Tag: credit

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Swiss regulator opens enforcement proceedings against Credit Suisse over Archegos

The Swiss Financial Market Supervisory Authority (FINMA) said Thursday that it has “opened enforcement proceedings” against Credit Suisse CS, +0.87%…

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UPDATE: Goodyear announces offering of $1 billion of high-yield bonds, amends credit agreement

The Goodyear Tire & Rubber Co. GT, +3.65% said Wednesday it has commenced a $1 billion offering of high-yield 10-year…

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Hexcel stock falls after credit rating cut to ‘junk’ status at S&P Global Ratings

Shares of Hexcel Corp. HXL, -0.18% fell 0.8% in afternoon trading Friday, after the credit of the maker of materials…

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Royal Caribbean credit in danger of a downgrade at S&P Global

Royal Caribbean Group’s RCL, +2.17% credit rating is in danger of being downgraded deeper into junk territory by S&P Global…

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Square stock falls after report says company in talks to acquire tax-prep business from Credit Karma

Square Inc. SQ, -8.81% shares are off 9% in Friday trading after a Wall Street Journal report said that the…

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S&P affirms Southwest Airlines’ investment grade credit rating, removes it from CreditWatch

S&P Global Ratings is now a little more upbeat on Southwest Airlines Co.’s LUV, +0.54% credit, even though the rating…

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Fitch cuts U.S. credit outlook to ‘negative’ on COVID-19, election uncertainty, but maintains AAA rating

Fitch Ratings on Friday turned more negative on the outlook for the gold-plated U.S. credit rating. High fiscal deficits and…

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U.S. consumer credit plummets in April as credit-card use tumbles by record amount

Consumer borrowing declined in April by the fastest rate since 1943 as credit card use saw a record decline, according…