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Moody's cuts global junk default peak forecasts | Markets | Bonds News
LONDON, Aug 6 (Reuters) - Moody's Investors Service has sharply lowered its peak default rate forecasts for speculative-grade companies thanks to a sharp narrowing in spreads and a re-opening of the high-yield bond market. The rating agency no longer expects the default rate to be worse in ...
More Homeowners ‘Upside Down’ on Mortgages - Developments
blogs.wsj.com — Home price declines may be luring more home buyers back to the market, but they’re also leaving... more American homeowners with negative equity. Some 24% of owner-occupied homes had mortgage debt that exceeded the values of those homes at the end of ... (more) More Homeowners ‘Upside Down’ on Mortgages - ...
Market and Credit Indicators
Market and Credit Indicators
calculatedriskblog.com — The S&P; 500 closed about 1000 for the first time since last November. Click on graph for... larger image in new window. The first graph shows the S&P; 500 since 1990. The dashed line is the closing price today. The S&P; 500 is up 48.2% from the ... (more) Market and Credit Indicators
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Thursday links: trend turnaround
Abnormal Returns — ... before they invest?  (Daily Options Report) Put buyers are on strike.  (VIX and More) Are we facing a replay of the commodity spike of 2008?  (FT Alphaville) Do fixed income ETFs work as advertised?  (IndexUniverse, ibid) Moody’s forecasts a lower peak in junk bond defaults.  (Reuters) Traders should always be on the lookout for new trading ...

Twenty Notes on Current Risks in the Markets
The Aleph Blog — ... 12)  So things are looking better with junk bond defaults.  Perhaps it was an overestimate, or that it would not all come in 2009.  We will see. ...

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CORRECTED - Moody's cuts New York Times rating to junk | Markets | Bonds News
reuters.com 1/23/2009 — (Corrects rating in second paragraph to "Ba3.") NEW YORK, Jan 23 (Reuters) - Moody's Investors Service on Friday cut its ratings on The New York Times Co ( NYT.N ) into junk territory, saying declining advertising revenues will continue to pressure ...
Home prices won't regain peak this decade: Moody's
marketwatch.com 9/19/2009 — Alert Email Print By John Spence , MarketWatch BOSTON (MarketWatch) -- Moody's Investors Service threw cold water on optimistic projections of a V-shaped recovery in the battered U.S. housing market, predicting it could take more than 10 years to get ...
NY insurance official raises concerns over Moody's
reuters.com 9/21/2009 — Lilla Zuill NEW YORK (Reuters) - An official in the New York Insurance Department says insurance regulators from across the country are expected to discuss dropping Moody's Investors Service from a list of acceptable rating organizations at a meeting ...
Greenlight's Einhorn says shorting Moody's | Markets | Markets News
reuters.com 5/28/2009 — * Greenlight Capital's Einhorn says shorting Moody's stock * Greenlight says credit ratings lost credibility * Einhorn says Moody's has negative net worth $900 mln * $7.2 mln Allied Capital short-sale gain goes to charity By Joseph A. Giannone NEW ...
Moody’s Intrinsic Value
widemoatinvesting.wordpress.com 4/10/2009 — 2008 was a tough year for Moody’s Corporation, with free cash flow (FCF) levels falling to 2003 levels, or $450 million. In our previous analysis, we argued that Moody’s economic moat has shrunk over the last couple of years, as its credit ratings for ...
Moody's Joins S.&P. in Warning on California Debt
dealbook.blogs.nytimes.com 6/20/2009 — The state of California is facing a "multi-notch" downgrade of its debt if it fails to resolve its enormous budget woes, Moody's Investors Service said Friday.
Moody's may cut $241 billion jumbo mortgage debt | Markets | Bonds News
reuters.com 3/19/2009 — NEW YORK, March 19 (Reuters) - In a move reflecting widening stress in the U.S. housing market, Moody's Investors Service on Thursday said it may downgrade $240.7 billion of securities backed by prime-quality "jumbo" U.S. residential mortgages ...
David Einhorn versus Warren Buffet on Moody's (MCO)
fundmymutualfund.com 5/28/2009 — Battle Royale in Moody's ( MCO ) it appears after David Einhorn engages on the short side versus Warren Buffet's long position. For those not familiar with David Einhorn he is a youngish hedge fund manager who exposed Lehman Brothers in a very public way - that said his hedge fund lost 22% last ...
Alt-A Losses Outstripping Expectations, Moody’s Says : HousingWire || financial news for the mortgage market
housingwire.com 11/20/2008 — Severe delinquencies on recent-vintage Alt-A RMBS are quickly getting worse than expected, Moody’s Investors Service said earlier this week; the rating agency said worsening trends in Alt-A have forced it to undertake a revision of lifetime loss ...
Credit Crisis Indicators
calculatedriskblog.com 4/3/2009 — Here is a quick look at a few credit indicators: First, the British Bankers' Association reported that the three-month dollar Libor rates were fixed at 1.166%. The LIBOR was at 1.30% a couple of weeks ago, and peaked at 4.81875% on Oct 10, 2008. This ...
Chip Sales Up 3.7% in June, Says SIA, “Gradual Recovery”BARRONS.com: Tech Trader Daily 8/3/2009
Global chip sales rose 3.7% in June from May, to $17.2 billion, the Semiconductor Industry Association reported today . Sales declined 20% from the prior year. It’s the fourth consecutive month of month-on-month increases, the SIA noted. ...
Salesforce: Global Equities Sees Weak BookingsBARRONS.com: Tech Trader Daily 8/5/2009
Stay on the sidelines with Salesforce.com (CRM), advises Global Equities Research analyst Trip Chowdhry in a note to clients today. Competitors in enterprise software, including Oracle (ORCL), SAP AG (SAP), and VMWare (VMW), are all ...