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Moody's reviews debt ratings for some companies due to low oil and gas prices
2016-01-22 17:30:03| Oil & Gas - Topix.net
The debt ratings for more than a dozen Canadian companies have been placed under review and may be downgraded by Moody's Investor Services as a result of lower oil and gas prices. Among the biggest names on the list is Calgary-based Precision Drilling , which owns and operates fleets of rigs used by oil and gas companies in Canada, the United States and other countries.
Mississippi Power debt rating downgraded by Moody's
2015-11-10 03:03:01| Energy - Topix.net
JACKSON, Miss. - A bond rating agency downgraded Mississippi Power Co.' s debt to the lowest investment-grade level, saying the election of two new members of the state Public Service Commission "increases regulatory uncertainty."
Tags: power
rating
debt
mississippi
Moody's raises European telco outlook
2015-10-15 02:00:00| Total Telecom industry news
Ratings firm says data demand, improved consumer spending will lead to 1%-2% revenue increase over next 12-18 months.
Tags: european
outlook
raises
telco
Outlook for U.S. apparel and footwear industry is weaker as dollar strength dents earnings: Moody's
2015-10-05 16:59:12| Apparel - Topix.net
The outlook for the U.S. apparel and footwear industry has deteriorated thanks to the strong dollar, which is denting earnings and sales, Moody's Investors Service said Monday. "While the hedges taken this year will partially protect margins, the strong US dollar will continue to have negative foreign currency translation effects on the industry's gross profits for the rest of this year," Scott Tuhy, a Moody's senior credit officer said in a statement.
Tags: industry
apparel
strength
dollar
Outlook for U.S. apparel and footwear industry is weaker as dollar strength dents earnings: Moody's
2015-10-05 16:58:09| Footwear - Topix.net
The outlook for the U.S. apparel and footwear industry has deteriorated thanks to the strong dollar, which is denting earnings and sales, Moody's Investors Service said Monday. "While the hedges taken this year will partially protect margins, the strong US dollar will continue to have negative foreign currency translation effects on the industry's gross profits for the rest of this year," Scott Tuhy, a Moody's senior credit officer said in a statement.
Tags: industry
apparel
strength
dollar
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