Wednesday, 23 May 2012 | Source: The Associated Press
Shares of Ford Motor Co. rose slightly in premarket trading Wednesday, a day after the company won back its blue oval logo, factories and other assets that were pledged as collateral for a massive loan taken out last decade.
Friday, 18 May 2012 | Source: The Associated Press
Concern grew for the stability of Spain's place in the fragile eurozone economy after reports of a rise in the level of bad loans on the books of its banks and word from the government Friday that it may have to revise its 2011 budget deficit upwards for a second time.
Friday, 18 May 2012 | Source: The Associated Press
Moody's Investors Service rating agency has affirmed Maine's bond credit rating but revised it ratings outlook from stable to negative ahead of an upcoming sale of $55 million of bonds.
Friday, 18 May 2012 | Source: The Associated Press
Oil prices fell to near $92 a barrel Friday in Asia, extending a sharp two-week selloff as the latest twists in Europe's debt crisis added to a gloomy economic outlook.
Thursday, 17 May 2012 | Source: The Associated Press
Moody's Investors Service raised its credit rating on clothing company Iconix Brand Group Thursday, citing the company's reduced leverage and the steady cash flow from its brands.
Thursday, 17 May 2012 | Source: The Associated Press
Confidence in Spain's banking sector was shaken Thursday after a newspaper reported that depositors were rushing to withdraw their money from Bankia, a bank that was recently nationalized.
Up to 20 of Europe’s top banks will on Wednesday discuss a plan to foil the dominance of the much criticized big three credit agencies at a private meeting of finance directors in Frankfurt. The FT reports.
PURCHASE, New York (Reuters) - Anti-Wall Street protesters upstaged Morgan Stanley's <MS.N> annual meeting on Tuesday, lobbing tough questions at Chairman and Chief Executive James Gorman and shouting negative comments over a bank official who was attempting to read a tally of shareholder votes.
PURCHASE, New York (Reuters) - Anti-Wall Street protesters upstaged Morgan Stanley's annual meeting on Tuesday, lobbing tough questions at Chairman and Chief Executive James Gorman and shouting negative comments over a bank official who was attempting to read a tally of shareholder votes.
Moody's Investors Service downgraded the long-term debt and deposit ratings for 26 Italian banks on Monday, citing the country's recession and rising bad debt levels.