Moody's Ratings removes Cabrillo USD, CA's negative outlook; affirms A...

Moody's Ratings (Moody's) has removed Cabrillo Unified School District, CA's negative outlook and assigned Aa3 ratings to Cabrillo Unified School District, CA's $24 million General Obligation Bonds, Election of 2018, Series C and $18 million 2024 General Obligation Refunding Bonds. Concurrently, Moo...

Moody's Ratings assigns definitive ratings to Verizon Master Trust, Se...

Moody's Ratings (Moody's) has assigned definitive ratings to the notes issued by Verizon Master Trust (VZMT 2024-3), the third device payment plan agreement securitization of the year from the Verizon Master Trust. The notes are backed by a revolving pool of device payment plans that are consumer an...

Updates on the Economy and Portfolio Companies

City of Clive, IA: Update to credit analysis

Our credit view of Clive, IA is a result of a growing economy, solid financial operations, and moderate leverage that is expected to increase.

Solon Community School District, IA: Update to credit analysis

Our view of this credit reflects its strong reserves that are expected to decrease and strong resident incomes.

Summit Public Schools Obligated Group, CA: Update following revision o...

Our credit view reflecting steps taken by the Obligated Group to reduce operating pressures through the closure of a heavily subsidized high school which was draining financial resources.

Fort Hays State University, KS: Update to credit analysis following ou...

Our credit view of this issuer reflects its operating performance above 13% aiding growth in cash and investments, offset by its enrollment volatility in the future.

Moody's Ratings assigns Aa2 to Florida Department of Transportation's ...

Moody's Ratings (Moody's) has assigned a Aa2 rating to the Florida Department of Transportation's (FDOT) $253.8 million Turnpike Revenue Bonds, Series 2024B. The turnpike has $3.1 billion of debt outstanding rated Aa2 by Moody's. The outlook is stable. RATINGS RATIONALE The Aa2 rating reflects t...

Tesla's Won't Fix It's Worst Problems With Elon Musk In Charge

• Plunging sales & growing losses, severe price cuts & layoffs, failed FSD, M2 dropped for Robotaxi, and more, confirm that Elon Musk won't fix Tesla's most serious problems—which he created. • Yet he still demands his "unfathomable" pay package be restored, and his feckless, captured Tesla Board is doing exactly what he wants. • What Tesla’s Board should do, what it should have done years ago, is fire Elon Musk, the single greatest risk to Tesla’s future.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Nesco Holdings II, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 12 April 2024 in which Moody's reassessed the appropriateness of the ratings in the ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of InRetail Shopping Malls and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 12 April 2024 in which Moody's reassessed the appropriateness of the ratings in the ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Belize and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context of the re...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of New Terminal Financing Company Pty Limited and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 April 2024 in which Moody's reassessed the appropriateness of ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of California Holding III Limited (Calderys) and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 April 2024 in which Moody's reassessed the appropriateness of t...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Automate Intermediate Holdings II S.à.r.l. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 April 2024 in which Moody's reassessed the appropriateness of ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Brisbane Airport Corporation Pty Limited and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 April 2024 in which Moody's reassessed the appropriateness of th...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Perth Airport Pty Ltd and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 April 2024 in which Moody's reassessed the appropriateness of the ratings in the co...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Sydney Airport Finance Company Pty Ltd and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 April 2024 in which Moody's reassessed the appropriateness of the ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of J.B. Poindexter & Co., Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 April 2024 in which Moody's reassessed the appropriateness of the ratings in ...