The downgrade reflects valuation concerns rather than any deterioration in fundamentals. Jefferies said demand remains healthy, aided by the recent surge in country music popularity, and highlighted ...

Truist also flagged a “tax overhang of $4.6B” due to a dispute with the IRS. Lockheed has taken a $100 million P&L accrual ...

Investing.com -- Fitch Ratings has downgraded Globe Trade Centre S.A. (GTC) to ’B’ from ’BB’ while maintaining a Rating Watch Negative, citing heightened refinancing risk for the company’s debt.

Investing.com -- Graphjet Technology (NASDAQ:GRPT) stock rose 3% after the company hosted a delegation from a major Japanese trading company to discuss supplying sustainable graphite materials to ...