Analyst Research

Report Title Price
Provider: Finlabo SIM Spa
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Thomson Reuters StreetEvents

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Moody’s Downgrades Banco Popolare Sc's Long-Term, Short-Term and BFSR Ratings

Monday, 8 Jul 2013 03:50pm EDT 

Banco Popolare Sc announced that on July 8, 2013 the rating agency Moody’s has decided to downgrade Banco Popolare’s long-term rating from Baa3 to Ba3 with a negative outlook, its short-term rating from P-3 to NP (Not Prime) and its BFSR (Bank Financial Strength Rating) from D+ to E+. To this respect, Banco Popolare announced to have formally disputed the decision, which according to Banco Popolare is deemed manifestly arbitrary and based on wrong and contradictory factual assumptions. Banco Popolare also noted that the decision made by Moody’s is in contrast with the ratings that have been even recently assigned by other rating agencies (in the Full Rating Report issued by Fitch on July 1, 2013, a long-term rating of BBB is indicated for Banco Popolare). 

Company Quote

0.23 +2.32%
23 Dec 2014