Moody's downgrades Sprint rating... it downgraded ratings for Sprint Nextel Corp. because it is taking longer than expected to stanch a deterioration in its profit. Moody's downgraded the wireless service company's corporate family and probability of default ratings further... |
Royal Bank of Scotland sells $7 bln notes in 2 parts...Rate. It also included $2 billion of 3-year fixed-rate notes priced to yield 80.5 basis points over comparable U.S. Treasuries, according to IFR. The lead manager on the sale was RBS. (Reporting by Caryn Trokie ; Editing by Dan Grebler ) |
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Reuters | 3 hours ago
Moody's cuts Sprint-Nextel rating, citing earnings
...recognized improvements in customer service, amid intense competition and slowing industry growth," said Moody's analyst Dennis Saputo in a report. Moody's said that AT&T Inc <T.N> and Verizon Communications Inc <VZ.N> pose the greatest...
In this article: Sprint, Moody's, Cash flow, AT&T Inc, and Verizon Communications Inc
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Reuters | 4 hours ago
RBS to sell $7 bln debt with UK govt guarantee-IFR
...said IFR, a Thomson Reuters service. It will sell $2 billion of 3-year fixed-rate notes at mid-swaps plus 26 basis points. RBS is lead manager on the sale, expected to price later Friday. (Reporting by Ciara Linnane ; Editing by...
In this article: Royal Bank of Scotland, UK, and Thomson Reuters
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Reuters | 4 hours ago
UPDATE 4-Ohio sues Moody's , S&P , Fitch for inflated ratings
...reporters. "They traded in their objectivity, and in exchange received massive profits." S&P is owned by McGraw-Hill Cos <MHP.N>, Moody's by Moody's Corp < MCO.N> and Fitch by France 's Fimalac SA <LBCP.PA>. Friday's lawsuit in federal...
In this article: Standard & Poor's, Moody's, Fitch, Richard Cordray, First Amendment, Ohio, NEW YORK, and Allegation
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washingtonpost.com | 5 hours ago
Goldman Sachs to take out garbage at Thanksgiving
...chef Marc Spooner , a winner of the Food Network 's "Chopped" TV contest and the caterer's chef de cuisine. Three hundred employees of Goldman Sachs Group Inc. , Wall Street 's richest firm, have volunteered for the holiday feast and will be...
In this article: Goldman Sachs, The Salvation Army, New York, The Bronx, Wall Street, Green bean, and Gravy
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scotsman.com - Latest Scottish News | 7 hours ago
RBS loses disabled teen case appeal
Judge John Dowse ruled at Sheffield County Court in January that the bank had breached the disability act. Richard Lissack QC , for RBS , argued at the Court of Appeal that the judge had got it wrong in relation to the part of the act...
In this article: Royal Bank of Scotland, Sheffield, Muscular dystrophy, and Supreme Court
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Times Online | 8 hours ago
Royal Bank of Scotland loses landmark wheelchair access appeal
...Allen, 18, who was awarded GBP6,500 damages. Mr Allen , who has muscular dystrophy , took legal action after the Royal Bank of Scotland (RBS ) failed to install wheelchair access at its Church Street branch in Sheffield , where he is studying...
In this article: Royal Bank of Scotland, Sheffield, Disability Rights Commission, Muscular dystrophy, and Supreme Court
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Reuters | 10 hours ago
CORRECTED - Moody's may cut Deutsche Bank ratings on credit risk
...Bank's credit profile has certain weaknesses that make the bank less well positioned for a B financial strength rating, Moody's said. Moody's said their review will incorporate the expectation that Deutsche Bank and other banks globally will...
In this article: Moody's and Deutsche Bank AG
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Reuters | 1 day ago
Politics weighs on Argentina credit ratings - Moody's
...the country less able to cope with the impact of economic shocks," Gabriel Torres , a senior analyst for Moody's said at a conference in Buenos Aires. Moody's currently rates Argentine sovereign debt B3, one of the lowest among...
