Moody's cut Brazil's credit rating to near-junk status on Tuesday but said the country's coveted investment grade status is safe for now, proving some relief to President Dilma Rousseff.» Read More
Following are the week’s biggest winners and losers. Find out why shares of AIG and General Mills popped while Dell and Freeport-McMoRan dropped.
As we approach another quarter and month end, with just four days to go, the Dow is on track for its best third quarter since 1939, the S&P is on course for its biggest Q3 gains since 1970, and the Nasdaq Composite is having its best Q3 since 1997, based on September 24 closing levels. Will the markets continue to hold on to gains or sell off by the end of the year?
Ratings agencies need to adopt universal standards to prevent the kinds of abuses that helped fuel the collapse of the credit markets, an industry whistleblower told CNBC.
Following are the day’s biggest winners and losers. Find out why shares of A123 Systems and American Greetings popped while Moody's and Electronic Arts dropped.
With a number of stocks reaching pre-Lehman levels, is the current turn lower a watershed moment for the market?
Following are the day’s biggest winners and losers. Find out why shares of Royal Caribbean and Lowe’s popped while US Airways and Moody’s dropped.
Following are the day’s biggest winners and losers. Find out why shares of American Airlines and Monster Worldwide popped while Lennar and Abercrombie & Fitch dropped.
Out here in Germany the debate about bad banks is heating up. Is our model actually working? Is the shifting of toxic assets from banks’ balance sheets into as specially created bad banks, the right answer to stabilize the financial system?
Not too many people can honestly say they saw the Wall Street crisis coming. Hear from someone who can!
They were at the heart of the credit crisis, but still we trust them. Why?
With shares of Fannie Mae up a whopping 150% over the last month, has the dash for trash run its course?
A recent court ruling that forced two ratings companies to defend fraud claims is a "game-changer" for the industry, said David Einhorn, head of Greenlight Capital.
Warren Buffett's Berkshire Hathaway sold almost 800-thousand shares of Moody's this week, reducing its stake in the credit rating agency slightly to 16.6 percent from 17.0 percent just over a month ago. But Moody's stock slide yesterday could discourage Buffett from pulling the trigger on more sales in the very near-term.
Investors all but bare their teeth at the mention of ratings agencies, after losing their shirts in the credit crisis. But the chickens may be coming home to roost!
Warren Buffett's Berkshire Hathaway was doing more selling than buying of stocks during the second quarter, but there is one new holding: New Jersey-based medical technology company Becton Dickinson. Berkshire also added to its stake in Johnson & Johnson, although the holdings are still well below where they were before Buffett sold over 33 million shares last fall.
A hot July for stocks has set the stage for a rally that should run right into August.
Wall Street's bull just won't give up, even in the face of crumbling support from oil and the dollar.
Following are the day’s biggest winners and losers. Find out why shares of Massey Energy and Lazard popped while ArcelorMittal and Sprint Nextel dropped.
Stocks declined Wednesday as weak demand for today's Treasury auction and a sharp drop in oil prices dragged on the market. A disappointing durable-goods report didn't help either.
Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.