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Showing 101 - 110 of 315 results for "Moody"

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 ...

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 ...