Moody's Narrows FY24 Outlook Range - Update

SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures

The U.S. Securities and Exchange Commission has fined six major credit rating organizations a total of $49 million for significant failures to maintain and preserve electronic communications. Admitting the facts in their respective SEC orders, Moody's Investor Service Inc. and S&P Global Ratings agreed to pay a $20 million civil penalty each. Further, Fitch Ratings Inc. agreed to pay $8 million...

RTTNews | il y a 43

Moody's Cuts Signature Bank's Rating To Junk

Moody's Investors Service has downgraded the ratings of the collapsed Signature Bank to junk, and will withdraw its ratings for business reasons. The rating agency also put the following six banks under review before deciding on downgrading them - First Republic Bank, Zions Bancorp., Western Alliance Bancorp, Comerica Inc, UMB Financial Corp and Intrust Financial Corp.

RTTNews | il y a 583

Moody's Slashes FY22 Outlook - Update

While reporting financial results for the third quarter on Tuesday, Moody's Corp. (MCO) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2022.

RTTNews | il y a 722

European Economic News Preview: ECB Set To Cut Key Rates

The European Central Bank is widely expected to lower its key interest rates on Thursday as concerns about the growth outlook heightened amid inflation falling below the 2 percent target. The bank is forecast to cut the key rates by 25 basis points today after a similar reduction last month. The announcement is due at 8.15 AM ET. Later today, the bank will release the Survey of Professional Fore

RTTNews | il y a 4h 40min

Sensex, Nifty Open Lower As Focus Shifts To Earnings

Indian shares opened on a cautious note Thursday as focus shifted to a batch of earnings due later in the day.

RTTNews | il y a 5h 7min

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as markets continued to benefit from optimism about the outlook for interest rates following the release of the latest US inflation data. Asian Markets closed mostly lower on Wednesday.

RTTNews | il y a 6h 11min

Japanese Market Notably Lower

Adding to the losses in the previous session, the Japanese stock market is notably lower on Thursday after opening in the green, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 39,000 mark, with weakness in exporters and technology stocks partially offset by gains in automakers and financial stocks.

RTTNews | il y a 7h 4min

Sensex, Nifty Seen Slightly Higher With Earnings In Focus

Indian shares may trade in a range on Thursday as investors await earnings results from prominent companies including Axis Bank, Infosys, Wipro, Nestle India, LTIMindtree and Tata Chemicals for direction.

RTTNews | il y a 7h 9min

EURUSD	1.0854	GBPUSD	1.29877	AUDUSD	0.66914
USDJPY	149.539	USDCAD	1.37612	USDCHF	0.86647