch Credit Downgrade Would Boost Collateral Requirements Substantially
May 3, 2012 10:42AM Fitch upgrades Community Health (CYH) from B to B+; outlook Stable
May 3, 2012 07:41AM Fitch upgrades Anheuser-Busch InBev (BUD) from A- to A; outlook Stable
May 2, 2012 12:31PM Moody's upgrades CF Industries (CF) senior ratings from Ba1 to Baa3; outlook Positive
May 1, 2012 12:05PM Fitch upgrades Macy's (M) long-term IDR from BBB- to BBB; outlook Stable
Apr 30, 2012 03:56PM S&P downgrades Hologic (HOLX) from BB+ to BB; outlook Negative
Apr 30, 2012 03:50PM S&P upgrades Dollar General (DG) from BB+ to BBB-; outlook Stable
Apr 30, 2012 03:37PM Egan-Jones Cuts Spanish Rating to 'Junk' Status
Apr 30, 2012 02:34PM Moody's affirms VF Corp. (VFC) ratings; outlook lowered from Stable to Negative
Apr 30, 2012 02:13PM S&P upgrades Toro (TTC) from BBB- to BBB; outlook revised to Stable
Apr 27, 2012 10:33AM S&P affirms BB- rating on WESCO International (WCC); outlook revised from Stable to Positive
Apr 27, 2012 07:21AM S&P downgrades Nokia (NOK) from BBB- to BB+
Apr 26, 2012 05:30PM S&P Cuts Spain to BBB+; Outlook Negative
Apr 26, 2012 04:57PM S&P downgrades Spain from A to BBB+; outlook Negative
Apr 26, 2012 03:10PM S&P affirms ratings on Aetna (AET); raises outlook from Stable to Positive
Apr 26, 2012 02:34PM S&P downgrades Chesapeake Energy (CHK) from BB+ to BB; outlook Negative
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