Moody’s changes EU rating outlook to negative
September 4th, 2012 - 1:39 pm ICT by IANS
New York, Sep 4 (IANS) Rating agency Moody's Investors Service has changed its outlook on the European Union's long-term debt ratings to negative from stable, sending a warning signal on ... Read more...
Posted in Business |
Moody’s downgrades Eurozone bailout fund credit outlook
July 25th, 2012 - 1:17 pm ICT by IANS
New York, July 25 (IANS) Moody's Investors Service has cut the outlook for the credit rating of the European Financial Stability Facility (EFSF) to negative from stable, warning that the ... Read more...
Posted in Business |
Moody’s downgrades 13 Italian banks
July 17th, 2012 - 3:13 pm ICT by IANS
New York, July 17 (IANS) Ratings agency Moody's Investors Service has slashed the ratings of 13 Italian banks, citing the weakened credit profile of the Italian government.The downgrades Monday came ... Read more...
Posted in Business |
Moody’s downgrades Italy debt rating
July 13th, 2012 - 2:08 pm ICT by IANS
New York, July 13 (IANS) Ratings agency Moody's Investors Service has downgraded Italy's government bond rating two notches over concerns that the country is more likely to experience a further ... Read more...
Posted in Business |
US stocks rally led by banks
June 23rd, 2012 - 11:35 am ICT by IANS
New York, June 23 (IANS) US stocks closed higher Friday after a huge sell-off in the previous session, boosted by the financial sector despite multiple credit ratings downgrades by Moody's.Ratings ... Read more...
Posted in Business |
Fitch downgrades India’s rating to ‘negative’
June 18th, 2012 - 8:41 pm ICT by IANS
Chennai, June 18 (IANS) Credit rating agency Fitch Ratings Monday revised downward India's outlook to "negative" from "stable" owing to corruption and inadequate reforms.It, however, affirmed the country's long term ... Read more...
Posted in Business |
Fitch downgrades 18 Spanish banks
June 12th, 2012 - 11:24 pm ICT by IANS
New York, June 12 (IANS) Ratings agency Fitch cut another 18 Spanish banks' long-term credit ratings Tuesday.The cut comes just one day after Fitch downgraded the country's two biggest banks, ... Read more...
Posted in Business |
Fitch downgrades Spain’s two major banks
June 12th, 2012 - 1:44 pm ICT by IANS
New York, June 12 (IANS) The rating agency Fitch downgraded Spain's two biggest banks by two notches despite the bailout effort made by the European Union (EU).Fitch Monday downgraded the ... Read more...
Posted in Business |
Moody’s cuts 26 Italian banks’ ratings
May 15th, 2012 - 1:28 pm ICT by IANS
New York, May 15 (IANS) Moody's Investors Service cut the long-time credit ratings of 26 Italian banks Monday, underlining the banking woes in both the country and the euro zone.The ... Read more...
Posted in Business |
Moody’s downgrades ICICI Bank, HDFC Bank, Axis Bank
May 14th, 2012 - 5:17 pm ICT by IANS
New Delhi, May 14 (IANS) Credit ratings agency Moody's Monday downgraded India's three top private sector lenders -- ICICI Bank, HDFC Bank and Axis Bank -- on growing concerns over ... Read more...
Posted in Uncategorized |
Fitch downgrades JPMorgan Chase after huge loss
May 12th, 2012 - 3:29 pm ICT by IANS
New York, May 12 (IANS) Fitch Ratings downgraded JPMorgan Chase's long term debt rating to A+ from AA- after the bank revealed a stunning trading loss.The rating firm also placed ... Read more...
Posted in Uncategorized |
ICRA cautious about rating updates on India
April 26th, 2012 - 7:20 pm ICT by IANS
Kolkata, April 26 (IANS) Credit rating company ICRA Thursday said it is cautious on rating updates on Indian economy and companies but would not give a "panic reaction"."We are certainly ... Read more...
Posted in Uncategorized |
What do ratings, outlook downgrades mean?
