Windstream was downgraded to hold from buy at TheStreet Ratings on Wednesday. TheStreet Ratings gives Windstream a C grade. The stock closed Friday at $11.28 and has fallen 392% year to date.
Regional lenders like Bank of Oklahoma and Comerica have more to lose from souring energy loans than their nationwide rivals, says ratings firm Moody's. It's partly a matter of location.
Moody’s has placed the credit ratings of four regional banking companies on review for downgrade, based their portfolio of energy loans, which are under pressure due to low oil prices.
Associated Banc, Boston Private, Capital Federal, National Penn, PacWest Banc, Signature Bank and Umpqua Holdings are on a shopping list.
TAC ASBC ITC are going ex-dividend tomorrow, Wednesday, November 26, 2014