Topic: Moody's Corporation
PARIS (Reuters) - Moody's warned France on Monday that a sustained rise in its debt yields coupled with weakening economic growth could harm its ratings outlook, fuelling concern the euro zone's second largest economy might lose its coveted AAA status.Worries about a ...
France vowed Tuesday to keep its triple-A rating following a warning from Moody's, as Germany's Angela Merkel warned that the upcoming EU summit was only one step in resolving a crisis over eurozone debt that took years to build up.The European Union ...
The US economy grew at a weaker pace than initially believed in the second quarter, the government said Friday in a report that underscored the tenuous nature of the two-year-old recovery.The Commerce Department lowered its estimate for second-quarter growth in gross domestic ...
Las Vegas homeowners will have to wait until 2020 to get back half the value of their home lost during the housing collapse and more than 20 years before getting it all back, according to a Pennsylvania research firm.The struggle of the ...
FRANKFURT (Reuters) - Credit rating agencies have yet to overcome underlying conflicts of interest that have contributed to the current crisis and their approach was a reason for concern, an ECB Executive Board member said."I am concerned about one development and that's ...
Charge-offs on U.S. credit cards fell 11 basis points in October, finishing the month at 8.79%, according to Moody's Investors Service Credit Card Indices Report. The continuing improvement in charge-offs follows the trend in the delinquency rate, which fell another 14 basis ...
"After going through its first recession in 17 years, the South African economy is recovering and expected to grow by around three percent in 2010," Moody's said in a statement."Reduced interest rates and benign inflation of 3.5 percent in August 2010 are ...
The number of Americans filing new claims for jobless benefits fell more than expected last week for the third time in four weeks, government data showed Thursday.Claims for the week to September 25 fell to 453,000, down 16,000 from the previous week's ...
Moody's slashed Ireland's credit rating on Monday, saying that the former Celtic Tiger has lost its roar because of radical state action to fight debt and rescue banks.The top rating agency said it has downgraded cut Ireland's rating by one notch to ...
Duke Energy (NYSE: DUK) reported slightly lower earnings for its first quarter as it was hit by a downturn in revenues from its industrial customers. Southern Co. (NYSE: SO) reported similar earnings down slightly to 42 cents a share from 47 cents ...