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Credit Credit Ratings

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  • A tax-hating state businesses have grown to love Wednesday, 24 Jun 2015 | 7:09 AM ET
    South Dakota Gov. Dennis Daugaard

    Low taxes is one of four reasons South Dakota Gov. Dennis Daugaard claims the Mount Rushmore state is a top destination for business.

  • June 18- General Motors Co said on Thursday that Fitch Ratings had raised the credit ratings of both GM and GM Financial to investment grade. The new ratings are' BBB negative' with a stable outlook, GM said. Fitch, the last of the three major ratings agencies to bring GM's credit ratings to investment grade, cited a "fundamental improvement" in the company's core...

  • Russia will see flat growth over next few years: Moody's Thursday, 18 Jun 2015 | 12:40 AM ET
    Russia will see flat growth over next few years: Moody's

    While recent monetary policy actions have been supportive, Russia's economy remains in a weaker position, says David Staples, managing director at Moody's.

  • UK risks bowing to party politics: S&P's Kraemer Monday, 15 Jun 2015 | 2:15 AM ET
    UK risks bowing to party politics: S&P official

    Moritz Kraemer, chief sovereign rating officer at S&P, explains why the U.K.'s credit rating could be downgraded.

  • S&P revises UK outlook to negative from stable Friday, 12 Jun 2015 | 12:14 PM ET
    David Cameron

    The ratings agency cited risks posed by the country's potential departure from the European Union after its recent election.

  • Here's how we help the middle class Thursday, 11 Jun 2015 | 7:00 AM ET

    The average American consumer needs better credit options so they can build a nest-egg for a more secure future, says Elevate CEO Ken Rees.

  • Moody's downgrades Chicago debt to 'junk' Tuesday, 12 May 2015 | 5:02 PM ET
    Skyline of Chicago

    Moody's downgraded Chicago's credit rating down to junk level "Ba1" from "Baa2."

  • Australia's AAA rating not in danger: Hockey Friday, 1 May 2015 | 12:12 AM ET
    Australia Treasurer Joe Hockey

    Australia won't lose its coveted triple-A rating, its Treasurer said, slapping down speculation the country might face its first downgrade in 26 years.

  • Greece gets junkier: Moody's cuts rating Wednesday, 29 Apr 2015 | 8:27 PM ET
    People are seen in front of a Eurobank branch in Athens, Greece, March 19, 2015.

    Moody's cut Greece's credit rating deeper into junk territory amid uncertainty over whether it will reach a deal with its international lenders in time.

  • April 28- McGraw Hill Financial Inc reported a better-than-expected quarterly profit, driven by growth in its Standard& Poor's ratings services business as high-grade bond offerings rose. McGraw Hill, whose rivals include Moody's Corp's Moody's Investors Service and Fitch Ratings, reaffirmed its adjusted full-year profit forecast of $4.35- $4.45 per...

  • Japan’s downgrade: Why no one seems to care Tuesday, 28 Apr 2015 | 2:06 AM ET

    Japan's already less-than-sterling credit rating took a hit from Fitch's downgrade, but its bonds and currency are set to stay impervious to the blow.

  • S&P downgrades Puerto Rico to CCC+ from B Monday, 27 Apr 2015 | 9:51 AM ET
    A man walks past a vacant building in the Santurce neighborhood of San Juan, Puerto Rico.

    Standard & Poor's downgraded Puerto Rico's general obligation rating to "CCC+" from "B" in a Monday morning announcement.

  • Fitch downgrades Japan, warns on fiscal policy Monday, 27 Apr 2015 | 5:55 AM ET

    Fitch Ratings downgraded Japan's credit rating by one notch, the agency said on Monday.

  • TOKYO, April 27- Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase, the agency said on Monday. Fitch cut its rating on Japan by one notch to A, which is five notches below the top AAA rating. Last year Moody's Investors Service downgraded Japan to...

  • Why iron-ore won’t snatch Australia’s AAA Thursday, 23 Apr 2015 | 12:49 AM ET

    Iron-ore's plunge has put Western Australia's credit rating under pressure, but that's not likely to imperil Australia's AAA just yet, analysts said.

  • These iron ore players face metal fatigue: Goldman Sunday, 19 Apr 2015 | 8:43 PM ET
    Bars of pig iron sit on the dockside ahead of export at the Port of Mariupol, one of Ukraine's biggest commercial sea ports, in Mariupol, Ukraine.

    Iron ore's price plunge is likely to start claiming corporate casualties among the industry's smaller players, Goldman Sachs said.

  • S&P on Greece: ‘It’s a race against the clock’ Thursday, 16 Apr 2015 | 12:20 PM ET
    Protesters take part in an anti-austerity pro-government demonstration in Athens.

    One day after a credit rating downgrade by S&P, a leading figure at the agency has detailed his concerns about the lack of progress between Greece and its creditors.

  • S&P cuts Greece rating, outlook 'negative' Wednesday, 15 Apr 2015 | 12:56 PM ET
    The national flag of Greece and the flag of the European Union fly above a government building in Athens.

    Standard & Poor's on Wednesday cut Greece's credit rating from "CCC+" from B- with a negative outlook, citing liquidity pressures.

  • Brazil rating outlook cut by Fitch on rising debt Thursday, 9 Apr 2015 | 11:53 AM ET
    Rio's iconic Maracana Stadium lit at dusk behind a shanytown.

    Fitch Ratings lowered its outlook for Brazil's long-term foreign and local currency issuer default ratings to "negative" from "stable."

  • Thumbs up: Moody's upgrades India's credit outlook Thursday, 9 Apr 2015 | 12:20 AM ET
    Construction site in India

    Moody's Investors Service raised the outlook on India's Baa3 credit rating to "positive" from "stable" on Thursday.