China's online money market funds have transformed how millions of Chinese invest their savings, but some see red flags. The FT reports.» Read More
Asia's banking sector will return to stability this year driven by better economic conditions throughout the region, said Deborah Schuler, senior vice president for financial institutions group at Moody's Investors Service.
Warren Buffett's Berkshire Hathaway continues to trim its stake in Moody's with another reported sale. This latest reduction, however, is relatively small compared to recent days.
Warren Buffett's Berkshire Hathaway has cut its stake in Moody's to 13.5 percent after selling another 3.5 million shares of the credit rating agency.
Berkshire Hathaway stake in Moody's has dropped just below 15 percent, after Warren Buffett's company sold more than 2.7 million shares over two days, raising almost $68 million.
The United States and Britain must take action soon to get their public finances in order if they want to avoid threats to their top triple-A credit ratings, a leading credit ratings agency said Tuesday.
When the financial crisis began, few players on Wall Street looked more ripe for reform than the Big Three credit rating agencies.
In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer. It added almost 18 million shares, currently worth almost $1 billion, in the third quarter.
"There are no fundamentals right now that drive the market," says Joe Terranova, "It's all about technicals."
How can you invest along the same principles as Warren Buffett? James Altucher, managing director of Formula Capital, shared his insights.
Warren Buffett's Berkshire Hathaway unloaded just over one million more shares of Moody's last week after the credit rating agency's stock price rebounded to the mid-$20s.
At the end of September, we looked at analysts' price targets for the S&P 500 to see which stocks had the greatest expected gains in the months ahead. So far, 3 out of the October 1 top 5 and 6 out of the top 10 are trading to the upside. Here is the current list of 15 stocks expected to pop (and another 15 expected to drop).
There’s still a week-and-a-half left in the month, but the markets are currently maintaining yet another month of gains.
Reform of rating agencies is badly needed as there is a culture of carelessness towards the law which needs challenging, Eric Kolchinsky, a former analyst at Moody's who has accused the agency of issuing inflated ratings, told CNBC Friday.
With data from ThomsonReuters, we took a look at which stocks have consensus estimates farthest above their stock prices (as of market close on 9/30/09).
Despite a pull back in the U.S. equity markets last week, the S&P and Nasdaq Composite are having their best September since 1998 so far, while the Dow is on track for its biggest % gain in September since 2007. Even though September ranks as the worst month historically on average for all three indices, the Nasdaq Composite has traded up 12 sessions out of 19 as of Monday's close while the Dow and S&P have finished up 11 days of 19.
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?