Royal Caribbean Joining S&P 500
Above: a Royal Caribbean ship By the Caribbean Journal staff Royal Caribbean Cruises, Ltd is joining the S&P 500 large-cap equity index. The company, the second-largest cruise operator in the world, will be replacing Bemis Company in the grouping, while […]
S&P Affirms Montserrat Credit Rating; Outlook Remains "Stable"
By the Caribbean Journal staff Standard & Poor’s this week affirmed Montserrat’s “BBB-/A-3” sovereign issuer credit rating, while also affirming its “BBB-” transfer and convertibility assessment. Monterrat’s outlook remains “stable,” according to the ratings firm. The rating reflected “the UK’s […]
S&P Lowers Bahamas' Outlook to Negative, Points to Weakening Fiscal Profile
Above: downtown Nassau (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has revised the outlook on its long-term rating on the Bahamas to negative from stable, the ratings firm announced Monday. The revision reflected the firm’s view that […]
S&P: Grenada's Outlook Stable, Economy Recovering "Modestly"
Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s economic outlook remains “stable,” according to ratings firm Standard & Poor’s, which affirmed its “B-” long-term foreign and local currency ratings on the country Tuesday. S&P also raised its short-term […]