Welcome to CreditPulse
CreditPulse is an online journal for credit, accounting and finance professionals that provides in-depth coverage, analysis and perspective in specific areas of credit management, accounting and credit markets. In addition, CreditPulse monitors the credit standards and other performance-related credit and accounting benchmarks of public companies through its proprietary Credit Standards Index (CSI).
The U.S. economy grew by a whopping 5.9 percent at the end of 2009 in a volatile turnaround after beginning the year down 6.4 percent. Manufacturing rebounded significantly, but consumer spending remains low. U.S. GDP is $14.46 trillion.
Bank of America management, with likely involvement from the U.S. Treasury, ignored the advice of its company treasurer, external auditor and later its own general counsel by not disclosing the pre-merger losses at Merrill Lynch, according to a complaint filed last week by the New York Atty General's office.
On January 12th, a magnitude 7.0 earthquake struck the tiny Caribbean nation of Haiti causing widespread destruction and an estimated 100,000 deaths. CreditPulse reports on the few U.S. companies that do business in Haiti and some of the reasons why more don't.
Adobe Systems, Inc., based in San Jose, California, has the highest credit standards of the 122 publicly-traded software technology companies in the Credit Standards Index (CSI) with a CSI score of of 1.40. CDC Corp. (shown in photo), based in Hong Kong, is last with a CSI score of 4.30.
Software technology companies continue to generate revenue growth even as equity capital, long a key source of liquidity for the industry, becomes more scarce. Get the latest annualized credit and financial benchmarks and company rankings for the 122-company software industry group.
Massive government bailouts of failed firms such as Citigroup and General Motors have already served to undermine the concept of effective credit risk management, one of the fundamental pillars of capitalism. Now, some in Washington and Wall Street want to go even further.
NRG Energy, Inc., based in Princeton, New Jersey, has the highest credit standards of all publicly-traded utilities with a CSI score of 2.40. Constellation Energy Group, Inc, based in Baltimore, Maryland, is last with a CSI score of 4.70 on a scale of 1 to 5.
Few industries face greater dangers during a recession than the utilities industry, which ranks fifth out of 70 CSI industry groups with the highest debts-to-assets ratio. Find out which ones are on solid ground and which ones may be in quicksand in this CSI industry profile.
