RXO has lost its investment-grade credit rating from Moody’s, knocked down one notch to a level below the cutoff below which corporate debt is considered non-investment grade. However, the new Moody’s debt rating for the 3PL, announced Tuesday, is still above the equivalent at S&P Global (NYSE: SPGI). S&P Global’s rating for RXO (NYSE: RXO) is at BB, which is considered one notch less than Ba1, the new rating handed down by Moody’s. The Moody’s (NYSE: MCO) rating had been Baa3, which means that before t ...

Core Insights - Harley-Davidson reported weaker quarterly earnings, indicating potential financial struggles for the company [1] - The motorcycle maker received a warning that its debt ratings may be downgraded to junk status by spring, which could impact its borrowing costs and investor confidence [1] Financial Performance - The company’s quarterly earnings were below expectations, suggesting a decline in profitability [1] Debt Ratings - A warning has been issued regarding the potential downgrade of Harley-Davidson's debt ratings to junk status, which typically signifies higher risk for investors [1]