Breaking News about Moody's:

Moody's Q4 profit surges

Source: Business Balla | Feb 9 2013, 3:14am CST | by Luigi Lugmayr

Moody's Q4 profit surges
New York, Feb 9 (IANS) Global rating agency Moody's has reported that the company's net income jumped 66 percent in the fourth quarter of 2012 and predicted a strong revenue growth in 2013.
Read more

Read More Moody's Stories


Moody's Downgrades Petrobras, Cites Inability To Pass Costs To Brazilian Consumers

Oct 21 2014 8:14pm CDT | Source: Forbes Real Time

Petrobras debt fairly secure by government, but that's not enough to stop Moody's from giving it a negative outl ...
Full article at: Forbes Real Time


'Govt's diesel deregulation signals fiscal discipline'

Oct 21 2014 4:51am CDT | Source: Business Today

"The decision to fully deregulate diesel prices signals fiscal discipline on the part of the sovereign, which we view as credit positive," Moody's s ...
Full article at: Business Today


Latest stories

World Bank approves $75 mn for pastoralists in Horn of Africa
Nairobi, Oct 26 (IANS) The World Bank has approved an additional credit of $75 million to improve the livelihoods and resilience of pastoralists in the Horn of Africa. | by IANS
Slovakia to provide further financial help in fighting Ebola
Bratislava, Oct 26 (IANS) Slovakia planned to provide some 90,000 euros ($114,000) to countries affected by Ebola to help with the construction of field hospitals, foreign ministry said Saturday. | by IANS
Mauritania closes border with Mali after Ebola death
Nouakchott, Oct 26 (IANS) Mauritania has closed its border with Mali after an Ebola death was confirmed in the border area this week, a health official said Saturday. | by IANS

Moody's downgrades Elizabeth Arden, Inc.

Oct 20 2014 12:19pm CDT | Source: South Florida Business Journal

Moody's Investor Service has downgraded Elizabeth Arden, Inc.'s Corporate Family Rating, its Probability of Default Rating and its senior unsecured debt rating. The downgrade was initiated Aug. 19 after the Miramar-based company (NYSE: RDEN) partnered with New York-based Rhône Group. Since then, Moody's found Elizabeth Arden, Inc.'s credit to be deteriorating because of competition in the fragrance market. Elizabeth Arden's curre ...
Full article at: South Florida Business Journal


Ratings firms give community college district top marks

Oct 13 2014 11:35pm CDT | Source: Almanac News

by Dave BoyceThe San Mateo County Community College District has received top marks from two rating services: Standard & Poor's gave the district an AAA rating, and Moody ...
Full article at: Almanac News


Dovish Fed minutes reveal global slowdown worries

Oct 8 2014 3:54pm CDT | Source: Business Insider

Washington (AFP) - Federal Reserve officials stressed "patience" in waiting to raise interest rates, worrying about weaker foreign economic growth and the stronger dollar, minutes of their September policy meeting showed Wednesday.Participants at the Federal Open Market Committee meeting discussed their concerns about the stronger dollar amid stuttering growth in the eurozone, slowdowns in China and Japan and elevated geopolitical risks.The greenback in particular had firmed against ...
Full article at: Business Insider


Moody's Says New Bank Rating Method Will Focus on Structured Finance

Oct 8 2014 5:04am CDT | Source: IBTimes UK

Moody's will consider adjusting how it reflects risk of bank performance in rating ...
Full article at: IBTimes UK


Gradual home price slide a plus for banks: Moody's

Oct 6 2014 5:07pm CDT | Source: Business Times Singapore

October 07, 2014 12:55 AM[SINGAPORE] Ratings agency Moody's said on Monday that the gradual decline in Singapore's private home price index for the third quarter is credit positive for Singapore banks as it relieves pressure on ban ...
Full article at: Business Times Singapore


Western Banks Have Basically Gone On Strike Against Russia, Cutting Off Its Credit

Oct 2 2014 3:57am CDT | Source: Business Insider

The amount of debt issued by Russian companies has collapsed due to fears of Western sanctions over the crisis in Ukraine. In the first three quarters of this year the total amount of foreign-currency debt plummeted 83% compared to the same period last year. Nomura Securities estimates that the total value of sales was $9.8 billion so far in 2014 compared with $52.2 billion sold through the whole of last year. The Financial Times reports that Russian companies are being frozen ou ...
Full article at: Business Insider


Read More Moody's Stories



Latest from the Network

Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday. The patient had...
Read more on Business Balla
Two people die in Pakistan bomb blast
Islamabad, Oct 23 (IANS) At least two people were killed and 12 others injured in an explosion that took place in Pakistan's Balochistan province Thursday, media reported. The bomb was planted on a motorcycle, Dawn...
Read more on Politics Balla
Trott extends contract with Warwickshire till 2017
London, Oct 23 (IANS) England batsman Jonathan Trott, whose mental issues led to his abrupt departure from last winter's Ashes tour, has confirmed his successful comeback to competitive cricket by signing a new three-...
Read more on Sport Balla
Srikanth, Kashyap big movers in BWF rankings
Kuala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest Badminton World Federation (BWF) rankings released Thursday while Olympic bronze medallist...
Read more on Sport Balla
Alvin Stardust dead
London, Oct 23 (IANS) English singer Alvin Stardust died after a short illness. He was 72. Stardust's manager confirmed the news about his demise Thursday, reports He was recently diagnosed with...
Read more on Celebrity Balla
Indian man reunited with family after 40 years
Dubai, Oct 23 (IANS) An Indian man, who had disappeared from his hometown in Kerala nearly 40 years ago, has been found by his family at a hospital in Dubai in the UAE, a newspaper report said. Now in his 60s, Abdulla...
Read more on Politics Balla
Srikanth, Kashyap, Saina rise in world rankings
Kala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest released Badminton World Federation (BWF) rankings Thursday while Olympic bronze medallist...
Read more on Sport Balla
Flintoff signs for Big Bash side Brisbane Heat
Brisbane, Oct 23 (IANS) Former England captain and all-rounder Andrew Flintoff, who retired from international cricket in 2009, Wednesday confirmed that he will play for Brisbane Heat in the Big Bash League (BBL) this...
Read more on Sport Balla
OPEC daily basket price falls again
Vienna, Oct 23 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $81.94 a barrel Wednesday compared to $82.09 Tuesday, the OPEC Secretariat said. The new OPEC...
Read more on Business Balla
Lopez to sign multi-million dollar deal?
Los Angeles, Oct 23 (IANS) Singer-actress Jennifer Lopez is reportedly in the final stages of securing a multi-million dollar deal to perform in Las Vegas. The 45-year-old is being offered $350,000 per show at The...
Read more on Celebrity Balla