DUBAI/NEW YORK (Reuters) - Dubai said on Wednesday two of its flagship firms planned to delay repayment on billions of dollars of debt ...
The debt weighing on national budgets will have soared by up to 45 percent worldwide in the period from 2007 to 2010, leading ...
NEW YORK (Reuters) - High-cost urban U.S. hospitals may face debt rating downgrades if large cuts to Medicare funding are implemented as part of U.S. health care reform, Moody's Investors Service said on Monday. The U.S. Senate voted on Saturday to debate ...
NEW YORK (Reuters) - New Yorkers struggling to make ends meet during the recession are clamoring for change in how lawmakers in the state capital Albany conduct business, according to a survey released on Monday. Seventy-five percent of 805 voters surveyed between ...
Moody's Investors Service downgrades Liberty Media LLC ratings Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Liberty Media LLC on Friday. The changes come shortly after shareholders approved the formation of a new company out of DirecTV Group Inc. and ...
Ohio filed a suit Friday against global rating agencies, claiming they provided misleading information ahead of the financial crisis that caused nearly 500 million dollars in losses for state funds. State attorney general Richard Cordray filed the lawsuit against Standard & Poor's, ...
Moody's: NY could take hit to credit rating if lawmakers fail to cut spending, close deficit New York's stable credit rating could be hurt if the Legislature fails to heed Gov. David Paterson's calls to cut spending and eliminate a $3.2 billion ...
Fitch lifts Bon-Ton Stores outlook, cites amended credit agreement, Moody's to review ratings Fitch Ratings raised its outlook for Bon-Ton Stores Inc. on Friday from "Negative" to "Stable," citing the department store operator's reworked credit agreement. The amended facility and a new ...
New Orleans board backs millage hike ahead of $40 million bond sale sought for street projects The city plans to hold its first bond sale in two years next month though the outcome of three high-stakes meetings with rating agencies could push ...
Moody's: credit ratings for drugmakers could be hurt as industry copes with expiring patents Moody's Investors Service issued a negative opinion on the pharmaceutical industry Thursday, saying drugmaker credit ratings will be under pressure until early 2012 because they won't be able ...
France on Thursday unveiled plans for a 35-billion-euro national loan to fund investments that will propel growth even as it faces European demands to rein in its ballooning deficit. At an Elysee ceremony, President Nicolas Sarkozy received a report on the "grand ...
Moody's upgrades Jones Apparel's liquidity rating by 1 notch within speculative territory Moody's Investors Service on Wednesday upgraded Jones Apparel Group Inc. by one notch on its liquidity rating, which remained in speculative grade territory. Moody's moved Jones to "SGL-1" from "SGL-2" ...
