For speculative-grade companies, the median cash ratio declined to 28.8% in the second quarter, down from 29.8% in the previous quarter. “Companies continued to face higher costs of debt during the ...
For companies rated as speculative, debt declined in eight of 10 sectors, S&P said. “Total debt only rose in the healthcare and energy sectors,” whereas debt levels in the consumer staples sector was ...
Moody’s Ratings has put all of Boeing Co.’s ratings on review for downgrade, after the aerospace giant’s machinist union voted to go on strike. The rating of Baa3 is already the lowest rung of ...
The trailing 12-month global speculative-grade default rate edged higher in October to 1.9%, up from 1.8% in September, according to Moody's Investors Service in its monthly default report. October's ...