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
Standard & Poor's lowered its outlook on the United States, kiwis fell, and Finland is frightening euro traders. Time for your Monday morning FX Fix.
Here’s my nomination for the worst recommendation by the Senate panel on the financial crisis: the proposal for the Securities and Exchange Commission to rate credit ratings agencies based on their “accuracy.”
And no, it's not Goldman Sachs. But he thinks these stocks are a buy.
"The outlandish scenario of a US debt downgrade is no longer the stuff of finance fiction," says the head researcher at at SocGen.