S&P Places Vanguard Natural (VNR) Placed on CreditWatch Positive Following Eagle Rock (EROC), LRR Energy (LRE) Deals May 22, 2015 02:12PM

Standard & Poor's Ratings Services today affirmed its ratings, including its 'B+' corporate credit rating, on exploration and production (E&P) master limited partnership (MLP) Vanguard Natural Resources (Nasdaq: VNR) and placed them on CreditWatch with positive implications.

"We placed the ratings on CreditWatch with positive implications because we believe an upgrade is likely based on the company's improved business risk profile following its acquisitions of Eagle Rock... (continue reading...)


S&P Maintains Hewlett-Packard (HPQ) on CreditWatch Negative Amid Plans to Split Company May 22, 2015 12:28PM

Standard & Poor's Ratings Services today said it kept its ratings on Hewlett Packard Co. (NYSE: HPQ), including the 'BBB+' corporate credit rating, 'A-2' commercial paper rating, and 'BBB+' senior unsecured debt rating, on CreditWatch with negative implications.

"Our original CreditWatch placement followed the company's announcement that it plans to separate into two public companies in 2015 through a tax-free transaction," said Standard & Poor's credit analyst John... (continue reading...)


S&P Lowers Outlook on American States Water (AWR) to Stable Following Stock Buyback Announcement May 22, 2015 11:45AM

Standard & Poor's Ratings Services today revised its rating outlook on California-based American States Water Co. (NYSE: AWR) (ASW) and its wholly owned subsidiary, Golden State Water Co. (GSW), to stable from positive. At the same time, we affirmed our ratings, including the 'A+' issuer credit ratings, on both ASW and GSW.

The outlook revision to stable reflects the company's announcement that it has authorized the repurchase of up to 1.2 million shares. "We expect that... (continue reading...)


Moody's Affirms Rating on Tenet Healthcare (THC); Concludes Review Following Aspen Healthcare Acquisition Announcement May 21, 2015 02:17PM

Moody's Investors Service (Moody's) confirmed the B1 Corporate Family Rating and B1-PD Probability of Default Rating of Tenet Healthcare (NYSE: THC). Moody's also affirmed the company's Speculative Grade Liquidity Rating of SGL-2. The rating outlook is negative. These actions conclude the review for downgrade that commenced on March 23, 2015 when Tenet announced that the company had signed a definitive agreement to enter into a joint-venture transaction with Welsh,... (continue reading...)


Omnicare (OCR) Ratings Placed on CreditWatch Positive by S&P Following CVS Health (CVS) Deal May 21, 2015 12:40PM

Standard & Poor's Ratings Services placed its ratings on Omnicare (NYSE: OCR), including the 'BB' corporate credit rating, on CreditWatch with positive implications.

"The CreditWatch placement follows CVS Health's (NYSE: CVS) [BBB+/Stable/A-2] announcement that it will acquire Omnicare for almost $13 billion in cash, equity, and the assumption of debt," said Standard & Poor's credit analyst Michael Berrian. We affirmed our 'BBB+' corporate credit rating on CVS Health... (continue reading...)


