*Erdogan adviser sees outflows limited to $2- 3 billion. ISTANBUL, Sept 26- Turkish shares tumbled 4 percent and bonds and the lira weakened sharply on Monday after Moody's cut its credit rating to "junk," raising risks of an outflow of foreign funds and a squeeze on external borrowing. Turkey depends on investment to fund its current account deficit- one of the...
*Turkey eurobonds fall by as much as 3.9 cents. ISTANBUL, Sept 26- Turkish shares tumbled 4 percent while bonds and the lira also weakened sharply on Monday after ratings agency Moody's cut Turkey's sovereign rating to "junk," triggering fears of an outflow of foreign funds. Turkey depends on investment flows to fund its current account deficit- one of the biggest in...
ISTANBUL, Sept 24- Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment. Turkey depends on investment flows to fund its current account deficit- one of the biggest in the G20- and service its...
ISTANBUL, Sept 24- Credit ratings agency Moody's Investor Service has downgraded Turkey's sovereign credit rating to non-investment grade citing worries about the rule of law following an attempted coup, risks from external financing and a slowing economy. The agency, which cut the government's long-term issuer and senior unsecured bond ratings debt to...
Restoration Hardware, JPMorgan Chase and Chipotle are making headlines this Friday morning before the opening bell.
Standard & Poor's lowered Mexico's sovereign credit outlook to negative from stable, adding that a downgrade could happen in the next two years.
Australia faces the prospect of losing its vaunted AAA rating, after S&P Global Ratings lowered the outlook on the country's debt to negative.
Standard and Poor's downgraded ExxonMobil's credit rating from AAA to AA+ because of expectations of continuing low oil prices.
Craig Johnson of Piper Jaffray & Co and Eddy Elfenbein of "Crossing Wall Street" blog discuss Exxon's credit rating cut with Brian Sullivan.
Standard & Poor's has cut Exxon Mobil's credit rating to AA+ from AAA.
CNBC's Jim Cramer discusses Deutsche Bank downgrading Starbucks.
Standard & Poor's lowered the credit rating of BHP and put it on negative watch due challenging market conditions for commodities.
Beaten down metals prices may find some support as China's raw-materials dependent sectors begin to show some modest improvement, Goldman Sachs said.
Maurice Obstfeld, IMF chief economist, discusses the new outlook on global growth, including lower growth for the U.S.
Pressure on global corporate credit ratings is at the worst level since the financial crisis, Standard & Poor's has warned.
Marcelo Claure, Sprint CEO, responds to Moody's recent credit cut and shares the company's turnaround plans.
Chicago debt was downgraded by Moody's to "junk" level. CNBC's Kate Rogers explains.
Robert Peck, SunTrust, explains why he downgraded the social media giant a day before the company reports earnings.
Fitch Ratings downgraded Japan's credit rating by one notch, the agency said on Monday.
Some companies caught up in the Petrobras corruption scandal are pressing Brazil's government to strike a "grand bargain" settlement, sources told Reuters.