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2012/05/26 00:15
2012/05/26 00:15
4h
Business Breaking News
... €19 billion (US$23.8 billion) in financial support on Friday, the day that a leading Credit rating agency downgraded it to junk status. Dow Jones Industrials The pension offer being...
Read more at Brandon Sun, Brandon Sun
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Ottawa Madrid Bankia Spanish government Canadian Pacific Railway
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2012/05/26 00:15
2012/05/26 00:15
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2012/05/26 00:15
2012/05/26 00:15
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2012/05/25 23:47
2012/05/25 23:47
4h
Moody's downgrades 3 Swedish banks
The ratings agency Moody's has downgraded three Swedish banks due to their exposure to the increasingly troubled European economy and diminished profitability in the competitive financial...
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Moody's STOCKHOLM Swedbank Svenska Handelsbanken AB Nordea Bank AB
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2012/05/25 21:19
2012/05/25 21:19
7h
Euro Steady despite S&P Downgraded 5 Spanish Bank...
Standard & Poor’s Ratings Services announced today that it has revised down its economic risk score on Spain and lowered ratings on five financial institutions following its two-notch downgrade of the...
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Standard & Poor's Standard & Poor Bankia Bankinter Standard and Poor's Ratings Services
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2012/05/25 20:25
2012/05/25 20:25
8h
Standard & Poor's downgrades Spain's Bankia rating
Credit rating agency Standard & Poor's says it has downgraded five Spanish banks including troubled Bankia because of uncertainty over restructuring and recapitalization plans. The agency's decision...
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Bankia Spanish government Luis de Guindos Madrid Bankia SA
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2012/05/25 20:14
2012/05/25 20:14
8h
S&P revises Maine outlook to stable from negative
AUGUSTA, Maine (AP) - A week after a Credit rating agency cut Maine's ratings outlook from stable to negative, another Credit rating agency has elevated its outlook for the state's financial...
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Standard & Poor's Moody's Investors Service Bruce Poliquin Augusta Standard & Poor
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2012/05/25 12:24
2012/05/25 12:24
16h
S&P Opines on Securitizing Distributed Generation
An opinion paper published by S&P earlier this year titled, "Will Securitization Help Fuel The U.S. Solar Power Industry?" (accessible here) focused on a number of risks associated with the...
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2012/05/25 06:30
2012/05/25 06:30
22h
Ratings agency downgrades Ford debt
The ratings agency that granted its highest ratings to billions of dollars of risky mortgage-backed securities is downgrading $9.3 billion of Ford's unsecured debt. Standard & Poor's Ratings Services...
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Ford Standard & Poor's Standard and Poor's Ratings Services Chrysler General Motors
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2012/05/25 06:28
2012/05/25 06:28
22h
Kiwi holds gains as Fitch, Moody's approve of Bud...
BUSINESSDESK: The New Zealand dollar held its gains in local trading after Moody's Investors Service and Fitch Ratings gave the government's budget the thumbs up, helping distract from an undertone of...
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NEW YORK European Union Bill English Brussels Stuart Ive
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2012/05/25 00:12
2012/05/25 00:12
1d
S&P cuts MEMC credit rating on weak solar market
Standard & Poor's Rating Services downgraded silicon wafer maker MEMC Electronic Materials Inc's credit rating two notches to B+, citing continued weakness in the solar power sector. The company,...
MEMC Electronic Materials Inc Standard & Poor's Standard and Poor's Ratings Services Brian Wuebbels Thomson Reuters
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2012/05/24 16:07
2012/05/24 16:07
1d
Canadians can handle home price drop: DBRS
OTTAWA - Credit rating agency DBRS says most Canadian households are capable of withstanding a sharp drop in home prices. DBRS says the average household would be able to handle even a 40 per cent...
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DBRS Jim Flaherty Mark Carney Ottawa Bank of Canada
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2012/05/24 15:17
2012/05/24 15:17
1d
A.M. Best Affirms Ratings of Sooner Insurance Com...
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Sooner Insurance Company (Sooner) (Burlington, VT). The...
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A.M. Best Co. A.M. Best Company Inc. OLDWICK Seaworthy Insurance Company Sooner Insurance Company
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2012/05/24 14:27
2012/05/24 14:27
1d
Moody's restates French AAA-rating, negative outl...
Moody's restates French AAA-rating, negative outlook PARIS May 24 (Reuters) - Ratings agency Moody's on Thursday restated its negative outlook on France's triple-A credit rating, saying Socialist...
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Moody's Francois Hollande Reuters
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2012/05/24 12:06
2012/05/24 12:06
1d
Latest Pennsylvania business
... plan filed yesterday, which requires court approval, calls for payment of $5.49 million to creditors, including $4.25 million before the effective date of the plan. Officials say the...
Pittsburgh American Eagle Outfitters Incorporated Philadelphia Daily News Larry Platt Mylan Inc.
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2012/05/24 04:28
2012/05/24 04:28
2d
Good public purse management keeps cost of credit...
Good public purse management keeps cost of credit downThursday, 24 May 2012, 3:47 pmPress Release: NZ Bankers' Association Good public purse management keeps cost of credit downPrudent management of...
New Zealand Bankers’ Association downPrudent Kirk Hope
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2012/05/24 03:28
2012/05/24 03:28
2d
BUDGET 2012: S&P affirms NZ's credit rating after...
BUDGET 2012: S&P affirms NZ's credit rating after budgetThursday, 24 May 2012, 3:01 pmArticle: BusinessDeskBUDGET 2012: S&P affirms NZ's credit rating after budget forecast for return to surplusBy...
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Bill English Martin Lewington Mercer Standard & Poor's Craig Foss
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2012/05/24 03:26
2012/05/24 03:26
2d
S&P lowers Tunisia's debt rating to BB/B
TUNIS, May 23 -- Global Credit rating agency Standard &Poor's (S&P) on Wednesday lowered Tunisia's debt rating by two notches to BB/B with stable perspective from BBB-/A-3, according to local...
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Tunis Ben Ali Standard &Poor's Moez Abidi Tunisia's central bank
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2012/05/24 01:56
2012/05/24 01:56
2d
Fitch Street View: SGD Bond Market Growth Faces H...
... following was released by the rating agency) SEOUL/SINGAPORE, May 23 (Fitch) Fitch Ratings expects issuance of SGD- denominated bonds to grow in the short term, but the current lack of investor...
Fitch Ratings Seoul
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2012/05/23 23:39
2012/05/23 23:39
2d
A deadbeat no more, Ford must keep focus
Ford F-N is finally shaking off the last vestiges of its status as a deadbeat company. It has been five-and-a-half years since chairman Bill Ford and his relatives, who between them control 40 per...
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Ford Bill Ford Alan Mulally Fitch Ratings Motown
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2012/05/23 14:34
2012/05/23 14:34
2d
JSE weaker, euro uncertainty lingers
The JSE. Photo: Simphiwe Mbokazi. The JSE was down in midday trade on Wednesday, with the negative sentiment on the EU debt crisis affecting global markets. Traders were not expecting the bourse to...
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Dow Jones European Union BHP Billiton G8 Financials
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2012/05/23 14:11
2012/05/23 14:11
2d
Moody's boosts Ford's credit rating
Moody's boosts Ford's credit rating Move gives control of Blue Oval back to automaker Ford employees created a Blue Oval logo on the lawn of the automaker's world headquarters in Dearborn,...
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Ford Motor Co. Ford Moody's Investors Service Bill Ford Moody's
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