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Showing 221 - 230 of 312 results for "Moody"

Rated AAA

BENJAMIN ONG  |  MONDAY, 27 APR 2009
You've been warned, Australia! Standard & Poor's and Moody's threatened Australia with a downgrade in its sovereign risk rating if the National Budget remains in deficit over the medium term. My, oh my, I am so scared. And so we all should be. Because ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... month, last year. But Bloomberg reports that the more than 4 per cent drop on Wall Street overnight was due to news that Moody's may cut JP Morgan's credit rating and that it is reviewing the credit ratings of Wells Fargo and Bank of America. You can't ...

Thank you RBA

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2009
... Australian businesses seeing staff out the door, company profits declining - down 6.5 per cent in the December quarter, Moody's downgrading three - ANZ, CBA Westpac -- of Australia's big four banks and a 1.9 per cent reduction in business inventories ...

Market Wrap - Midday

AAP  |  TUESDAY, 3 MAR 2009
... seven cents, or 0.53 per cent, to $13.03. Suncorp Metway shares lost 15 cents, or 3.18 per cent, to $4.56 on a downgrade by Moody's Investor Services to the bank's long-term deposit and debt ratings. "Across the board, we are down but as the day goes ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... 'encourage' the European Central Bank (ECB) for further monetary policy aid. The meeting became particularly crucial after Moody's reported that eastern Europe have succumb to the contagion and a recession there would be more severe than those in the ...

Opus Capital banks on sustainable property

MICHELLE BALTAZAR  |  MONDAY, 17 NOV 2008
... property for its Opus Capital & Income Fund No. 21, Capital Growth Fund 1 and Development Fund 2. Company chairman Tony Moody said five of the properties were acquired under the company's 'pre-purchase' structure, which meant the assets were secured ...

CBA buys BankWest and St Andrews

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
The Commonwealth Bank of Australia has purchased BankWest and St Andrew's Australia for $2.1 billion. Commonwealth Bank is determined to keep its strong capital position and intends to fund the purchase price by undertaking a $2 billion accelerated ...

Challenger goes public

THE SHEET  |  TUESDAY, 16 SEP 2008
... ratings (each with triple A ratings), and A$5.2 million of Class B notes with preliminary ratings of 'AA-/Aa3/AA-' from S&P, Moody's and Fitch. (Note: the Class AB notes are subordinated to the Class A notes.) There was also talk that Macquarie Group ...

Moody's takes action after ratings blunder

MICHAEL HOBBS  |  WEDNESDAY, 2 JUL 2008
Moody's Investor Services is taking legal action against a number of its employees and improving its rating processes after it bungled the ratings of 11 European constant proportion debt obligations (CPDO) worth approximately $1 billion. After testing ...

NZ economy goes negative

ALEX DUNNIN  |  MONDAY, 30 JUN 2008
... cooling housing market and a deteriorating external environment," noted analyst Matt Robison in a briefing he prepared for Moody's economy.com and Dismal Scientist. "In a rapid turn of events, the New Zealand economy contracted in the first quarter. ...