Latest in Brussels Downgrades
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Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - 7 hours ago -
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France pushes Brussels to delay fines on carmakers
Emissions rules coming into force could lead to billions in penalties being imposed on weak auto industryWorld - Financial Times - November 4 -
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Brussels to free up billions of euros for defence and security from EU budget
Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victoryBusiness - Financial Times - 3 days ago -
This AI stock just got downgraded after a 130% rally for the year
Coherent’s transceivers have proved useful for data-center connectivity, but a Rosenblatt analyst sees several factors that could stall the stock’s run.Business - MarketWatch - October 22 -
Dog dies on Alaska Air flight after downgrade to coach, lawsuit alleges
Pet owner claims his French bulldog died as a direct result of the airline moving him from first class to coach just before takeoff.Top stories - CBS News - October 24 -
Boeing’s record $21bn fundraising boosts hopes of avoiding downgrade
Aircraft maker is racing to ease pressure on its balance sheet exacerbated by a labour strikeBusiness - Financial Times - October 29 -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
S&P downgrades Thames Water debt further into ‘junk’ territory
Decision comes after troubled UK utility reached tentative deal on £3bn of emergency financingBusiness - Financial Times - October 29 -
Southern Water at risk of debt default in event of further credit downgrades
Bond issue documentation shows UK utility under pressure over high financing costsBusiness - Financial Times - November 5 -
S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 18