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Tiffany (TIF) reported disappointing first-quarter results and cut its 2012 outlook on weaker-than-expected demand for jewelry. Though we expect to ratchet down our near-term earnings assumptions for the company, we don't expect the impact to be material ...
May 25, 2012 at 07:35 | Source: Seekingalpha.com
May 24 - Fitch Ratings has affirmed SEACOR Holdings' (SEACOR; NYSE: CKH) Issuer Default Rating (IDR) and debt ratings as follows: --IDR at 'BBB-'; --Senior unsecured credit facility at 'BBB-'; --Senior unsecured notes at 'BBB-'. The Rating ...
May 24, 2012 at 20:08 | Source: Reuters
To avoid a meltdown in 2006, Ford Motor Co. mortgaged the farm putting up its assets -- including its Blue Oval logo, and F-150 pickup and iconic Mustang trademarks -- to secure $23.5 billion in credit. The big gamble paid off and Ford was the ...
May 27, 2012 at 09:27 | Source: United Press International
The drop in China’s exports caused by Europe’s debt crisis may affect whether Moody’s Investors Service raises the nation’s sovereign debt rating, said Tom Byrne, a senior vice president at the company. Moody’s raised China’s foreign ...
May 28, 2012 at 10:31 | Source: Bloomberg
AUGUSTA, Maine (AP) — A week after a credit rating agency cut Maine's ratings outlook from stable to negative, another credit rating agency has elevated its outlook for the state's financial health. Standard & Poor's Ratings Services announced Friday it ...
May 25, 2012 at 17:37 | Source: NECN
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
Except for the supply-tight West Coast, motorists can expect more relief at the pump heading into peak summer driving season. After topping out at $3.92 in early April, gasoline now averages $3.68 a gallon. Weak demand, slumping crude oil prices ...
May 24, 2012 at 23:43 | Source: USA Today
If you’re looking around your office this morning and wondering where everyone is, Microsoft might be to blame. Outlook 2010 users who’ve added national holidays to their calendar may notice that Microsoft is declaring today as the Spring Bank Holiday.
May 28, 2012 at 08:43 | Source: PC Pro
LDK Solar Co. (LDK) and Suntech Power Holdings Co. led declines in Chinese companies trading in New York last week, on prospects the nation’s solar makers won’t report a profit this year. The Bloomberg China-US Equity Index (CH55BN) of the ...
May 25, 2012 at 17:51 | Source: Bloomberg