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21 June 2021
21:22 hour

S&P downgrades debt-riddled GE and GE Capital

CNN Money Top Stories

08/02/2021 - 22:45

New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he's inheriting.


READ THE FULL ARTICLE ON CNN MONEY TOP STORIES

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    I know oxy was hit with downgrades in March 2020. I’m still learning here. With their 1Q21 results in they’ve achieved a FCF of 1.6bill and since their downgrade has moved a chunk of debt with more on the horizon. Based on my math I see a 2Q21 FCF of around 2.1B. What are the guidelines for achieving investment grade again? What do they look for when assigning this rating? How much do funds look at this? Kind of curious how much the stock could pop if new investments are allowed in. They were projecting 4Q21 profitability based on $43 oil so with it in the 60s hoping they stay laser focused on getting the debt down.   submitted by   /u/ElBigBad [link]   [comments]
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  2. BTIG downgrades Annaly Capital to Neutral due to tight spread environment (21/04/2021 - Seeking Alpha)

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  3. S&P downgrades Future Retail to ‘SD’ on restructuring of debt (29/04/2021 - Financial Express)
    The rating agency sees the restructuring as distressed and tantamount to default because the original terms of the loans have been changed without adequate offsetting compensation.
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  4. The worst is behind for residential sector in India: Report (22/02/2021 - Financial Express)
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  5. Care downgrades Srei cos’ ratings to ‘D’ on facilities worth Rs 29,240 crore (10/03/2021 - Financial Express)
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  6. How to bring back credibility on news channels and ratings (03/04/2021 - Financial Express)
    From an ineffectual sample size, an outdated NCCS mechanism, to zero transparency - the entire news ratings system is riddled with challenges, complexities, and controversies
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  7. Golub Capital BDC raises $400M debt capital (18/02/2021 - Seeking Alpha)

