|Bid||29.89 x 0|
|Ask||29.93 x 0|
|Day's Range||29.74 - 29.94|
|52 Week Range||22.52 - 29.94|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||15.35|
|Earnings Date||Nov 8, 2019|
|Forward Dividend & Yield||1.82 (6.24%)|
|1y Target Est||28.81|
If you want to know who really controls National Australia Bank Limited (ASX:NAB), then you'll have to look at the...
Moody's Investors Service ("Moody's") has assigned ratings to United Airlines, Inc.'s Pass Through Certificates, Series 2019-2 that the company announced earlier today: $702.146 million Class AA with a legal final maturity of November 1, 2033 at Aa3, $286.718 million Class A with a legal final maturity of November 1, 2029 at A2, and $232.381 million Class B with a legal final maturity of November 1, 2029 at Baa2 (together, "the Certificates"). The Ba2 Corporate Family Rating ("CFR") and stable outlook assigned to United Airlines Holdings, Inc., parent of United Airlines, Inc. (together "United" or "the company"), are unaffected by today's rating assignments.
Moody's Investors Service has assigned provisional ratings to the notes to be issued by Perpetual Corporate Trust Limited, as trustee of NOW Trust 2019-1. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. The transaction is a cash securitisation of a portfolio of Australian unsecured and secured personal loans originated by Wingate Consumer Finance Pty Ltd (WCF, unrated).
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of National Australia Bank Limited and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
(Bloomberg Opinion) -- If you want an unequivocal example of how Brexit has hurt the British taxpayer, look at Royal Bank of Scotland Group Plc.Since its record-breaking bail-out in the financial crisis, the Scottish lender has struggled to get back on its feet. It tried shrinking its trading businesses, shedding assets and eliminating costs – only to be stymied by a string of expensive legal settlements over past misdeeds, from benchmark-rigging to the marketing of toxic mortgage-backed securities.Its path to recovery has now become more tortuous as the uncertainty over Britain’s departure from the European Union weigh on the economy. If taxpayers were hoping to recover some of the tens of billions of pounds they sunk into RBS in its unprecedented crisis-era rescue, Brexit is making that goal significantly harder to reach.On Friday, RBS admitted that a squeeze on margins and a slowing domestic economy mean it will be unlikely to post a return on equity of more than 12% in 2020 or be able to reduce its cost-income ratio to below 50%. Those targets were downgraded to medium-term goals, to be met in an unspecified timeframe.The stock, down 18% since the vote to leave in June 2016, was the biggest faller among European bank stocks on Friday, sliding to as low as 202.7 pence. That’s just roughly half the price the government paid for its shares.It’s not just Brexit that’s the problem: Trade tensions, low interest rates, and fierce competition in the U.K. mortgage market aren’t helping. Nor is the risk that RBS risks being broken up in the event that Jeremy Corbyn’s Labour party takes power.“It’s a particularly tricky time for U.K. companies and especially banks,” Chairman Howard Davies said. Hurting the U.K. lender most has been the investment climate because it's become very difficult for large customers to commit to spending, he added.Asked about the outlook for the U.K. economy, Davies pointed to the Bank of England, which yesterday lowered its growth forecast for this year on the back of slower exports and weak business investment.Meantime, RBS also saw an uptick in impairments, which were higher than what some analysts were expecting, as the firm identified signs of strain among some single borrowers. Rising credit stress, albeit from a historically low base, is another indication of the tougher outlook.There is one small consolation for the U.K. taxpayer. While RBS’s common equity Tier 1 ratio fell to a lower-than-expected 16%, is it still well above the bank’s target of 14%, giving it room to keep returning capital to shareholders. The bank said on Friday it will pay a special dividend.Wherever the Brexit discussions head next, RBS looks to be stuck in an uncomfortable purgatory. At least Chief Executive Officer Ross McEwan, soon to depart for National Australia Bank Ltd., has an escape route. British taxpayers don’t enjoy the same luxury.To contact the author of this story: Elisa Martinuzzi at email@example.comTo contact the editor responsible for this story: Edward Evans at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Elisa Martinuzzi is a Bloomberg Opinion columnist covering finance. She is a former managing editor for European finance at Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Moody's Investors Service ("Moody's") has assigned ratings to American Airlines Inc.'s Pass Through Certificates, Series 2019-1 that the company announced earlier today: $578.712 million Class AA with a legal final maturity date of August 15, 2033 at Aa3, $289.358 million Class A with a legal final maturity date of August 15, 2033 at A2 and $228.438 million Class B with a legal final maturity date of August 15, 2029 at Baa3 (together, "the Certificates"). The Corporate Family Rating ("CFR") of American Airlines Group Inc., parent of American Airlines, Inc. (together "American") is Ba3 and is unaffected by this rating action.
Moody's Investors Service ("Moody's") has assigned ratings to British Airways, Plc's new Pass Through Certificates (EETCs), Series 2019-1 to be issued by British Airways Pass Through Trust 2019-1AA and British Airways Pass Through Trust 2019-1A, respectively: $542.971 million Class AA at Aa2 with scheduled final payment date of December 15, 2032 and legal final maturity date of June 15, 2034 and approximately $263.908 million Class A at A3, with scheduled final payment date of June 15, 2029 and legal final maturity of December 15, 2030 (together, the "Certificates"). The Baa3 Long-Term Issuer Rating for British Airways and the positive outlook are unaffected by this rating action.
Moody's Investors Service has assigned definitive ratings to notes issued by Perpetual Corporate Trust Limited, as trustee of Metro Finance 2019-1 Trust. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS.
Is National Australia Bank Limited (ASX:NAB) a good dividend stock? How can we tell? Dividend paying companies with...
Moody's Investors Service has assigned the following definitive rating to the bonds issued by Perpetual Limited (the Trustee) in its capacity as trustee of the SMHL Series Securitisation Fund 2019-1 (the Trust). "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. The transaction is a securitisation of first-ranking mortgage loans secured over residential properties located in Australia.
Moody's Investors Service has assigned provisional ratings to notes to be issued by Perpetual Corporate Trust Limited, as trustee of Metro Finance 2019-1 Trust. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS.
Australia's central bank cut rates to a record low on Tuesday and signalled willingness to go further as a worsening Sino-U.S. trade war raises recession risks for the world economy, pushing policymakers into what could be a global monetary easing cycle. RBA Governor Philip Lowe said the rate cut was designed to support employment growth and lift inflation, which has consistently undershot its 2%-to-3% medium-term target. "It is possible that the current policy settings will be enough – that we just need to be patient.