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


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 f ...
Full article at: Business Insider


US manufacturing cools a bit in September

Oct 1 2014 10:54am CDT | Source: Business Insider

Washington (AFP) - US manufacturing activity cooled a bit in September from a sizzling August, but the sector mainly was upbeat about the business outlook, the Institute for Supply Management said Wednesday.The ISM's manufacturing purchasing managers index fell to 56.6 in September from 59.0 in August, which was the highest level in three years. A PMI reading above 50 indicates expansion.The monthly decline was larger than expected, with analysts generally estim ...
Full article at: Business Insider


Latest stories

Substance abuse related to future violence among mentally ill
Washington, Oct 2 (IANS) A study conducted by the University of Buffalo suggests that reducing substance abuse can lessen violent acts by patients with severe mental illness. | by IANS
Revealed: How species react to climate change
Washington, Oct 2 (IANS) Researchers at the University of Maryland Center for Environmental Science and the University of Vermont in the US have developed a new tool to overcome a major challenge of predicting how organisms may respond to climate change. | by IANS
New Zealand ready to fight Ebola
Wellington, Oct 2 (IANS) Though there are no signs of the Ebola virus in New Zealand, the country has prepared itself to fight the epidemic if it occurs. | by IANS

US private sector job growth picks up

Oct 1 2014 9:24am CDT | Source: Business Insider

Washington (AFP) - US private-sector employment accelerated in September, the sixth straight month of job growth above 200,000, payroll company ADP said Wednesday.Private payrolls increased by 213,000 in September from August, topping analysts' consensus estimate of 202,000.The August reading was revised down by 2,000 to 202,000 job gains."It's a positive sign for the economy to see the 200,000-plus trend continue," said Car ...
Full article at: Business Insider


Cambodia Needs More Investments and Global Integration – Moody's

Sep 29 2014 6:29am CDT | Source: IBTimes UK

Moody's rating of Cambodia's economic strength ranges from ver ...
Full article at: IBTimes UK


Eccentric Billionaire Mike Ashley Just Bet $70 Million On Tesco's Resurgence

Sep 25 2014 4:15am CDT | Source: Business Insider

Sports Direct’s billionaire founder is betting on a Tesco recovery. Eccentric plutocrat Mike Ashley took a big punt on the recovery of floundering retailer Tesco this morning, entering into a put option with Goldman Sachs. Sports Direct exposed to the tune of £43 million ($70.15 million) if it's wrong.  That’s just 0.28% of Tesco’s share capital, highlighting the colossal size of the business. Accendo Markets hea ...
Full article at: Business Insider


PSBs need up to $37 bn capital to meet Basel-III norms

Sep 22 2014 2:00pm CDT | Source: Business Standard

According to Moody's, low capital levels remain a key credit weakness for the pub ...
Full article at: Business Standard


State-run banks need $37 billion in fresh capital to meet Basel III: Moody's

Sep 22 2014 5:50am CDT | Source: Business Standard

Public sector banks in India will need to raise up to USD 37 billion over the next 4-5 years to meet Basel III compliance norms, credit rating agency Moody' ...
Full article at: Business Standard


Moody's keeps France on negative outlook

Sep 19 2014 4:07pm CDT | Source: Business Insider

Washington (AFP) - Moody's maintained its negative rating on France Friday but despite earlier reports did not deal the struggling economy a downgrade.Moody's kept its Aa1 overall rating for the country's debt, but warned of significant risks in the government's efforts at restructuring to deal with its heavy fiscal challeng ...
Full article at: Business Insider


Read More Moody's Stories



Latest from the Network

UN chief slams terror attacks in Syria
United Nations, Oct 2 (IANS) UN Secretary General Ban Ki-moon has condemned the twin bomb attacks near a school in Syria that killed 31 people. Several children were among those killed in the Wednesday attack in the...
Read more on Politics Balla
C.J. Spillman Being Investigated for Sexual Assault
Dallas Cowboys safety C.J. Spillman is being investigated for sexual assault.According to ESPN Dallas' Calvin Watkins and Todd Archer, the alleged incident took place at the Gaylord Hotel on Sept. 20, a day before the...
Read more on Sport Balla
Zach Braff defends Kickstarter project
Zach Braff has hit back at criticism of his Kiskstarter project. The multimillionaire actor and filmmaker - who is best known for playing the character of Dr. John Dorian on US sitcom 'Scrubs' - felt his the response to...
Read more on Movie Balla
Modi visit very successful: US think tank
Washington, Oct 2 (IANS) Prime Minister Narendra Modi's US visit was "very successful" on many counts as he reached out to various interest groups in the US in unprecedented ways, according to a leading US think tank...
Read more on Politics Balla
IOC 'satisfied' with Rio 2016 preparations
Rio de Janeiro, Oct 2 (IANS) The International Olympic Committee (IOC) said it was 'satisfied' with the state of preparations for the Rio 2016 Olympic Games. IOC representatives completed a three-day visit of Rio...
Read more on Sport Balla
Asian Games: Indian women paddlers Manika, Ankita ousted
Incheon, Oct 2 (IANS) Indian women paddlers Manika Batra and Ankita Das lost their respective matches and were knocked out of the women's singles table tennis event of the 17th Asian Games here Thursday. Manika was...
Read more on Sport Balla
With Modi momentum, US seeks enhanced energy collaboration
Washington, Oct 2 (IANS) With Indian Prime Minister Narendra Modi "providing a new momentum", the US has suggested four areas where India and the US can enhance collaboration in energy and sustainable development. "We...
Read more on Politics Balla
Indian women's kabaddi team in final
Incheon, Oct 2 (IANS) Defending champion India stayed on course for their second consecutive Asian Games gold medal in women's kabaddi as they marched into the final, beating Thailand 41-28 in the semi-final at the...
Read more on Sport Balla
Obama very pleased with Modi visit
Washington, Oct 2 (IANS) President Barack Obama was "very pleased" with and "enjoyed" Prime Minister Narendra Modi's visit as it reflected the depth of the strong relationship between the US and India, according to the...
Read more on Politics Balla
Leonardo DiCaprio won't have a joint birthday party with Kate Winslet
Leonardo DiCaprio refuses to have a joint 40th birthday party with Kate Winslet. The 'Divergent' star - who will celebrate the milestone in October 2015 - has been close friends with the actor for almost 20 years and he...
Read more on Celebrity Balla