By Dena Aubin NEW YORK, April 23 (Reuters) - A hailstorm of downgrades has left more than half of U.S. company credit ratings at junk status, by one agency's count, yet a five-year slide in credit quality could be in its closing stages. As companies struggle to repair balance sheets laden with debt during the booming 1990s, recent data are showing glimmers of hope. Interest expense has fallen, thanks to tumbling short-term interest rates, cash levels are rising and revenues as a percent ...
Premium Content (PAID Subscription Required)
"Half US bond ratings now junk, but downgrades ease" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642