Friday, March 24, 2023
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Moody’s changes Renault’s outlook to “stable” from “negative” By Reuters

by Reuters
November 18, 2022
in Business
Reading Time: 1 min read
A A
0
Home Business
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: Renault logo is displayed at 2022 Paris Auto Show, France October 17, 2022. REUTERS/Stephane Mahe

PARIS (Reuters) – Moody’s (NYSE:) Investors Service said on Friday it changed the outlook on French carmaker Renault (EPA:)’s ratings to stable from negative to reflect prospects of improved profitability from its strategic plan.

“The outlook change to stable reflects Renault’s improved profitability in the first half of 2022, and the expectation of further improvements driven by the execution of the strategic plan Renaulution,” Matthias Heck, a Moody’s vice president senior credit officer and lead analyst for Renault said in a statement.

Moody’s also affirmed the corporate family rating (CFR) of Ba2, citing expectation “Renault’s credit metrics will improve to comfortable levels required for the current rating category in 2023, notwithstanding the increasingly challenging macroeconomic environment and the execution risks linked to the new strategic plan.”



Source link

Tags: MoodysNegativeOutlookRenaultsReutersStable
Previous Post

The Hershey Company: Q3 Earnings Further Validates Our Bullish Assessment (NYSE:HSY)

Next Post

In a Fresh Stand-Off With Aam Aadmi Party, Delhi LG Asks Arvind Kejriwal to Remove Top Official

Related Posts

Finance Bill: How will new Mutual Fund rules impact investors from April 1?

by Euro Times
March 24, 2023
0

The Centre is reportedly introducing an amendment to the mutual fund rules in the...

Commodity Talk: Brent crude may fall to $68 in near term amid supply glut, weak demand

by Euro Times
March 24, 2023
0

Crude prices are in a downtrend and we believe that the US WTI could test $60-$65 levels. As for Brent,...

California ‘price gouging’ bill rushes through state Senate, moves to Assembly

by Euro Times
March 24, 2023
0

JJ Gouin/iStock via Getty Images California moved a step closer Thursday to enacting first-of-its-kind legislation that would penalize oil companies...

Exclusive-N. American fixed income group will not take legal action over Credit Suisse AT1 wipeout -source By Reuters

by Reuters
March 23, 2023
0

© Reuters. FILE PHOTO: A person walks past the Credit Suisse office in Canary Wharf in London, Britain, March 20,...

China and Russia ties are creating divisions within the EU

by Euro Times
March 23, 2023
0

Russian President Vladimir Putin and Chinese President Xi Jinping at the Kremlin in Moscow, Russia, March 21, 2023.Xinhua News Agency...

BRP Inc. 2023 Q4 – Results – Earnings Call Presentation (NASDAQ:DOOO)

by Euro Times
March 23, 2023
0

This article was written byFollowSeeking Alpha's transcripts team is responsible for the development of all of our transcript-related projects. We...

Next Post

In a Fresh Stand-Off With Aam Aadmi Party, Delhi LG Asks Arvind Kejriwal to Remove Top Official

There's still time to get your flu vaccine and COVID-19 booster

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This U.K. team brings hospital care into homes. Could more of these programs help Canada?

March 24, 2023

Quordle today – hints and answers for Friday, March 24 (game #424)

March 24, 2023

Finance Bill: How will new Mutual Fund rules impact investors from April 1?

March 24, 2023

Asia markets lower as investors digest Yellen’s remarks on banks; Japan core inflation slo

March 24, 2023

The BIG Economic Implications of US Bank Failures

March 24, 2023

Netanyahu Reportedly Postpones Visit to London Due to Refusal of Pilots to Fly Plane

March 24, 2023
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

This U.K. team brings hospital care into homes. Could more of these programs help Canada?

Quordle today – hints and answers for Friday, March 24 (game #424)

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In