Egan-Jones

Egan-Jones

Financial Services

New York, NY 5,418 followers

Egan-Jones, an NRSRO founded in 1995, offers timely and accurate credit ratings and proxy services.

About us

Egan-Jones Ratings started providing ratings in 1995 for the purpose of issuing timely, accurate ratings. The firm rapidly gained credibility by flagging the failures of Enron and WorldCom, and has since established itself as a leading global provider of credit ratings. Egan-Jones is a Nationally Recognized Statistical Rating Organization (NRSRO) and is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider. Egan-Jones is also certified by the European Securities and Markets Authority (ESMA) to operate in the EU . Studies by the Federal Reserve and prestigious academic institutions confirm that over time, ratings from the largest NRSROs tend to converge toward the Egan-Jones Rating. Egan-Jones Proxy Services is one of the leading proxy advisory firms globally.

Industry
Financial Services
Company size
51-200 employees
Headquarters
New York, NY
Type
Privately Held
Founded
1995
Specialties
Credit ratings, Private credit, Direct lending, Private placements, Proxy services, N-PX, Proxy voting, Proxy advisory, Debt funds, and Credit research

Locations

Employees at Egan-Jones

Updates

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    Intel gets some relief following an EU court ruling in its favor - avoiding €1.06 bn fine for anticompetitive practices. Apple and Google have faced major EU fines in the past. Egan-Jones rating of Intel: BBB+ Photo credit: Reuters

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    Eurozone private-sector activity fell in October, with Germany and France driving the slowdown. The Composite Purchase Managers’ Index stayed below 50, signaling contraction, while the ECB considers more rate cuts to boost growth. Photo credit: Bloomberg

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  • Egan-Jones reposted this

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    Executive Director, Financial Technology Forum and TraderForum at Institutional Investor

    How is credit quality reflected in new issue pricing in today's fixed income market? Join your buyside fixed income colleagues at Institutional Investor's 2024 Fixed Income Trading Summit on Oct 22-23 in Chicago for a presentation by Sean Egan of Egan-Jones. For more information or to register, click here: https://lnkd.in/gpESQmSj #credit #traderforum #fixedincome

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    Goldman Sachs saw a 45% rise in Q3 profit to $2.99 billion, with a 7% boost in revenue. Growth in investment banking (+20%) and wealth management (+16%) helped balance losses, including a $415 million hit from its GM credit card exit. 𝗘𝗴𝗮𝗻-𝗝𝗼𝗻𝗲𝘀 𝗿𝗮𝘁𝗲𝗱 𝗚𝗼𝗹𝗱𝗺𝗮𝗻 𝗦𝗮𝗰𝗵𝘀: 𝗕𝗕𝗕+ Photo credit: GuruFocus

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    Nippon Steel will sell its 50% stake in Calvert to ArcelorMittal to address antitrust concerns over its $14.1B acquisition of U.S. Steel. The transfer depends on the deal’s approval, which faces political opposition and a national security review. Photo credit: Bloomberg

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    Singapore’s central bank held its policy steady as the economy grew 4.1% in Q3, led by a manufacturing rebound. While inflation risks remain, analysts are divided on whether the Monetary Authority of Singapore will ease policy in 2024 or hold through 2025. Photo credit: Nikkei Asia

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    Starboard has taken a $1B stake in Pfizer, pushing for changes as shares have dropped 50% since their 2021 peak due to declining Covid-19 demand. Pfizer is betting on cancer drugs and acquired Seagen for $43B. Photo credit: Google

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    U.S. inflation rose 2.4% in September, higher than expected. Core prices, excluding food and energy, climbed 3.3%. The Fed will consider this data, alongside jobs reports, to decide on future interest rate cuts. Investors are now reassessing the path for short-term rates. Photo credit: Wall Street Journal

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