rating agency news
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Al Franken: Prevent fiscal meltdown
New York City :: NY :: USA | 2 days ago
Credibility
Al Franken, a Democrat, is a U.S. senator from Minnesota. Roger Wicker, a Republican, is a U.S. senator from Mississippi. (CNN) -- Earlier this year, the Justice Department filed a $5 billion lawsuit against Standard & Poor's -- one of the nation's
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Co-op Bank Downgraded By Rating Agency Moody's
London :: United Kingdom | 10 days ago
Credibility
The Co-operative bank has moved to reassure investors after rating agency Moody's downgraded it, claiming it may need "external support". In a statement the bank said in response to the downgrade: "We are disappointed by the ratings downgrade
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Selling spree continues after downgrade
Manila :: Philippines | 16 days ago
Credibility
The Jakarta Composite Index (JCI), the main price barometer of the Indonesia Stock Exchange (IDX), dropped 1.4 percent to close the day at 4,925.48, after dropping 1.3 percent on Thursday. The two-day drop of 2.7 percent was the largest since Aug. 30,
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India continues to struggle with low growth: S&P
New Delhi :: India | 25 days ago
Credibility
A day ahead of its meeting with the finance ministry , ratings agency Standard & Poor's has debunked the idea that the economy was on the mend, flagging low growth and high inflation as areas of concern. The ratings agency has a negative outlook
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‘System of world credit rating agencies needs to be changed'
London :: United Kingdom | 28 days ago
Credibility
System of world credit rating agencies needs to be changed' The Fitch credit ratings agency has downgraded the United Kingdom's level to AA+ due to gloomy economic and fiscal indicators. Another similar agency from the Big Three', Moody's, also
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Agency cuts New Haven bond rating a notch
New Haven :: CT :: USA | 30 days ago
Credibility
Conn. (AP) A ratings agency has downgraded New Haven's bond rating a notch, citing the city's low reserve and possible cuts in state aid. Fitch cut New Haven's bond rating to A'' from A+.'' Bond ratings grade how good the credit is for a city, state
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Qatar banking system outlook st...
Doha :: Qatar | 1 month ago
Credibility
The outlook for Qatar's banking system remains stable, unchanged since 2010, and banks' lending is expected to grow between 20 percent and 25 percent over the next 18 months, says Moody's latest annual Banking System Outlook report on Qatar published
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Rating Action on Hilltop's Arm – Analyst Blog
Baltimore :: MD :: USA | 1 month ago
Credibility
The rating was lowered on the backdrop of weak operating performance over the past several years...Best remains concerned over its weak underwriting performance that has been delivering losses...These steps are aiding the company to tighten policy
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Moody's reacts to Stockton bankruptcy by downgrading Solano rating
Stockton :: CA :: USA | 1 month ago
Credibility
Moody's changed perspective on the overall use of pension obligation bonds resulted in its March 29 decision to downgrade its rating of Solano County's bonds, from A1 from Aa3. The new perspective reflects the rating agency's evaluation of the
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Credit rating agencies get more valuable the more we speak about them
Bursa :: Turkey | 1 month ago
Credibility
Babacan`s comments came at the Uludag Economy Summit held in Bursa province in response to a recent upgrading of Turkey`s credit rating by Standard & Poor`s credit rating agency. Speaking to the Anadolu Agency (AA), Babacan said that they would keep
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