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Vallourec receives investment grade ratings from three major agencies

Staff report Vallourec, a worldwide producer of seamless tubular solutions, announced last week it received credit rating upgrades from Moody’s and S&P Global. The announcement follows Fitch’s upgrade to investment grade in April. Vallourec multinational operations include a mill in Youngstown. Moody’s upgraded Vallourec’s issuer rating from Ba1 to Baa3, an investment grade rating with a stable outlook. S&P Global upgraded Vallourec’s long- and short-term issuer credit ratings from BB+/B to BBB-/A-3, investment grade ratings, with a stable outlook. “The effective ...

HBK acquires Maryland accounting firm

Staff report HBK CPAs & Consultants, a regional accounting and advisory firm headquartered in Canfield, announced Monday that McLean, Koehler, Sparks & Hammond, a Maryland-based accounting firm, has joined HBK. Company officials said the combination adds approximately 30 professionals to the HBK team and establishes the firm’s first offices in Maryland through locations in Timonium and Frederick. Ira Rosenbloom of Optimum Strategies advised both firms on the transaction. Founded more than 80 years ago, MKS&H has built a reputation for delivering comprehensive accounting, tax, ...

Vallourec receives investment grade ratings from three major agencies

Staff report Vallourec, a worldwide producer of seamless tubular solutions, announced last week it received credit rating upgrades from Moody’s and S&P Global. The announcement follows Fitch’s upgrade to investment grade in April. Vallourec multinational operations include a mill in Youngstown. Moody’s upgraded Vallourec’s issuer rating from Ba1 to Baa3, an investment grade rating with a stable outlook. S&P Global upgraded Vallourec’s long- and short-term issuer credit ratings from BB+/B to BBB-/A-3, investment grade ratings, with a stable outlook. “The effective ...

Life happens. Be ready for it.

NEW YORK (AP) — Maybe your car broke down, your computer was stolen, or you had a surprise visit to urgent care. Emergencies are inevitable, but you can prepare to deal with them by building an emergency fund. “There are so many things that happen in our lives that we don’t expect and most of them require financial means to overcome,” said Miklos Ringbauer, a certified public accountant. The industry standard is to save three to six months of expenses in an emergency fund. However, this can feel daunting if you live paycheck to paycheck or if you have debt. But if you’re in ...

Cash App’s Moneybot might know your spending habits better than you do

NEW YORK (AP) — Imagine if your bank could move money for you with only the slightest of digital nods for your approval. Or that could tell you that you’re overspending but more importantly know how to address that overspending and put you on better financial footing. That’s what you’ll get with Moneybot, a new financial services chatbot shown off this week by Cash App that will be slowly introduced into its banking app this winter. Unlike existing bank chatbots, which can handle routine tasks like changing an address, Moneybot can take advanced actions for a customer like ...

Trump order seeks to boost scientific discoveries via AI

President Donald Trump is directing the federal government to combine efforts with tech companies and universities to convert government data into scientific discoveries, acting on his push to make artificial intelligence the engine of the nation’s economic future. Trump unveiled the “Genesis Mission” as part of an executive order he signed Monday that directs the Department of Energy and national labs to build a digital platform to concentrate the nation’s scientific data in one place. It solicits private sector and university partners to use their AI capability to help the ...