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Fitch Affirms Kellogg's IDRs at 'BBB+/F2'; Outlook Revised to Negative

2015-02-28 13:17:41| Agriculture - Topix.net

The Rating Outlook has been revised to Negative from Stable on expectations for modestly higher near term leverage at or near 3.0x in 2015 given Fitch's expectation of operating profit down mid-single digits and incremental debt for share repurchases. Near Term Leverage and Cereal Declines are Concerns: The Negative Outlook reflects Fitch's current expectation that gross leverage is likely to rise modestly in 2015 to be in the 3.0x range.

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US inflation rate remains negative

2015-02-26 15:52:00| BBC News | Business | UK Edition

US inflation remained negative in January, largely due to steep falls in the price of petrol, official figures show.

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French inflation turns negative

2015-02-19 12:33:48| BBC News | Business | UK Edition

Inflation in France, the eurozone's second-biggest economy, turned negative in January, adding to worries over deflation in the eurozone.

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Carney: Inflation may turn negative

2015-02-12 13:56:16| BBC News | Business | UK Edition

Inflation in the UK could temporarily turn negative in the spring because of falling oil prices, the governor of the Bank of England says.

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Riksbank Has Cash Stash to Handle Potential Negative Rate Run

2015-02-10 15:25:20| Appliances - Topix.net

Nordea Bank AB chief executive officer Christian Clausen said Jan. 28 that the Nordic region's biggest bank will eventually have to start charging clients to deposit money in markets where central bank rates are negative. Photographer: Casper Hedberg/Bloomberg -- Sweden's central bank says it has enough cash in its coffers should negative interest rates cause depositors to withdraw their funds from banks.

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