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  • 15 Dec 2017
    • Stable US retail outlook in 2018 reflects higher operating income and sales
      Five of 14 retail sub-sectors will see operating income growth above 5%, led by online retailers, home improvement and dollar stores. Discounters/warehouses, department stores, office supply, apparel & footwear, auto retailers and drug stores will be a drag on broader industry performance. Despite select weakness, gains in consumer confidence and the overall improved economic environment will support broader industry.  Full Report
    • Efforts to sustain shareholder payouts point to possible downgrades for US packaged food companies
      The benefits of restructuring programs will be less significant in 2018 than in 2017, and as they wind down, growing shareholder payouts will exceed internally generated cash, and so will need to be funded with debt.   Full Report
  • 14 Dec 2017
    • 2018 outlook for US telecom sector is negative
      Industry EBITDA less capex has turned negative on a sustained basis, as price competition among wireless companies intensifies and the decline of wireline further accelerates.Press Release
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  • Moody’s Credit Assessment™ is provided by Moody’s Credit Assessment, Inc. Moody’s Credit Assessment™ is not a Moody’s Investors Service credit rating and is solely based on publicly available information.