Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SK Telecom Co., Ltd. Hong Kong, January 23, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of SK Telecom Co., Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
SAN JOSE, Calif. and SEOUL , South Korea, Oct. 31, 2019 /PRNewswire/ -- Xilinx, Inc. (NASDAQ: XLNX) and SK Telecom (NYSE: SKM) today announced that SK Telecom has adopted Xilinx ® Alveo ™ Datacenter Accelerator ...
Deutsche Telekom's venture capital arm said on Tuesday it was closing its second fund to new money after raising $350 million to invest in software service companies that are powering digital transformation. Corporate sponsors SK Telecom of Korea and German optics company Zeiss have joined Deutsche Telekom, HarbourVest, Neuberger Bermann and others in backing the fund, Deutsche Telekom Capital Partners (DTCP) said.
Moody's Investors Service has assigned a Baa2 rating to the proposed senior unsecured USD notes to be issued by SK Hynix Inc. (Baa2 negative). SK Hynix will use the proceeds from the notes for general corporate purposes, including the repayment of outstanding borrowings and capital expenditures. "SK Hynix's Baa2 rating reflects its strong position as the world's second-largest memory chip producer and the likelihood of support from its largest shareholder, SK Telecom Co., Ltd., in case of need, which results in a one-notch rating uplift from its underlying credit quality," says Sean Hwang, a Moody's Analyst.
The Zacks Analyst Blog Highlights: Garmin, Martin Marietta and SK Telecom
These telecom stocks seem to hold great promise for the future and are likely to reward shareholders generously.
Moody's Investors Service has affirmed SK Telecom Co., Ltd.'s (SKT) A3 issuer rating, as well as the A3 senior unsecured ratings on its $500 million bonds due 2023 and $400 million notes due 2027. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.
Now, we shall commence the presentation by SK Telecom. Today's conference call will consist of the presentation on the earnings results for Q1 of 2020 and the future management plans and strategic direction by Poong-young Yoon, CFO and Head of Corporate Center I; and Hyoung-il Ha, Head of Corporate Center II, followed by a Q&A session.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
Moody's Investors Service has revised SK Hynix Inc.'s rating outlook to negative from stable. At the same time, Moody's has affirmed the company's Baa2 issuer rating. "The negative outlook reflects SK Hynix's declining financial flexibility, as evidenced by a significant increase in net debt during the first half of 2019, and the uncertainty over the company's ability to generate free cash flow through the ongoing industry downturn," says Sean Hwang, a Moody's Analyst.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SK Hynix Inc. Hong Kong, March 24, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of SK Hynix Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
SK Telecom (NYSE: SKM) and Sinclair Broadcast Group (NASDAQ: SBGI) announced Cast.era, a joint venture located in Arlington, Virginia focused on cloud infrastructure for broadcasting, ultra-low latency over-the-top (OTT) broadcasting, and targeted advertising.
Deutsche Telekom's venture capital arm said on Tuesday it was closing its second fund to new money after raising $350 million to invest in software service companies that are powering digital transformation. Corporate sponsors SK Telecom of Korea and German optics company Zeiss have joined Deutsche Telekom, HarbourVest, Neuberger Bermann and others in backing the fund, Deutsche Telekom Capital Partners (DTCP) said. SK Telecom's $30 million investment is part of a wider agreement with Deutsche Telekom to set up a joint venture to develop technologies and services for next-generation 5G mobile networks, the Korean company said separately.
Does This Stock Rally Continue Next Year?
The cohort program is primarily designed to facilitate small- and mediums-sized enterprises to bring to the market products based on BlackBerry's (BB) QNX technology.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]