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  8. Altico Capital lenders sign settlement agreement with Ares SSG Capital (02/03/2021 - Financial Express)
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  9. Preparation for trading day - june 11, 2021 (11/06/2021 - Reddit Stocks)
    # Preparation for trading day - june 11, 2021 I usually prepare some notes to summarize what is going on in the markets before the market open and i thought people might like it, let me know if you if find it useful. Note that this only includes stocks with larger market cap and stocks considered popular. ​ # Notable Price Upgrades and Downgrades Nasdaq (NDAQ) Morgan Stanley initiates overweight rating (Price target $205) Fastly (FSLY) RBC Capital initiates sector perform rating (Price target $50) Biogen (BIIB) Bernstein upgrades to outperform rating (Price target $500) Coursera (COUR) RBC Capital initiates outperform rating (Price target $50) Snowflake (SNOW) Rosenblatt maintains buy rating (Price target changes from $270 to $265) Logitech International (LOGI) Morgan Stanley downgrades to equal weight rating ​ # Today's Economic Calendar * 10 am - Consumer sentiment index (preliminary) ​ # IPO market nothing today ​ That's all folks, have fun and stay green Disclaimer: I am not a financial advisor, and nothing in this post shall be seen as a financial advise. Always make to sure to vet the accuracy of statements and do your own research before using it in any way.y.   submitted by   /u/greenfish00 [link]   [comments]
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  10. BharatPe now $100M short of joining Paytm, PhonePe, others in fintech unicorn club with new funding round (11/02/2021 - Financial Express)
    The current round was led by existing investor Coatue Management while others including Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo, and Sequoia Capital also participated. The latest round took the company’s total equity and debt investment to $268 million.
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  11. Most notable stock upgrades and downgrades June 8, 202 (09/06/2021 - Reddit Stock Market)
    Note that this only includes stocks with larger market cap and stocks considered popular. Airbnb (ABNB) Loop Capital maintains buy rating (Price target from $240 from $195) Colgate-Palmolive (CL) Credit Suisse upgrades to outperform rating (Price target $95) FOX (FOXA) Wells Fargo upgrades to overweight rating (Price target $47) Generac Hldgs (GNRC) Piper Sandler maintains overweight rating (Price target $410) Goldman Sachs Group (GS) Jefferies initiates buy rating (Price target $450) Morgan Stanley (MS) Jefferies initiates buy rating (Price target $108) Sherwin-Williams (SHW) RBC Capital maintains outperform rating (Price target $327) Wells Fargo maintains overweight rating (Price target $317) Keybanc maintains overweight rating (Price target $320) UiPath (PATH) Morgan Stanley maintains equal weight rating (Price target $72) Barclays maintains equal weight rating (Price target $73) Keybanc maintains overweight rating (Price target $86) Wendy's (WEN) Stifel downgrades to hold rating (price target $25) ​ That's all folks, have fun and stay green Disclaimer: I am not a financial advisor, and nothing in this post shall be seen as a financial advise. Always make to sure to vet the accuracy of statements and do your own research before using it in any way.   submitted by   /u/greenfish00 [link]   [comments]
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  12. Most notable stock upgrades and downgrades June 9, 202 (09/06/2021 - Reddit Stock Market)
    Note that this only includes stocks with larger market cap and stocks considered popular. Airbnb (ABNB) Loop Capital maintains buy rating (Price target from $240 from $195) Colgate-Palmolive (CL) Credit Suisse upgrades to outperform rating (Price target $95) FOX (FOXA) Wells Fargo upgrades to overweight rating (Price target $47) Generac Hldgs (GNRC) Piper Sandler maintains overweight rating (Price target $410) Goldman Sachs Group (GS) Jefferies initiates buy rating (Price target $450) Morgan Stanley (MS) Jefferies initiates buy rating (Price target $108) Sherwin-Williams (SHW) RBC Capital maintains outperform rating (Price target $327) Wells Fargo maintains overweight rating (Price target $317) Keybanc maintains overweight rating (Price target $320) UiPath (PATH) Morgan Stanley maintains equal weight rating (Price target $72) Barclays maintains equal weight rating (Price target $73) Keybanc maintains overweight rating (Price target $86) Wendy's (WEN) Stifel downgrades to hold rating (price target $25) ​ That's all folks, have fun and stay green Disclaimer: I am not a financial advisor, and nothing in this post shall be seen as a financial advise. Always make to sure to vet the accuracy of statements and do your own research before using it in any way.   submitted by   /u/greenfish00 [link]   [comments]
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  13. World Hypertension Day 2021: How to overcome hypertension, anxiety and depression during the pandemic (17/05/2021 - Financial Express)
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  14. The Tell: Less state debt, but a ‘lost decade’ for U.S. infrastructure spending, S&P finds (15/06/2021 - Market Watch)
    States are being increasingly cautious about committing to capital spending, and are issuing less debt to fund such projects, but that might be coming at the expense of adequate spending on infrastructure.
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  15. Former Myntra CEO Ananth Narayanan’s Mensa Brands raises $50 mn in funding (01/06/2021 - Financial Express)
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  16. Royal Caribbean raises $1.5B through debt capital (25/03/2021 - Seeking Alpha)

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  17. TriMas raises $400M through debt capital (16/03/2021 - Seeking Alpha)

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  18. Comstock Resources secured $1B debt capital (19/02/2021 - Seeking Alpha)

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  19. IMAX raises $200M debt capital (17/03/2021 - Seeking Alpha)

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  20. Mudrick Capital all out of AMC stock and debt - CNBC (04/06/2021 - Seeking Alpha)

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  21. Electronic Arts raises $1.5B debt capital (10/02/2021 - Seeking Alpha)

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  22. Great Elm Capital announces debt raise (16/06/2021 - Seeking Alpha)

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  23. T-Mobile raises $3B capital via debt offering (11/05/2021 - Seeking Alpha)

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  24. Ready Capital prices $175M debt offering (09/02/2021 - Seeking Alpha)

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  25. PAVmed to raise capital to fund debt repayment (22/02/2021 - Seeking Alpha)

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  26. Tronox announces $625M debt capital raise (01/03/2021 - Seeking Alpha)

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  27. R.R. Donnelley & Sons to raise $350M through debt capital (13/04/2021 - Seeking Alpha)

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  28. Spectrum Brands raised $500M debt capital (22/02/2021 - Seeking Alpha)

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  29. GeoPark to raise capital through private debt offering (14/04/2021 - Seeking Alpha)

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  30. Kosmos Energy to raise $400M in debt capital (23/02/2021 - Seeking Alpha)

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  31. Estée Lauder raises $600M debt capital (02/03/2021 - Seeking Alpha)

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  32. Compass Diversified to raise $750M of debt capital (01/03/2021 - Seeking Alpha)

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  33. Spectrum Brands to raise $400M through debt capital (19/02/2021 - Seeking Alpha)

