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Illinois Pension Impasse Predicted in Penalty Jump: Muni Credit
Illinois borrowing costs are headed for the biggest monthly increase since May 2012 as investors bet two rating cuts won't be enough to spur lawmakers to fix the worst-funded U.S. state pension system.
Volatility of Solvency II ratios: broad implications for European insurers
Although the Solvency II regime has yet to be finalised, Moody's Investor Service has outlined its expectation that solvency ratios will ultimately exhibit a more complex volatility under Solvency II than under Solvency I, as both the available capital and the capital requirements of the solvency ratio will change with market conditions.
Burlington's Quest for Fast Internet Slows Credit Rating
Burlington, Vermont 's most-populous city, is on the verge of losing its investment-grade bond ranking with a municipally backed project to bring high-speed Internet service siphoning taxpayers' funds and prompting a property-tax increase.
Weyerhaeuser paid 'upper end' price for Longview
Weyerhaeuser clung on to its investment grade rating, after unveiling the $2.65bn purchase of Longview Timber at a price described as being at the "upper end" of the market, thanks to a deal structure which relies heavily on shareholders for financing.
GOL Announces that PRASK Grows 11% and Fuel PMP Remains Flat Over May 2012
This is the biggest difference in PRASK and Fuel Price in GOL's history. In May, GOL continued its strategy of optimizing domestic supply, which fell by 6.1% year over year , due to the discontinuation of Webjet's operations.
Moody's Lowers Teva's Outlook After Pfizer Settlement
On Friday, Moody's Investor Service reiterated its A3 rating for Teva Pharmaceutical Industries Ltd. , but lowered the outlook from "Stable" to "Negative", following the company's $1.6 billion patent infringement settlement with Pfizer Inc. and Takeda Pharmaceuticals Co.
Franklin Institute's outlook lifted
The Franklin Institute 's credit-rating outlook has improved to "stable" from a previous "negative" outlook, Moody's Investor Service analyst Heidi Wilde said Thursday in a report to clients.
Moody's Investors Service has re-affirmed Point Pleasant Beach's A1 credit rating on $17.2 million of outstanding general obligation debt, but has also assigned a "negative outlook" for the borough.
New York reaches deal with Seneca Nation on casino revenue
New York State and the Seneca Nation have reached a deal that would pump $140 million of Indian casino revenue into three struggling Western New York cities, the state said on Thursday.
Moody's to evaluate PH economy in Q3
Moody's Investors Service is due to evaluate the Philippines next quarter, but an upgrade to investment grade status is not hinged on that, officials said yesterday.
Moody's confirms B1 rating for Chrysler
New York, June 13 - Ratings agency Moody's confirmed its B1 rating for Chrysler, with a stable outlook, according to a report released on Thursday.
Copper Resumes Decline as World Bank Cuts Global Growth Forecast
Copper resumed a decline in London after the World Bank lowered its estimate for global growth this year, stoking concern demand for the metal is set to slow.
Rating Agency Litigation Consolidated In Southern District of New York
On June 6, the United States Judicial Panel on Multidistrict Litigation issued a transfer order consolidating consumer fraud and securities actions brought by the attorneys general of fifteen states against Standard & Poor's Financial Services LLC and two related declaratory judgment actions brought by S&P.
Critical Alerts For Texas Instruments, Moody's, ONEOK, Illumina...
To see what our analysts have discovered about these stocks read the InvestorsObserver's PriceWatch Alerts at http://www.investorsobserver.com/pr/61120130 Today's PriceWatch Alerts cover the following stocks: Texas Instruments , Moody's , ONEOK , Illumina and Vivus .
MidOcean Nears Buy of Water Pik
It's unclear how much the deal is valued. However, Water Pik is currently in the market for a $335 million loan to back MidOcean's purchase of the company, Thomson Reuters Loan Pricing Corp. said.
Moodys Corporation Rating Lowered to Neutral at Lazard Capital Markets
Moodys Corporation traded down 2.19% on Monday, hitting $62.13. Moodys Corporation has a 1-year low of $33.86 and a 1-year high of $69.70.
Bass Pro Shops made a Missourian a billionaire and left two cities hanging
Bloomberg News on June 3 dispatched a rare profile of Morris, a 65-year-old who is not keen on media attention.
This morning, Benchmark downgraded shares of Moody's from buy to hold as higher costs could impact earnings at the ratings agency.
Fitch Avows Allstate's Credibility - Analyst Blog
Last week, Fitch Ratings asserted the debt and credit ratings of Allstate Corp. and assigned rating of "BBB+" on the company's newly issued notes worth $1 billion as well.
Karen Parr-Moody's Delusions of Glamour: Capture life's moments in portraits
The fragrance of baby shampoo shot through my nostrils, like an arrow, to that primitive part of the brain that is hard-wired for scent.