Your English writing platform
Discover LudwigSuggestions(1)
Exact(6)
The rating could be downgraded over the next 12 months if the company does not strengthen its financial profile".
On Jan . 30 of 2008alone, Standard & Poor's downgraded over 6,300 subprime residential mortgage-backed securities and 1,900 C.D.O.'s.
"I still think that the credit rating is more likely than not to be downgraded over the next few years," he added.
While no state has defaulted on its debt since the Depression, some states have been downgraded over the last year and a half, including California, New Jersey, Wisconsin and North Carolina.
That's why Mr. O'Neill, whose presidentially conferred nickname was downgraded over time from "Pablo" to the "Big O," tried to get Mr. Bush to agree to condition the phasing in of these cuts on the availability of surpluses.
Six of the states in the top 10 have seen their debt downgraded over the last 3 years, in large part because of their pension position.* Current taxpayers benefit to the extent that the state makes lower than prudent contributions today.
Similar(54)
Also a year ago, 47 companies were on the negative credit watch list -- facing downgrades over the next 90 days.
So the combined list of credit-challenged companies is growing again, even though there have already been 166 credit downgrades over the last year.
Andrew Lapthorne of Societe Generale reports that the industrial sector, along with the also-cyclical basic materials group, has seen the worst balance between earnings upgrades and downgrades over the last month.
While the third quarter has seen better-than expected advertising growth, in the medium-to-long term we believe that ITV has poor online positioning and that this could be a driver of revenue downgrades over time.
Large-scale downgrades over the summer and fall of that year "shocked the financial markets, helped cause the collapse of the subprime secondary market, triggered sales of assets that had lost investment-grade status and damaged holdings of financial firms worldwide," according to a memo summarizing the panel's findings.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com