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
Bed Bath & Beyond warned that its first-quarter earnings would be below Wall Street's consensus estimate. This morning Goldman Sachs cut its rating on the retailer to neutral from buy and lowered its price target by $5 to $40.
Private equity is all the rage -- and while financial services companies typically have been shielded from such deals, that is beginning to change. KBW, a boutique investment bank specializing in financial services companies, recently penned a report that revealed possible private equity targets.
"In addition, while the new senior management team has articulated a turnaround plan, it remains to be seen how the plan will impact future operating performance," Moody's said.
Today, Cramer tells callers what he thinks of Boston Scientific, Moody's, McDonald's, Noble Energy and more.