12:37pm ET
Investing
Ambac (ABK) Ratings: The Idiots At Moody’s (MCO)
Moody’s (MCO) give credit rating of "Aa1" to both Ambac (ABK) and MBIA (MBI). But, no one else on Wall St. seems to see it that way. According to Reuters "at Thursday’s…
Companies
/Financial Services
Moody`s Corp
$474.57
▼ $6.68 (−1.39%) today
Markets closed · 1:13am ET
MCO Coverage
Page 165:16am ET
Banking, finance, and taxes
Moody’s Makes Changes, But It’s A Little Late
Maybe Moody’s (MCO) should have thought of this before. According to the FT, Moody’s is considering overhauling the way it rates complex financial instruments to analyse how these products might behave in…
Douglas A. McIntyre 3:30pm ET
Investing
The 52-Week Low Club
Enterra Energy (ENT) Canadian oil and gas investment company suspends monthly distribution payments to unitholders for at least six months to repay debt. Falls to $1.85 from 52-week high of $10.30. PHH…
5:43am ET
Banking, finance, and taxes
Where Does The Market Go If Credit Agencies Crater?
It was not that many years ago that a slew of investigations almost ruined the big players in the accounting industry. Arthur Andersen disappeared under the weight of a Justice Department investigation.…
Douglas A. McIntyre 3:11am ET
Media
Media Digest 9/7/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Lehman Brothers (LEH) and National City are cutting 2,150 mortgage jobs. Reuters writes that more PC game players are beginning to use notebooks as their processing power increase. Retuers…
4:55am ET
Investing
S&P Chief Out, McGraw-Hill Chief Should Follow
McGraw-Hill (MGP) sacked the head of its S&P unit on the theory that the ratings agency should have seen sub-prime problems coming sooner and downgraded pools of the mortgage-backed securities. It might…
Douglas A. McIntyre 11:57am ET
Banking, finance, and taxes
US Investment Bank Ratings OK, Or So Says Moody’s (MCO, MHP, XLF, GS, MS, MER, LEH, BSC, C, BAC, JPM, WFC, WB)
Stocks Tickers: MCO, MHP, XLF, GS, MS, MER, LEH, BSC, C, BAC, JPM, WFC, WB You will have to have a subscription in order to access the full article, but Moody’s has…
5:18am ET
Investing
Trouble for McGraw-Hill (MHP) And Moody’s (MCO)
Moody’s (MCO) is already in a ton of trouble due to is rating on sub-prime debt and mortgage-backed securities. According to the FT, the European Union is opening an investigation because it…
Douglas A. McIntyre 9:12am ET
Industrials
Short Selling: Warren Buffett Holdings (June 2007)
BRK/A, BNI, KO, PG, WMT, USG, AXP, WFC, MCO, JNJ, COP, UNP, USB, MTB, ASD, NSC, WLP, UNH, IR, HRB It is always interesting to see how Wall Street bets with or…
5:17pm ET
Media
Cramer Reviews 10 Warren Buffett Stock Picks
Stock Tickers: BRK/A, BNI, KO, PG, WMT, USG, AXP, WFC, MCO, JNJ, COP On tonight’s MAD MONEY on CNBC, Jim Cramer reviewed another Warren Buffett strategy by reviewing holdings to see if…
9:32am ET
Banking, finance, and taxes
Big List of Private Equity Targets in Financial Services
There is a recent boutique research report from earlier in the week showing a list of potential private equity targets from a specialty brokerage firm that I was very positive on from…
3:49pm ET
Industrials
Warren Buffett Rides More Railroads (BNI, NSC, UNP), Plus Other Holdings
This is an edited version of the first story to run an expanded list. Last month we all found out that Warren Buffett’s Berkshire Hathaway decided to take a ride on the…