Standard & Poor’s

Sony Corporation (NYSE: SNE) had its credit rating lowered by Standard & Poor's on Wednesday, with the credit rating agency citing Sony's weak profit outlook. The credit rating agency lowered Sony's rating one notch from A- down to BBB+, with a negative outlook. Sony, which was once one of the...

Moody's Investors Service sounded the alarm early on Monday morning that the credit ratings of all members of the European Union were now at risk because of the financial crisis that has been escalating in Europe for more than a year. The ratings agency said that the financial crisis that has...

France was warned for the second time this week by a major credit rating agency that its valuable triple-A credit rating could be downgraded in the near future. Standard & Poor's was the latest credit rating agency to say that the eurozone's second biggest economy was in danger of being...

It was reported on Tuesday morning that the state-run Bank of China has halted FOREX swaps with several top European banks. The banks included Societe Generale and Credit Agricole, which were downgraded by Moody's Investors Service last week, and BNP Paribas, which Moody's said it will need more...

Pre-open movers US stock futures are higher this morning. Standard & Poor's downgraded Italy's credit rating by one notch to A. Futures for the Dow Jones Industrial Average surged 74 points to 11,397.00 and S&P 500 index futures rose 7.60 points to 1,205.40. Nasdaq 100 futures jumped 19.50...

US stock futures are higher this morning. Standard & Poor's downgraded Italy's credit rating by one notch to A. Futures for the Dow Jones Industrial Average surged 86 points to 11,409.00 and S&P 500 index futures rose 9.20 points to 1,207.00. Nasdaq 100 futures jumped 22.75 points to 2,323....

The French economy unexpectedly stagnated during the 2nd quarter, according to France's National Institute of Statistics and Economic Studies, which reported that France's 2nd quarter economic growth rate was 0% and that consumer spending fell 0.9%. The news is troubling because France is the...

Pre-open movers US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 222 points to 11,180.00 and S&P 500 index futures fell 27.80 points to 1,170.00. Nasdaq 100 futures dropped 51.75 points to 2,...

US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 175 points to 11,227.00 and S&P 500 index futures fell 18.90 points to 1,178.90. Nasdaq 100 futures dropped 37.25 points to 2,149.75. US...

Most stock markets across Asia fell during Tuesday trading, a day after credit rating agency Standard & Poor's lowered its outlook on United States government debt down to Negative from the previous outlook of Stable. Oil and other commodity stocks were among the biggest decliners across Asia...