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Showing 121 - 130 of 308 results for %22Moody%22

Sounds like a plan

BENJAMIN ONG  |  MONDAY, 17 OCT 2011
... and Lloyd's and putting 13 US and European big-named banks under credit watch. And where Standard & Poor's and Fitch go, Moody's is sure to follow. But that's ok. Financial markets didn't blink. They're optimistic that Europe's "plan" would make all ...

Market Wrap - Morning

AAP  |  MONDAY, 10 OCT 2011
... helped ease concerns that the world's biggest economy was at risk of slipping back into recession. On the negative side, Moody's downgraded its credit ratings for a dozen British banks, highlighting worries over the banking sector and the need for European ...

The good, the bad and the whatever

BENJAMIN ONG  |  MONDAY, 10 OCT 2011
... bad. Credit ratings agencies are playing Edward Scissorhands anew. Fitch Ratings snipped Italy and Spain's credit ratings. Moody's cut the ratings of 12 UK banks citing the removal or lessening of government support and has warned it could put Belgium ...

Market Wrap - Morning

AAP  |  THURSDAY, 6 OCT 2011
... to 2,973.90 points. Other European markets posted similar gains, with Milan gaining nearly 4.0 per cent despite a sharp Moody's ratings downgrade for Italy given its debt and growth problems. The euro was lower at $1.3296, down from $1.3338 in New York ...

Market Wrap - Midday

AAP  |  THURSDAY, 22 SEP 2011
... cent, to 1,166.76, and the Nasdaq Composite shed 52.05 points, or 2.01 per cent, to 2,538.19. Aside from the Fed's measures, Moody's downgraded three top US banks - Bank of America, Wells Fargo and Citigroup - as it sees the US government less willing ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 SEP 2011
... economy, strapped with slow growth, high unemployment and a depressed housing market. Traders also digested a series of Moody's downgrades on three top US banks - Bank of America, Wells Fargo and Citigroup - saying it saw the US government less willing ...

Market Wrap - Midday

AAP  |  TUESDAY, 20 SEP 2011
... trading volumes were very light with markets under pressure after ratings agency Standard & Poor's did what investors expected Moody's to do - and "the last thing" they wanted - in downgrading Italy's credit rating. National turnover was 652.88 million ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
... suspected rogue trader alleged to have lost Swiss banking giant UBS $US2.0 billion ($A1.95 billion). NEW YORK - Rating firm Moody's says it is considering lowering the credit rating on Swiss banking giant UBS after a rogue trader wracked up $US2 billion ...

Market Wrap - Morning

AAP  |  THURSDAY, 15 SEP 2011
... have come under pressure in the debt markets, both closed up 2.7 per cent. European equities began the day in the red after Moody's ratings agency downgraded two top French banks, cutting its rating for Credit Agricole bank from Aa1 to Aa2 and Societe ...

Damned to default

BENJAMIN ONG  |  TUESDAY, 13 SEP 2011
... wonder that Germany is reportedly preparing contingency plans to recapitalise its banks in the event of a Greek default. And Moody's fingers are on the downgrade trigger with French banks and their exposure to Greek sovereign debt in its sights. There's ...