Form 8-K Och-Ziff Capital Managem For: Nov 02
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/25/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Akamai signs $11.6B deal with Anthropic, up to $20B potential
- Bloom Energy falls as Oracle invokes force majeure on AI project
- Oracle triggers force majeure on massive 'Project Jupiter' data center
- Oracle Sends Force Majeure Notice Over New Mexico Data Center - Bloomberg
Fitch Cuts Och-Ziff Capital Management (OZM) Ratings to Junk
November 3, 2016 2:29 PM EDTFitch Ratings has downgraded the Long-term Issuer Default Ratings (IDRs) of Och-Ziff Capital Management Group LLC and its related entities (NYSE: OZM) to 'BB+' from 'BBB-'following the company's release of its 3Q16 earnings and asset flow information yesterday. The ratings remain on Rating Watch Negative. A full list of rating follows at the end of this release.
KEY RATING DRIVERS
IDR AND SENIOR UNSECURED DEBT
The downgrades reflect Fitch's expectation of significantly lower future earnings generation capacity following the announced management fee concessions that OZM has agreed to beginning in... More
