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14h
Crain's Chicago Business
Why are so many professors moving out of Illinois?universities now have funding through year-end, ratings for six of seven Illino
Why are so many professors moving out of Illinois?
Crain's Chicago Business / Posted 14 hours ago
universities now have funding through year-end, ratings for six of seven Illinois public institutions followed by Moody's Investors Service have been downgraded to junk or barely investment grade. BEST PEOPLE 'PICKED OFF' The University of... Read more
1d
NBC Philadelphia
State Loan Gives Atlantic City Breathing Roommeeting Thursday to accept the $74 million loan to help the nearly broke city g
State Loan Gives Atlantic City Breathing Room
NBC Philadelphia / Posted yesterday
meeting Thursday to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody's Investors Service warned Wednesday that the city likely would default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
1d
The Bristol Bay Times
NANA Development Corp.'s credit rating downgradedagency has downgraded an Alaska Native corporation subsidiary over its performa
NANA Development Corp.'s credit rating downgraded
The Bristol Bay Times / Posted yesterday
agency has downgraded an Alaska Native corporation subsidiary over its performance and weak cash flow generation. Moody's Investors Service at the end of June downgraded NANA Development Corp.'s corporate family rating, reflecting "significant... Read more
2d
Chattanooga Times Free Press
Atlantic City to receive state loan to stave off defaultmeeting Thursday to accept the $74 million loan to help the nearly broke city g
Atlantic City to receive state loan to stave off default
Chattanooga Times Free Press / Posted 2 days ago
meeting Thursday to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody's Investors Service warned Wednesday that the city likely would default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
2d
NJ.com
Atlantic City ends spat with Christie, will receive loanend of the year. But three months went by, and the state hadn't give the loan.
Atlantic City ends spat with Christie, will receive loan
NJ.com / Posted 2 days ago
end of the year. But three months went by, and the state hadn't give the loan. Wall Street credit rating agency Moody's Investors Service said Wednesday that the city would likely default on a $3.4 million debt payment due Monday and face... Read more
16 related stories
2d
Bay News 9 Tampa Bay
Atlantic City OKs state loan to avoid default$74 million loan was part of a larger financial aid package agreed to this year
Atlantic City OKs state loan to avoid default
Bay News 9 Tampa Bay / Posted 2 days ago
$74 million loan was part of a larger financial aid package agreed to this year by the city and the state. Moody's Investors Service warned Wednesday the city likely would default on a $3.4 million debt service payment on Monday if the loan... Read more
16 related stories
2d
Philly.com
Atlantic City to receive state loan to stave off defaultThursday to vote to accept the $74 million loan to help the nearly broke city g
Atlantic City to receive state loan to stave off default
Philly.com / Posted 2 days ago
Thursday to vote to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody's Investors Service warned Wednesday that the city likely would default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
2d
Daily Journal
Atlantic City to receive state loan to stave off defaultThursday to vote to accept the $74 million loan to help the nearly broke city g
Atlantic City to receive state loan to stave off default
Daily Journal / Posted 2 days ago
Thursday to vote to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody's Investors Service warned Wednesday that the city likely would default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
2d
Bay News 9 Tampa Bay
Atlantic City to receive state loan to stave off defaultThursday to vote to accept the $74 million loan to help the nearly broke city g
Atlantic City to receive state loan to stave off default
Bay News 9 Tampa Bay / Posted 2 days ago
Thursday to vote to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody's Investors Service warned Wednesday that the city likely would default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
2d
FOX Business
Moody's Corporation Reaffirms Full-Year Outlook Amid Rebound in Bond IssuanceU.S. revenue remained flat at $545.9 million, while non-U.S. revenue increased
Moody's Corporation Reaffirms Full-Year Outlook Amid Rebound in Bond Issuance
FOX Business / Posted 2 days ago
U.S. revenue remained flat at $545.9 million, while non-U.S. revenue increased 3% to $383 million. Revenue for Moody's Investors Service (MIS) was $625.6 million, down 2% from the second quarter of 2015. With the exception of its public,... Read more
2d
FOX Business
