All Posts Tagged With: "MCO"
(BAC) Bank of America to Reduce Problem Loans – Analyst Blog
On Monday, Financial Times reported that Bank of America Corporation (BAC) plans to slash its current $850 billion troubled home loan portfolio by about 50% over the next three years. This was stated...
(AMAT) Applied Materials Announces Aquisition of Varian Semiconductor
Applied Materials (AMAT) has announced that the company’s board of directors unanimously approved the acquisition of Varian Semiconductor (
6May2011 | vitalstocks | 0 comments | Continued(BAC) Bank of America Mortgage Rating Downgraded
Bank of America Corporation’s (BAC) mortgage servicing ratings have been downgraded by Moody’s Investors Service, a rating arm of Moody’s Corp. (
5May2011 | vitalstocks | 0 comments | Continued(MCO) Moody’s Reports Excellent 2011 First Quarter Earnings
Moody’s Corp. (MCO) reported strong first quarter 2011 earnings, beating the Zacks Consensus Estimate of 53 cents by 14 cents (26.4%). The positive surprise was primarily driven by strong top-line growth...
(TM) Toyota Motor Reduces Even More American Output
Toyota Motor Corp. (TM) announced that it would reduce output by 75% at its North American plants in order to conserve limited supply of parts made in Japan. The automaker has been facing parts shortage resulting...
(TM) Toyota Motor to Halt European Production
Toyota Motor Corp. (TM) announced that it will suspend production in Europe for 8 days due to parts shortage resulting from the earthquake and tsunami in Japan on March 11 that damaged many parts supplying...
(GS) The Goldman Sachs Group Gets Ratings Upgrade from Fitch
On Friday, Fitch Ratings lifted its outlook on The Goldman Sachs Group Inc. (GS) to ‘Stable’ from ‘Negative’. The rating agency is impressed by GS’s settlement of some of the legal and regulatory...
(TM) Toyota Motor Suspends North American Production in Wake of Japanese Tsunami
Toyota Motor Corp. (TM) revealed that it will undertake one-day production shutdowns at all its plants in North America, except Georgetown, Kentucky, due to the earthquake and tsunami in Japan on March 11 that...
(TM) Toyota Motor to Resume Production
Toyota Motor Corp. (TM) revealed that it will resume production at all its plants in Japan at half capacity from April 18 to 27. The automaker suspended its production at all the 18 plants in Japan from March...
(MCO) Moody’s Investor’s Service May Downgrade Toyota Motor Shares
Moody’s Investors Service, the credit rating agency operated by Moody’s Corp. (MCO), warned that it may downgrade its credit rating for Toyota Motor Corp. (
7Apr2011 | vitalstocks | 0 comments | Continued(C) Citigroup Sells $750 Million 3-Year Senior Notes
Following last week’s declaration of reverse stock split and dividend payment reinstatement, Citigroup Inc. (C) sold 3-year senior notes worth $750 million on Tuesday, according to Thomson Reuters.
Citigroup...
(MCO) Moody’s Ups MoneyGram Debt Rating
The rating agency, Moody’s Investors Services, a unit of Moody’s Corporation (MCO), provided debt ratings to MoneyGram International Inc. (
5Apr2011 | vitalstocks | 0 comments | Continued(MCO) Are Housing Prices Nearing Bottom – Is 2011 The Right Time to Buy a House?
Is 2011 a good year to buy a house if the pocket permits? Declining home prices and a low interest rate environment suggest that the time is just perfect. Also, many of economists expect housing prices to bottom in 2011.
So, if buyers have a secure job and the confidence...
(JPM) JPMorgan Chase & Co. Rating Upgraded by S&P
Last Friday, Standard & Poor’s (S&P) Ratings Services lifted its outlook on JPMorgan Chase & Co. (JPM) to ‘Stable’ from ‘Negative.’ The rating agency is impressed by JPMorgan’s...
(MCO) Moody’s Raises 2010 Outlook
A leader in the credit rating industry, Moody’s Corp (MCO) raised its full year 2010 revenue and earnings per share (EPS) guidance based on increased U.S. debt issuance and demand for junk bonds. The shares...
