• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Strata-gee
  • Contact Us
  • Free Newsletter
  • Sponsor Strata-gee
  • Privacy Policy

Strata-gee.com

Strategy in TECH...

Crestron Horizon Thermostat
AudioControl 70 volt
What Savant Can Do
  • Latest Posts
  • Strategy
  • Technology
  • Products
  • People
  • Financial
  • Legal
  • Economic Data
You are here: Home / Archives for Standard & Poors

Standard & Poors

Of Gibson, S&P Says: ‘Default is Imminent’

February 23, 2018 by Ted Leave a Comment

Logo for Gibson BrandsS&P Global Ratings, part of top credit rating agency Standard and Poor’s, this week lowered their rating of Gibson Brands, Inc. to “CCC-” – down one step from the already low rating of “CCC.” Their outlook on Gibson? “Negative.” A rating of CCC- means that “default is imminent.”

See more on this latest torpedo to hit the good ship Gibson… [Read more…] about Of Gibson, S&P Says: ‘Default is Imminent’

Filed Under: Financial, Manufacturers Tagged With: credit rating, Gibson, Gibson Brands, Gibson Guitar, Henry Juszkiewicz, Standard & Poors

Sharp, Struggling to Survive, Provides Banks with a New Plan; Ratchets Up Painful Cuts

September 27, 2012 by Ted Leave a Comment

Photo of Sharp booth at CESSharp Corp., once a high flying superstar of Japanese manufacturing might, finds itself engaged in a multi-front battle for survival as it seeks to replenish its depleted capital reserves. Recently, the company had announced that it was negotiating a partnership deal that included the sale of factories and a capital investment from Taiwan’s Hon Hai Precision Industry Co. But these talks stalled when Sharp’s share price dropped to a value less than half the agreed-upon level.

Now, in a series of announcements, the company has submitted a new plan seeking the support of its banks by “upping the ante” in its restructuring plans, more than doubling staff cuts, selling off company assets, and offering several Sharp-owned properties as collateral – including its headquarters facility.

Sharp’s new plan cuts deeper and will be more painful…but is it enough?… [Read more…] about Sharp, Struggling to Survive, Provides Banks with a New Plan; Ratchets Up Painful Cuts

Filed Under: Asian Connection, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Bloomberg, Fukuoka, Hon Hai Precision Industry Co., Japan, junk, Kyodo News, Mitsubishi UFJ Financial Group Inc., Mizuho financial Group Inc., Moody's Investor Service, Nagoya, Nikkei, Nippon Life Insurance Co., Recurrent Energy LLC, Resona Holdings Inc., Sapporo, Sharp, Standard & Poors, Taiwan, Terry Gou

S&P Cuts Panasonic’s Long-Term Debt Rating…Again

February 23, 2012 by tjgreen82 Leave a Comment

Panasonic Logo<February 22, 2012> Standard & Poors, the credit rating agency, today cut Panasonic Corp.’s long-term debt rating for the second time in only four months suggesting it continues to expect a rough road ahead for some of Japan’s most prestigious brands, according to a report in the Nikkei. [Read more…] about S&P Cuts Panasonic’s Long-Term Debt Rating…Again

Filed Under: Asian Connection, Brands, Economic Trends, Industry Trends, Manufacturers, News, Strategy Tagged With: credit, downgraded, junk bond rating, Panasonic, S&P, Standard & Poors

S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook

February 9, 2012 by tjgreen82 Leave a Comment

SonyAtCES2-8-12<February 8, 2012> Credit rating agency Standard & Poor’s today cut the long-term debt rating on Sony Corporation to BBB+, just two notches above “junk” status, and further issued a negative outlook which suggests a potential further drop in the future. In a statement, S&P said that “the likelihood of a strong recovery in Sony’s earnings is low.” [Read more…] about S&P Cuts Sony’s Credit Rating to Just Above Junk, Issues Negative Outlook

Filed Under: Asian Connection, Brands, Economic Trends, Industry Trends, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Bloomberg, China, credit, earnings, Fitch Ratings, forecast, junk bond rating, Korea, Moody's Investors Services, Panasonic, ratings, S&P, Sony, Standard & Poors, unprofitable

Primary Sidebar

Search

Latest Posts

Parasound CEO Sheriff Presents His Plan to Dealers; Some Won’t Be Around to Benefit

Last week, in a national online Teams conference with dealers, Parasound CEO … [Read More...] about Parasound CEO Sheriff Presents His Plan to Dealers; Some Won’t Be Around to Benefit

  • New AI-Powered Savant Smart Network Delivers More Than You Dreamt Possible
  • Jury Sides with Sonos, Orders Google to Pay $32.5m for Infringement
  • CEDIA Expo 2023 Registration is Now Open
  • Mobile Fidelity Settles Class Action Lawsuit over Digital Use in Records Marketed as All-Analog
  • Enthusiasm Builds at Inaugural Spring Conference; OASYS has Arrived

Categories

Sponsors

Crestron Horizon Thermostat
AudioControl 70 volt
Sonance
Savant
James Loudspeaker

Footer

Got News?

HEY PR & Marketing Pros: Have NEWS for Strata-gee readers?

Send it to: HotNews@strata-gee.com

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Sponsor Strata-gee

Strata-gee Ads

Archives

Translate

Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

Follow Ted Green

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram

Copyright © 2023 Strata-gee.com · The Stratecon Group, Inc. All Rights Reserved · Log in