Standard & Poor's Fundamentals of Corporate Credit Analysis. Blaise, Ganguin

Standard & Poor's Fundamentals of Corporate Credit Analysis


Standard.Poor.s.Fundamentals.of.Corporate.Credit.Analysis.pdf
ISBN: 0071454586, | 463 pages | 12 Mb


Download Standard & Poor's Fundamentals of Corporate Credit Analysis



Standard & Poor's Fundamentals of Corporate Credit Analysis Blaise, Ganguin
Publisher: McGraw-Hill




Will be vulnerable to the sluggish economic growth apparent in the major developed markets, and to China's lower plateau for GDP growth," says Simon Wong, a vice president and senior analyst with Moody's Corporate Finance Group. Rating Action On June 17, 2010, Standard & Poor's Ratings Services lowered its long- and short-term corporate credit ratings on U.K.-headquartered oil major BP PLC to 'A/A-1' from 'AA-/A-1+'. This may be a sign of overbought technical conditions, but the fundamentals remain too strong to buck the trend or try to predict a top. The scenario planning method; Market-based measures; Fundamental analysis of credit issuers and issues; Third-party assessments. A consumer credit report is on tap today, but the main focus for traders will remain the accommodative policies from the Federal Reserve and strong corporate earnings. Cash Back News: S&p Assigns 'b' Corporate Credit Rating to Websense Inc. Daily June E-mini S&P 500 Index. However, institutional investors in corporate bonds often supplement these agency ratings with their own credit analysis. We see these factors as fundamental issues differentiating BP from its peers. 2013-06-06 16:19:00 – Best Cash Back Forex Rebates : S&p Assigns 'b' Corporate Credit Rating to Websense Inc. In our analysis, BP's cash balances, operating cash flow generation, and bank lines should collectively be sufficient to meet liquidity needs. The ratings remain its largest market. Meanwhile, Moody's Investors Service says sovereign credit fundamentals in Southeast and South Asia should remain relatively resilient to headwinds during 2013, but warned that each country would face its own specific problems. The Fed has been feeding the long side of the market with its low interest rate policy and its aggressive asset buying program. (NYSE:CHK) fell as much as 6 percent after S&P downgraded its credit rating of the company to "BB-" from "BB," reflecting shortcomings in Chesapeake's corporate governance practices and covenant concerns. Managing enterprise-wide risks and capitalizing on opportunities are fundamental responsibilities of senior executives at all firms. The Scenario In a recent academic working paper, tilted “Credit Ratings and Credit Risk,” Brandeis University's Jens Hilscher and Oxford University's Mungo Wilson demonstrate that credit ratings by Standard & Poor's dating back to 1986 are outperformed by a simple model in predicting corporate failure. Credit ratings published by Moody's, Standard and Poor's and Fitch are meant to capture and categorize credit risk. At this rate we expect annual corporate cash flow growth to hit zero and turn negative in a few short months.