Moody's Slashes FY22 Outlook - 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 | 127天前

Moody's Narrows FY24 Outlook Range - Update

While reporting financial results for the first quarter on Thursday, Moody's Corp. (MCO) narrowed its earnings, adjusted earnings and revenue growth guidance range for the full-year 2024.

RTTNews | 252天前

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 | 667天前

Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates

Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.

RTTNews | 5小时13分钟前

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.

RTTNews | 5小时22分钟前

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.

RTTNews | 5小时45分钟前

Higher Open Called For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.

RTTNews | 5小时49分钟前

Mild Upside Seen For Indonesia Stock Market

The Indonesia stock market has moved lower in two straight sessions, slipping almost 20 points or 0.3 percent along the way. The Jakarta Composite Index now sits just above the 7,060-point plateau although it's expected to open in the green on Friday.

RTTNews | 6小时19分钟前

EURUSD	1.03009	GBPUSD	1.23032	AUDUSD	0.61968
USDJPY	158.258	USDCAD	1.44062	USDCHF	0.91204