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Nathaniel is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. Are you one of the many investors in search of yield in this low rate environment? In this article, I would
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Rick Wilking S&P has just downgraded the credit rating of Berkshire Hathaway to AA from AA+* . Berkshire Hathaway is the financial and industrial conglomerate run by billionaire Warren Buffett . "The lower credit rating on BRK better reflects our
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Courier & Press Archives Evansville-based Springleaf Finance formerly American General Finance laid off an undisclosed number of employees in February 2012. Evansville-based Springleaf Finance Corp., which over the past year has taken major steps to
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Log in to keep reading. reuters.com Published Thursday, May...When Sven Lautenschlager, international funding officer at Germany's L-Bank, was talking to potential investors on selling shorter-dated bonds in the offshore yuan market, he was
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With an aim to bring in a greater level of transparency in the way credit rating agencies work, the capital markets regulator Sebi is working on a new set of guidelines to address conflict of interest in the functioning of such entities. Through the
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Fitch on Tuesday affirmed its top 'AAA' credit rating for the European Union , judging financial support by member countries as providing a strong backstop to its limited borrowing. The EU has seen its role as a lender to its member states who hit
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AA whereas a typical non-recourse infrastructure project is rated BB. Moreover, 75 percent of all debt investments in an insurance company's portfolio (excluding government and other approved securities) must have AAA rating," highlighted the study.
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Defeat in Eastleigh, a higher deficit, a triple-dip recession, poor local election results and the loss of Britain's AAA rating could prompt a new revolt by Tory MPs. At the start of this month, the Evening Standard reported that Tory rebels had
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Also taken into consideration is the strong balance sheet position linked to a conservative capital structure, reputable brand name and operational track record. PhilRatings noted an environment of strong macroeconomic fundamentals lending a
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Department of Justice filed civil fraud charges against Standard & Poor's for its role in granting positive ratings on nearly $3 trillion worth of mortgage backed securities that later collapsed in value. It was the first federal enforcement action
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