08 Nov 2019|Moody's Investors Service
Defaults higher than same period last year, led by Oil & Gas and Business Services. Seven corporate issuers defaulted in October, bringing the total so far this year to 72, exceeding the 65 defaults in the same period last year. Three of the October defaults came from the Business Services sector.
US Corporate Default Monitor – Third Quarter 2019: Defaults during the first three quarters of 2019 surpassed the entire 2018 tally
31 Oct 2019|Moody's Investors Service
The number of US corporates that defaulted in the latest three months ending on September 30th declined 31% to 11 from the second quarter, with energy companies once again dominating activity.
23 Oct 2019|Moody's Investors Service
Over the past 20 years, 659 Moody's-rated nonfinancial companies globally have fallen to speculative-grade ratings from investment grade (“fallen angels”). Nearly half of these downgrades occurred during periods of high industry stress. About half of the companies still have speculative-grade ratings, while one-quarter have returned to investment grade.
14 Oct 2019|Moody's Investors Service
We examine how economic recessions and credit cycles since 1983 have affected the rating transitions of global nonfinancial and financial companies.