April 25th, 2012 - 7:52 pm ICT by IANS
New Delhi, April 25 (IANS) Ratings agency Standard & Poor's Wednesday cut its outlook on India to "negative" from "stable". What does it mean?Outlook indicates potential direction of ratings in ... Read more...
Posted in Business |
Moody’s downgrades Greece to lowest rating (Lead)
March 3rd, 2012 - 2:38 pm ICT by IANS
London/New York, March 3 (IANS) The rating agency Moody's has cut the sovereign credit rating of Greece to the lowest level, saying the country's default risk was high.Moody's Friday downgraded ... Read more...
Posted in Business |
Moody’s downgrades Greece rating
March 3rd, 2012 - 1:34 pm ICT by IANS
London/New York, March 3 (IANS) The rating agency Moody's has cut the sovereign credit rating of Greece to the lowest level, saying the country's default risk was high.
Moody's Friday ... Read more...
Posted in Business |
Fitch downgrades Spain’s four largest banks
February 14th, 2012 - 12:03 pm ICT by IANS
Madrid, Feb 14 (IANS/EFE) Fitch Ratings, which downgraded Spanish sovereign debt a month ago, said Monday it lowered its credit rating of Spain's four largest lenders."Fitch believes there is a ... Read more...
Posted in Business |
S&P; downgrades 34 Italian banks
February 11th, 2012 - 10:17 am ICT by IANS
Rome, Feb 11 (IANS) Standard & Poor's rating agency has downgraded 34 Italian banks.The banks whose ratings were cut included the country's biggest bank Unicredit, which was downgraded from A ... Read more...
Posted in Uncategorized |
Fitch downgrades ratings of five EU nations
January 28th, 2012 - 6:44 am ICT by IANS
Moscow, Jan 28 (IANS/RIA Novosti) International ratings agency Fitch has downgraded its sovereign credit ratings of Belgium, Cyprus, Italy, Spain and Slovenia.Ratings of Italy and Spain, two Eurozone economic heavyweights, ... Read more...
Posted in Business |
US stocks fall on bleak earnings
January 14th, 2012 - 8:46 am ICT by IANS
New York, Jan 14 (IANS) US stocks closed lower Friday as JP Morgan Chase reported worse-than-expected fourth-quarter earnings, while downgrades of several European countries spurred new concerns over the region's ... Read more...
Posted in Business |
S&P; downgrades Hungary credit rating to junk
December 22nd, 2011 - 1:54 pm ICT by IANS
London, Dec 22 (IANS) Standard & Poor's, one of the top three global ratings agencies, announced Wednesday that it had cut Hungary's sovereign credit rating to "junk" status, saying it ... Read more...
Posted in Business |
India downgrades 2011-12 economic growth to 7.5 percent
December 9th, 2011 - 6:06 pm ICT by IANS
New Delhi, Dec 9 (IANS) The government Friday officially downgraded the gross domestic product (GDP) growth rate to around 7.5 percent for the current fiscal, citing the domestic slowdown ... Read more...
Posted in Business |
S&P; places EU, big European banks on negative watch
December 8th, 2011 - 1:31 pm ICT by IANS
New York, Dec 8 (IANS) Standard & Poor's Ratings Services has put its ratings on the European Union (EU) and some big banks on negative credit watch, warning possible downgrades ... Read more...
Posted in Business |
S&P; downgrades ratings on Australia’s big four banks
December 2nd, 2011 - 1:37 pm ICT by IANS
Sydney, Dec 2 (IANS) Global rating agency Standard & Poor's (S&P;) said Friday it had downgraded Australia's big four banks' credit ratings as a result of changes to its criteria ... Read more...
Posted in Business |
US loses ’stable’ outlook from top agencies
November 29th, 2011 - 12:35 pm ICT by IANS
Washington, Nov 29 (IANS) The US has lost its last stable outlook from the three top credit-ranking companies withFitch Ratings affirming its top-notch AAA credit rating but lowering the outlook ... Read more...
