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Wednesday, July 22, 2015

S&P cut its rating on Shell after big BG merger

S&P cut its rating on Shell after big BG merger

Jul 22nd, 2015 
by John Donovan. 
No comments yet
Screen Shot 2015-07-22 at 09.17.44
Screen Shot 2015-07-22 at 09.25.41
Standard & Poors cut its rating on Royal Dutch Shell Plc (RDSa.L) by one notch to ‘AA minus’ from ‘AA’, citing a weaker financial risk profile, mainly due to soft oil prices, and continuing substantial capital expenditures.
The rating agency said the outlook on the company is negative reflecting possible adverse effects on credit metrics if the large BG Group Plc (BG.L) acquisition is finalised.
Shell announced in April that it has agreed to buy BG Group Plc for about 47 billion pounds, making it the first oil super-merger in a decade.
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Posted in: Ben van Beurden, BG Group, Gas, Reuters, Royal Dutch Shell Plc.
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SHELL CIRCUMVENTED RA 7641

SYNDICATED ESTAFA


MY QUEST FOR SWINDLED 

RETIREMENT PAY BY SHELL



SWINDLING ITO, SYNDICATED ESTAFA


HOT PURSUIT
DUTY OF LAW ENFORCEMENT ENTITIES


SHELL SWINDLING OF RETIREMENT PAY 5TH YEAR

1001counts
SEE BELOW FOR THE 1001ST   TIME THE REITERATION OF DEMAND PAYMENT OF RETIREMENT PAY WHICH SHELL REFUSED TO HONOR IN THE PRESENCE AND DEEMED APPROVAL OF THE HONORABLE MAGISTRATES OF THE SUPREME COURT OF THE PHILIPPINES

GEUS_15MAR16_66th FOLLOW UP_REITERATION

OF DEMAND  PAYMENT OF RETIREMENT PAY
Dishonest scales are an abomination to the Lord, but a just weight is His delight... Proverbs Chapter 11  v. 1
Retirement Pay Law circumvented by Shell subject to penal provision provided for by Article 288 of the Labor Code of the Philippines.





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