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

Standard & Poor's Fundamentals of Corporate Credit Analysis



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Standard & Poor's Fundamentals of Corporate Credit Analysis Blaise, Ganguin ebook
Page: 463
ISBN: 0071454586,
Format: pdf
Publisher: McGraw-Hill


According to the State Audit of Vietnam, many state-owned enterprises “Vinashin has created significant uncertainty over the likelihood of a government bailout, further highlighting the importance of sound credit risk assessment based on borrowers' fundamentals. (CCC+/Negative/–) latest subpar debt repurchase does not affect our current corporate credit rating on the company. There have been many questions about the relationship between the S&P and the US Dollar (USD). €�We have concerns that HP's inconsistent growth strategies and high levels of board of director and senior management turnover have elevated the level of operational and execution risk in the near term,” S&P analyst Martha Toll Reed said in a statement. Although not a downgrade, it is a shock for an emerging market leader whose economic fundamentals have been improving so consistently in recent years that the upward trend was almost taken for granted. Fourth: There is fear in European markets that are overriding fundamentals these banks: As economies in Europe continue to deterioriate (which has already been calculated into many Italian and Spanish firms, among others), S&P continues to keep banks on credit watch on the possibility of further contraction. May 16 - Standard & Poor's Ratings Services said today that Dallas, Texas-based print and digital marketing services provider SuperMedia. An authoritative, in-depth guide to all aspects of credit analysis from the experts at Standard & Poor's Credit analysis--gauging an issuer's ability to repay interest and principal on a bond iss. €�Vinashin's woes highlight the lack of transparency, weak accountability, and poor corporate governance in Vietnam,” said S&P credit analyst Ivan Tan. The first question dives into the reason why many sub divisions of financial institutions saw credit ratings higher than the full corporation themselves. It's totally fair for S&P to factor politics into their assessment of sovereign debt. Our issue-level rating on the . So far, May 2013 has been a gambler's paradise, in which a whopping 76.9% of the trading days for the S&P 500 have been up: The chart below shows just how far 2013's up day percentage exceeds previous years:. It can't be move based on fear, often contrary to market fundamentals. Truthfully, I have pay and benefits. Recovery analysis For the complete recovery analysis, see the recovery report on Yellow Media to be published on RatingsDirect on the Global Credit Portal following this report. Decision is going to keep whole law firms awake at night trying to analyze it to death. More than a year ago, as I wrote, the Justice Department was investigating "whether the nation's largest credit ratings agency, Standard & Poor's, improperly rated dozens of mortgage securities". But, today, I'll take this conviction of a corporate law breaker. Credit rating agency Standard & Poor's downgraded Hewlett-Packard's credit rating earlier this week, citing poor policies, a high turnover rate among top executives and an unclear strategy. You would think with the way that CNBC handled the earnings releases this week (starting with Alcoa) and then the earnings pre-announcements from Cummins (CMI) and such mid-week, and with Bespoke as well as S&P Capital IQ company negative revisions continue to outnumber positive, I still think q2 '12 earnings will not only be ok, but will demonstrate that the bearish sentiment is out-of-whack with bottoms-up company fundamentals, within the S&P 500.