NEW YORK— Fitch Ratings Service downgraded Alcoa's credit rating to "junk" status on Friday, saying it thinks the company's leverage will stay high and aluminum prices and profitability will remain low. High levels of aluminum supplies have hurt Alcoa's prices, and the company has repeatedly cut its smelting capacity in response.» Read More
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.
The "Squawk on the Street" news team report on the market moving stories of the day; including Mitt Romney's choice for running mate, Paul Ryan; discussing whether the market melt-up can continue; and weighing in on whether high-multiple defensive stocks have topped out.
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.
Cramer shares six stocks to watch, and reveals them in under 60 seconds; including Dow Chemical, NETGEAR, Sprint, Exxon Mobil, and Colgate-Palmolive.
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.
The "Squawk on the Street" news crew reports on all the market moving stories today, including an earnings beat and restatement of first quarter results from JPMorgan; Moody's downgrade of Italian government bonds; and speculation about an Amazon smartphone, and the stiff competition it faces from Apple.
CNBC's Kelly Evans reports on all the market moving events from Europe, including returns on Italian bonds, and whether the IMF will issue more financial support to Greece.
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.
John Gapper, "A Fatal Debt" author, discusses his new book about Wall Street's high rollers and the impact of the financial crash on banks, and ensuing layoffs.