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Showing 91 - 100 of 308 results for %22Moody%22

Market Wrap

AAP  |  THURSDAY, 28 JUN 2012
... euro ($163 billion) stimulus plan for the eurozone economy. Major banks led the rise, shrugging off ratings downgrades from Moody's: JPMorgan Chase added 1.6 per cent; Bank of America 1.4 percent; Citigroup 0.5 percent; and Morgan Stanley 1.4 percent. ...

Is this the crisis moment?

BENJAMIN ONG  |  TUESDAY, 26 JUN 2012
... was there distrust that the 28-29 Summit would result in something substantial, this was also compounded by more bad news: Moody's downgraded 28 Spanish banks by four notches. Spain formalised request for bail out Cyprus asks for bailout. Greece newly-designated ...

Fundamentally challenged

BENJAMIN ONG  |  FRIDAY, 22 JUN 2012
... from 45.2. Finally, this late-breaking news from Bloomberg, "Credit Suisse Group AG's credit rating was cut three levels by Moody's Investors Service, Morgan Stanley was reduced two levels and 13 other banks were downgraded in moves that may shake up ...

No random walk on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 JUN 2012
... concerns over Spain's a,-100 billion bailout announcement 12 June: Up 1.2% on Fed stimulus hopes 13 June: Down 0.7% after Moody's downgrade of Spain and Cyprus ratings 14 June: Up 1.1% on rumours that central banks are preparing coordinated action Yes ...

Three more days of guessing

BENJAMIN ONG  |  THURSDAY, 14 JUN 2012
... this 100 billion might as well be considered as the cost of the rope Spain was given to hang itself with. For last night, Moody's outdid S&P and Fitch and chopped three notches off Spain's sovereign debt rating to Baa3 - one step above junk - from A3 ...

Bad news? What bad news?

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2012
... fact - recognised by Swedbank Chief Financial Officer Goran Bronner when he, along with the financial markets, pooh poohed Moody's downgrade of Swedish and Norwegian banks last week. "Moody's in general is very backward looking; they are often stating ...

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 ...