reuters.com - 1/28/2009
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BOSTON (Reuters) - Moody's Investors Service said on Tuesday it was reviewing General Electric Co's ( GE.N ) triple-A credit ratings, which could lead to a downgrade, and its shares fell as much as 5 percent in extended trade. The move raises the risk that GE, which has a hefty finance business, ...
reuters.com - 1/23/2009
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reuters.com —
(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 ...
(more)
CORRECTED - Moody's cuts New York Times rating to ...
telegraph.co.uk - 2/2/2009
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telegraph.co.uk —
Shares in the bank fell 9pc to 96p
as the market opened. The bank's shares fell 31pc...
in January as concerns grew that it may be forced to accept a Government capital injection because of significant credit crisis-related writedowns. However, the ...
(more)
Barclays has credit rating downgraded
washingtonpost.com - 2/3/2009
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washingtonpost.com —
Comments that include profanity or personal attacks or
other inappropriate comments or material will be removed from...
the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
(more)
Moody's Economist Has Become a Go-To Guy on Stimulus Plan
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Moody’s could cut GE rating
FT Alphaville —
Moody’s Investors Service said Tuesday it was reviewing General Electric’s triple-A credit ratings, which could lead to a downgrade, and its shares fell as much as 5% in extended trade, reports Reuters. The move raises the risk that GE, which has a hefty finance business, could lose the long-term top rating that has been a cornerstone of its GE Capital finance business. A rating downgrade could make it more difficult and costly for GE to borrow money. On Monday, S&P - which has already warned it could cut GE’s triple-A rating - said its view would not be affected by ...
Wednesday morning links
The Mess That Greenspan Made —
TOP STORIES House to vote on Obama's economic stimulus plan - AP Fed to hold rates near zero, kickstart economy - Reuters Americans Lost Over a Quarter of 401(k) Savings in 2008 - Washington Post Fed in uncharted waters, eyes new tools - AP Target eliminates positions amid weak sales - Reuters Citigroup will not take possession of new aircraft - AP Moody's says could cut GE's triple-A credit rating - Reuters MARKETS/INVESTING Crude Oil Little Changed Before Supply Report as Equities ...
S&P downgrades GE
FT Alphaville —
... and GE had little success in managing working capital in 2009 . We would also review the outlook or rating if we came to expect that GECC would report significant losses for an extended period of time, if the company shifted its financial policies, or if strategic shifts in GE’s portfolio of businesses were to jeopardize the company’s excellent business risk profile. Related links: General Electrocuted - FT Alphaville Investors fear GE will lost triple-A rating - FT Moody’s says could cut GE’s rating - Reuters
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Greenlight's Einhorn says shorting Moody's
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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 ...
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 ...