HALISTER1: INDIA RATINGS: D. K. Chauhan Lowered; Corey Organics Raised

INDIA RATINGS: D. K. Chauhan Lowered; Corey Organics Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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NI INRATINGS , click on Display & Edit, then Set Alert Delivery DOWNGRADES
  • D. K. Chauhan
    • Long-term rating cut to BB- from BB at Crisil
    • Cites deterioration in liquidity because of a stretch in working capital cycle
UPGRADES
  • Corey Organics
    • Long-term rating raised to B+ from B at Crisil
    • Cites improvement in business risk profile due to rise in scale of operations, while maintaining profit margins
  • Ravi Foods
    • Long-term rating increased to A from A- at Crisil
    • Cites steady revenue growth, improving operating profitability
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Source: BFW (Bloomberg First Word)

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UUID: 7947283

HALISTER: Lockheed CEO Told Trump Committed to Providing ‘Affordable’ F-35

Lockheed CEO Told Trump Committed to Providing ‘Affordable’ F-35

(Bloomberg) -- Lockheed CEO Marillyn Hewson discussed with President-elect Trump importance of the F-35 program and progress made in reducing costs, according to e-mailed statement.
  • Hewson says she conveyed Lockheed’s commitment to providing “affordable” aircraft to U.S. military and allies
  • NOTE: Earlier, Trump, After Boeing Meeting, Says He Wants to Lower F-35’s Cost
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Source: BFW (Bloomberg First Word)

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LMT US (Lockheed Martin Corp)

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Marillyn Hewson (Lockheed Martin Corp)

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(2) *LOCKHEED CEO 'CONVEYED COMMITMENT' TO AN AFFORDABLE F-35

*LOCKHEED CEO 'CONVEYED COMMITMENT' TO AN AFFORDABLE F-35

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Source: BN (Bloomberg News)

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LMT US (Lockheed Martin Corp)

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Marillyn Hewson (Lockheed Martin Corp)

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UUID: 7947283

HALISTER: Boeing CEO: Told Trump Air Force One Can Cost Less Than $4b

Boeing CEO: Told Trump Air Force One Can Cost Less Than $4b

(Bloomberg) -- Boeing CEO Dennis Muilenberg told President-elect Donald Trump Air Force One can be done for less than $4b during meeting today, he tells reporters.
  • Says company, Trump share common interests
  • Earlier: Trump to Meet With CEOs of Boeing, Lockheed After Criticism
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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BA US (Boeing Co/The)

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Dennis Muilenburg (Boeing Co/The)
Donald Trump (United States of America)

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UUID: 7947283