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 | 401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 | 941天前

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 | 1081天前

U.S. Dollar Drops Against Majors

The U.S. dollar fell against its major counterparts in the New York session on Friday.

RTTNews | 5小時14分鐘前

U.S. Govt Has Started To Fire Federal Workers

The U.S. government has started to layoff federal employees, the Office of Management and Budget's chief Russell Vought said on the 10th day of the shutdown. In a post on the social media platform X, Vought said, "The RIFs have begun." RIF is an acronym for reduction in force.

RTTNews | 6小時2分鐘前

SMI Sheds Over 1% As Stocks Tumble In Final Hour

After moving along the flat line till the penultimate hour of the day's trading session on Friday, Switzerland's benchmark index SMI tumbled in the final hour, as trade tensions intensified after U.S. President Donald Trump threatened to impose massive tariffs on Chinese imports.

RTTNews | 9小時25分鐘前

European Stocks Tumble As Trump Threatens Massive Tariffs On Chinese Imports

European stocks fell sharply on Friday as trade tensions intensified after U.S. President Donald Trump threatened that he will raise tariffs on Chinese imports, following China's decision to expand export controls on rare earth metals.

RTTNews | 9小時50分鐘前

TSX Down 0.7%, Looks Headed For Another Weak Close

After opening slightly higher and advancing further, the Canadian market slipped into negative territory Friday morning, pushed down by losses in healthcare, energy and technology sectors.

RTTNews | 11小時24分鐘前

EURUSD	1.1619	GBPUSD	1.33489	AUDUSD	0.64711
USDJPY	151.152	USDCAD	1.4005	USDCHF	0.7989