Outlook On DaimlerChrysler AG Revised To Stable On Expected 3Q Loss Of EUR1.2 Billion - S&P Global Ratings’ Credit Research

Outlook On DaimlerChrysler AG Revised To Stable On Expected 3Q Loss Of EUR1.2 Billion

Outlook On DaimlerChrysler AG Revised To Stable On Expected 3Q Loss Of EUR1.2 Billion - S&P Global Ratings’ Credit Research
Outlook On DaimlerChrysler AG Revised To Stable On Expected 3Q Loss Of EUR1.2 Billion
Published Sep 15, 2006
795 words — Published Sep 15, 2006
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Abstract:

NEW YORK (Standard&Poor's) Sept. 15, 2006--Standard&Poor's Ratings Services today said it has revised its outlook on Germany-based automaker DaimlerChrysler AG and related entities to stable from positive. At the same time, the 'BBB' long-term and 'A-2' short-term corporate credit ratings were affirmed. The outlook revision reflects the unexpected severe decline at Chrysler Group, which is now expected to post an operating loss of €1.2 billion in the third quarter of 2006, a steep deterioration from a previously planned loss of €500 million for the quarter, and now a full-year loss of €1 billion, down from a previously planned break-even result. As a result, DaimlerChrysler revised downward the full-year operating profit guidance on a group level by

  
Brief Excerpt:

RESEARCH Outlook On DaimlerChrysler AG Revised To Stable On Expected 3Q Loss Of EUR1.2 Billion Publication date: 15-Sep-2006 NEW YORK (Standard & Poor's) Sept. 15, 2006--Standard & Poor's Ratings Services today said it has revised its...

  
Report Type:

Ratings Action

Ticker
DAI@GR
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Outlook On DaimlerChrysler AG Revised To Stable On Expected 3Q Loss Of EUR1.2 Billion" Sep 15, 2006. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-DaimlerChrysler-AG-Revised-To-Stable-On-Expected-3Q-Loss-Of-EUR1-2-Billion-532525>
  
APA:
S&P Global Ratings’ Credit Research. (). Outlook On DaimlerChrysler AG Revised To Stable On Expected 3Q Loss Of EUR1.2 Billion Sep 15, 2006. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Outlook-On-DaimlerChrysler-AG-Revised-To-Stable-On-Expected-3Q-Loss-Of-EUR1-2-Billion-532525>
  
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