Upside limited for fallen angel companies - S&P


By Dena Aubin NEW YORK, Feb 27 (Reuters) - Companies that lost investment-grade ratings over the past 16 years had just a one-in-four chance of gaining them back, Standard & Poor's said on Thursday, raising new worries over a host of companies rated just one notch from junk. Of 383 companies slashed to junk worldwide since 1987, just 87 have been upgraded back to investment-grade, S&P said in a report. Companies that lose investment-grade ratings, known as "fallen angels," can ...

Premium Content (PAID Subscription Required)

"Upside limited for fallen angel companies - S&P" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×