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Moody's upgrades Portugal's debt a notch

Source: Channel News Asia

PORTUGAL-FINANCE-PUBLIC-DEBT-ARMY-PROTEST
WASHINGTON: Moody's on Friday (25 July) raised the debt rating of Portugal one notch to Ba1 and said it had a stable outlook, despite troubles at a major banking group.Moody's cited the Portuguese government's "comfortable liquidity position, with regained access to the public debt markets and sizeable cash buffers" as a factor in making the upgrade. A man passes by a BES (Espirito Santo Bank ...
Full article at: Channel News Asia 2 days ago, 5:28pm CDT
 


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Pizza Express to Find Future Price Increases Difficult: Moody's

Source: IBTimes UK

The Moody Blues In Concert
Moody's assigns corporate family rating of B3 to Twinkle Pizza Holdings, the holding company of ...
Full article at: IBTimes UK 3 days ago, 2:04am CDT
 

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Moody's Cools Australia Housing Fears

Source: WSJ.com: Asia Home

The Moody Blues In Concert
Despite sharp gains in Australian house prices over the past year, Moody's Analytics said that prices are overvalued only in some states, not across the ...
Full article at: WSJ.com: Asia Home 4 days ago, 11:40pm CDT
 

Moody's Affirms Sri Lanka's Credit Rating at B1 but Warns of Weak Government Finances

Source: IBTimes UK

The Moody Blues In Concert
A sustained decline in Sri Lanka's deficit, debt and borrowing costs would be seen as credit positive, Moody's said ...
Full article at: IBTimes UK 5 days ago, 2:58am CDT
 

RIL's Q1 performance supports credit profile: Moody's

Source: Moneycontrol.com

"RIL's operating performance was largely stable, with improved contributions from its upstream oil and gas segment offsetting weaker petrochemical results," said Vikas Halan, Moody's Vice Preside ...
Full article at: Moneycontrol.com 5 days ago, 11:26am CDT
 

Debunking the Bogeyman: What role do credit ratings agencies actually play?

Source: Rabble.ca

GQ Celebrates The Spring 2015 Milan Collection
Tuesday, July 22, 2014 In Part One of this three-part series on rating the rating agencies, Joyce Nelson looks at the role the Big Three CRAs had in the economic crisis. It's refreshing to see some Canadian mainstream media columnists challenging the influence of Moody's and the other big credit ra ...
Full article at: Rabble.ca 6 days ago, 12:21pm CDT
 

ECB Review of Banks: Outcome of Exercises Should be Credible, says Moody's

Source: IBTimes UK

The Moody Blues In Concert
Comprehensive assessment of eurozone banks by European Central Bank will be fruitful only if outcome of exercises is credible, says ...
Full article at: IBTimes UK 1 week ago, 3:47am CDT
 

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Espirito Santo group plunges into risk of default

Source: Channel News Asia

PORTUGAL-FINANCE-PUBLIC-DEBT-ARMY-PROTEST
LISBON: Portuguese banking group Banco Espirito Santo, threatened by a financial crisis affecting its main shareholder, came under more pressure Thursday from a risk of default and two credit downgrades.Moody's credit rating agency downgraded the notation of a key holding company in the group to within one notch of default status, the day after a downgrade by SandP for the bank itself. This latest two-notc ...
Full article at: Channel News Asia Jul 17 2014, 8:19am CDT
 

How Kansas and California Debunked the GOP's Tax Cuts Argument

Source: Politics - The Huffington Post

Paul Ryan Campaigns In Wisconsin
Imagine making a bet with a hardline trickle-down believer like Paul Ryan on a state's projected economic growth. You would bet that one state that raised taxes on its richest residents would have unprecedented new job creation and a vastly improved economy, while Paul Ryan would bet that a state which cut taxes for the wealthy would have the better economy. If this bet actually took place, you would walk away ...
Full article at: Politics - The Huffington Post Jul 16 2014, 9:23am CDT
 

Asian banks resilient to changing financial conditions: Moody's

Source: Channel News Asia

SINGAPORE: As global financial conditions shift, pockets of risks will emerge that Asian banks, excluding those in Japan, will have to contend with, said ratings agency Moody's on Wednesday (July 16).The long, positive credit cycle enjoyed by the banks in the region may be about to peak, introducing new challenges for lenders, Moody's said. One example of this is the gradually rising United ...
Full article at: Channel News Asia Jul 15 2014, 11:15pm CDT
 



 

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