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  34. Sensata Ttechnologies B.V. to raise $500M debt capital (15/03/2021 - Seeking Alpha)

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  35. Gladstone Investment announces capital raise via debt offering (23/02/2021 - Seeking Alpha)

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  36. Beyond Meat to raise $750M capital through private debt offering (02/03/2021 - Seeking Alpha)

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  37. Preparation for trading day - June 17, 2021 (17/06/2021 - Reddit Stocks)
    Preparation for trading day - June 17, 2021 I usually prepare some notes to summarize what is going on in the markets before the market open and i thought people might like it, let me know if you if find it useful. Note that this only includes stocks with larger market cap and stocks considered popular. Notable Price Upgrades and Downgrades Altria Group (MO): Redburn Partners Initiates Neutral Rating Realty Income (O): Raymond James Maintains Outperform Rating (Price Target Changes From $71 To $76) Pfizer (PFE): RBC Capital Maintains Sector Perform Rating (Price Target Changes From $43 To $44) Constellation (CNST): RBC Capital Downgrades To Sector Perform From Outperform (Price Target Changes From $50 To $34) Goldman Sachs Group (GS): JMP Securities Maintains Market Outperform Rating (Price Target Changes From $400 To $425) ConocoPhillips (COP): Keybanc Maintains Overweight Rating (Price Target Changes From $65 To $68) AT&T (T): Scotiabank Upgrades To Sector Perform From Sector Underperform (Price Target Changes From $28 To $31) CureVac (CVAC): B Of A Securities Downgrades To Neutral From Buy (Price Target $50) QuantumScape (QS): Wolfe Research Initiates Peer Perform Rating (Price Target $25) Darden Restaurants (DRI): Wedbush Maintains Neutral Rating (Price Target Changes From $146 To $150) ​ Today's Economic Calendar 08:30 am Initial jobless claims (regular state program) June 12 08:30 am Continuing jobless claims (regular state program) June 5 08:30 am Philadelphia Fed manufacturing index June 10:00 am Index of leading economic indicators May ​ IPO market (This week) AiHuiShou International (RERE) Price target: $13.00 - $15.00 AMTD Digital (HKD) Price target: $6.80 - $8.20 Angel Oak Mortgage (AOMR) Price target: $20.00 - $21.00 ATAI Life Sciences (ATAI) Price target: $13.00 - $15.00 Convey Holding Parent (CNVY) Price target: $14.00 - $16.00 Lyell Immunopharma (LYEL) Price target $16.00 - $18.00 Molecular Partners (MOLN) Price target $27.14 Unicycive Therapeutics (UNCY) Price target $8.50 - $10.50 WalkMe (WKME) Price target $29.00 - $32.00 ​ That's all folks, have fun and stay green Disclaimer: I am not a financial advisor, and nothing in this post shall be seen as a financial advise. Always make to sure to vet the accuracy of statements and do your own research before using it in any way   submitted by   /u/greenfish00 [link]   [comments]
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  38. IQVIA to raise €1.45B debt capital to redeem 3.250% senior notes due 2025. (16/02/2021 - Seeking Alpha)

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  39. Diamondback Energy raises $2.2B through debt capital to fund redemption of some notes (19/03/2021 - Seeking Alpha)

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  40. Li Auto raises $750M debt capital for research and development of new vehicles (08/04/2021 - Seeking Alpha)

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  41. RAADRapproves Lynn Cole Capital debt sale to Tri-Bridge Ventures (15/04/2021 - Seeking Alpha)

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  42. MicroStrategy shares higher on raising $600M debt capital to acquire bitcoins (16/02/2021 - Seeking Alpha)

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  43. Array slammed with three downgrades after guidance disappointment (12/05/2021 - Seeking Alpha)

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  44. EnLink Mindstream upgrades, DCP Midstream downgrades at Ray Jay (14/06/2021 - Seeking Alpha)

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  45. CuriosityStream falls 9% as BofA downgrades twice, to Underperform (18/06/2021 - Seeking Alpha)

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  46. Cantor downgrades MedMen to underweight, removes PT (17/03/2021 - Seeking Alpha)

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  47. Truist downgrades shares of Editas Medicine (26/02/2021 - Seeking Alpha)

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  48. Party City to raise $725M debt capital to fund term loan maturing 2022 (09/02/2021 - Seeking Alpha)

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  49. With Abbvie acquisition, Cantor downgrades Soliton to neutral (13/05/2021 - Seeking Alpha)

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