NEW YORK— RadioShack's credit rating was downgraded by Fitch Ratings Friday, a day after the electronics retailer warned it may need to file for Chapter 11 bankruptcy protection. Fitch said cut RadioShack's issuer default rating one notch to "C'' from" CC, "which puts the retailer's credit rating one level above default.» Read More
David Riley, Fitch Ratings, explains how the implementation of automatic spending cuts may threaten the nation's AAA credit status.
Britain's finance minister, George Osborne, says markets are still confident in his austerity policies, despite the Moody's downgrade on Friday.
Lawrence Lindsey, The Lindsey Group CEO, discusses what he is telling investors about the potential downgrade of U.S. debt and deficit deals.
Moshe Orenbuch, Credit Suisse, discusses the challenges facing BofA, and reveals his top bank picks for 2013.
With sluggish growth, an expanding budget deficit and fears of a downgrade, the U.K finance minister will next week use his Autumn Statement to update his plans for the economy with predictions emerging that a tax crackdown on multinationals could be on the cards.
CNBC's Michelle Caruso-Cabrera reports on Europe's market-moving activities, as Moody's downgrades France's credit rating, and Credit Suisse plans to restructure its investment banking division.
Ben Lichtenstein, President, Tradersaudio.com thinks the recent French ratings downgrade could lead to a repetitious cycle of further downgrades, including one for the U.S.
Joseph Foresi, Janney Montgomery Scott analyst, explains why he has a "neutral" rating on "Big Blue" and a $211 price target.
Sean Egan, Egan-Jones Ratings Company, defends his company against charges that it misrepresented the companies it rated, and provides perspective on how it rates companies.
Michael Olson, PiperJaffray analyst, explains why he downgraded the social gaming company to "Neutral" and placed a three dollar price target on the shares, and CNBC's Gary Kaminsky reports creators of the game, "Words With Friends" is leaving Zynga.
Bank of America downgraded Netflix to "Underperform" citing concerns over the health of the domestic streaming business at the company, with the FMHR traders.
CNBC's Ross Westgate reports on all the market moving events from Europe, including whether Moody's will downgrade the country's credit rating to junk status.
Despite the recent run up in big banks, Brennan Hawken, UBS equity analyst, explains why now is the time for investors to move to the sidelines.
CNBC's Hampton Pearson reports if Congress does not reach a budget deal, it could trigger a downgrade by Moody's.
A survey of credit conditions in each of the 50 states found a considerable difference in the credit profiles of the best and worst states.
A year after the S&P downgrade, the debt is still growing, the economy may be even shakier than last year, and Congress faces another wave of policy paralysis.
Morgan Stanley’s big second-quarter earnings miss is a result of abysmal trading results and not a botched initial public offering of Facebook shares.
CNBC's Jane Wells reports on the ripple effect when municipalities file for bankruptcy and the impact on local towns and cities, particularly in California.
When a consumer’s credit score drops, it is hard to recover financially. Wall Street firms could face the same fate. The New York Times reports.
The mass downgrades of major global banks by ratings agency Moody’s Thursday night don’t appear to have caused the downwards market movements one might have expected.