{"id":386676,"date":"2010-03-03T19:16:34","date_gmt":"2010-03-04T00:16:34","guid":{"rendered":"14848 at http:\/\/www.precentral.net"},"modified":"2010-03-03T19:16:34","modified_gmt":"2010-03-04T00:16:34","slug":"sp-outlook-on-palm-turns-sour","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/386676","title":{"rendered":"S&P outlook on Palm turns sour"},"content":{"rendered":"

\"Standard<\/p>\n

The bad news for Palm keeps piling up, especially if you’re concerned about the whole financials thing. As noted by the Wall Street Journal, Standard & Poor’s Ratings Services has reversed their outlook on Palm<\/a>, flipping from cautiously optimistic to downright negative. S&P’s ratings are a judgment on a corporation’s credit potential, and the occasionally issue outlooks statements on how they think that company may fair in coming months and years.<\/p>\n

S&P’s current judgment of Palm is a CCC+ rating, the top tier of the low highly speculative territory. It was back in October that S&P upgraded Palm to a CCC+ rating<\/a> and issued their positive outlook. But given recent revelations about Palm’s lower than expected sales figures, S&P’s analysts saw fit to retract their positive outlook. The outlook reversal had little effect on Palm’s stock performance for the day – all the damage was dealt earlier in the week.<\/p>\n

Thanks to amateurhack for the tip!<\/em><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The bad news for Palm keeps piling up, especially if you’re concerned about the whole financials thing. As noted by the Wall Street Journal, Standard & Poor’s Ratings Services has reversed their outlook on Palm, flipping from cautiously optimistic to downright negative. S&P’s ratings are a judgment on a corporation’s credit potential, and the occasionally […]<\/p>\n","protected":false},"author":666,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-386676","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/386676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/666"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=386676"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/386676\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=386676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=386676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=386676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}