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(PRAN)

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  • Investopedia

    Plug Power (PLUG) Consolidates After Neutral Rating

    Plug Power (PLUG) shares moved sharply lower after JPMorgan initiated coverage on the stock at Neutral with a $60 price target.

  • Moody's

    Nissan Motor Co., Ltd. -- Moody's announces completion of a periodic review of ratings of Nissan Motor Co., Ltd.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Nissan Motor Co., Ltd. Tokyo, November 20, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nissan Motor Co., Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Moody's

    FCT Cars Alliance DFP France - Series 2018-1 -- Moody's: No adverse rating impact on FCT Cars Alliance DFP France -- Series 2018-1 following amendments

    Moody's Investors Service ("Moody's") announced today that the proposed amendments by FCT Cars Alliance DFP France -- Series 2018-1 (the "Issuer") as further described below and executed on or around 6 November 2020 (the "Amendments") will not, in and of itself and at this time, result in a reduction, placement on review for possible downgrade or withdrawal of the current rating of the rated notes. The Amendments to the transaction documents include: (i) an increase in the aggregate exposure to receivables backed by secondhand vehicles to customers from 10% to 15%; (ii) the removal of a cap on the exposure to receivables backed by Renault vehicles; (iii) the addition of two more portfolio payment rate (PPR) levels that determine the required subordination, including the reduction of the early amortisation trigger based on PPR to 15% from 25%; (iv) increases in the required subordination for certain PPR levels; (v) flexibility to increase dealer concentrations in the eligible portfolio, accompanied by additional increases in credit enhancement.

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