Moody's: Outlook for US lodging and cruise industry positive as occupancy rises and fuel costs fall
Apr 08, 2015 15:34 pm UTC| Research & Analysis
The outlook for the US lodging and cruise industry remains positive, Moodys Investors Service says in a new report. The year is off to a strong start, with occupancy rates at historical highs and oil prices falling, with...
Moody's: Change to Germany's Banking Act would be credit negative for tradable senior unsecured debt
Apr 08, 2015 15:13 pm UTC| Research & Analysis
The inception of the EUs Bank Recovery and Resolution Directive (BRRD) has established depositor preferences for banks subject to that regime; the Finance Ministry in Germany (Aaa stable) is proposing an amendment to...
Fitch Maintains Brazilian Construction Companies on Rating Watch Negative
Apr 07, 2015 18:41 pm UTC| Research & Analysis
Fitch Ratings has maintained the ratings for the following issuers on Rating Watch Negative: Camargo Correa S.A. (CCSA), Construtora Andrade Gutierrez S.A. (CAG), Construtora Norberto Odebrecht S.A. (CNO) and Construtora...
Moody's: Liquefied natural gas projects nixed amid lower oil prices
Apr 07, 2015 14:42 pm UTC| Research & Analysis
Liquefied natural gas (LNG) suppliers are curtailing their capital budgets, amid low oil prices and a coming glut of new LNG supply from Australia and the US, Moodys Investors Service says in a new report, "Lower Oil...
Fitch: Greek Bad Bank Potentially Positive, Likely Insufficient
Apr 07, 2015 14:20 pm UTC| Research & Analysis
The Greek governments intention to create a "bad bank" is a positive step towards achieving reform because it recognises that high volumes of non-performing loans (NPL) are impeding new lending, Fitch Ratings says....
Fitch: Despite Tough Winter, U.S. Transportation Growth Will Continue to Trend Upward
Apr 07, 2015 14:18 pm UTC| Research & Analysis
U.S. Transportation will continue its trend towards growth in 2015, according to a new Fitch Ratings report. All sectors are expected to maintain sufficient pricing power and volume and ensuing inflation rate increases at...
Fitch: Model Shows Fast Rate Rise Would Hurt US Public Finance
Apr 06, 2015 16:57 pm UTC| Research & Analysis
U.S. Federal Reserve (the Fed) rates are likely to begin to rise in mid 2015 and to tighten gradually, Fitch Ratings says. We expect the average policy rate for 2016 to be 1.6%. However, we created an interest rate shock...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects