Standard & Poor's

S&P Global to Present at Morgan Stanley's Virtual U.S. Financials Conference on June 9, 2020

Retrieved on: 
Thursday, June 4, 2020
Service companies, Financial data vendors, Companies, Finance, S&P Global Platts, S&P Dow Jones Indices, S&P Global, Dow Jones, New York Stock Exchange, Standard & Poor's

NEW YORK, June 4, 2020 /PRNewswire/ --Martina Cheung, President of S&P Global Market Intelligence, a division of S&P Global (NYSE: SPGI), will present at Morgan Stanley's Virtual U.S. Financials Conference on June 9 from 1:00 p.m. to 1:30 p.m. (Eastern Daylight Time).

Key Points: 
  • NEW YORK, June 4, 2020 /PRNewswire/ --Martina Cheung, President of S&P Global Market Intelligence, a division of S&P Global (NYSE: SPGI), will present at Morgan Stanley's Virtual U.S. Financials Conference on June 9 from 1:00 p.m. to 1:30 p.m. (Eastern Daylight Time).
  • The webcast (audio-only) will be available live and in replay through the Company's Investor Relations website http://investor.spglobal.com/Investor-Presentations (please copy and paste URL into web browser).
  • Any additional information presented during the presentation will be made available on the Company's Investor Presentations web page.
  • Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts.

AM Best Affirms Credit Ratings of Illinois Casualty Company

Retrieved on: 
Wednesday, June 3, 2020
Professional services, Insurance, Finance, Finance, Credit rating agencies, Economy, Credit rating, AM Best, Standard & Poor's

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bbb+ of Illinois Casualty Company (ICC).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bbb+ of Illinois Casualty Company (ICC).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

TD Asset Management Inc. (TDAM) Virtually Opens The Market

Retrieved on: 
Wednesday, June 3, 2020
Toronto Stock Exchange, Economy of Toronto, TMX Group, TMX, Stock exchanges, Exchange-traded funds, ONTARIO, Economy of Canada, Standard & Poor's, NEO Exchange

CEO, TD Asset Management, along with members of his team, joined Robert Peterman, Vice President Global Business Development, TMX Group to celebrate the launch of five new ETFs (TSX:TGGR / TSX:TULV / TSX:TCLV / TSX:TINF / TSX:TUED) and open the market.

Key Points: 
  • CEO, TD Asset Management, along with members of his team, joined Robert Peterman, Vice President Global Business Development, TMX Group to celebrate the launch of five new ETFs (TSX:TGGR / TSX:TULV / TSX:TCLV / TSX:TINF / TSX:TUED) and open the market.
  • In celebration of the 30th anniversary of ETFs in Canada, TD Asset Management Inc. (TDAM) announced the addition of these five new TD Exchange-Traded Funds to its expanding solution suite.
  • For more information on these TD ETFs, including the prospectus and ETF Facts, please visit www.TD.com/etfs
    For Market Openings:Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies.
  • The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC.

S&P Global to Present at the Virtual William Blair 40th Annual Growth Stock Conference on June 10, 2020

Retrieved on: 
Tuesday, June 2, 2020
Service companies, Financial data vendors, Companies, Finance, S&P Global Platts, S&P Global, S&P Dow Jones Indices, Dow Jones, Steenbergen, New York Stock Exchange, Standard & Poor's

NEW YORK, June 2, 2020 /PRNewswire/ -- Ewout Steenbergen, Executive Vice President and Chief Financial Officer of S&P Global (NYSE: SPGI), will present at the virtual William Blair 40th Annual Growth Stock Conference on June 10.

Key Points: 
  • NEW YORK, June 2, 2020 /PRNewswire/ -- Ewout Steenbergen, Executive Vice President and Chief Financial Officer of S&P Global (NYSE: SPGI), will present at the virtual William Blair 40th Annual Growth Stock Conference on June 10.
  • Mr. Steenbergen is scheduled to speak from 10:00 a.m. to 10:30 a.m. (Central Daylight Time).
  • We've been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years.
  • Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts.

AM Best Downgrades Credit Ratings of Consumer Insurance Services Limited

Retrieved on: 
Friday, May 29, 2020
Banking, Professional services, Insurance, Finance, Finance, Money, Credit rating agencies, Economy, Credit rating, AM Best, Standard & Poor's

AM Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to bbb- from bbb of Consumer Insurance Services Limited (CISL) (New Zealand).

Key Points: 
  • AM Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to bbb- from bbb of Consumer Insurance Services Limited (CISL) (New Zealand).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from negative.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

China Index Holdings Announces Investment in Controlling Stakes of Credit Rating Companies

Retrieved on: 
Friday, May 29, 2020
Finance, Economy, Money, Credit rating agencies, Business intelligence, Financial data vendors, CIH, Analytics, Standard & Poor's, Big data

BEIJING, May 29, 2020 (GLOBE NEWSWIRE) -- China Index Holdings Limited (NASDAQ: CIH), (CIH or the Company), a leading real estate information and analytics provider in China, today announced that it has entered into an agreement to acquire 100% control of China Index Credit Rating Ltd., a newly registered credit rating company in China, and through a separate agreement, 67% fully diluted shares of Shouzheng Credit Rating Ltd., a credit rating company registered in 2018 in China.

Key Points: 
  • BEIJING, May 29, 2020 (GLOBE NEWSWIRE) -- China Index Holdings Limited (NASDAQ: CIH), (CIH or the Company), a leading real estate information and analytics provider in China, today announced that it has entered into an agreement to acquire 100% control of China Index Credit Rating Ltd., a newly registered credit rating company in China, and through a separate agreement, 67% fully diluted shares of Shouzheng Credit Rating Ltd., a credit rating company registered in 2018 in China.
  • The two credit rating companies will lay the foundation for CIH to establish a credible and trustworthy global credit rating house to serve corporate needs in China and overseas, together with CIHs long-established big data, analytics and professional research platforms.
  • CIH has been serving financial institutions and corporations for the past five years by using risk-analysis and modeling on its database and analytics platforms.
  • CIH operates a leading real estate information and analytics service platform in China in terms of geographical coverage and volume of data points.

Firmenich Completes Financing of DRT Acquisition, Raising EUR 750 Million, With Debut Issuance of Hybrid Notes

Retrieved on: 
Thursday, May 28, 2020
Companies, Credit rating agencies, Industries, Firmenich, Standard & Poor's, Finance

"The hybrid notes will complete the financing of our acquisition of DRT announced in March, which makes Firmenich the industry leader in renewable and sustainable ingredients.

Key Points: 
  • "The hybrid notes will complete the financing of our acquisition of DRT announced in March, which makes Firmenich the industry leader in renewable and sustainable ingredients.
  • "I am delighted with this vote of confidence from our investors, which clearly shows their trust in Firmenich."
  • The notes will be assigned 50% equity credit by Standard & Poor's and further contribute to supporting the Company's strong investment grade credit rating.
  • This provides further recognition of the Company's resilient business model, successful operating track record and strong cash generation profile.

Fitch Assigns a BBB- Rating and Stable Outlook on Citycon

Retrieved on: 
Tuesday, May 26, 2020
Finance, Money, Credit rating agencies, Economy, Standard & Poor's, Fitch Ratings, Credit rating, Moody's Investors Service, Bond credit rating

Citycon and Fitch Ratings have signed a new credit rating agreement.

Key Points: 
  • Citycon and Fitch Ratings have signed a new credit rating agreement.
  • Fitch assigns a credit rating of BBB- with a stable outlook for Citycon.
  • "We are pleased to receive this investment grade credit rating with stable outlook which further validates the strength of our financial profile and our business strategy.
  • Citycon's credit ratings are assessed by Fitch Ratings, S&P Global Ratings and Moody's Investors Service.

Ryder Chairman & CEO to Participate in Virtual KeyBanc Capital Markets Industrials and Basic Materials Conference

Retrieved on: 
Friday, May 22, 2020
Other Transport, Trucking, Rail, Automotive, Transport, Automotive Manufacturing, Manufacturing, Logistics, Supply chain management, Fleet management, Operating systems, Software, World Wide Web, Social media, Universal Windows Platform apps, Communication, Forward-looking statement, Standard & Poor's, LinkedIn, Twitter, New York Stock Exchange, Dow Jones Industrial Average

The companys stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400 index.

Key Points: 
  • The companys stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400 index.
  • For more information, visit www.ryder.com or our newsroom, and follow us on Facebook, LinkedIn, and Twitter.
  • These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions.
  • Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Vertex Aerospace Credit Rating Upgraded to B+; S&P Says Outlook Stable

Retrieved on: 
Thursday, May 21, 2020
Credit rating agencies, Standard & Poor's, Finance, Companies

MADISON, Miss., May 21, 2020 /PRNewswire/ -- S&P Global, a top market intelligence firm, recently upgraded Vertex Aerospace's corporate credit rating to B+ with a stable outlook.

Key Points: 
  • MADISON, Miss., May 21, 2020 /PRNewswire/ -- S&P Global, a top market intelligence firm, recently upgraded Vertex Aerospace's corporate credit rating to B+ with a stable outlook.
  • In support of upgrading Vertex's rating, S&P cited the Company's strong liquidity position, growing profitability, and continuous improvement in its credit metrics.
  • The upgrade, coupled with a stable outlook, is a signal to the market that S&P expects these favorable trends to continue.
  • Vertex Aerospace, formerly named L3 Vertex Aerospace, was purchased by AIP in June 2018, along with its subsidiaries, Crestview Aerospace in Crestview, Florida, and TCS in Warner Robins, Georgia.