In this article: Argentina, Moody's, Inflation, and Buenos Aires
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Sydney Morning Herald - Business | 1 day ago
Moody's will play, but S&P takes its bat and ball
...are $24 billion worth of hybrid securities affected. The bigger question is to what extent will the Moody's new stringent criteria, or Standard & Poor's abandonment of the retail market, affect those issuing these quasi-debt paper...
In this article: Moody's, Standard & Poor's, Jodee Rich, Defendant, Australian Securities and Investments Commission, Commonwealth Bank, and New Zealand
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Reuters | 2 days ago
UPDATE 2-MOVES- Citi , JPMorgan , Allied Irish Banks
... Middle East and Africa , according to an internal memo seen by Reuters. For more details [nN18130860] JPMORGAN CHASE & CO < JPM.N> JPMorgan < JPM.N> appointed Jesper Koll, a former Merrill Lynch economist, to head its Japanese equity...
In this article: Jpmorgan, Allied Irish Banks, ICMA, Citigroup, Europe, Investment Management, Brian Cowen, and Merrill Lynch
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MarketWatch.com - MarketPulse | 2 days ago
Moody's upgrades B. of A. unit, outlook stable
...( BAC 16.33, +0.56, +3.55%) primary bank subsidiary. /quotes/comstock/13*! bac /quotes/nls/ bac Bank Of America Corporation ( BAC ) /marketstate/country/ The market is open3:24:49 pm The market is closed3:24:49 pm Diary of a...
In this article: Bank of America, Moody's, Recession, and MarketWatch
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Reuters | 2 days ago
Moody's cuts UBS, cites loss of client confidence
...<UBSN.VX> <UBS.N>, citing challenges the Swiss bank faces from a loss of customer confidence and declining investment banking revenues. Moody's cut UBS 's deposits and senior debt ratings one notch to Aa3, the fourth highest investment grade,...
In this article: UBS, Moody's, Revenue, Risk management, Tax, Subordinated debt, and U.S.
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Reuters | 2 days ago
Moody's raises Wells Fargo & Co 's bank rating
Moody's Investors Service on Wednesday upgraded its bank financial strength rating on Wells Fargo & Co < WFC.N> by one notch, citing an improved capital position after the bank's earnings beat expectations. Moody's raised the bank...
In this article: Moody's, Wells Fargo, Subordinated debt, and Wachovia
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Reuters | 2 days ago
UPDATE 1-RESEARCH ALERT- Goldman Sachs cuts Target to neutral
...expenses are coming in above our prior expectations, and credit delinquencies are likely to tick higher, given current delinquency trends," Goldman Sachs analyst Adrianne Shapira wrote in a note dated Nov. 17. Whether or not Wal-Mart 's...
In this article: Target Corp, Wal-Mart, Goldman Sachs, Cheesecake Factory Inc, Black Friday, and U.S.
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Reuters | 7 days ago
Moody's cuts Assured Guaranty Corp one notch to Aa3
...have also fallen off significantly, though Assured has a strong competitive position in the U.S. municipal market, Moody's said. JP Morgan analyst Andrew Wessel said the one-notch downgrade was a key level for Assured to continue to write...
In this article: Moody's, J.P. Morgan, Structured finance, and U.S.
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CNET News.com | 7 days ago
Google adds World Bank data to search results
...an interactive chart letting you compare the U.S. with other countries. Since Wednesday, Google has been tapping into data from the World Bank to provide key details and interactive charts on specific topics along with its own search...
In this article: Google, World Bank, U.S., The World Bank, Google search, CNET, and Twitter
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AP Online | 7 days ago
World Bank president: inflation a risk to recovery
...must handle their monetary and currency policies carefully to avoid unleashing a wave of potentially destabilizing inflation , World Bank President Robert Zoellick said Friday. The U.S. and European economies, which are barely...
In this article: Robert Zoellick, Inflation, World Bank, Federal Reserve, Asia-Pacific Economic Cooperation, Singapore, U.S., China, Asia, and Beijing
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washingtonpost.com | November 11, 2009
World Bank warns unemployment threatens US economy
...threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession , World Bank President Robert Zoellick said Wednesday. Zoellick warned that the U.S. unemployment rate,...
In this article: Robert Zoellick, Unemployment, World Bank, U.S., Singapore, and Recession

