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Showing 81 - 90 of 100+ results for "Moody"

Food is the new Europe

BENJAMIN ONG  |  TUESDAY, 24 JUL 2012
... the third straight quarter of decline. Underlying cause: Rising borrowing costs and austerity measures.... and contagion. Moody's lowered Germany, the Netherlands and Luxembourg's Aaa credit rating outlooks to negative due to "rising uncertainty" over ...

Much ado, no do

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2012
... "baby, baby, baby, oh..." Noticed the relative calm in the markets when Europe is out of the headlines? Speaking of which, Moody's has just done to Italy what it did to Spain, which it did to Greece. Moody's slashed the ratings of 13 Italian banks - ...

Market Wrap

AAP  |  MONDAY, 16 JUL 2012
... successful Italian government debt sale, standing 0.96 per cent higher at 13,715 points, despite an overnight downgrade from Moody's. Madrid's IBEX 35 index won 0.52 per cent to 6,590.90 points, but with the Spanish government's 10-year bond yields not ...

It's more fun in the Philippines

BENJAMIN ONG  |  TUESDAY, 10 JUL 2012
... Manila's credit rating to BB+ -- one step below investment grade - matching Fitch Ratings' upgrade delivered in June last year. Moody's, which still has the Philippines two notches below investment grade, is sure to follow. Events in Europe have made ...

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 ...