Moody's Corporation Reaffirms Full-Year Outlook Amid Rebound in Bond IssuanceU.S. revenue remained flat at $545.9 million, while non-U.S. revenue increased
Moody's Corporation Reaffirms Full-Year Outlook Amid Rebound in Bond Issuance
FOX Business / Posted 2 days ago
U.S. revenue remained flat at $545.9 million, while non-U.S. revenue increased 3% to $383 million. Revenue for Moody's Investors Service (MIS) was $625.6 million, down 2% from the second quarter of 2015. With the exception of its public,... Read more
2d
NJ.com
Christie to Atlantic City: Accept loan as is or face bankruptcynot immediately return a message from NJ Advance Media seeking comment Thursday
Christie to Atlantic City: Accept loan as is or face bankruptcy
NJ.com / Posted 2 days ago
not immediately return a message from NJ Advance Media seeking comment Thursday. Wall Street credit rating agency Moody's Investors Service said Wednesday that the city is likely to default on $3.4 million of its debt and face a stronger chance of... Read more
16 related stories
2d
Salon.com
Atlantic City to receive state loan to stave off defaultThursday to vote to accept the $74 million loan to help the nearly broke city g
Atlantic City to receive state loan to stave off default
Salon.com / Posted 2 days ago
Thursday to vote to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody’s Investors Service warned Wednesday that the city would likely default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
2d
Spartanburg Herald-Journal
Atlantic City to receive state loan to stave off defaultThursday to vote to accept the $74 million loan to help the nearly broke city g
Atlantic City to receive state loan to stave off default
Spartanburg Herald-Journal / Posted 2 days ago
Thursday to vote to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody's Investors Service warned Wednesday that the city would likely default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
2d
The Hendersonville Times-News
Atlantic City to receive state loan to stave off defaultThursday to vote to accept the $74 million loan to help the nearly broke city g
Atlantic City to receive state loan to stave off default
The Hendersonville Times-News / Posted 2 days ago
Thursday to vote to accept the $74 million loan to help the nearly broke city get through the rest of the year. Moody's Investors Service warned Wednesday that the city would likely default on a $3.4 million debt service payment on Monday if the... Read more
16 related stories
2d
WBGO-FM Newark
Atlantic City Still Awaiting State LoanMoody's Investors Service is warning that Atlantic City is likely to default Mo
Atlantic City Still Awaiting State Loan
WBGO-FM Newark / Posted 2 days ago
Moody's Investors Service is warning that Atlantic City is likely to default Monday on its debt unless New Jersey delivers a loan it promised in May. Governor Chris Christie says the state hasn't executed the loan agreement because the city doesn't... Read more
2d
KJZZ 91.5 Phoenix
Maricopa County Community College District Earns Triple-A Bond Ratinga triple A bond rating— the highest possible— by national rating agencies Stand
Maricopa County Community College District Earns Triple-A Bond Rating
KJZZ 91.5 Phoenix / Posted 2 days ago
a triple A bond rating— the highest possible— by national rating agencies Standard & Poor's Ratings Services, Moody's Investors Service and Fitch Ratings. District Chancellor Maria Harper-Marinick said, “A triple A rating allows the District... Read more
2d
Reuters
Claire's Stores to begin debt restructuring talksaccording to a regulatory filing. This has the effect of pushing back interest
Claire's Stores to begin debt restructuring talks
Reuters / Posted 2 days ago
according to a regulatory filing. This has the effect of pushing back interest payments. Credit ratings agency Moody's Investors Service Inc last month called Apollo's $175 million debt repurchase a "distressed exchange" that was carried out... Read more
2d
Newsmax
Turkey Extends Crackdown on Dissent to Analysis by Brokersthe equivalent of 25 percent of its gross domestic product in external funding
Turkey Extends Crackdown on Dissent to Analysis by Brokers
Newsmax / Posted 2 days ago
the equivalent of 25 percent of its gross domestic product in external funding per year, according to estimates by Moody’s Investors Service. Battling Negativity Ulker, who was also chief strategist at the broker, is the latest casualty in a... Read more
2d
AllAfrica.com
Djibouti Joins Africa Finance Corporationinvestment grade rated multilateral financial institution in Africa with an A3/
Djibouti Joins Africa Finance Corporation
AllAfrica.com / Posted 2 days ago
investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody's Investors Service. In May 2015, AFC successfully concluded a debut US$750 million Eurobond issue under its US$3 Billion... Read more
2d
NJ.com
