A year after Standard & Poor’s cut the U.S. credit rating from AAA to AA+, interest rates are lower than ever. Who made the right -- and wrong -- predictions?
Moody's Investors Service has lowered the outlook for the credit ratings of three of Europe's strongest economies: Luxembourg, the Netherlands and Germany. It's part of a busy day in Europe that has investors on-edge -- markets there are barely moving.
The credit rating agency Moody's slashed the ratings of 15 of the world's biggest financial institutions, including Citigroup and Bank of America here in the U.S. and Barclays and Credit Suisse in Europe.
Moody's has downgraded the credit ratings of 15 banks in Europe and North America -- that continues to rattle markets in Asia and Europe today so far.
The long-time king of consumer electronics is listing like the Costa Concordia. The foreign CEO who was supposed to right the ship is gone; today, S&P downgrades its debt into the BBB’s. Ouchy. The company known for innovation and quality (how long ago it seems, but they won the Blu-ray, HD-DVD war, remember?) has found […]