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Showing 91 - 100 of 100+ results for "Moody"

Eurozone turmoil sparks 'flight-to-quality'

BEN COLLINS  |  FRIDAY, 25 MAY 2012
... causing a "flight-to-quality", according to Robert Mead, PIMCO's head of portfolio management in Australia. Ratings agency Moody's said it had maintained France's top rating but kept the outlook at 'Negative', noting that while new president Hollande ...

Bulls run

BENJAMIN ONG  |  FRIDAY, 18 MAY 2012
... the first quarter following a similar 0.3% contraction in the previous period. But we were already expecting this. 'Twas Moody's that provided the shocker last night with its one to three-notches downgrade of 16 Spanish banks and Santander UK PLC - the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 MAY 2012
... Paris the CAC 40 fell 0.61 per cent to 3039.27 points. Milan's FTSE Mib slumped 2.56 per cent to 13,311 points, on news that Moody's has downgraded the ratings of 26 Italian lenders amid fears over their exposure to the debt crisis. Madrid's IBEX 35 ...

Market Wrap

AAP  |  FRIDAY, 16 MAR 2012
... Asciano was seven cents lower at $4.88. Macquarie Group has suffered its second credit rating downgrade in four days, with Moody's cutting its ratings by one notch. The investment bank was steady at $27.38. Virgin Australia said all conditions for its ...

Recycled scares

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2012
... know this. In fact, we've even said that the recent Standard & Poor's downgrade of Greek credit to "selective default" and Moody's giving its lowest grade of "C" in its ratings totem pole were too late in coming. And contagion? It's still a risk but ...

TSCGEMU

BENJAMIN ONG  |  MONDAY, 5 MAR 2012
... Greek second bailout package of course. Standard & Poor's didn't like it and lowered Greece's rating to "selective default". Moody's followed suit a few days later and cut the country's credit grade to "C" - its lowest rating level because, "It will ...

Cheque's not yet in the mail

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2012
... just an itsy bitsy bit with the Dow and the FTSE even closing on the plus side. And this despite more bad news last night - Moody's downgraded the PITS (Portugal, ITaly and Spain) along with Slovakia, Slovenia and Malta and cut the credit outlook for ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 15 FEB 2012
... set to open lower after further doubt were raised regarding Greece's bailout package and its ability to avoid default, and Moody's ratings cut on six European nations due to the euro zone crisis. At 0817 AEDT on Wednesday, the March share price index ...

Market Wrap

AAP  |  TUESDAY, 14 FEB 2012
... stocks down for every 10 in positive territory at 1025 AEDT. Macquarie Private Wealth division director Lucinda Chan said Moody's decision to downgrade the debt ratings of Italy, Spain and Portugal was behind the weak start on the local market. "That's ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 DEC 2011
... industrial average rose 69 points, or 0.6 percent to 12,090 as of noon (1700 GMT). The Dow sank 162 points the day before after Moody's and Fitch said the fiscal agreement reached last week among European leaders fell far short of what was needed to ...