S&P has a BB+ rating on Yahoo!, which has trailed its rivals amid high-level defections and doubts over the management's ability to turn a corner.» Read More
Alastair Wilson, managing director at Moody’s Global Sovereign Risk Group, says they’re seeing jittery markets and big shifts in capital flows, driven by things that shouldn’t matter.
Top US banks like Citigroup, Bank of America, Goldman Sachs and JPMorgan Chase, may see their credit ratings cut by S&P - here's why.
Certified financial planner Anthony Canale explains what a credit score is, how it impacts your life and why you should work to improve yours.
RIO DE JANEIRO, Sept 11- Standard& Poor's decision to strip Brazil of its investment-grade credit rating puts pressure on competing ratings firms to follow suit, but the government still has time to avert another downgrade to junk which would cost billions of dollars in foreign investment. While an overwhelming majority of economists polled by Reuters...
RIO DE JANEIRO, Sept 11- Standard& Poor's decision to strip Brazil's of its investment-grade credit rating puts pressure on competing ratings firms to follow suit, but the government still has time to avert another downgrade to junk which would cost billions of dollars in foreign investment. While many analysts consider it a matter of time before Fitch Ratings...
How much do natural disasters like earthquakes or floods cost a country? Well, from a credit worthiness perspective, as much as a downgrade of two-and-a-half notches, according to S&P.
Tan Kim Eng, senior director at Standard & Poor's Ratings Services, explains whether the volatile fluctuations in Asian currencies could impact the credit ratings of countries in the region.
ATHENS, Aug 18- Ratings agency Fitch upgraded its credit rating for Greece by one notch on Tuesday, saying the latest bailout deal the country struck with its foreign lenders reduced the chance of default. Greece and its European and IMF lenders reached an 85 billion euro bailout agreement last week after nailing down the terms of new loans needed to save the...
Fitch Ratings upgraded Greek debt to CCC from CC, the ratings agency said Tuesday.
Aug 11- Standard& Poor's on Tuesday said it may downgrade Warren Buffett's Berkshire Hathaway Inc because the company plans to spend a large amount of its cash to finance its roughly $32.3 billion purchase of aerospace parts maker Precision Castparts Corp.. S&P analyst Laline Carvalho wrote that the agency may lower the rating by one or two notches within 90...
Casino hub Atlantic City had its credit rating cut Monday amid concerns about a dissolving tax base and fiscal reforms.
S&P's head of sovereign ratings, John Chambers, emphasized Greece's continued risk of default and said there are no good solutions.
Pavle Sabic, director of market development at S&P Capital IQ, discusses its league table that assesses credit risk at the top soccer clubs.
Wayne Gordon, commodities and FX strategist at UBS Wealth Management, explains whether fresh corruption allegations surrounding Prime Minister Najib Razak will weigh on the ringgit.
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...
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...
While recent monetary policy actions have been supportive, Russia's economy remains in a weaker position, says David Staples, managing director at Moody's.
Moritz Kraemer, chief sovereign rating officer at S&P, explains why the U.K.'s credit rating could be downgraded.
The ratings agency cited risks posed by the country's potential departure from the European Union after its recent election.