Posted in Business |
US stocks end lower in holiday-shortened session
November 26th, 2011 - 2:22 am ICT by IANS
New York, Nov 26 (IANS) US stocks ended lower Friday, with the S&P; 500 and the Nasdaq falling for the seventh straight day, as market sentiment was still heavily weighed ... Read more...
Posted in Business |
Moody’s downgrades Indian banks, stocks tumble
November 9th, 2011 - 8:07 pm ICT by IANS
Mumbai, Nov 9 (IANS) Global rating agency Moody's downgraded the outlook for Indian banks saying the asset quality of various lenders could deteriorate in the next 18 months given ... Read more...
Posted in Business |
Moody’s cuts Cyprus’ credit rating
November 5th, 2011 - 11:20 am ICT by IANS
Moscow, Nov 5 (IANS/RIA Novosti) International ratings agency Moody's has lowered Cyprus' sovereign credit rating by two notches, saying that the country's banks will likely need state support next year ... Read more...
Posted in Business |
Consumer confidence dips to three year low in Italy
October 26th, 2011 - 1:14 pm ICT by IANS
Rome, Oct 26 (IANS/AKI) Italian consumer confidence in October fell to its lowest level in more than three years amid concern that efforts to cut spending in Europe's second most ... Read more...
Posted in Business |
Moody’s downgrades Spain credit rating
October 19th, 2011 - 1:52 pm ICT by IANS
New York, Oct 19 (IANS) Moody's Investors Service Tuesday downgraded Spain's credit rating by two notches from As2 to A1.Moody's put Spain's credit outlook at negative, warning more downgrade risks ... Read more...
Posted in Business |
Watch ‘Jogayya’ for Shivaraj Kumar’s performance (Kannada Movie Review)
August 21st, 2011 - 5:01 pm ICT by IANS
Film: "Jogayya"; Cast: Shivaraj Kumar, Sumith Kau Athwal, Pooja Gandhi, Ravi Shankar, Nagendra Shah, Gururaja Hosakote, Punga, Chandru Dashavara and B. Ganapathy; Director: Prem; Producer: Prem Rakshitha; Dialogue writer: Narendra Babu; ... Read more...
Posted in Entertainment |
Australian Cyclone Yasi Downgrades To Category 1 Storm, Expected To Bring Flood In Queensland
February 3rd, 2011 - 7:25 pm ICT by GD
By Gina Gomez
Tully, Australia, Feb 3, (THAINDIAN NEWS) After massive flood which made millions of people homeless in Australia, the citizens were bracing up for one of the fiercest cyclone Yasi on ... Read more...
Posted in World News |
Morgan Stanley downgrades BlackBerry maker RIM
August 21st, 2010 - 2:06 pm ICT by IANS
Toronto, Aug 21 (IANS) With its BlackBerry smart phone facing ban in India and other countries for security concerns, its new Torch 9800 device getting lukewarm response and its market share and ... Read more...
Posted in Sci-Tech |
BP calls for changes in oil exploration methods
June 4th, 2010 - 11:20 pm ICT by IANS
London, June 4 (DPA) BP called for a change in oil exploration methods and said the besieged company would be at the movement's forefront during a conference call Friday with worried investors.
BP's ... Read more...
Posted in Business |
Dunn And Bradstreet Downgrades 9000 Company Risk Profile
May 18th, 2010 - 7:56 pm ICT by GD
By Ranjan Bhaduri
Auckland, May 18 (THAINDIAN NEWS) The business environment in New Zealand is witnessing a huge flux this quarter. Undoubtedly the situation is grave that has provoked Dunn And Bradstreet to ... Read more...
Posted in Business |
Greece requests EU/IMF financial aid package
April 23rd, 2010 - 6:36 pm ICT by IANS
Athens, April 23 (DPA) Greek Prime Minister George Papandreou said Greece faced a "difficult road" as he called for the activation of a European Union/International Monetary Fund aid package aimed at pulling ... Read more...
Posted in Business |