(MCO) U.S. Home Foreclosures Jumped in 2010 Third Quarter! Warning for 2011?
Just a couple of days before entering the New Year, a report from bank regulators revels that the U.S. home foreclosures jumped in the third quarter as lesser number of distressed borrowers received assistance related to loan modifications from mortgage servicers. This seems...
(BBT) BBT Corporation’s Ratings Lowered by Moody’s
On Monday, BB&T Corp.’s (BBT) senior debt and long-term deposit ratings were downgraded by Moody’s Investors Service, the ratings arm of Moody’s Corp. (
27Dec2010 | vitalstocks | 0 comments | Continued(AIG) American International Group Offers $2 Billion in Notes
Moving ahead with its capital restructuring, American International Group Inc. (AIG) finally entered the debt market yesterday, two years after the company was bailed out in 2008, as it intends to vend off...
(GNW) Genworth Financial Issues $400 Million in Senior Notes
Genworth Financial Inc. (GNW) sold senior notes worth $400 million, bearing a coupon of 7.20% and maturing on February 15, 2021. The company increased the offer size from $300 million planned earlier.
The...
(MCO) Moody’s Investors Service Rates Prudential’s Notes
The rating agency Moody’s Investors Service, an arm of Moody’s Corp. (MCO), has conferred a “Baa2” rating to senior unsecured notes worth $1 billion issued recently by Prudential Financial...
(PCG) PG&E Corporation Issues Fixed Interest Notes
On Thursday, Reuters reported that one of the largest combined natural gas and electric utilities in the U.S. PG&E Corporation (PCG) has issued fixed interest notes. This initiative is in line with its...
(LNC) Lincoln National Investors Get Early Christmas
After successfully reconstructing its debt, Lincoln National Corp. (LNC) made yesterday eventful by outlining a number of ways to return wealth to shareholders, which includes a dividend hike, resumption of...
(BA) Stock Market News for November 11, 2010 – Market News
Stocks managed to close in the positive territory on Wednesday even as investors remained jittery ahead of the Group of 20 meeting in Seoul. There are speculations some nations would question the rationale behind the Federal Reserve’s bond-buying program as they see the...
(MCO) Moody’s Investors Service Chops Ratings of Ten Banks
Moody’s Investors Service, the ratings arm of Moody’s Corp. (MCO), has lowered the ratings of 10 banks earlier this week on lower expectations for governmental support for these banks.
Banks...
(AA) Stock Market News for November 3, 2010 – Market News
Stocks advanced broadly on Tuesday as investors turned their focus toward the results of mid-term elections and a two-day Federal Reserve meeting that is expected to unveil more measures to revive the economy. The advance sent the Dow average to its highest close in more...
(F) Ford Motor Earns Moody’s Ratings Upgrade
Moody’s Investors Service, the credit rating agency of Moody’s Corporation (MCO), has upgraded its ratings outlook on Ford Motor Co. (
12Oct2010 | vitalstocks | 0 comments | Continued(AA) Stock Market News for October 8, 2010 – Market News
As a new earnings season gets underway, fresh worries about the economy are resurfacing, keeping traders on toes and, as a result, stocks are edging lower. Although broader economic worries are in place, the lingering weakness in jobs market remains a sore throat and Wednesday’s...
(BAC) Bank of America Announces Pause in Foreclosure Process
On Friday, Bank of America Corporation (BAC) announced that it is holding up foreclosures in 23 states to examine whether some of its former executives rushed through documents of homeowners without properly...
(MCO) Moody’s Raises Harman International Industries’ Credit Rating
Moody’s Investors Service, a subsidiary of Moody’s Corp. (MCO) raised its rating of ‘Ba2,’ a non-investment grade rating or junk status to B1, a non-investment grade rating or junk status for...
(ACV) Stock Market News for September 28, 2010 – Market News
Activity on the deal-making front failed to send stocks higher on the first day of a new week as investors booked gains after Friday’s solid advance. With no economic data in sight, the selling intensified in the final hour of trading, sending the Dow industrials off 48...