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Showing 11 - 20 of 21 results for "CCC"

Financial markets give the budget a big yawn

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2013
... 3-year lows at last night's auction and...wait for it, Fitch upgrading (yes, upgrade) Greece's sovereign debt rating to B- from CCC. But back to the budget and financial markets. Australian bonds didn't show much care either. Ten-year Australian bonds ...

Three more days of guessing

BENJAMIN ONG  |  THURSDAY, 14 JUN 2012
... their ratings before Spain asked for the 100 bil hangman's rope. Egan Jones cut to the chase and downgraded Spain from B to CCC+ (junk). Hello vicious circle. Another five weeks of uncertainty would certainly suck Italy into this vicious vortex and perhaps ...

Bulls run

BENJAMIN ONG  |  FRIDAY, 18 MAY 2012
... than two months after Fitch issued the upgrade, Standard & Poor's did the same. It upgraded Greece from selective default to CCC. Sure it's still junk, it still smells but S&P also gave it a "stable outlook". Stable my butt. S&P announced its more positive ...

Mexican standoff

BENJAMIN ONG  |  THURSDAY, 3 MAY 2012

Market Wrap - Morning

AAP  |  THURSDAY, 23 FEB 2012
... Fitch said it now considered a Greek debt default was "highly likely in the near term" as it cut the country's rock-bottom CCC rating to C, just one notch above the lowest at D. A draft Greek law - part of the rescue implementation program - separately ...

The seventh week

BENJAMIN ONG  |  TUESDAY, 14 JUN 2011
... news last night, financial markets latched onto another slashing by Standard & Poor's of Greece's debt rating - from B to CCC. Like I said in previous commentaries, enough with the "death by a thousand cuts." Just give it a D already - it'll eventually ...

UK instos back climate change fundie

... Change Capital Group. The USS together with Alliance Trust, SNS REAAL N.V., and Mitsui & Co, are investing $115 million into CCC. Additionally, the four are committing $41 million into a new fund of funds. These four investors will own over 50 per cent ...

Perennial appoints ex-VFMC numbers man

Perennial Investment Partners has snapped up the former financial controller of the Victorian Funds Management Corporation (VFMC), Niall Keane, for a similar role within the firm. As the new financial controller, part of Keane's brief is to handle the ...

Suncorp hands HFA $88.7m mandate

... Diversified Investments Fund (hedged) as ACA, as of November 2005. The group's International Shares Fund (hedged) is rated as a CCC fund. HFA also run a Conservative Investments Fund (hedged) that Rainmaker rated as DAD and an Equities Fund that is BBB ...

ASIC gives investors chance to return Child Care shares

The Australian Securities and Investments Commission (ASIC) has said that it will provide relief to Child Care Centres Australia Limited (CCCA) to enable the embattled company to refund money to investors who wish to return their shares in the company. ...