S&P: Sony Credit Rating Down to Near Junk
Standard & Poor's on Friday morning cut the long-term corporate credit rating for Sony from BBB to BBB-, just one notch above junk. The outlook on Sony's long-term credit rating is negative.
Standard & Poor's on Friday morning cut the long-term corporate credit rating for Sony from BBB to BBB-, just one notch above junk. The outlook on Sony's long-term credit rating is negative.
thinkstockIt is really hard to get excited about anything in Greece and the peripheral nations. That has been the mantra for years now, even before the U.S. recession. But maybe all bad things can…
Cliffs Natural Resources sent an open letter to its shareholders on Friday morning responding to a letter from activist investment firm Casablanca Capital urging the company to take a number of actions to increase…
In a new research report, analysts at J.P. Morgan lay down a bet that the American consumer is not dead. Here are seven large cap consumer stocks to buy recommended by J.P. Morgan.
In a new research report, Stifel included presentation summaries of the analog, mixed-signal semiconductor companies that participated in its a three-day Technology, Internet and Media Conference in San Francisco.
Jos. A. Bank Clothier announced Friday morning that it was acquiring privately held Eddie Bauer for $825 million in cash and newly issued stock. This virtually guarantees that Men's Wearhouse will put no more…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Friday, February 14, 2014. They include Apple, Aeropostale, Agnico-Eagle, GNC and Stratasys.
courtesy Deere & Co.Despite the fact that the market has enjoyed a nice bounce from the January sell-off, we are noticing that more and more Sell ratings are starting to hit our daily runs…
January was not a particularly good month for video game and gaming sales. Compared with the January 2013, total sales at brick-and-mortar video game stores fell 21%, according to research firm NPD Group.
Methane that leaks from natural gas wells, valves and pipelines is very likely doing more environmental damage than the good that is done by burning natural gas instead of diesel fuel, according to a…
What happens if the government kills the proposed combination of Time Warner Cable and Comcast? Cable service will remain poor. Customer satisfaction with cable companies will remain awful. Attempts to raise rates and cut…
courtesy of SamsungIt is easy to form the impression that everyone in the world owns a smartphone. The fact that this is becoming true apparently has clipped the sales rate of the devices. Smartphone…
ThinkstockPerhaps living in the seat of the federal government has one large advantage — how well people are paid. Since Maryland does well by the same measure, the benefits may spread miles beyond the…
Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) reported fourth quarter and full year 2013 earnings after markets closed on Thursday. For the quarter, the multinational insurer posted diluted earnings per share (EPS) of $1.34…
thinkstockFebruary 13, 2014: Markets opened lower on Wednesday, but turned positive by mid-morning and never really looked back. Weak reports on retail sales and new claims for jobless benefits didn’t have much impact after…