Topic: Moody's Corporation
Moody's says banks have so far written off about 2/3 of likely total of $744 billionMoody's Investors Service said Wednesday it appears U.S. banks have written off about two-thirds of the bad loans they're likely to face through 2011. "It is clear ...
SEC warns rating agencies to refrain from deceptive conduct; decides not to prosecute Moody'sFederal regulators are warning credit rating agencies that they could face civil fraud charges for giving inaccurate ratings to investments. The Securities and Exchange Commission issued the warning Tuesday ...
Moody's downgrades Oriental Trading after Chapter 11Moody's Investors Service has downgraded the probability of default rating for Oriental Trading Company Inc. after the party supplier announced earlier this week it has filed for Chapter 11 bankruptcy protection. Moody's cut the rating to ...
Options Traders Get Bearish On Moody's Earnings season propelled the stock market in July, 2010 to its best month in a year, with the Dow gaining 7.1% as corporations continually shattered earnings estimates and revenue consensus. Technology (Apple, Intel), financial (Goldman Sachs, ...
NEW YORK (Reuters) - Lawsuits by the Connecticut Attorney General accusing three credit ratings agencies with giving artificially low credit ratings to municipalities can proceed in state court, a judge ruled. In a ruling made public on Friday, Connecticut Superior Court Judge ...
NEW YORK (Reuters) - The top AAA ratings of the U.S., the U.K., France and Germany continue to be well positioned, said Moody's Investors Service on Tuesday. The "distance to downgrade" for these four sovereigns has been reduced, the credit rating agency ...
NEW YORK (Reuters) - The city of Newark, New Jersey may have its credit ratings downgraded because the City Council has rejected forming a new revenue-creating utilities authority, Moody's Investors Service said on Friday. Newark -- New Jersey's largest city, located about ...
Moody's upgrades Church & Dwight to investment grade on strong credit metricsMoody's Investors Service has upgraded Church & Dwight Co. Inc.'s ratings to investment grade on the company's strong credit metrics and growth despite the tough economy. Moody's withdrew the company's "Ba1" ...
Moody's: Rate of loss on liquidated on commercial loans backing securities surged in 2nd-qtrThe rate of loss on liquidated U.S. commercial property loans pooled into securities climbed in the second quarter, Moody's Investors Service said Thursday. Between April and June, 342 loans ...
Moody's downgrades Vulcan Materials on soft markets, stimulus endMoody's Investors Service downgraded Vulcan Materials Co. Thursday, saying the asphalt and gravel maker faces soft pricing in key markets and the eventual end of federal stimulus money that has helped demand for construction ...