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IT'S OFFICIAL: S&P ANNOUNCES MASS DOWNGRADE OF EUROZONE COUNTRIES
Update: Standard & Poor's officially cut the long-term credit rating of France and eight other Eurozone nations, stripping the Parisian country of its coveted AAA status. Europe's debt crisis...
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FITCH: Don't Be Surprised If We Actually Downgrade The 6 European Countries...
Goldman's Jim O'Neill said S&P's downgrade of the eurozone countries was "one of the most widely anticipated moves of all time." But, if there could be an even more widely anticipated move, then...
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Sarkozy's Re-Election Isn't Going To Plan (Thanks To Marine Le Pen)
French President Nicolas Sarkozy's struggle to avoid a shock first round exit in the April presidential elections just got a lot harder. A new poll on Thursday of voting intentions showed far-right...
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Greek Debt Swap Talks Hit A Wall
This post originally appeared in Global Post. Greece seems caught between a rock and a hard place, between its private creditors and the EU finance ministers. The private creditors are insisting they...
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Remember The Fitch Downgrades?
Fitch downgraded Italy, Spain, Belgium, Cyprus, and Slovenia about an hour ago. But markets just don't seem to care. There may have been a slight sell-off right after the announcement, but since then...
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S&P Sounds Alarm On US, G20 Downgrades
Concerns over the size of United States debt reared their head once again as ratings agency Standard & Poor’s warned that health care costs for a number of highly-rated Group of 20 countries,...
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MOODY'S SLASHES 6 EURO COUNTRIES, CUTS OUTLOOK ON Aaa RATED FRANCE, AUSTRIA...
Moody's just downgraded its sovereign debt ratings on Italy, Malta, Portugal, Slovakia, Slovenia, and Spain. All six countries have negative outlooks. The ratings agency also issued negative outlooks...
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MOODY'S DOWNGRADES GREECE TO C FROM Ca
Moody's just downgraded Greece's sovereign debt rating to C from Ca. This puts the debt-laden country's rating deeper into junk status. "Today's rating decision was prompted by the recently announced...
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If Moody's Downgrades The Big Banks, Larry Fink Will Be The First To Walk
BlackRock, the largest money management firm in the world, may be forced to stop doing business with certain Wall Street banks if the Moody's indeed lets the axe fall and downgrades the banks, the...
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UPDATE: SPAIN AND ITALY ARE GETTING DESTROYED (EWP)
The Spanish IBEX 35 is getting absolutely destroyed this morning, after starting the day on a positive note. It's now down nearly 2.6 percent. The Italian FTSE MIB is not far behind, down nearly 2...
View ArticleWhat Fitch's Downgrade Of Japan Really Means
Early this morning, Fitch downgraded Japan's credit rating. In this quick video, we explain what that means. Produced by Daniel Goodman Don't Miss: • What The Cory Booker 'Meet The Press' Incident...
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DOWNGRADE-MAGEDDON 2012: Here Are The Gigantic Banks On Moody's Chopping Block
Moody's announced a blanket review of 17 banks that operate in global capital markets back on February 15th. Moody's rationale, from the announcement: "These firms face challenges that are not fully...
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Here's Why Everyone Is Freaking Out About Morgan Stanley's Downgrade More...
Moody's will downgrade 17 banks today, so everyone's freaking out as expected. That said: You may have noticed that a special kind of freak out has been reserved for Morgan Stanley. Why? You already...
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MOODY'S DOWNGRADES GLOBAL BANKS (JPM, MS, C, BAC, GS, BCS, HBC, RBS, RBC,...
UPDATE: Ratings agency Moody's downgraded the long-term credit ratings of 15 major U.S., Canadian, and European banks today after markets in New York closed. Of the 15 firms downgraded this afternoon,...
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Morgan Stanley Avoids Disaster By A Hair — Here's How Wall Street's Doing...
Moody's just handed out downgrades to 17 banks around the world, and now we're dealing with the aftermath. For Wall Street, it could've been worse. All eyes were on Morgan Stanley because they...
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Here's How The World's Biggest Banks Stack Up After Moody's Massive Downgrades
Moody's downgraded 15 major banks yesterday, citing increasingly risky capital markets. Here's a great chart of all of the downgrades from Scott Barber of Reuters: Don't miss: Our guide to what the...
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Morgan Stanley's Top Banking Analyst Sums Up The Moody's Downgrades In Just...
On Thursday, markets tanked and bank stocks whipsawed on rumors that Moody's would downgrade the world's biggest banks. The media made a bing stink about it. However, many experts were taken...
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MOODY'S DOWNGRADES 28 SPANISH BANKS, 16 REMAIN ON REVIEW
Moody's just downgraded 28 Spanish banks, some by up to four notches. This comes two weeks after the credit rating agency cut Spain's sovereign rating. "Today's actions follow the weakening of the...
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Citi Slashed The Big Investment Banks (GS, MS, BAC, JPM)
Citigroup bank analyst Keith Horowitz and his team have cut their price targets and second quarter earnings estimates for Wall Street's biggest banks. This downgrade stems from a downturn they have...
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S&P's Italian Bank Analyst Thinks S&P's Italian Sovereign Analyst Needs A...
The Standard & Poor's analyst covering the Italian banking sector disagreed with the rating agency's January downgrade of Italy's sovereign debt, Reuters reports. Reuters obtained an email sent by...
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