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May 20, 2015 03:01PM Cimarex Energy (XEC) Senior Unsecured Notes Rating Raised to 'Baa3' at Moody's
May 20, 2015 12:18PM Flextronics (FLEX) Raised to 'BBB-' by S&P; Sees Favorable Mix to Faster-Growing, More-Profitable End Markets
May 20, 2015 11:55AM Computer Sciences (CSC) Ratings Place Under Review by Moody's Following Plans for Company Split
May 20, 2015 11:35AM Endo Int'l (ENDP) Corp. Rating Affirmed by S&P Amid Par Pharma Deal
May 19, 2015 03:30PM Moody's Upgrades Park-Ohio Industries (PKOH) CFR to 'B1'; Notes Organic Growth, Improving Credit Profile
May 19, 2015 02:38PM S&P Lifts Corp. Rating on Pilgrim's Pride (PPC) to 'BB+'; Sees Operations Continuing to Stabilize
May 19, 2015 12:27PM S&P Upgrades JetBlue Airways (JBLU) to 'B+'; Notes Improving Financial Performance
May 19, 2015 10:40AM S&P Maintains Baxter (BAX) on CreditWatch Negative Amid Asset Spinoff; Business Risk Remains 'Strong'
May 19, 2015 10:08AM On Assignment (ASGN) Ratings Affirmed by Moody's Amid Creative Circle Acquisition
May 18, 2015 03:14PM Endo (ENDP) Ratings Placed on Review for Downgrade by Moody's Following Par Pharma Announcement
May 18, 2015 02:19PM S&P Affirms American Airlines (AAL) Issuer Rating at 'BB'; Ratings Unaffected by Extension, Repricing of Facility
May 18, 2015 11:56AM S&P Assigns 'BB' Corp. Rating to Plantronics (PLT); Business Risk Profile Deemed 'Fair'
May 18, 2015 11:00AM Life Time Fitness (LTM) Assigned 'B' Corp. Rating by S&P
May 18, 2015 10:49AM Moody's Assigns 'Ba2' CFR to Plantronics (PLT), Outlook Stable
May 15, 2015 03:43PM S&P Cuts SMART Technologies (SMT) Rating to 'B-'; Outlook Negative
May 15, 2015 03:09PM S&P Places E*TRADE Financial (ETFC) on CreditWatch Positive; Sees Regulatory Restrictions Easing
May 15, 2015 11:53AM Fitch Affirms IDR of Berkshire Hathaway (BRK-A) at 'AA-'; Ratings Supported by Market Position, Strong Capitalization
May 15, 2015 11:25AM McDonald's (MCD) Senior Unsecured Ratings Cut to 'A3' by Moody's
May 14, 2015 02:45PM S&P Lowers Outlook on Vantage Drilling (VTG) to Negative; Financial Risk Profile Remains 'Highly Leveraged'
May 14, 2015 12:41PM UPDATE: S&P Lowers Outlook on Kansas City Southern (KSU) to Stable
May 14, 2015 12:32PM Moody's Lowers Outlook on Ocean Rig UDW (ORIG) to Negative
May 13, 2015 04:29PM Owens-Illinois (OI) Places on CreditWatch Negative by S&P Amid Vitro Asset Acquisition
May 13, 2015 03:19PM S&P Places Danaher (DHR) on CreditWatch Negative Following Move to Acquire Pall Corp. (PLL)
May 13, 2015 02:12PM S&P Places Pall Corp. (PLL) on CreditWatch Positive Following Acquisition Agreement with Danaher (DHR)
May 13, 2015 12:37PM S&P Affirms Ratings on Restaurant Brands (QSR) Following Proposed Capital Structure Update
May 13, 2015 11:23AM S&P Raises L Brands' (LB) Financial Risk Profile to 'Intermediate'; Affirms Corp. Rating, Outlook
May 13, 2015 10:11AM S&P Downgrades Magnum Hunter Resources (MHR) to CCC-'; Sees Insufficient Cash to Cover Expenses, Payments
May 12, 2015 05:03PM Moody's Downgrades Chicago, IL $8.1B GO to Junk; Outlook Negative
May 12, 2015 03:40PM S&P Keeps Bankrate (RATE) on CreditWatch Negative Following Receipt of Noteholder Consent on Indenture Amendment
May 12, 2015 01:24PM Fitch Comments on Patriot Coal's Ch. 11 Filing; Arch Coal (ACI), Walter Energy (WLT) Have 'Significant' Default Risk
May 12, 2015 12:47PM Verizon's (VZ) Move to Acquire AOL (AOL) is Slightly Credit-Negative Event - Moody's
May 12, 2015 11:48AM S&P Affirms Noble Energy's (NBL) Ratings on Rosetta Resources Deal; Moves Financial Risk Profile to 'Significant'
May 12, 2015 07:56AM S&P Lowers Outlook on HRG Group (HRG) to Negative; Leverage Expected to Increase in Transitional Phase
May 11, 2015 03:48PM Teleflex (TFX) CFR Upgraded to 'Ba2' by Moody's; Sees Sustainable Leverage Amid M&A Activity
May 11, 2015 03:15PM Moody's Upgrades Hologic's (HOLX) Corporate Family Rating to 'Ba3'; Speculative Grade Liquidity Rating Affirmed
May 11, 2015 02:09PM Moody's Upgrades PPL Corp. (PPL) to 'Baa2' Amid Upcoming Spin of PPL Energy Supply
May 8, 2015 03:58PM CST Brands (CST) Q1 Results are Credit-Positive Development - Moody's
May 8, 2015 11:15AM S&P Places Quality Distribution (QLTY) on CreditWatch Negative Following Merger Announcement
May 8, 2015 10:20AM Moody's Lowers Outlook on U.S. Steel Industry to Negative (X) (WOR) (STLD) (NUE)
May 7, 2015 02:41PM S&P Lifts Outlook on Regency Centers (REG) to Positive; Notes Strong Recent Operating Performance
May 7, 2015 12:19PM Neenah Paper (NP) Ratings Affirmed by S&P; Liquidity Reassessed to 'Exceptional'
May 6, 2015 10:17AM S&P Lowers Outlook on Public Service Enterprise (PEG) to Stable; Notes Recent Increases in Capital Spending
May 6, 2015 10:10AM Moody's Sees Drop in Macau Gaming Revenue as Negative for Related Companies (MPEL)
May 5, 2015 01:58PM Moody's Sees CBS Corp.'s (CBS) Contractual Revenue Growth Bolstering Financial Flexibility
May 4, 2015 12:13PM UPDATE: S&P Downgrades McDonald's (MCD) to 'A-', Outlook to Stable
May 4, 2015 11:50AM Cheniere Energy (LNG) Ratings Affirmed by S&P; Reflects Stable CQP Cash Flow
May 4, 2015 11:31AM Moody's Upgrades Regency Energy Partners LP (RGP) to 'Baa3'
May 4, 2015 09:28AM S&P Lowers Outlook on BHP Billiton Ltd. (BHP) to Negative
May 1, 2015 02:40PM S&P Downgrades Weight Watchers (WTW) to 'B-'; Sees Downward Revenue Trends Continuing
May 1, 2015 12:13PM Moody's Downgrades Avon Products (AVP) to 'Ba2'; Efforts to Improve Operating Performance Seen as Not Sufficient
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