Atlantic City may soon default without N.J. loan, agency saysMoody's Investors Service said the city is likely to default on $3.4 million of
Atlantic City may soon default without N.J. loan, agency says
NJ.com / Posted 2 days ago
Moody's Investors Service said the city is likely to default on $3.4 million of its debt and face a stronger chance of needed to file for bankruptcy if the state doesn't deliver a loan it promised in the rescue bill. "Absent any receipt of state... Read more
16 related stories
2d
Newsmax
Hospital Bond Rally Undeterred by Latest Trump Threat to End Obamacaremany Americans are now covered by it, Morgan Stanley analysts said in a July 12
Hospital Bond Rally Undeterred by Latest Trump Threat to End Obamacare
Newsmax / Posted 2 days ago
many Americans are now covered by it, Morgan Stanley analysts said in a July 12 report. For S&P Global Ratings and Moody’s Investors Service, U.S. hospitals will manage the risks without undermining their credit ratings. Both companies have stable... Read more
2d
Chicago Tribune
Feds indict woman who gave West Side alderman check for nearly $5,000on the brink of financial ruin, but it has a long way to go before it sheds the
Feds indict woman who gave West Side alderman check for nearly $5,000
Chicago Tribune / Posted 2 days ago
on the brink of financial ruin, but it has a long way to go before it sheds the junk bond rating assigned to it by Moody’s Investors Service, analysts for the Wall Street ratings agency said Wednesday. The main problem? Debts, including those to... Read more
3d
Business Standard India
Green bond issuances to top $75 bn in 2016: Moody'sto raise about $75 billion through issuance of green bonds in 2016, up from $42
Green bond issuances to top $75 bn in 2016: Moody's
Business Standard India / Posted 3 days ago
to raise about $75 billion through issuance of green bonds in 2016, up from $42.4 billion mopped up last year, Moody's Investors Service has said. It added that global green bond issuance in April-June quarter of 2016 reached a new quarterly... Read more
3d
The Register NorthJersey.com
Moody's: Atlantic City likely to default Monday without loanmore likely to go bankrupt — if a loan promised by the state isn't received by
Moody's: Atlantic City likely to default Monday without loan
The Register NorthJersey.com / Posted 3 days ago
more likely to go bankrupt — if a loan promised by the state isn't received by Monday, a Wall Street firm said. Moody's Investors Service issued a report Wednesday saying the nearly broke city is likely to default on a debt service payment if it... Read more
16 related stories
3d
Philly.com
Moody's: Atlantic City likely to default Monday without loanthat doesn't happen, the state is poised to seize control of the city's finance
Moody's: Atlantic City likely to default Monday without loan
Philly.com / Posted 3 days ago
that doesn't happen, the state is poised to seize control of the city's finances and major decision-making power. Moody's Investors Service says Atlantic City will likely default on a $3.4 million debt service payment if the state doesn't... Read more
16 related stories
3d
MyMotherLode.com
Moody's: Atlantic City likely to default Monday without loanthat doesn't happen, the state is poised to seize control of the city's finance
Moody's: Atlantic City likely to default Monday without loan
MyMotherLode.com / Posted 3 days ago
that doesn't happen, the state is poised to seize control of the city's finances and major decision-making power. Moody's Investors Service says Atlantic City will likely default on a $3.4 million debt service payment if the state doesn't... Read more
16 related stories
3d
Bay News 9 Tampa Bay
Moody's: Atlantic City likely to default Monday without loanmore likely to go bankrupt if a loan promised by the state isn't received by Mo
Moody's: Atlantic City likely to default Monday without loan
Bay News 9 Tampa Bay / Posted 3 days ago
more likely to go bankrupt if a loan promised by the state isn't received by Monday, a Wall Street firm said. Moody's Investors Service issued a report Wednesday saying the nearly broke city is likely to default on a debt service payment if it... Read more
16 related stories
3d
Island Packet
Moody's: Atlantic City likely to default Monday without loanmore likely to go bankrupt — if a loan promised by the state isn't received by
Moody's: Atlantic City likely to default Monday without loan
Island Packet / Posted 3 days ago
more likely to go bankrupt — if a loan promised by the state isn't received by Monday, a Wall Street firm said. Moody's Investors Service issued a report Wednesday saying the nearly broke city is likely to default on a debt service payment if it... Read more
16 related stories
3d
Zero Hedge
Chinese Stocks Sink Over Fears Regulators Will Curb Wealth Management Schemeshas been mostly unsuccessful. The products are a key reason behind the growth i
