GO
Loading...

Moody's Corp

More

  • Oncor avoided bankruptcy because of a credit provisions called a ring-fence put in place in 2007 to satisfy Texas legislators and regulators worried about the $40 billion debt created in the leveraged buyout by a group of private equity firms led by KKR& Co LP.

  • WASHINGTON, April 30- The U.S. Securities and Exchange Commission is pursuing potential enforcement actions against credit-rating agencies over disclosure violations as the regulator turns to new targets now that few cases remain from the financial crisis, the SEC's top enforcement chief said Wednesday.

  • Moody's predicts further wave of healthcare deals Tuesday, 29 Apr 2014 | 9:11 AM ET

    The Swiss drugmaker agreed to trade more than $20 billion worth of assets with GlaxoSmithKline Plc, with Novartis aiming to boost its cancer business while GSK sought to bolster its position in vaccines. Novartis also sold off its animal health division to Eli Lily and Co..

  • *Reaffirms full-year earnings view of $3.90- $4.00/ shr. April 25- Credit rating agency Moody's Corp reported a stronger-than-expected quarterly profit, driven by higher income from its analytics unit.

  • Ukraine fears to hit Wall Street; Ford miss weighs Friday, 25 Apr 2014 | 8:35 AM ET

    U.S. stock index futures signaled a lower open on the last day of the week, as fears about the Ukraine-Russia situation resurged.

  • Early movers: F, WMT, SBUX, AMZN & more Friday, 25 Apr 2014 | 7:50 AM ET

    Some of the names on the move ahead of the open.

  • Here's what will drive stocks this week Sunday, 20 Apr 2014 | 4:46 PM ET

    About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre.

  • District Judge David Carter in Santa Ana, California, nonetheless gave S&P, a unit of McGraw Hill Financial Inc, access to evidence that the lawsuit may have been in retaliation for the agency's Aug. 5, 2011 decision to lower the U.S. credit rating to "AA-plus" from "triple-A."

  • April 15- A federal judge on Tuesday rejected a request by Standard& Poor's to split up the U.S. government's $5 billion lawsuit accusing it of lying about its credit ratings, paving the way for a single trial in the civil fraud case.

  • BOSTON, April 9- Templeton Global Bond Fund manager Michael Hasenstab, who has a multibillion-dollar bet on Ukraine bonds, says he is confident the country can flourish over the next decade and that the international community can put together a reform package to solve any short-term liquidity and solvency issues.

  • BOSTON, April 9- Templeton Global Bond Fund manager Michael Hasenstab, who has a multibillion-dollar bet on Ukraine bonds, expressed confidence in newly released commentary that the country can flourish over the next decade and the international community can put together a reform package to solve any short-term liquidity and solvency issues.

  • LARES, Puerto Rico, April 9- Mattress maker Angel Lopez is both a problem and an opportunity for the Puerto Rican government. The Lopez dilemma is playing out across Puerto Rico, which is a U.S. territory in the Caribbean.

  • CHICAGO, April 8- A bill aimed at boosting funding for two of Chicago's retirement systems breezed through the Democrat-controlled Illinois House and Senate on Tuesday and now heads to Governor Pat Quinn, who has not yet taken a position on the measure.

  • U.S. wants one trial in $5 bln fraud case vs S&P Tuesday, 8 Apr 2014 | 11:10 AM ET

    Last month, S&P proposed holding two trials, with the first focused on just 17 securities out of the roughly 160 at issue, where Citigroup Inc was alleged to have suffered losses.

  • LONDON, April 7- A decision by Glencore Xstrata to abandon the sale of it Peruvian copper mine Las Bambas would likely enhance the long-term growth of the mining group, but could put its credit rating under pressure, Moody's Investors Service said.

  • HOUSTON/ NEW YORK, April 6- High-yielding energy partnerships have lured billions in capital from investors in the past few years and the returns have often matched or beaten expectations.

  • BEIJING, April 3- China's rating agencies are likely to keep a long-held assumption of government bailouts built into most ratings despite the country's first domestic bond defaults and warnings from Beijing that there is no blanket guarantee of support.

  • CHICAGO, April 1- Chicago Mayor Rahm Emanuel proposed raising property taxes and reducing retirement benefits for some city workers in order to ease a severe pension funding problem, according to details of the plan released by his office on Tuesday. Chicago warned that the two systems face insolvency within nine to 17 years.

  • CHICAGO, April 1- Facing a growing pension funding problem, Chicago Mayor Rahm Emanuel proposed raising property taxes and reducing retiree benefits for some city workers, according to local newspaper reports on Tuesday.

  • Chart of the day: Top 5 cash hoarders Monday, 31 Mar 2014 | 1:42 PM ET

    Cash is king in America as companies hoard more cash than ever before, according a new report from Moody's that examined nonfinancial companies.