U.S. bonds edged lower on Tuesday, ahead of the publication of more factory data.» Read More
New York Attorney General Andrew Cuomo on Thursday reached agreements with Moody's Investors Service, Standard & Poor's and Fitch Ratings that will change the way credit rating agencies are paid by investment banks for reviewing mortgage-backed securities.
Moody's Investors Service and other rating agencies have signed an agreement with New York Attorney General Andrew Cuomo addressing rating practices, including fees, Moody's Chairman Ray McDaniel said Thursday.
Credit rating agencies will be banned from helping to design products they also grade as part of a tougher industry code of conduct to tackle issues raised by the U.S. subprime mortgage crisis such as conflicts of interest.
McGraw-Hill, which owns ratings agency Standard & Poor's and news magazine BusinessWeek, said Tuesday it will cut 395 jobs and take a $23.7 million charge to pay for the layoffs.
Following are the day’s biggest winners and losers. Find out why shares of Dell and Fluor popped while True Religion and Western Refining dropped
Connecticut's Attorney General Richard Blumenthal tells Bloomberg he's investigating a possible conflict of interest involving Warren Buffett's Berkshire Hathaway. Berkshire owns a big stake in the credit rating agency Moody's, which recently gave Berkshire's new bond insurer its highest rating, a triple-A.
A steady stream of downbeat news seemed to leave the market unmoved for most of the week -- until the bluest of the blue chips, General Electric, posted first-quarter earnings that missed Wall Street expectations by seven cents per share, and lowered its full-year guidance.
Where's an investor to turn, surrounded by the uncertainty of dismal economic numbers and weak corporate earnings and projections?
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
McGraw Hill Companies posted fourth-quarter earnings that missed analysts' expectations by 9 cents per share, as revenue from credit market services tumbled. The diversified information services provider's CEO told CNBC he expects a challenging first half of 2008 -- but with a better performance in the second half.
Even in an uncertain market, there are always opportunities to make money.
The first days of the New Year bring Citigroup's Citi Investment Research Top Picks: The bank polled each of its fundamental analysts on a single best money-making idea for 2008, with the option of an additional small-cap pick. Citi says its 2007 list produced an average share price return of 16.7 percent, well ahead of the Standard and Poor's 500 average of 4.2 percent.
McGraw-Hill reported an 18 percent rise in third-quarter profit on Thursday, helped by rising textbook sales and strong growth in international bond ratings at its Standard & Poor's unit.
Publisher McGraw-Hill Cos is replacing the president of Standard & Poor's, the company's financial services division, effective immediately, amid questions about the role of credit-rating agencies in the subprime mortgage crisis.
Publisher McGraw-Hill is replacing the president of Standard & Poor's, the company's financial services division, effective immediately, amid questions about the role of credit-rating agencies in the subprime mortgage crisis.
Beneath a fairly quiet August day with unexceptional volume, the markets continued to reveal an underlying nervousness.
If there's going to be a buyout in telecom, Cramer says it should be Sprint.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
It's taken more than seven years for the index to break the record closing high of 1,527.46 set in January 2007.
Mark from Texas wants to know about Posco (PKX), the world's third-largest steelmaker. He wonders why PKX appears to trade at a discount to its peers in the sector?
Terry McGraw, chairman and CEO of McGraw-Hil, told CNBC’s “Squawk Box” that first quarter earnings growth was led by a strong performance in financial services and education.