7 min ago
WRAPUP 3-U.S. jobless claims hit more than 8-year low, but home sales tumble
The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction.
4 hrs ago
The Washington Post
Investors worry over looming Puerto Rico debt
Bond traders and ratings agencies are growing increasingly alarmed that the billions of dollars in debt incurred by Puerto Rico and its public corporations could go unpaid, after the commonwealth passed a measure in June that would allow entities to restructure debt.
8 hrs ago
McGraw Hill Financial Retreats After Receiving Wells Notice
McGraw Hill received the Wells Notice because the SEC's staff made a preliminary recommendation that the agency take an enforcement action against the company, McGraw Hill reported.
Wed Jul 23, 2014
The Washington Post
Atlantic City's Credit Rating Cut Two Steps to Junk by Moody's
Atlantic City , New Jersey , the gambling hub that's been pummeled by regional competition in the U.S. Northeast, had its credit rating cut two levels to speculative grade by Moody's Investors Service.
Standard & Poor's raises view on New York state debt
Standard & Poor's raised New York state's debt rating one notch away from a top investment grade on Wednesday due to stronger budgeting practices in state government.
Tue Jul 22, 2014
House majority leader seeks to rein in PA debt as Moody's downgrades again
Majority Leader Mike Turzai, R-28, Pittsburgh, is introducing a bill to set annual spending limits for the state capital budget.
Mon Jul 21, 2014
Pennsylvania sees 3rd rating downgrade in 2 years
New York-based credit ratings agency Moody's Investors Service is slapping a lower rating on Pennsylvania's debt for the second time in two years, as state government grapples annually with built-in budget deficits.
UPDATE 1-Moody's cuts Pennsylvania rating to Aa2 on budget concerns
Moody's Investors Service downgraded its rating on Pennsylvania debt to Aa3 from Aa2 on Monday, the third consecutive year that a new state budget has prompted a credit cut.
Moodya s Analytics July U.S. Macro Outlook: The Productivity Puzzle
In the report, Chief Economist Mark Zandi analyzes why US real GDP growth stalled during the first half of 2014 as job growth quickened across a wider range of industries, regions and pay scales.
Thu Jul 17, 2014
Hotel News Resource
Investment Rating Service Slams Gaming Industry - By John Hendrie
You would think that the Gaming Industry would be screaming with outrage with the most recent down outlook by Moody's Investors Service, revising its' update of the industry from stable to negative.
Wed Jul 16, 2014
Industrial Production in U.S. Climbed 0.2% in June, Fed Says
Industrial production climbed 0.2 percent in June, capping the strongest quarter in almost four years and indicating manufacturers are providing a bigger spark for the U.S. economy .
Cote d'Ivoire sets final guidance on US$750m 10-year bond
Cote d'Ivoire, rated B1 by Moody's and B by Fitch, has set final guidance on its 10-year US dollar benchmark bond at a yield of 5.75% area .
Left At The Gate
More Local Lawsuits As State Continues to Not Expand Casinos
It's funny sometimes with these occasional encounters that Cuomo has with the press corps....or I suppose in any similar situation with most any politician....that the reporters all seem to pick up on the same quotes - in this case: "The state is not building any casinos, and the state is not spending any money here......These are private companies ... (more)
Tue Jul 15, 2014
Durham keeps Triple A rating
The Region has maintained its Triple A credit rating with Moody's Investors Service of New York, despite Moody's recent move to lower the provincial rating to 'Aa2 negative' from 'Aa2 stable.'
Mon Jul 14, 2014
Picking up Pennies in Front of a Steamroller and Today's Other Stories
The " carry " trade is in vogue at the moment, largely because it's being used by investors to capitalize on burgeoning emerging markets.
Moody's Issues Bonds Yielding Over 5%
You've probably heard of Moody's Corporation because of its ratings on debt securities.
Preferred Stock Buyers: Time To Change Tactics For Sub-$25 Purchases
The price of Allstate's new Series F preferred stock increased by over $1 per share in 30 days.
Liberals not worried about credit downgrade when Ontario budget introduced today
Ontario's Liberal government is dismissing Opposition claims that today's budget will lead to a very expensive downgrade in the province's credit rating.
Sun Jul 13, 2014
The Macon Telegraph
Credit ratings still broken, experts say, offer a fix
Credit ratings agencies still measure the likelihood that exotic securities will default in the same flawed ways that they have in the past, wrote Ann Rutledge, a New York expert in these types of securities, and Robert Litan, a senior fellow in Brookings' Economic Studies Program.
Fri Jul 11, 2014
The Washington Post
Moodya s U.S. college credit ratings: Three dozen drop
Howard University 's credit rating from Moody's Investors Service fell this month for the second time in the past year, largely on concerns about money woes at its hospital.