Moody's Investors Service | featured news

Moody's downgrades France 1 notch on weak growth

Moody's Investors Service has downgraded France's government bond rating, citing the country's weak economic growth outlook and its exposure to Europe's economic crisis.


Moody's, Seeing Default Risk, to Review Ratings on Calif. Cities

Moody's plans to review its debt ratings of California cities over the next few weeks and said it believes the risk of default on municipal bonds in the state is rising.


Moody's cuts Italy's debt rating

Credit rating agency Moody's cuts Italy's standing and warns the country is likely to see a sharp rise in borrowing costs.


Moody's defends European bank downgrades

Moody's Investors Service Friday defended its decision to issue a slew of downgrades to Europe's biggest lenders after several of the continent's banks hit out over the "backward" nature of the review.


Moody's cuts credit ratings on 15 major banks

JP Morgan Chase

Moody's Investors Service lowered the credit ratings of 15 major banks Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking. The ratings agency said it was especially concerned about banks with significant financial markets businesses because those markets have become so volatile. Some of the largest European banks were also downgraded, including Barclays, Deutsche Bank and HSBC.


Moody's downgrades Nokia to junk status


Moody's ratings agency on Friday downgraded Nokia's debt grade to junk status, citing greater than anticipated pressure on the struggling cellphone maker's earnings after it announced plans for major cuts and global layoffs. It kept the outlook negative, meaning it could downgrade it again.


Moody's slashes Spain debt ratings three notches

Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved euro zone plan to help Spain's banks will increase the country's debt burden.


Moody's cuts Belgium ratings by 2 notches

Belgium Downgraded by Moody

Moody's on Friday cut Belgium's credit rating by two notches, saying the euro zone debt crisis increases funding risks for countries with high public debt burdens.


Hewlett-Packard on Review for Possible Downgrade by Moody’s

Hewlett-Packard Co. had its credit ratings placed on review for possible downgrade by Moody’s Investors Service after the company decided to keep its personal computer business.

Senh: Why would they do that? I thought people in the media have generally reacted positively to the reversal by Meg Whitman.


Moody’s downgrades Spain’s credit rating, warns France on risks

Moody’s Investors Service downgraded Spain’s credit rating Tuesday and warned that France’s rating could also be at risk, citing both nations’ vulnerability as Europe struggles to manage its persistent debt crisis.


Subscribe to this RSS topic: Syndicate content