News

Wall Street stocks edge lower with sentiment weakened by Moody’s downgrade
At 2:05 p.m., the Dow Jones Industrial Average rose 101.99 points, or 0.23%, to 42,756.73, the S&P 500 lost 1.25 points, or 0 ...
Wabash National Corp. credit rating downgraded at S&P due to weaker cash flows
S&P Global Ratings could lower the rating on Wabash if it believes the company’s adjusted debt to EBITDA will remain above 5x or FOCF to debt will remain below 5% for a sustained period. Conversely, ...
Moody’s upgrades Eletrobras credit rating to Ba1, maintains stable outlook
Investing.com -- Moody’s Ratings has upgraded the baseline credit assessment (BCA) of Centrais Eletricas Brasileiras SA-Eletrobras (Eletrobras) from ba3 to ba2, and its Long Term Corporate Family ...
Royal Caribbean Cruises rating upgraded by Moody’s, outlook positive
Moody’s expects Royal Caribbean to maintain good liquidity, with cash on hand of at least $250 million and strong annual operating cash flow of at least $5 billion. The company also has $6.35 billion ...
Moody’s confirms Capital One ratings, upgrades Discover after acquisition
As part of the acquisition, Discover was merged into Capital One and Discover Bank into Capital One, N.A., effectively dissolving both Discover entities. The rating actions taken today bring to a ...
U.S. senators introduce bill to counter China and Russia’s nuclear influence
Senator Risch highlighted the importance of U.S. leadership in nuclear energy development in a press release, stating, "If the U.S. doesn’t lead on nuclear energy development, Russia and China will." ...
Gold VS. S&P 500: A Topping Pattern Hidden in Plain Sight
What’s even more interesting, is that those short-term upswings in the gold:S&P ratio usually (in all three cases from the ...
Fed’s Logan highlights need for stronger money-market rate mechanisms
In terms of risk management, Logan praised the Securities and Exchange Commission’s mandate for broader central clearing as a significant step to strengthen risk management in the Treasury cash and ...
Fed’s Bostic, Daly to speak as markets await API crude data Tuesday
M. This report provides insights into US petroleum demand and inventory levels. • 6:00 PM ET - FOMC Member Daly Speaks: San ...
After Putin call, Trump says Russia-Ukraine talks to begin ’immediately’
(Reuters) -U.S. President Donald Trump said his call with Russia’s President Vladimir Putin on Monday went very well and that Moscow and Kyiv would immediately start negotiations toward a ceasefire ...
Russia bans Amnesty International, which vows to redouble work on rights abuses
MOSCOW (Reuters) -Russia banned Amnesty International on Monday by classing it as an "undesirable organisation" for backing ...
Moody’s downgrades JPMorgan, Bank of America, Wells Fargo in blow to U.S. banks
Moody’s Ratings on Monday downgraded the long-term ratings of several of America’s largest banks, including JPMorgan Chase & ...