S&P has issued a forecast which says home prices could drop another 10% through next year. The new research says that: "While U.S. home prices have stabilized considerably since the ... Read Full Story »
Moody's (NYSE: MCO) has done many bad things including leading investors in mortgage-backed securities astray by giving the risky instruments AAA ratings. Some observers even believe that the credit ... Read Full Story »
Former Bank of England executive David G. Blanchflower said that a second bailout package for Europe in inevitable. He told Bloomberg, the Eurozone faces the euro’s “unstoppable” decline until it is at parity ... Read Full Story »
“Each of the six banking systems Portugal, Spain, Italy, Ireland, Greece, the UK... faces different challenges, but the contagion risk could dilute these differences and impose very real, common threats ... Read Full Story »
Bill Gross, the head investment officer of bond giant PIMCO and the most famous fixed-income investor in the world, dismissed Moody's (NYSE: MCO) and S&P as deeply flawed arbiters of investment ... Read Full Story »
The capital markets are already suspicious that Greece will not be able to close a bond support deal with other eurozone countries and the IMF. Ratings agency Fitch told Greece that ... Read Full Story »
S&P and other credit rating agencies haven't had anything positive to say about sovereign debt recently no matter what country they analyze. The latest is that S&P said that its outlook on ... Read Full Story »
We do not cover every single index change, but we do cover the ones where it looks like it will impact individual stocks. Standard & Poor's made an index change ... Read Full Story »
S&P reaffirmed the "AAA" ratings for both MBIA (NYSE: MBI) and Ambac (NYSE: ABK). S&P noted that MBIA was removed from CreditWatch and a negative outlook was assigned, meaning it ... Read Full Story »
There was an interesting article in this weekend's edition of Barron's. The financial weekly bible is noting that, despite the turmoil and perhaps terminal verdict of bond insurers, there may ... Read Full Story »
Stocks Tickers: MCO, MHP, XLF, GS, MS, MER, LEH, BSC, C, BAC, JPM, WFC, WBYou will have to have a subscription in order to access the full article, but Moody's ... Read Full Story »