Junk rating

The Boeing Company‘s (NYSE:BA) credit rating may be lowered to junk as a strike stands to cripple production and cash flow. Aircraft assembly workers walked off the job early Friday morning after rejecting a contract offer presented by Boeing and the International Association of Machinists...

S&P Global reportedly downgraded the credit ratings of First Republic Bank (NYSE:FRC) deeper into junk status on Sunday and said the recent $30 billion deposit infusion from 11 big banks may not solve its liquidity issues. What Happened: S&P trimmed First Republic’s credit rating...