June 30- Standard& Poor's Ratings Services lowered its credit rating on Puerto Rico to' CCC-minus' from' CCC-plus', hours after Governor Alejandro Garcia Padilla said the U.S. territory needed a period of bankruptcy to restructure its debt. Former IMF staffers-- engaged by Government Development Bank, Puerto Rico's financing arm-- issued a damning report on Sunday...» Read More
CNBC's Eamon Javers takes a look at the impact of the S&P cutting the U.S. debt rating two year ago as a series of political battles looms in September.
Competition among smartphone makers is heating up and markets are becoming saturated, explains Ramon Llamas, IDC.
Peter Attard Montalto, emerging market economist at Nomura International, talks about the South African mining sector, the potential rise of further union unrest and the impact it would have on the country's economy.
Rick Sherlund, Nomura Securities head of U.S. technology research, has the play on multiple downgrades on the tech giant.
The global ratings agency cut China's long-term local currency credit rating to A-plus from AA-minus on Tuesday with a stable outlook, citing financial risks from rapid credit expansion alongside the rise of shadow banking activity.
Adrian Mowat, JPMorgan Securities, explains his firm bearish stance on three of China's largest sectors and recommends the banks as a short.
Aaron Freedman, Moody's, explains why the death of Venezuelan President Hugo Chavez will not have an immediate impact on the country's sovereign rating.
Former British Prime Minister Tony Blair speaks exclusively with CNBC Chief International Correspondent Michelle Caruso-Cabrera at the 2013 YPO Global Leadership Summit in Istanbul about the United States putting arms into Syria and the recent U.K. downgrade from Moody's.
The "Squawk on the Street" news team reports on today's top businesses headlines, including the Dow and S&P nearing all-time highs; JC Penney's larger-than-expected fourth quarter loss; and two big banks downgrading Groupon.
David Riley, Fitch Ratings, explains how the implementation of automatic spending cuts may threaten the nation's AAA credit status.
Britain's finance minister, George Osborne, says markets are still confident in his austerity policies, despite the Moody's downgrade on Friday.
Lawrence Lindsey, The Lindsey Group CEO, discusses what he is telling investors about the potential downgrade of U.S. debt and deficit deals.
Moshe Orenbuch, Credit Suisse, discusses the challenges facing BofA, and reveals his top bank picks for 2013.
With sluggish growth, an expanding budget deficit and fears of a downgrade, the U.K finance minister will next week use his Autumn Statement to update his plans for the economy with predictions emerging that a tax crackdown on multinationals could be on the cards.
CNBC's Michelle Caruso-Cabrera reports on Europe's market-moving activities, as Moody's downgrades France's credit rating, and Credit Suisse plans to restructure its investment banking division.
Ben Lichtenstein, President, Tradersaudio.com thinks the recent French ratings downgrade could lead to a repetitious cycle of further downgrades, including one for the U.S.
Joseph Foresi, Janney Montgomery Scott analyst, explains why he has a "neutral" rating on "Big Blue" and a $211 price target.
Sean Egan, Egan-Jones Ratings Company, defends his company against charges that it misrepresented the companies it rated, and provides perspective on how it rates companies.
Michael Olson, PiperJaffray analyst, explains why he downgraded the social gaming company to "Neutral" and placed a three dollar price target on the shares, and CNBC's Gary Kaminsky reports creators of the game, "Words With Friends" is leaving Zynga.
Bank of America downgraded Netflix to "Underperform" citing concerns over the health of the domestic streaming business at the company, with the FMHR traders.