Posts Tagged With: Standard

Standard & Poor’s Cuts Nokia’s Credit Rating; Concern Over Financial Position

Posted on April 27, 2012 by admin

A report from Wall Street Journal: STOCKHOLM (Dow Jones)–Rating Agency Standard & Poor’s cut Nokia Corp.’s (NOK) long-term credit rating to one notch into junk Friday, forecasting a further drop in revenue on declining Symbian devices sales this year, following downgrades by Moody’s and Fitch in a chorus of growing concerns over the Finnish handset &hellip Continue reading »

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How to improve your credit score – Business Standard

Posted on March 4, 2012 by admin

A report from How to improve your credit score – Business Standard: How to improve your credit score Maintain discipline on repayment dates and commitments. If debt is high, try part payment Arvind Rao / Mumbai Mar 04, 2012, 00:45 IST Poor credit history is a common problem that can destabilise your finances. It may &hellip Continue reading »

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Greece’s Credit Ratings Cut to Selective Default by Standard & Poor’s

Posted on February 28, 2012 by admin

A report from Bloomberg: Greece had its long-term sovereign credit ratings cut to selective default from CC by Standard & Poor’s Ratings Services, which cited an action by Greece’s government regarding its sovereign debt that began a “distressed debt restructuring.” The downgrade was triggered after Greece retroactively inserted collective action clauses in the documentation of &hellip Continue reading »

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Standard & Poor’s gives Arlington better credit rating than US

Posted on August 23, 2011 by admin

A report from Boston Globe: By Brock Parker, Town Correspondent The United States may not have an AAA credit rating according to Standard & Poor’s, but Arlington does. Arlington Treasurer Stephen Gilligan said Standard & Poor’s reaffirmed the town’s AAA rating shortly after downgrading the credit rating for the U.S. to AA-plus earlier this month. &hellip Continue reading »

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Interactive Map: Standard & Poor’s Credit Rating for each country

Posted on August 11, 2011 by admin

A report from GlobalNews.ca: Global stock markets tumbled Friday amid fears the U.S. may be heading back into recession and Europe’s debt crisis is worsening. The sell-off follows the biggest one-day points decline on Wall Street since the 2008 financial crisis. Photo Credit: Ramin Talaie , Bloomberg TORONTO – The U.S. Federal Reserve sketched a &hellip Continue reading »

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White House comments on Standard and Poor’s credit downgrade

Posted on August 8, 2011 by admin

A report from The State Column: White House press secretary Jay Carney commented Sunday on the decision by Standard and Poor’s credit rating agency to downgrade the U.S. AAA credit rating, saying President Obama remains committed to reducing the nation’s exposure to debt. “The President believes it is important that our elected leaders come together &hellip Continue reading »

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Standard & Poor credit rating: Asia moves to calm US debt downgrade fears

Posted on August 6, 2011 by admin

A report from Economic Times:HONG KONG: Japan led Asian governments in seeking to calm fears over the American debt downgrade on Saturday, saying Tokyo’s trust in US Treasuries remained unchanged. Standard & Poor’s has cut the US rating a notch from the top flight triple-A to AA+, saying its politicians were becoming less able to &hellip Continue reading »

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Standard & Poor’s warns of possible News Corp. downgrade

Posted on July 19, 2011 by admin

A report from Los Angeles Times: With fallout from the News of the World phone hacking scandal far from contained, corporate ratings firm Standard & Poor’s on Monday said that it was putting Rupert Murdoch’s News Corp. on its “CreditWatch” list, which could result in a possible credit downgrade.   The move would be costly for &hellip Continue reading »

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California Budget Gets Approving Nod From Standard & Poor’s

Posted on July 8, 2011 by admin

A report from San Francisco Chronicle: (Updates with banker’s comments in fifth paragraph.) July 8 (Bloomberg) — California Governor Jerry Brown’s financial plan for the most populous U.S. state got a vote of confidence in the municipal bond market as Standard & Poor’s boosted its credit outlook to stable from negative. While S&P maintained its &hellip Continue reading »

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La.’s credit rating gets a boost from Standard & Poor

Posted on May 9, 2011 by admin

A report from NOLA.com: Gov. Bobby Jindal’s administration got some good news from Wall Street last week when Standard & Poor updated its assessment of the state’s credit worthiness. The firm cited Louisiana’s “strong financial management practices” and an unemployment rate that is lower than the rest of the country in giving the state an &hellip Continue reading »

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