trending Market Intelligence /marketintelligence/en/news-insights/trending/mtgwx4XxfjBqOfX-HNb23w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

S&P cuts NCR issuer credit rating

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


S&P cuts NCR issuer credit rating

S&P Global Ratings lowered the issuer credit rating of NCR Corp. to BB from BB+ with a stable outlook.

Global Ratings said NCR has higher financial leverage than it previously anticipated, thanks to increased spending on investments, acquisitions and restructuring. It also said the company had one-time supply issues that led its hardware operating margins in 2018 to be lower than the previous year, which caused its leverage to increase to about 6x.

While the rating agency said it expects NCR's leverage to decline, it does not expect it to fall below 4x. S&P Global Ratings also added it does not expect the company to have a quick deleveraging, as its end markets are not fast-growing enough.

The stable rating outlook reflects Global Ratings' expectations that NCR will have leverage of above 4x for at least the next 12 months.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.