Friday Mar 7
Commonweath REIT faces downgrade amid shareholder revolt
Moody's Investors Service said Friday that some $2 million in CommonWealth REIT debt faces a possible downgrade as the company fends off an attempt by activist shareholders to displace its entire board of directors.
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Friday Mar 7
Planned PGW sale wins analyst's praise
If it gets past City Council and the Pennsylvania Public Utility Commission, Mayor Nutter's plan to sell Philadelphia Gas Works to UIL Holdings Corp. for $1.86 billion will be a "credit positive" move that could help boost the city's bond rating and cut its borrowing costs, analyst Michael D'Arcy wrote Thursday in a report to clients of Moody's ... (more)
Thu Mar 06, 2014
Pakistan's banking system outlook remains negative
Limassol: The outlook for Pakistan's banking system remains negative, says Moody's Investors Service in a new report published on Thursday.
Moody's upgrades Bank of Queensland to A3 from Baa1
Issuer: ..Upgrades: .... Adjusted Baseline Credit Assessment, Upgraded to baa1 from baa2 .... Baseline Credit Assessment, Upgraded to baa1 from baa2 .... Issuer Rating, Upgraded to A3 from Baa1 .... Senior Unsecured Regular Bond/Debenture, Upgraded to A3 from Baa1 ....Senior Unsecured Deposit Rating, Upgraded to A3 from Baa1 ....Senior Unsecured ... (more)
RadioShack Results Push Bonds to Default Zone
After reporting its worst quarterly sales drop in almost 15 years, RadioShack Corp. is as good as defaulted in the eyes of credit investors, according to Moody's Corp.'s capital markets research group.
Companies in U.S. Added Fewer Jobs Than Forecast in February
Companies added fewer workers than projected in February, a sign that U.S. employers were waiting for a pickup in demand before boosting headcount, a private report based on payrolls showed today.
Wed Mar 05, 2014
The Motley Fool
Target Tech Chief Exits As Exxon Dips on Flat Production Guidance
After news out of Ukraine dominated the markets for the first two days of the week, trading was calmer today as investors responded to a tepid jobs report from ADP and remarks from the Fed on the current state of the economy.
Moody's downgrades Sparebanken Oest's rating to Baa1
The bank's standalone bank financial strength rating of C-, equivalent to a baseline credit assessment of baa2, and Prime-2 short-term deposit ratings were affirmed.
Why is Nationstar sitting pretty when Lawsky is on its back?
Nationstar is under a lot of scrutiny, the latest being a double-dose of good and bad news a nod from Compass Point Trading & Research on opportunities for the Texas firm in the 2015 federal budget, and a warning from New York state's top financial regulator.
Weather restrains U.S. private hiring, services sector growth
U.S. private employers added fewer workers than expected in February and services sector growth slowed, the latest signs that severe weather continues to be a drag on the economy.
Moody's upgrades BBVA's ratings to Baa2
At the same time, Moody's upgraded BBVA's standalone Bank Financial Strength Rating to C- ) from D+/baa3 and its short-term rating to Prime-2 from Prime-3.
Chicago Cut to 3 Levels Above Junk by Moody's on Pensions
Chicago 's credit rating on $7.8 billion of general-obligation debt was cut one level to Baa1 by Moody's Investors Service, citing "massive" pension liabilities for the third-most populous U.S. city.
Tue Mar 04, 2014
Variable-rate munis could stabilize this year -Moody's
After declining for years, the outstanding amount of U.S. variable-rate demand bonds could begin to hold steady because of rising interest rates and improving credit conditions for the banks that support such debt, Moody's Investors Service said in a report released on Tuesday.
OneStopPlus to pay out second dividend to PE owners
It's been only a year since Charlesbank Capital Partners and Webster Capital acquired OneStopPlus , but the PE firms look like they're already getting a significant part of their investment back.
Sharp growth in health exchange enrollments expected: Moody's
Private health insurance exchanges, which now provide coverage to a sliver of the employer market, are likely to grow exponentially during the next few years, predicts a new report released Tuesday.
Moody's Corporation to Present at Investor Conferences
Both sessions will be webcast live and can be accessed at Moody's Investor Relations website, http://ir.moodys.com .
Sun Mar 02, 2014
Brazil: Gol Announces the Exercise of Smiles S.a. Stock Purchase Option by General Atlantic
This amount represents a total of 3,443,476 shares, or 2.8% of Smiles' capital stock, corresponding to: 20% of the amount in Reais effectively invested by General Atlantic in the subscription of shares within the Smiles IPO (i.e. .
Sat Mar 01, 2014
Lincoln Daily News
U.S. GDP revised down, but hints of economic thaw emerge
The U.S. government slashed its estimate for fourth-quarter economic growth on Friday in the latest sign of a loss of momentum, but some tentative signs emerged that suggested the worst of the slowdown may be over.
Fri Feb 28, 2014
Moody's raises Germany outlook to stable from negative
Moody's raised its outlook for the German bond rating to "stable" from "negative", citing the lowered risk that Berlin would be called on to prop up weak Eurozone economies.
UPDATE 1-Moody's rates Puerto Rico $3.5B GO bonds provisional Ba2
Moody's Investors Service on Friday assigned a provisional rating of Ba2 to Puerto Rico's planned issuance of up to $3.5 billion general obligation bonds, saying it expects the U.S. territory to raise sufficient funds to sustain it through 2015.