MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said its 'B' rating and negative outlook for United States-headquartered property company Realogy Corp. would not be immediately affected despite expectations that its senior secured credit facility leverage covenant cushion will narrow in the June 2008 quarter because S&P believes Realogy will produce positive cash flow generation
May 15 (Bloomberg) -- Pakistan's foreign currency rating was cut to B by Standard & Poor's because of government spending that's growing faster than revenue collection and political instability. The outlook is negative, according to S&P.
On Tuesday, May 20, the Southwest Enforcement Bureau wil be conducting a training exercise on the Baldwin-Wallace College campus. The training area will be east of the Strosacker Union and will take place between 2 and 10 p.m. and will
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it downgraded the senior secured issuer rating of Sagittarius Restaurants LLC to 'B' from 'B+', citing the assumption that the company would enter bankruptcy with lower EBITDA than previously anticipated as a result of not making any cash interest payments on its subordinated notes in the year of default.
The stock market may be deeply analytical in nature, but it's also highly emotional. The past few months, its mood swings have been unusually pronounced. As you might expect, bad news has depressed investors. That may be a good thing. Investor sentiment is a contrary indicator: Typically, the best time to buy is when the public is thoroughly disgusted with the stock market.