Chinese Stocks Sink Over Fears Regulators Will Curb Wealth Management Schemes
Zero Hedge / Posted 3 days ago
has been mostly unsuccessful. The products are a key reason behind the growth in the shadow-banking industry, which Moody’s Investors Service estimates is worth more than 50 trillion yuan, and have been used by some financial institutions as a way... Read more
3d
Newsmax
Retailers Are Doomed as Most Americans Are Too Poor to Shoprest of the year will be even worse. In May, retail sales shrunk by 3.9%, wors
Retailers Are Doomed as Most Americans Are Too Poor to Shop
Newsmax / Posted 3 days ago
rest of the year will be even worse. In May, retail sales shrunk by 3.9%, worsening from a 2.9% drop in April. Moody's Investors Service lowered its estimates for 2016 retail sales. The tone of their overall outlook shifted from “positive” to... Read more
3d
Newsmax
Pension Returns Set to Plunge to Record-Low Levelsand they would earn enough money over decades to pay for retiree obligations, t
Pension Returns Set to Plunge to Record-Low Levels
Newsmax / Posted 3 days ago
and they would earn enough money over decades to pay for retiree obligations, the Journal reported. To be sure, Moody’s Investors Service officials estimated in an annual analysis released recently that U.S. multiemployer pension plans were... Read more
4d
iol.co.za
Anglo shakes up iron-ore and coal bossesproducer to be rated junk after its credit assessment was cut by Fitch Ratings,
Anglo shakes up iron-ore and coal bosses
iol.co.za / Posted 4 days ago
producer to be rated junk after its credit assessment was cut by Fitch Ratings, following a similar downgrade by Moody’s Investors Service in February amid questions about its ability to sell assets in a “buyers’ market”. The company’s rating... Read more
4d
Alaska Public
Tuesday, July 26, 2016downgrades Alaska credit rating; fourth downgrade this year Rachel Waldholz, A
Tuesday, July 26, 2016
Alaska Public / Posted 4 days ago
downgrades Alaska credit rating; fourth downgrade this year Rachel Waldholz, Alaska’s Energy Desk – Anchorage Moody’s Investors Service has downgraded Alaska’s credit rating for the second time in six months, citing the state’s massive budget... Read more
174 related stories
4d
Juneau Empire
Deficit-saddled Alaska gets another hit to its credit ratingface of a multibillion-dollar budget deficit that state officials have yet to c
Deficit-saddled Alaska gets another hit to its credit rating
Juneau Empire / Posted 4 days ago
face of a multibillion-dollar budget deficit that state officials have yet to close. With Monday’s downgrade by Moody’s Investors Service, the state has seen its credit rating lowered by all three major rating agencies, including Fitch Ratings... Read more
4d
Crain's New York Business
Mets' World Series appearance gives Citi Field bondholders something to cheer aboutalso issued $82.3 million of insured debt in 2009, the year the ballpark opened
Mets' World Series appearance gives Citi Field bondholders something to cheer about
Crain's New York Business / Posted 4 days ago
also issued $82.3 million of insured debt in 2009, the year the ballpark opened. The 2006 bonds are rated Ba1 by Moody’s Investors Service and BB+ by Standard & Poor’s, one step below investment grade. Citi Field bonds don’t trade frequently... Read more
4d
Crain's New York Business
Citi Field bond rating lifted from junk by S&Pservice costs for 12 months.” S&P is the second rating-company to raise Citi F
Citi Field bond rating lifted from junk by S&P
Crain's New York Business / Posted 4 days ago
service costs for 12 months.” S&P is the second rating-company to raise Citi Field’s rating out of junk status. Moody’s Investors Service boosted the rating one level to Baa3 last month citing the franchise’s strength. Last year, the Mets made... Read more
4d
Business Insurance
Merger hopes for Aetna-Humana remain, Anthem-Cigna not so muchthere's a higher probability of the Aetna (deal),” said Stephen Zaharuk, New Yo
Merger hopes for Aetna-Humana remain, Anthem-Cigna not so much
Business Insurance / Posted 4 days ago
there's a higher probability of the Aetna (deal),” said Stephen Zaharuk, New York-based senior vice president at Moody's Investors Service Inc. “They were out there shopping some of the businesses that they knew were going to be a problem for the... Read more
166 related stories
4d
Crain's Chicago Business
Moody's official: Chicago's still got time to fix pension problemit must reverse the direction of its mounting retirement debt, according to Nao
Moody's official: Chicago's still got time to fix pension problem
Crain's Chicago Business / Posted 4 days ago
it must reverse the direction of its mounting retirement debt, according to Naomi Richman, a managing director at Moody's Investors Service. “Time is not about to run out for Chicago,” Richman said during a panel yesterday at the City Club of... Read more
