Moody's

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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.
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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
 

 

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