While the chain hasn't released a list of the stores it plans to close, a report by the Morningstar Credit Ratings agency
identifies 39 stores that it says are most at risk of closing because they have weaker per square-foot sales than the average JCPenney outlet.
UNCERTAINTY surrounding the future of the UK economy outside the European Union will trigger a slowdown in business investment and consumer spending, according to credit ratings agency
Credit ratings agency
Standard & Poor's cut Bulgariaas sovereign credit ratingto BB+ from BBB- with a stable outlook.
In a statement the credit ratings agency
said that "We believe that.
The company has obtained a credit ratings agency
licence from the Capital Markets Authority in Rwanda to pave the way for it to start operations.
Pitching itself as a new international credit ratings agency
, ARC hopes also to take clients from Standard & Poor's (S&P), which along with Fitch and Moody's, faced heavy criticism following the financial crisis.
This marks the first time in history that our nation has been granted investment grade status by a major credit ratings agency
," Aquino said in a statement.
More specifically, on the thorny question of limiting the participation of shareholders in different credit ratings agencies (limitation of cross-shareholding), the Council and Parliament have agreed on the following measure: an investor who holds a share of at least 5% in a credit ratings agency
will not be authorised to hold shares of 5% or more in anotherratings agency.
International credit ratings agency
Standard & Poor's downgraded The Bahamas' sovereign credit rating for the second time in two years, reports The Nassau Guardian (Nov.
Summary: Credit ratings agency
Moody's downgraded six Dubai-based companiesC*
Launching itself as a new international credit ratings agency
, ARC is hoping to rival and take clients from Fitch and Moody's and Standard & Poor's (S&P), which faced heavy criticism after the financial crisis.
One credit ratings agency
, Fitch, warned that Britain's rating was at risk, saying it expected debt by 2015 to be "approaching the upper limit of the level consistent with the UK retaining its AAA status".