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Just How Likely Is A U.S. Downgrade?
Thursday, July 21, 2011 - 12:41pm | 769Read More...This morning, S&P again reiterated its call for a U.S. debt downgrade sometime in the next three months. The New York-based ratings agency said that there is a 50% chance it will lower the U.S. credit rating from Aaa, where it has been for 70 years. This comes as worries persist that Congress...
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Fitch Downgrades Greece's Long-Term Foreign and Local Currency IDRs to 'CCC' from 'B+'
Friday, July 15, 2011 - 9:58am | 8Read More...Fitch also removed Greece from Rating Watch Negative.
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Fitch Affirms Switzerland 'AAA' Rating with Stable Outlook
Thursday, July 14, 2011 - 8:23amRead More... -
Sino-Forest 'BB-' Rating Withdrawn by Fitch on Lack of Information
Thursday, July 14, 2011 - 7:34amRead More... -
Credit Ratings Agencies Could Determine the Fate of the Euro
Tuesday, June 28, 2011 - 3:55pm | 452Read More...Monday, French President Nicolas Sarkozy announced plans to rollover Greece's existing debt held by French banks. The plan could set the stage for a broader European effort to salvage the ongoing crisis in Greece. Yet, the plan rests on credit agencies not cutting Greece's debt to default,...
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Investors in U.S. Government Could See $100 Billion Loss if AAA Debt Rating is Downgraded
Monday, June 27, 2011 - 6:48am | 305Read More...Investors in United States government debt could see a loss of up to $100 billion if the the government loses its pristine AAA rating, according to S&P Valuation and Risk Strategies. “If Standard & Poor's or any of the other major rating agencies downgrade the U.S., Treasuries would likely...
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Fitch Revises Hungary's Outlook To Stable; Affirms At "BBB-"
Monday, June 6, 2011 - 10:04amRead More... -
Russian Wheat Export Quotas Elimination Unlikely to Ease Agriculture Commodity Price Inflation -Fitch
Wednesday, June 1, 2011 - 12:28pm | 430Read More...Fitch Ratings says that Russia's intention to eliminate export quotas for grain is a positive move towards restoring the supply and demand balance for global wheat stocks, as wheat is a critical input for packaged food companies. However, ongoing restrictions in Ukraine and challenging weather...
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Fitch Cuts Belgium's Outlook
Monday, May 23, 2011 - 1:07pm | 26Read More...Rating agency Fitch has cut Belgium's outlook, and moved it to negative. The rating agency cited it was concerned about the pace of Beligum's structural reform.
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American Drivers Should Thank European Voters
Monday, May 23, 2011 - 9:42am | 271Read More...Oil futures fell on Monday, after new concerns arose over the continuing European debt saga. In Spain, the ruling Spanish Socialist party suffered heavy losses in local elections. The conservative Popular Party gained a foothold in many traditionally Socialist districts. The Spanish people are...
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News Summary for May 23, 2011
Monday, May 23, 2011 - 9:04am | 260Read More...U.S. stock index futures look weak this morning while investors' digest all the bad news from the euro zone crisis. Political and fiscal troubles plague the European Union with debt in peripheral economies highlighting the biggest struggle. Highly watched Greece was downgraded by Fitch Ratings to B...
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Dollar Moves Strongly Against Most Currencies, Flat Against Yen
Friday, May 20, 2011 - 4:03pm | 253Read More...The U.S. dollar exchange rate had an interesting day on Friday. The dollar moved by roughly 1/2 of a percent against the Canadian dollar, British pound, and euro. Yet, against the yen, the dollar moved less than 1/10 of a percent. Against the Canadian dollar, the dollar rose about 0.50%. Interday...
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Germany Slowing Down: Disaster for the Euro?
Friday, May 20, 2011 - 12:55pm | 220Read More...Germany's Bundesbank said that the German economy was likely to lose some growth momentum over the coming months, according to Bloomberg. Germany's economy is currently the largest in the Eurozone and represents approximately one-fifth of the entire economy of the European Union--an economy which...
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Three Royal Stocks Worth a Look (RDS.A, RCL, CCK)
Thursday, April 28, 2011 - 5:36pm | 752Read More...The wedding of Prince William and Catherine Middleton is almost here, and there's no escaping the brouhaha. It seems like everyone is trying to make a buck off the royal nuptials. With that in mind, here are three "royal" stocks that may be worth a look now. Royal Dutch Shell Perhaps the biggest...
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Fitch Downgrades 56 Portuguese Structured Finance Tranches on Sovereign Downgrade
Tuesday, April 5, 2011 - 11:17am | 9Read More...Fitch Downgrades 56 Portuguese Structured Finance Tranches on Sovereign Downgrade.

