Corporate Tax Rate Changes Might Result In Company Deleveraging

Since the financial crisis, the total value of debt owed and issued by US corporations has ballooned. Bingeing on low-interest rates, companies have borrowed heavily to finance acquisitions, buybacks, and dividends with few, if any repercussions. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free!… Please follow and like us:

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Report: Credit Rating Agency Downgrades ‘A 21st Century Form Of Redlining’

In the aftermath of the 2008 financial crisis, credit ratings agencies like Moody’s and Standard & Poor’s were criticized for giving bogusly high ratings to the bonds of financial firms that paid them. Now, a new report has accused the agencies of inappropriately downgrading credit ratings in a way that disproportionately harms low-income populations and people… Please follow and like us:

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Fitch downgrades Italy bonds citing populist risk, weak growth

Rome (dpa) – Italy’s creditworthiness has slipped to BBB from BBB+, with a stable outlook, ratings agency Fitch said overnight, citing the country’s public debt, weak growth, banking crisis and messy politics for its decision. The downgrade brings Rome’s government debt bonds just a couple of notches above non-investment, or junk status. The eurozone’s third-largest economy… Please follow and like us:

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