S&P said in a report that Trian was advocating share buybacks "beyond our current expectations."» Read More
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.
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 downgraded Chicago's credit rating down to junk level "Ba1" from "Baa2."
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.
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 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.