Investing.com -- JPMorgan upgraded its credit recommendation on Kraft Heinz to Overweight from Neutral, citing better-than-expected quarterly results, disciplined balance sheet management and greater confidence that the packaged food maker can fund higher investment in its brands while keeping leverage under control.
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Investing.com44d agobullish
JPMorgan upgrades Kraft Heinz credit to Overweight on deleveraging outlookThe Wall Street Journal59d agobullish
Moody’s Upgrades Argentina to B3 From Caa1, Changes Outlook to Positive From StableThe decision reflects assumptions the country’s default risk declined, given that macroeconomic stabilization advanced beyond the initial adjustment phase, the ratings company said.