Rowan Announces Cash Tender Offers
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/2/2026
- Nasdaq, S&P 500 decline with tech; investors assess softer jobs data
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
- Analysis-Excommunications show a Pope Leo unafraid of making firm decisions
- Whirlpool to close Mexico plant, expects $165M restructuring cost
- Meta Platforms stock surges 8% on cloud business plans
- Canaccord Starts Infleqtion, Inc (INFQ) at Buy
- Wall Street ends choppy session lower as tech shares drop
S&P Downgrades Rowan Cos. (RDC) to 'B+'; Outlook is Stable
December 5, 2016 2:08 PM ESTS&P Global Ratings lowered its corporate credit rating on Rowan Cos. Inc. (NYSE: RDC) to 'B+' from 'BB'. The outlook is stable.
At the same time, we lowered our issue-level rating on the company's senior unsecured debt to 'B+' from 'BB'. The recovery rating on this debt is '4', reflecting our expectation of meaningful (30% to 50%, upper half of the range) recovery to creditors in the event of... More
