blog.ockhamresearch.com - 10/29/2009
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Once thought inconceivable, an interesting trend was uncovered in the October 29th The Wall Street Journal , there are a number of debt issuing firms foregoing the traditional credit rating process. In an article titled Credit Rating Now Optional, Firms Find , the Journal points out some ...
U.S. Commercial Property Values Fall 3% in August (Update2)
bloomberg.com 10/19/2009 — Oct. 19 (Bloomberg) -- Commercial property values in the U.S. declined in August as job losses and the recession cut demand for offices, retail space and rental apartments. The Moody’s/REAL Commercial Property Price Indices fell 3 percent in August ...
Commercial Real Estate Fiasco
econompicdata.blogspot.com 10/20/2009 — Bloomberg details the fiasco that is the commercial real estate market: Commercial property values in the U.S. declined in August as job losses and the recession cut demand for offices, retail space and rental apartments. The Moody’s/REAL ...
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 ...
Short Seller Presses Bet Against Ratings Agencies (MCO, MHP)
247wallst.com 9/8/2009 — David Einhorn of Greenlight Capital may do other things other than find companies to short sell. But he became rather well known for his bet against Lehman Brothers even after it had already lost its prestige. Many were covering their short selling ...
Reducing Deficit Key to US Rating: Moody
cnbc.com 10/22/2009 — The United States, which posted a record deficit in the last fiscal year, may lose its Aaa-rating if it does not reduce the gap to manageable levels in the next 3-4 years, Moody's Investors Service said on Thursday. The U.S. government posted a ...
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 ...
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 ...
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.
Credit Indicators
calculatedriskblog.com 9/28/2009 — I haven't posted this in some time. During the crisis these indicators showed the stress in the credit markets - now the LIBOR and TED spread just show that the Fed has been effective in lowering these rates. These might be interesting to watch as the ...
Moody’s: CRE Prices Off 41 Percent from Peak, Off 3% in August
calculatedriskblog.com 10/20/2009 — From Bloomberg: U.S. Commercial Property Values Fall 3% in August (ht James) The Moody’s/REAL Commercial Property Price Indices fell 3 percent in August from July, bringing the market’s decline to almost 41 percent since its peak in October 2007, ...
InterDigital Shrs Jump On Strong Q3 —
BARRONS.com: Tech Trader Daily 10/29/2009
InterDigital (IDCC) shares are sharply higher today after the company late yesterday posted better-than-expected Q3 profits.
For the quarter, the telecom IP licensing company reported revenue of $75.5 million and profits of 69 cents a share, ...