• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Standard & Poor's Global Fallen Angels: Potential Rises Aug 02 Product Image

Standard & Poor's Global Fallen Angels: Potential Rises Aug 02

  • Published: August 2002
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • AAR Corp.
  • Bausch & Lomb Inc.
  • Ferro Corp.
  • Hilton Hotels Corp.
  • Meritor Inc.
  • RRI Energy Inc.
  • MORE

Abstract
NEW YORK (Standard & Poor's) Aug. 13, 2002-According to a new Standard & Poor's report, "fallen angels"issuers whose credit ratings fall to double-'B'-plus and below from triple-'B'-minus and above, moving into the speculative-grade rating category from the investment-grade rating categoryare flourishing under the "soft" economic recovery and questionable accounting practices. Globally, the annualized 2002 number of fallen angelscurrently at 50will rival the 57 of 2001, possibly continuing the six-year trend of increasing fallen angels. In terms of dollar volume globally, 2002 with more than US$122 billion affected, has already exceeded 2001's volume. The U.S. has contributed 30 fallen angels this year, affecting US$95.5 billion. In the near term, the potential number of fallen angels globally could remain high with outlooks...

Action: S&P Event

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors READ MORE >

- Group Health Cooperative
- American Greetings Corp.
- Bausch & Lomb Inc.
- Cummins Inc.
- PerkinElmer Inc.
- Ferro Corp.
- Georgia-Pacific LLC
- Hilton Hotels Corp.
- Interstate Bakeries Corp.
- Komatsu Ltd.
- J.C. Penney Co. Inc.
- Freeport-McMoRan Corp
- Potlatch Corp.
- Southwest Gas Corp.
- The Williams Cos. Inc.
- Zale Corp.
- Victor Co. of Japan Ltd. (JVC Corp.)
- Winn-Dixie Stores Inc.
- Trinity Industries Inc.
- ARAMARK Corp. (Old)
- Puget Energy Inc.
- Belo Corp.
- AAR Corp.
- Best Buy Co. Inc.
- Toshiba Corp.
- Vivendi S.A.
- Thomas & Betts Corp.
- MGM Resorts International
- Markel Corp.
- British Airways PLC
- Four Seasons Hotels Inc.
- Banco Latinoamericano de Comercio Exterior S.A.
- MCI Inc.
- NOVA Chemicals Corp.
- Provident Financial Group, Inc
- Quintiles Transnational Corp.
- Anixter International Inc.
- Glanbia PLC
- Qwest Communications International Inc.
- Tenet Insurance Company Ltd.
- BEST RE
- Hrvatska Elektroprivreda d.d.
- Clear Channel Communications Inc.
- Big Lots Inc.
- Hearst Television Inc.
- Kerry Properties Ltd.
- Abitibi-Consolidated Inc.
- Smithfield Foods Inc.
- Tyco International Ltd.
- Tommy Hilfiger U.S.A. Inc.
- Grupo KUO S.A.B. de C.V.
- Starwood Hotels & Resorts Worldwide Inc.
- Caesars Entertainment Inc.
- Ingredion Inc.
- Chemtura Corp.
- Dyckerhoff AG
- Athlon Holding N.V.
- Agilent Technologies Inc.
- Limestone Electron Trust
- Payless Inc.
- Meritor Inc.
- PolyOne Corp.
- Union Insurance Co. Ltd.
- Flowers Foods Inc.
- RRI Energy Inc.
- GlobalFoundries Singapore Pte. Ltd.
- Airborne Inc.
- Amdocs Ltd.
- White Mountains Insurance Group Ltd.
- AltaGas Ltd.
- Annuity & Life Re (Holdings) Ltd.
- American Steamship Owners Mutual P&I Assoc. Inc.
- PMA Capital Corp.
- Nisshin Fire & Marine Insurance Co. Ltd.

Note: Product cover images may vary from those shown

RELATED PRODUCTS