4d
Newsmax
Junk-Graded Municipalities Shore Up Finances With Record-Low Ratesa municipal bond portion rated in the triple-B range, the lowest-investment cat
Junk-Graded Municipalities Shore Up Finances With Record-Low Rates
Newsmax / Posted 4 days ago
a municipal bond portion rated in the triple-B range, the lowest-investment category, which also grew as rated by Moody's Investors Service, the data show. Lower-rated borrowers are also refinancing old debt faster than investment-grade... Read more
3 related stories
4d
The Morning Call
Lehigh Valley Health Network job cuts: Five things to knowunspecified "small" number of workforce reductions. • Word of the latest round
Lehigh Valley Health Network job cuts: Five things to know
The Morning Call / Posted 4 days ago
unspecified "small" number of workforce reductions. • Word of the latest round of job cuts came about a week after Moody's Investors Service downgraded its rating outlook for proposed LVHN bonds. While Moody's assigned a passing A1 grade to a... Read more
3 related stories
4d
Market Watch
These people don’t cheer low gas pricesbudget impacts tied to the depressed energy prices,” said Chris Collins, an ana
These people don’t cheer low gas prices
Market Watch / Posted 4 days ago
budget impacts tied to the depressed energy prices,” said Chris Collins, an analyst in the public finance group at Moody’s Investors Service. When states are strapped for cash, higher education often becomes vulnerable to cuts, said Edie Behr, a... Read more
4d
Brisbane Times
Aldi to grow by 16 per cent a yearchains for part of their shop. We break down the key statistics of six product
Aldi to grow by 16 per cent a year
Brisbane Times / Posted 4 days ago
chains for part of their shop. We break down the key statistics of six products from the supermarkets shelves. Moody's Investors Service claims Aldi's share will increase as it ramps up its store rollout in South Australia and Western Australia... Read more
12 related stories
4d
WA Today
Aldi to grow by 16 per cent a yearchains for part of their shop. We break down the key statistics of six product
Aldi to grow by 16 per cent a year
WA Today / Posted 4 days ago
chains for part of their shop. We break down the key statistics of six products from the supermarkets shelves. Moody's Investors Service claims Aldi's share will increase as it ramps up its store rollout in South Australia and Western Australia... Read more
12 related stories
4d
The Age
Aldi to grow by 16 per cent a yearchains for part of their shop. We break down the key statistics of six product
Aldi to grow by 16 per cent a year
The Age / Posted 4 days ago
chains for part of their shop. We break down the key statistics of six products from the supermarkets shelves. Moody's Investors Service claims Aldi's share will increase as it ramps up its store rollout in South Australia and Western Australia... Read more
12 related stories
4d
Sydney Morning Herald
Aldi to grow by 16 per cent a yearchains for part of their shop. We break down the key statistics of six product
Aldi to grow by 16 per cent a year
Sydney Morning Herald / Posted 4 days ago
chains for part of their shop. We break down the key statistics of six products from the supermarkets shelves. Moody's Investors Service claims Aldi's share will increase as it ramps up its store rollout in South Australia and Western Australia... Read more
12 related stories
4d
Canberra Times
Aldi to grow by 16 per cent a yearchains for part of their shop. We break down the key statistics of six product
Aldi to grow by 16 per cent a year
Canberra Times / Posted 4 days ago
chains for part of their shop. We break down the key statistics of six products from the supermarkets shelves. Moody's Investors Service claims Aldi's share will increase as it ramps up its store rollout in South Australia and Western Australia... Read more
12 related stories
4d
iol.co.za
Treasury: Fitch move ‘a timely reminder’foreign-currency debt at BBB-, one step above sub-investment grade, in June aft
Treasury: Fitch move ‘a timely reminder’
iol.co.za / Posted 4 days ago
foreign-currency debt at BBB-, one step above sub-investment grade, in June after cutting it a level in December. Moody’s Investors Service left South Africa’s credit rating at two levels above non-investment grade in May, while S&P Global Ratings... Read more
5d
iol.co.za
SA’s local-currency debt rating downgradedforeign-currency debt at BBB-, one step above sub-investment grade, in June aft
SA’s local-currency debt rating downgraded
iol.co.za / Posted 5 days ago
foreign-currency debt at BBB-, one step above sub-investment grade, in June after cutting it a level in December. Moody’s Investors Service left South Africa’s credit rating at two levels above non-investment grade in May, while S&P Global Ratings... Read more
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