Topic: Moody's Corporation

Some states' woes to stretch to next year: economist

WASHINGTON (Reuters) - For some states, the budget crises spurred by the 2007-09 recession will extend well into the next fiscal year, a senior economist from Moody's Investors Services said on Wednesday.Fiscal 2012 began for most states last month. Because all except ...

Moody's says 26 banks may need stress test support

LONDON (Reuters) - Nearly a third of European Union banks being tested for their resilience in bad markets may need some outside support, credit rating agency Moody's said on Wednesday.The European Banking Authority (EBA) was expected to announce the results of its ...

Moody's raises Philippine debt rating

The Philippines sovereign debt on Wednesday edged to within two notches of investment grade when Moody's upgraded it to Ba2 with a stable outlook, citing a growing economy and improved fiscal position.President Benigno Aquino's government welcomed the decision, which moved it two ...

States and cities face more rating cuts: Moody's

NEW YORK (Reuters) - U.S. states, cities, towns and other issuers of municipal debt likely will suffer more credit downgrades than upgrades in 2011, with the overall outlook negative for the third straight year, Moody's Investors Service said on Thursday.Reasons for the ...

Special Report: For some professors, disclosure is academic

NEW YORK (Reuters) - When Hal Scott testified on financial reform before the Senate last February, he identified himself simply as a Harvard Law School professor and director of an independent research group.He also had some other relevant experience: Scott is on ...
How Congress' decision on whether and how to extend Bush-era tax cuts could affect economy On this, economists agree: Extending tax cuts passed under President George W. Bush for low- and middle-income people would strengthen the weak economy. The question is what ...
Ireland bank rescue costs have led theMoody?s rating agency to cut Ireland's credit rating one-notch drop toAa2. Ireland's National Asset Management Agency?(NAMA) was established in 2009. The Ireland bank credit ratingslanguish with the world debt crisis still unresolved. TheEconomic and Social Research ...
Given Blue Dog Democrats' self-professed obsession with budget hawkishness, it may seem strange that they'd call for an extension of tax cuts for the wealthy that will cost an estimated $700 billion - at a time when we've (among other things) warred ...

Charting The Market

Moody's . Congress agreed to the most sweeping financial regulation in decades. However, the measure stopped short of financial companies' worst fears.. The oil company has now lost more than $100 billion in market cap.
On Thursday, Reuters reported that financial behemoths JPMorgan Chase & Co. (JPM) and Bank of America Corp. (BAC) have issued fixed interest notes moving ahead with their debt restructuring strategies.. Accordingly, JPMorgan reportedly vended off its five-year notes worth $1.25 billion. JPMorgan's ...
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