Fitch Downgrades Spirit

Fitch Downgrades Spirit Airlines’ Credit Rating

Spirit Airlines is working on alternatives to improve its liquidity.

Business - Inc. - 6 hours ago

Brussels downgrades Eurozone growth forecast to 1.3%

Germany’s economic struggles weigh down on region as US continues to outpace Europe

Business - Financial Times - Yesterday

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.

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 strike

Business - 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 financing

Business - 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 costs

Business - Financial Times - November 5

Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt

Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”

World - ABC News - Yesterday

'Sex events' and NDAs: The federal charges against former Abercrombie CEO Mike Jeffries

Mike Jeffries, the former CEO of Abercrombie & Fitch, has been arrested on sex trafficking and interstate prostitution charges, prosecutors announced Tuesday.

Former Abercrombie & Fitch CEO arrested on sex trafficking charges

Former Abercrombie & Fitch CEO Mike Jeffries was arrested on sex trafficking and prostitution charges, according to two senior law enforcement officials. Matthew Smith, Jeffries’ partner, and ...

Politics - The Hill - October 22

Former Abercrombie & Fitch CEO arrested on sex trafficking charges

The investigation involved whether the men sexually exploited and abused young men at parties they hosted in the U.S. and around the world, the sources said.

Former Abercrombie & Fitch CEO Mike Jeffries charged with sex trafficking

US indictment alleges former executive often recruited male models with the promise of appearing in the retailer’s ads

Business - Financial Times - October 22

Disturbing allegations against former Abercrombie & Fitch CEO Mike Jeffries

Former Abercrombie & Fitch CEO Mike Jeffries and co-defendants Matthew Smith and James Jacobson have been charged with several federal sex crimes. CBS News' Cristian Benavides reports on the ...

Former Abercrombie & Fitch CEO arrested on sex trafficking charges

The former CEO of Abercrombie & Fitch, Mike Jeffries, has been arrested on sex trafficking and interstate prostitution charges. NBC News' Marissa Parra reports on the arrest.

Former Abercrombie & Fitch CEO accused of sex trafficking and interstate prostitution

A federal indictment accuses former Abercrombie & Fitch CEO Mike Jeffries of sex trafficking and interstate prostitution. The indictment says Jeffries, along with an employee and his romantic ...

Former Abercrombie & Fitch CEO arrested on sex trafficking charges

Former Abercrombie & Fitch CEO Mike Jeffries has been arrested in Florida on charges of sex trafficking and prostitution, involving more than two dozen people. Prosecutors allege Jeffries and two ...

Frontier, Spirit Airlines Revive Merger Talks

The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.

Business - The Wall Street Journal - October 23

Halloween costume chain Spirit bet on the pop-up model and won

Spirit Halloween's success as a seasonal pop-up retailer is leading it to make a foray into Christmas with 10 temporary stores.

Which state has the most Halloween spirit?

From haunted houses to Spirit Halloween stores and more, how does your state rank in Halloween spirit? Our one-of-a-kind jack-o-lantern scale will tell you!

Spirit Airlines Plane Shot at in Haiti and Forced to Divert

A day after the prime minister of Haiti was fired, the airport in Port-au-Prince was closed because of the attack on the aircraft. A JetBlue plane was also struck.

World - The New York Times - 4 days ago

Spirit Airlines and JetBlue planes struck by gunfire in Haiti

Flights into and out of Port-au-Prince, Haiti, were suspended after a Spirit Airlines plane was struck by gunfire while attempting to land there.

Kingsbury sends Spirit to final with air of 'destiny'

Washington Spirit goalkeeper Aubrey Kingsbury saved all three penalties she faced as the Spirit defeated reigning champion NJ/NY Gotham FC in a 3-0 penalty shootout on Saturday at Audi Field to ...

Sports - ESPN - 1 hour ago

Former Abercrombie & Fitch CEO Mike Jeffries arrested on sex trafficking, interstate prostitution charges

Former Abercrombie & Fitch CEO Mike Jeffries was arrested Tuesday on charges of sex trafficking and engaging in interstate prostitution, prosecutors announced Tuesday.

Former Abercrombie & Fitch CEO Mike Jeffries faces sex trafficking, prostitution-related charges

Mike Jeffries, the former CEO of Abercrombie & Fitch, and two other co-defendants, Matthew Smith and James Jacobson, have been arrested on several federal charges announced Tuesday. Jeffries faces ...

Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement

Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.

Business - CNBC - October 23

Former Abercrombie & Fitch CEO Mike Jeffries pleads not guilty to sex trafficking charges

Former Abercrombie & Fitch CEO Mike Jeffries and an alleged accomplice pleaded not guilty on Friday to sex trafficking and interstate prostitution charges.

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.

Business - CNBC - October 18

Spirit to furlough hundreds as Boeing strike’s effects feed through supply chain

Measure could spread to further staff if strike goes on beyond November

Business - Financial Times - October 18

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues

Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for the supplier said Friday.

Spirit Airlines extends debt refinancing deadline hours before expiration

Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.

Business - CNBC - October 18

Boeing supplier Spirit Aero to furlough employees amid strike

Spirit AeroSystems announced plans to furlough 700 workers for 21 days Friday due to the ongoing Boeing employee strike. The company’s hourly direct, support functions and management employees in ...

Politics - The Hill - October 18

US consumers cut back on spirits as cost of living pressures bite

Drinkers who splashed out during pandemic pull back from vodka, rum and Scotch whisky

Business - Financial Times - October 22

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