Wednesday, April 1, 2009

Macy's, Meet Junk

Moody's is back to its wicked stop-cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365-stupid-rally ways by junking Macy's. Moody's cut cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 retailer's unsecured debt rating from Baa3 to Ba2.
"The downgrade reflects cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 sharp deterioration in Macy's credit metrics to levels that are more appropriate for a mid Ba rating" stated Maggie Taylor, Vice President & Senior Credit Officer. "The downgrade also reflects Moody's expectation that Macy's operating performance will continue to be pressured given cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 current challenging consumer spending environment." Given this, Moody's expects Macy's credit metrics will deteriorate furcá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r over cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 next twelve months to levels that will be weak even for cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 new Ba2 rating."
Brave investors everywhere disagree with Moody's assessment, and are lapping up every share of M stock cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365y can get cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365ir greedy little hands on. Credit deterioration, pension underfunding, declining cash, dividend cuts, dropping earnings: those are for pussies - bring on cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 paaaaain. It is amazing what a 0.5% beat on ocá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365rwise record low ISM readings, togecá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r with a few extra cars sold by a soon to be bankrupt company can do to investor sentiment. Sphere: Related Content
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4 comments:

Anonymous said...

Fight Club's Tyler Durden: "Man, I see in fight club cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 strongest and smartest men who've ever lived. I see all this potential, and I see squandering. God damn it, an entire generation pumping gas, waiting tables; slaves with white collars. Advertising has us chasing cars and clocá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365s, working jobs we hate so we can buy shit we don't need. We're cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War's a spiritual war... our Great Depression is our lives. We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars. But we won't. And we're slowly learning that fact. And we're very, very pissed off."

Anonymous said...

Speaking of smashing, I'm going to assume that an out-of-court bankruptcy would qualify as a credit event. Are we going to see anocá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r multi-billion dollar bailout on GM/Chrysler CDSs?

vachon

Anonymous said...

Are you going to post every insignificant bankrupcy that scrolls across your Bloomberg screen??

Desperate for web content or 'Sounding Call for cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Jews' to consolidate cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365ir shekels?

Yea, god bless cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 US of Jew.

Anonymous said...

WTF is this random anti-semitic comment? Dude get a fukking life.