Exact(15)
On April 1, Fitch again placed Iceland's banks and sovereign debt on a negative credit outlook.
Standard & Poor's also put the company on a negative credit watch.
Fitch said the number of countries with a "negative credit outlook" has almost doubled this year, from 10.3% to 19.8%.
Ford was lowered to BBB- from BBB. G.M. remains at BBB but on a negative credit watch as does DaimlerChrysler.
Many other victims have simply paid up, fearing that a negative credit mark will end their chance of mortgage.
Wenner Media has been struggling with declining ad revenues and a negative credit rating issued by Standard & Poor's in December.
Similar(42)
Typically nowadays a financial restatement or missed regulatory filing date can put a bond on negative credit watch immediately; no waiting until too late, as happened in the Enron and WorldCom era.
"Elevated borrowing costs persisting for an extended period would amplify the fiscal challenges the French government faces amid a deteriorating growth outlook, with negative credit implications," Alexander Kockerbeck, a Moody's analyst, wrote in a weekly report, noting that weak economic growth would further weigh on the country's efforts to control spending.
Fragile balance sheets and heavy investment demands prompted Standard & Poor's, a rating agency, to place negative credit outlooks on Sands in May and Galaxy in December.
This is desirable because the price of those bonds will experience a decrease in value due to the negative credit event.
But just because a customer has a negative D&B credit assessment doesn't mean you should run the other way.
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