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Some of the Nordic region’s largest banks, among the best rated in Europe, were downgraded by Moody’s Investors Service on concern that a reliance on wholesale funding has left them vulnerable to market volatility. The actions follow the ...
May 25, 2012 at 16:04 | Source: Bloomberg
Moody's Investors Service downgraded its long-term ratings on three Swedish banks, reflecting high reliance on wholesale funding, low profit margins and risk to asset quality. Moody's lowered its ratings on Nordea Bank AB and Svenska ...
May 25, 2012 at 03:10 | Source: Marketwatch
Moody’s Investors Service recently affirmed the City of Ankeny’s Aa2 rating for long-term and MIG1 rating for short-term general obligation bond debt. The agency cited Ankeny’s stable and well-managed financial operations and healthy ...
May 23, 2012 at 12:24 | Source: Des Moines Register
Sweden’s banks, among the best rated in Europe, shouldn’t pay too much attention to Moody’s Investors Service because the rater’s assessments tend to be outdated, Swedbank (SWEDA) AB Chief Financial Officer Goran Bronner said.
May 23, 2012 at 08:49 | Source: Bloomberg
Moody’s Investors Service tipped its hat to what it called Ford Motor’s (F) “sound operating and financial disciplines” and raised the Detroit automaker’s credit rating to “investment grade” on Tuesday, citing strength in North ...
May 21, 2012 at 23:54 | Source: FOXBusiness
In a separate report, Moody’s Investors Service also highlighted the vulnerability of the property sector, noting that developers’ liquidity profiles have deteriorated since December due to greater levels of short-term debt and low cash balances.
May 24, 2012 at 10:07 | Source: Wall Street Journal
NEW YORK — Moody's Investors Service raised its credit rating on Mylan Inc. Wednesday, saying it expects strong sales growth for the generic drugmaker. Moody's raised its rating to "Ba1" from "Ba2." The new rating is still "junk" status, one notch below ...
May 23, 2012 at 22:40 | Source: CBS News
NEW YORK May 23 (Reuters) - The credit rating for New York's Triborough Bridge and Tunnel Authority was cut on Wednesday to Aa3 from Aa2 by Moody's Investors Service, which cited an uncertain regional economic recovery and low levels of liquidity.
May 24, 2012 at 01:10 | Source: Reuters
Some of the Nordic region’s largest banks, among the best rated in Europe, were downgraded by Moody’s Investors Service on concern that a reliance on wholesale funding has left them vulnerable to market volatility. Sweden’s Nordea Bank AB ...
May 25, 2012 at 11:32 | Source: Moneynews (blog)
Moody's Investors Service has changed the outlook on PTT Exploration and Production Plc (PTTEP)'s credit rating to negative from stable, following the company's improved offer for Cove Energy Plc which could weaken its financial strength.
May 26, 2012 at 12:28 | Source: Nation - Thailand