|Bid||0.00 x 0|
|Ask||14.00 x 0|
|Day's Range||14.70 - 14.70|
|52 Week Range||9.91 - 14.70|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Rating Action: Moody's affirms five and downgrades two classes of UBSC 2011-C1Global Credit Research - 23 Feb 2022Approximately $100 million of structured securities affectedNew York, February 23, 2022 -- Moody's Investors Service, ("Moody's") has affirmed the ratings on five classes and downgraded the ratings on two classes in UBS-Citigroup Commercial Mortgage Trust 2011-C1 ("UBSC 2011-C1"), Commercial Mortgage Pass-Through Certificates, Series 2011-C1 as follows:Cl. B, Downgraded to Ba1 (sf); previously on Dec 13, 2021 Downgraded to Baa1 (sf) and Placed Under Review for Possible DowngradeCl. D, Affirmed Caa3 (sf); previously on Dec 13, 2021 Downgraded to Caa3 (sf)Cl. E, Affirmed C (sf); previously on Dec 13, 2021 Downgraded to C (sf)Cl. F, Affirmed C (sf); previously on Dec 13, 2021 Affirmed C (sf)Cl. G, Affirmed C (sf); previously on Dec 13, 2021 Affirmed C (sf)Cl. X-B*, Affirmed Ca (sf); previously on Dec 13, 2021 Downgraded to Ca (sf)* Reflects Interest Only ClassesRATINGS RATIONALEThe rating on Cl. B was downgraded due to increased risk of losses and interest shortfalls driven primarily by the significant exposure to loans in special servicing.
While still far below the all-time highs, Macy's, Inc. (NYSE: M) has rallied significantly from the 2020 lows. Yet, despite the improving fundamentals and reinstated dividend, the stock remains trading in a single-digit price-to-earnings (P/E) ratio.
Yahoo Finance's Jared Blikre examines the market action around the Dow and the S&P, in addition to looking at the retail sector and the EV space.