Time"s ripe for an independent BRICS credit rating agency: S C Garg
India has pressed the BRICS nations to set up an independent rating agency of the five-member group. The first meeting of the BRICS Finance Ministers and Central Bank Governors was held on the sidelines of the IMF/World Bank Spring.....»»
Moody"s turns "positive" on Delta, United Airlines credit rating outlooks
Shares of Delta Air Lines Inc. rose 0.3% and United Airlines Holdings Inc. gained 0.4%, after upbeat comments by credit rating agency Moody's Investors Service on the outl.....»»
First Insurance Company of Hawaii receives A+ rating from global agency
First Insurance Company of Hawaii, or FICOH, received a stellar score for its financial strength rating (FSR) from A.M. Best Company, a global credit rating agency. FICOH, which specializes in property and casualty insurance in the Islands, received.....»»
Hawaii"s credit rating reaches highest levels in state history
Hawaii's general obligation bond credit rating is at its highest level since statehood, Gov. David Ige announced Wednesday. Fitch Ratings, an independent credit rating service, increased the Aloha State's rating from AA to AA+ and — coupled with.....»»
Credit agency affirms Airport Authority rating
Another one of the big three credit rating agencies is giving the Memphis-Shelby County Airport Authority high marks. Fitch Ratings recently affirmed the Airport Authority's (MSCAA) "A" rating on its outstanding, $355 million general airport revenu.....»»
Fitch downgrades WeWork after aborted IPO leaves financing hole
Global credit rating agency Fitch Ratings on Tuesday downgraded WeWork's credit rating by two notches to "CCC+", putting the Softbank-backed office-sharing firm deep into junk territory a day after it abandoned an initial public offering......»»
Former Credit Agency Staffers Form Korean Blockchain Rating Firm
With investors lacking information and objective reviews on blockchain projects, a Korean blockchain rating company is formed......»»
Aston Martin rating cut deeper into junk amid Brexit, tariff worries: S&P
Ratings agency Standard & Poor's has cut its credit rating on storied carmaker Aston Martin Lagonda Holdings deeper into junk territory on Wednesday amid concerns over the UK's exit from the European Union and threat of U.S. tariffs......»»
Ford Shares Drop On Moody"s Downgrade; Rating Agency Sees "Considerable" Challenges
Shares of Ford Motor Company (NYSE: F) were falling after Moody’s Investors Services cut its credit rating.....»»
Market Extra: Why ratings agency Fitch downgraded Hong Kong’s credit after 3 months of political unrest
Fitch Ratings has downgraded Hong Kong’s credit rating as three-month months of angry protests have persisted, threatening “the stability and dynamism of its business environment,†the credit-rating agency said late Thursday......»»
Market Extra: Why Fitch downgraded Hong Kong’s credit rating amid 3 months of political unrest
Fitch Ratings has downgraded Hong Kong’s credit rating as three-month months of angry protests have persisted, threatening “the stability and dynamism of its business environment,†the credit-rating agency said late Thursday......»»
Sub-Prime Auto Credit Deteriorates In July, Says ReportÂ
Kroll Bond Rating Agency (KBRA) published its Auto Loan Indices for July and reported deteriorating credit conditions for non-prime auto and prime loan pools. KBRA’s Non-Prime Auto Loan Index .....»»
Argentina’s Chance of Default Soars
Credit rating agency Fitch believes that the financial and political unrest in Argentina has substantially increased the chance it will default on its sovereign debt......»»
Symantec Baa3 credit rating under review for downgrade at Moody"s, which would put it into "junk" territory
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More flexible yuan could be positive for China"s credit rating: Fitch
A freer-floating yuan could be a positive for China’s sovereign credit rating, agency Fitch said on Tuesday, by helping preserve its foreign exchange reserves and cushioning some of the negative effects of U.S. trade tariffs......»»
We compared the Chase Sapphire Preferred to the AmEx Platinum — and this time, the winner isn"t clear-cut
Business Insider may receive a commission from The Points Guy Affiliate Network if you apply for a credit card, but our reporting and recommendations are always independent and objective. Alyssa Powe.....»»
Moody"s downgrades South Shore Health due to urgent care expansion
Credit rating agency Moody’s Investor Service has downgraded the outlook on South Shore Health Hospital’s debt, saying expensive growth initiatives are dragging down the hospital’s finances......»»
Pier 1 Imports could be headed toward bankruptcy
Home goods retailer Pier 1 Imports is careening toward a potential bankruptcy restructuring, according to a major credit rating agency......»»
Key ratings agency boosts East Valley city"s financial outlook
The city of Mesa's financial health has been given an upgrade by a national credit rating agency. S&P Global Ratings said it raised its rating on Mesa's existing general obligation (GO) bonds from AA- to AA and placed an AA rating on the city's seri.....»»
EU watchdog fines Fitch record 5.13 million euros
The European Union's markets watchdog has fined credit rating agency Fitch a record 5.13 million euros ($5.78 million) for breaching rules aimed at avoiding conflicts of interest......»»
GE continues to target single-A credit rating; S&P Global rating is currently BBB+
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»