downgrade

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downgrade

Chiefly US and Canadian a downward slope, esp in a road
References in periodicals archive ?
"Moody's Investors Service has downgraded to B2 (stable outlook), from B1 (rating under review outlook), the long-term local currency deposit ratings of three Kenyan banks: KCB, Equity Bank Kenya, and Co-operative Bank)," said Moody's.It added that the lower rating resulted from the downgrade of the issuer rating of the Kenyan government given earlier this week.
At the same time, Moody's has downgraded to B1 from Ba3 the long-term local currency issuer ratings of Bahrain Islamic Bank B.S.C.
In addition, Moody's also downgraded the global Insurance Financial Strength (IFS) and related debt ratings of South African insurance groups and related entities, with a negative outlook.
Rabobank was downgraded by two notches to Aa2, ING and ABN Amro to A2 and Lease Plan Corporation to Baa2.
Fitch downgraded the long-term issuer default ratings (IDRs) and support rating floors (SRFs) of CGD, BCP and BPI to BB+ from BBB- and the short-term IDRs to B from F3.
Moody's Investors Service has today downgraded the long-term deposit and debt ratings of the island's three main banks over the reduced ability of the government to support the large banking system if necessary.
Standard & Poor's today downgraded Fannie Mae and Freddie Mac to AA+ from AAA+ following its downgrade of the U.S.
has denied that it makes money when users "downgrade" Windows Vista to the older XP, as a lawsuit filed last week alleges.<p>The lawsuit, submitted to a Seattle federal court last Wednesday, stems from the $59.25 fee that a California woman was charged in mid-2008 when she bought a Lenovo laptop and downgraded from Vista to XP.<p>"Microsoft does not charge or receive any additional royalty if a customer exercises those [downgrade] rights," said Microsoft spokesman David Bowermaster in an e-mail late last week.
Icelandic financial group Kaupthing Bank hf (OMX Iceland: KAUP) said on Tuesday (30 September) that the international ratings agency Fitch Ratings has downgraded Kaupthing Bank's credit ratings.
In January NEC downgraded their FY3/2005 forecast by C15 billion to a 26% YoY decline.
MOODY'S INVESTORS SERVICE, NEW YORK, downgraded the ratings of 11 classes and affirmed the ratings of two classes of DLJ Commercial Mortgage Trust 2000-CKP1, commercial mortgage passthrough certificates, series 2000-CKP1.
Inogen (INGN) downgraded to Hold from Buy at Stifel and to Market Perform from Outperform at SVB Leerink.