Moody's Investor Services

Okay, so the equity markets on spiking on news from over the weekend that Dexia SA was going to be "saved," and that German Chancellor Angela Merkel and French President Nicolas Sarkozy have agreed upon a "plan" to save Europe. Well that's all good and well, except there is no real plan, and the...

That's what Standard & Poors has done with its downgrade of U.S. debt, and now the chicken is coming home to roost. Bloomberg is reporting that the Department of Justice is looking into both Moody's Investors Service and S&P over how the ratings agencies rated mortgage-backed securities...

Research In Motion (NASDAQ: RIMM) announced plans to launch 5 new phones based on the BlackBerry® 7 Operating System (OS). In other news, no one cared. The United States had its AAA rating confirmed by Moody's and Fitch yesterday. This is like that famous line in Tommy Boy. "A guaranteed piece...

Moody's placed Spain's government bond ratings on review for possible downgrade. The House postponed a vote last night on Speaker John Boehner's plan to raise the federal borrowing limit, but this morning Boehner said to reporters, "I'm smiling."

This morning, S&P again reiterated its call for a U.S. debt downgrade sometime in the next three months. The New York-based ratings agency said that there is a 50% chance it will lower the U.S. credit rating from Aaa, where it has been for 70 years. This comes as worries persist that Congress...

Moody's just came out and said that the U.S. AAA rating may be cut if a deal on the debt limit is not reached by August 2. The rating service cited the rising possibility that the debt limit wont be raised by August 2.

President Barack Obama asked Congress yesterday to get a deal done on raising the debt ceiling, as opposed to a makeshift, short-term solution. Obama also wants tax hikes included in the deficit reduction deal. Yesterday, Moody's cut Portugal's credit standing to junk, warning the country may...

The markets took a little bit of a plunge after Moody's downgraded Portuguese debt to junk status, cutting the longer-term government debt by four notches. Moody's Investor Services cut the rating to Ba2, down from Baa1, and said that the outlook is negative. Moody's cited the growing risk of a...

Moody's Investor Services has downgraded Portugal's long term debt to Ba2 with a negative outlook, down from Baa1. Portugal's debt rating has been move to 'junk' status. As such, equity markets are moving lower after the announcement. The Dow is off 19 points, the S&P 500 is off by 2 points...

It could be nothing, or it could be the first warning sign of something much bigger. Italy has announced that it will be cancelling its bond auction, due to June 24. On Friday, Moody's announced it was reviewing Italy for a potential downgrade. "Moody's review will evaluate the weight of these...