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Posts related to ‘Standard & Poor's’

As Rebuilding Tapers Off, So Does Japan’s Economy

Posted: October 2, 2012 at 9:01 am

Japan’s recovery from the devastating tsunami and earthquakes of March 2011 have boosted the country’s gross domestic product to real growth of 2% in 2012. But the building boom is ...
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S&P Sees Eurozone Recession Continuing

Posted: September 25, 2012 at 9:06 am

The contracting eurozone economy is getting worse, according to a report today from Standard & Poor’s. Here’s the general point: Recent economic indicators continue to paint a bleak picture for ...
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S&P Drops Chesapeake’s Credit Rating

Posted: May 15, 2012 at 10:01 am

Ratings agency Standard & Poor’s this morning lowered the corporate credit rating of Chesapeake Energy Corp. (NYSE: CHK) from ‘BB’ to ‘BB-’, and put the company on negative credit watch. ...
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S&P Cautions on Russia

Posted: March 26, 2012 at 8:01 am

Ratings agency Standard & Poor’s this morning released a study on the impact of crude oil prices on the Russian economy. A “sustained drop” in the price of crude, “could ...
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Best and Worst Run States in America — An Analysis Of All 50

Posted: November 28, 2011 at 6:49 am

How well run are America’s 50 states? The answer depends a lot on where you live. For the second year, 24/7 Wall St. has reviewed data on financial health, standard ...
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Top Debt & Credit Rating Agency Actions (PPL, DPZ, CX, PEPFF, ETR, FDX, EADSY, BHP)

Posted: September 23, 2011 at 2:12 pm

Today's ratings news leads off with the downgrade by Moody's of six Greek banks, including National Bank of Greece (NYSE: NBG). All six were lowered from 'B3' to 'Caa2'. Anyone ...
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Top Debt & Credit Rating Agency Actions (UTX, GR, GM, LSTZA, LSTZB, LCAPA, LCAPB, BRK-A, BRK-B, CAG, OWW, WWWW, CMI)

Posted: September 22, 2011 at 1:43 pm

Today's ratings actions are led-off by Moody's affirmation of its 'A2' senior unsecured and 'Prime-1' short-term ratings on United Technologies Corp. (NYSE: UTX). The affirmation follows United's announced acquisition of ...
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S&P Slashes Europe GDP Targets, Still No Double Dip Recession (CAT, FLS, PCAR, OI, PLL, ADBE, LXK, F, GM, PM, CCE, MCD, YUM)

Posted: August 30, 2011 at 8:00 am

Europe posted anemic GDP growth in the second quarter of 2011, but the continent can still avoid a double-dip recession if European governments could solve a few problems. First is ...
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Credit Ratings Finally Get Leashed

Posted: May 19, 2011 at 6:36 am

The actions of Moody's, Standard & Poor's, and Fitch helped trigger the greatest credit crisis of all time. Each has been investigated and dragged before Congress because of AAA ratings ...
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Does the US Need a Bankruptcy Law for States?

Posted: January 24, 2011 at 1:12 pm

When a former adviser to President Bill Clinton was asked what he wanted to be re-incarnated as, he answered, "The bond market. Everybody's scared of the bond market." If he ...
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Moody’s Dodges The SEC Bullet On Inflated Ratings Issue

Posted: September 1, 2010 at 6:15 am

The management and investors of Moody's Investment Services can breathe a sigh of relief. The SEC will not pursue charges against the company for its inflation of the ratings on ...
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