bond ratings – News Stories About bond ratings - Page 1

EU Bailout: Greek Default Almost Inevitable, Says Moody's

Moody's:
Greek Default
'Virtually Certain'

Jul 25, 2011 6:27 AM CDT

Moody's: Greek Default 'Virtually Certain'

But EU effort means country will likely stabilize

(Newser) - Moody's downgraded Greece's bond ratings by a further three notches today and warned that it is almost inevitable the country will be considered to be in default following last week's new bailout package . The agency says the new EU package of measures implies "substantial" losses for...

Moody's Downgrades Buffett

Apr 8, 2009 9:31 PM CDT

Moody's Downgrades Buffett

(Newser) - Warren Buffett's oracle aura took another hit today. Moody's downgraded his Berkshire Hathaway from its top Aaa rating to Aa2, citing "a severe decline in equity markets," the Wall Street Journal reports. The move follows a similar move by Fitch Ratings last month for Berkshire, whose shares are...

Investors Flee GE
Despite Soaring Profits

Mar 5, 2009 7:00 AM CST

Investors Flee GE Despite Soaring Profits

Fears about GE's capital arm and a possible loss of AAA rating stoke concerns

(Newser) - General Electric, long considered a reliable growth company paying an attractive dividend, is taking a beating ahead of a possible cut to its AAA debt rating, Bloomberg reports. Though GE recently posted its third-highest annual profit ever, the company has lost $264 billion in market value in 12 months and...

Municipalities Challenge
Bond Ratings

Mar 3, 2008 12:20 PM CST

Municipalities Challenge Bond Ratings

Local officials say double standard cheats taxpayers

(Newser) - City and state officials are mounting a rebellion against bond rating firms they say are siphoning off billions of taxpayer dollars by giving them unfairly low credit ratings, the New York Times reports. Even though municipal bonds are generally safer than those issued by corporations, municipalities get lower credit scores,...