Moody’s Assigns A1 Ratings to Illinois Tool Works (NYSE: ITW)

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has assigned a A1 ratings to Illinois Tool Works (NYSE: ITW) new senior unsecured notes and its senior unsecured shelf filing. The outlook on the ratings has been negative. In a research note published yesterday, the...

Moody’s Assigns Baa2 Ratings to American Financial Group Inc (NYSE: AGF)

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has assigned a Baa2 rating to $125 million of 30 year senior unsecured notes issued by American Financial Group Inc (NYSE: AGF) off its multi-purpose US shelf registration. The outlook on the ratings has been...

Moody’s Affirms A2 Ratings on United Technologies Corporation (NYSE: UTX)

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service affirmed the ratings of United Technologies Corporation (NYSE: UTX) including the company’s A2 senior unsecured and Prime 1 short term ratings. The outlook on the ratings has been negative. In a research note...

Moody’s Withdraws Ratings of Bank Nordik

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has withdrawn Bank Nordik P/F’s standalone bank financial strength rating of D+ mapping to a ba1 baseline credit assessment and the long term bank deposit of Baa3/P-3. In a research note published yesterday, the...

Moody’s Changes Outlook of Angola’s Government Bond Rating from STABLE to POSITIVE

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has changed the outlook on the Republic of Angola’s Baa3 government bond rating Methodology from stable to positive. In a research note published yesterday, the analysts mention that the main reason behind the...

Moody’s Rates Wal Mart’s (NYSE: WMT) Expansion and Enhanced Layaway Program As Credit Positive

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service states that Wal Mart’s (NYSE: WMT) announcement that it will be broadening the categories and lengthening the purchase window for its layaway program in its US stores has been credit positive for the company. In a...

Moody’s Affirms Baa3 Rating to Fidelity National Financial Inc (NYSE: FNF)

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has assigned a Baa3 rating to the $400 million in 10 year senior notes offered by Fidelity National Financial Inc (NYSE: FNF) and affirmed A3 insurance financial strength ratings of the company’s lead title...

Moody’s Assigns Ba1 Rating to Hexcel Corporation (NYSE: HXL)

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has assigned a Ba1 rating to senior unsecured credit facilities of a $360 million revolving credit and a $90 million term loan of Hexcel Corporation (NYSE: HXL). The outlook on the ratings has been stable. In a research...

Moody’s Assigns Baa2 Rating to American International Group (NYSE: AIG)

New York, August 23 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service has assigned a Baa2 rating to $250 million of three year subordinated noted being issued by American International Group (NYSE: AIG). The outlook on the ratings has been stable. In a research note published yesterday,...

Moody’s Rates Church & Dwight Company (NYSE: CHD) Acquisition of Avid Health Inc As Credit Negative

New York, August 22 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service says that Church & Dwight Company (NYSE: CHD) has announced that it would acquire Avid Health Inc, which is a maker of gummy form vitamins and supplements under the Vitafusion and Lil’s Critters brands for $650...

Moody’s Changes Outlook of Sonic Automotive Inc (NYSE: SAH) from STABLE to POSITIVE

New York, August 22 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service changed the outlook of Sonic Automotive Inc (NYSE: SAH) from stable to positive. In a research note published yesterday, the analysts state that the change in outlook indicates continuing sequential improvement in...

Moody’s Upgrades Asbury Automotive Inc (NYSE: ABG) from B2 to B1

New York, August 22 (FinanceEnquiry.com) – Analysts at Moody’s Investors Service upgrade the corporate family rating of Asbury Automotive Inc (NYSE: ABG) from B2 to B1. The outlook on the ratings has been positive. In a research note published yesterday, the analysts state that the upgrade indicates...