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 | 407 일 전

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 | 947 일 전

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 | 1087 일 전

Swiss Market Ends On Strong Note

Swiss stocks closed on a strong note on Thursday, tracking positive cues from other markets across Europe, amid rising prospects of another rate cut by the Federal Reserve, and easing political tensions in France.

RTTNews | 7 분 전

European Stocks Close Higher On Rate Cut Bets, Easing Political Concerns

European stocks closed higher on Thursday as rising bets of an interest rate cut from the Federal Reserve, and easing political concerns in France helped underpin sentiment.

RTTNews | 22 분 전

U.S. Homebuilder Confidence Improves Much More Than Expected In October

A report released by the National Association of Home Builders on Thursday showed homebuilder confidence in the U.S. has improved by much more than anticipated in the month of October. The report said the NAHB/Wells Fargo Housing Market Index jumped to 37 in October after holding steady at 32 in September. Economists had expected the index to inch up to 33.

RTTNews | 3 시간 37 분 전

Philly Fed Index Plunges To Six-Month Low In October

The Federal Reserve Bank of Philadelphia released a report on Thursday showing a substantial pullback by its reading on regional manufacturing activity in the month of October. The Philly Fed said its diffusion index for current general activity plummeted to a negative 12.8 in October after spiking to a positive 23.2 in September, with a negative reading indicating contraction.

RTTNews | 4 시간 19 분 전

Bay Street Looks Set To Extend Gains

Canadian stocks are likely to open higher on Thursday, tracking rising crude oil and bullion prices. Expectations of another rate cut by the Federal Reserve will also continue to aid sentiment.

RTTNews | 5 시간 0 분 전

EURUSD	1.16892	GBPUSD	1.34404	AUDUSD	0.64853
USDJPY	150.32	USDCAD	1.40414	USDCHF	0.79355