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
Jamie Dimon faces the Senate Banking Committee; Dick Clark Productions up for sale; Greek bank withdrawals increase ahead of the election; Spain credit rating is slashed; Tim Geithner discusses jobs growth.
Greece and Spain's growing debt problems could become the next big blow to the European markets, as rating agency Egan-Jones downgrades Spain's debt rating into junk territory. Gemma Godfrey, Brooks Macdonald Asset Management, weighs in.
CNBC's Kelly Evans reports European stocks are on track for their biggest weekly decline since November, as fear about Greece and Spain grow and Moody's downgrades 16 Spanish banks, including the euro zone's largest bank, Banco Santander.
Up to 20 of Europe’s top banks will on Wednesday discuss a plan to foil the dominance of the much criticized big three credit agencies at a private meeting of finance directors in Frankfurt. The FT reports.
Barton Biggs, Traxis Partners, discusses his outlook on the markets amid Spain's recent downgrade and a lighter-than-expected GDP number.
Bryan Jordan, First Horizon National CEO, discusses today's downgrade by Morgan Stanley and the outlook for his regional bank, with Mad Money's Jim Cramer.
Standard & Poor's warned on Monday it could lower Japan's sovereign rating if the economy expands less than expected or if public debt continues to grow, as the country's unpopular government struggles to win support for higher taxes.
What impact will a Moody's downgrade have on banks and capital markets? Brad Hintz, Sanford Bernstein research analyst, provides perspective
Amazon shares fell 5% on the heels of a Morgan Stanley downgrade. Is this a buying opportunity for investors? The Fast Money crew has the trade on the tech giant.
Scott Kessler, S&P Capital IQ, discusses his downdgrade of CRM, saying the company faces greater competitive challenges, and trades at nearly a 20% premium to its peers. Despite the downgrade, Salesforce shares are up 30% year-to-date.
Shaw Wu, Stern Agee defends his downgrade on Dell to "underperform" on limited upside potential, and overexposure in the PC market, explaining the company is "fundamentally challenged," with the Fast Money traders.
Greek lawmakers continue to rangle over the country's austerity measures. Will recent events inspire investors to get out of the market? David Darst, Morgan Stanley Smith Barney, and Meg McClellan, J.P. Morgan Private Bank, discuss.
Corning was downgraded to "underweight" at Morgan Stanley because of competition and chronic oversupply. So, what's the trade on the stock? The Fast Money traders, weigh in on that, and Rio Tinto's 51% stake in Invanhoe mines.
Rich Repetto, Sandler O'Neill, discusses ETrade's downgrade to "hold" & lowering expectations by 24% in 2012, and the outlook for e-brokers.
The US is at the top of the list of downgrade candidates because its debt and deficit troubles are unlikely to be resolved with the political infighting in Washington, a new study says.
Sean Egan, Egan-Jones Ratings Company president & managing director, discusses Germany's downgrade, amid growing debt and borrowing costs.
Mad Money host Jim Cramer discusses Europe's strategy to get out of its debt crisis, and why U.S. markets rally, despite EU downgrades.
Will passenger confidence and investor confidence in the cruise industry ever be the same? Joel Simkins, Credit Suisse analyst, discusses the recent downgrades for Carnival and the outlook for industry, in the wake of the Italian cruise ship disaster.
Standard & Poor's said Monday it has downgraded the creditworthiness of the euro zone's rescue fund by one notch to AA+, putting the fund's ability to raise cheap bailout money at risk.
Most of the European countries should be rated triple-C and the U.S. "should not be a "triple-A-minus but a triple-B or junk bond when you really analyze the unfunded liabilities that will come due in future," investor Marc Faber told CNBC Friday.