S&P Warns Euro Countries of a Downgrade
FT reporting that the S&P has warned Germany, France, and 3 other AAA rated countries they are in review for a potential downgrade. FT further reports the credit watch warnings will come later today. Market pares 60% of its gains on the news….
Comments »Citron Negative on $QIHU
maintains $5 price target. Full report here
Comments »S&P Downgrades 37 Banks on New Review Rules
Fitch Cuts U.S. Rating Outlook to Negative
Moody’s To Review 87 Banks in 15 Countries
DICK bove Admits He Was Wrong on Bank Stocks
How did this guy even qualify as a bank analyst ? At least he is admitting that the banks are not in the healthy shape he thought.
Comments »New ban on advertising during TV dramas
Comments »Youku.com (NASDAQ:YOKU) and other Chinese online-video stocks could be on fire today after news the State Administration of Radio, Film and Television (SARFT) is planning to request that all advertisements aired during TV dramas should be removed nationwide in 2012. Full Story
Moody’s Warns of Credit Risk Rising For All Euro Region Ratings
“In the absence of major policy initiatives in the near future which stabilize credit market conditions, or those conditions stabilizing for any other reason, the point is likely to be reached where the overall architecture of Moody’s ratings within the euro area, and possibly elsewhere within the EU, will need to be revisited,” the statement said. “Moody’s expects to complete such a repositioning during first quarter of 2012.”
Comments »S&P Cuts Belgium’s Credit Rating
Belgium went from AA+ to AA. As a result Belgium reached an agreement to implement deficit cuts.
Comments »Egypt’s Credit Rating is Cut a Fourth Time This Year; Record Yields and Failed Auctions are to Blame
While America Enjoyed a Turkey Coma Portugal and Hungary Were Downgraded to Junk Status
Iceland’s Credit Rating Upgraded by S&P
Mood’ys Warns The U.S. Not to Take Deficit Cuts Lightly
Moody’s says our credit rating is in jeopardy if we begin to back track on the $1.2 trillion in devicit cuts already planned out over the next 10 years…
Comments »JPM Rates All Commodities a SELL
Bank of America: S&P 500 May Fall for Rest of Year
S&P and Moody’s Reaffirm U.S. Credit Rating Despite Shitty Committee Stalemate
If the shitty committee fails to find agreement on cutting the deficit the S&P said it will not hurt the U.S. credit rating.
Comments »Moody’s Warns That France’s Credit Rating Could be Lowered Based on Higher Yields
“PARIS (Reuters) – A rise in interest rates on French government debt and weaker growth prospects could be negative for the outlook on France’s credit rating, Moody’s warned in a report on Monday, adding to pressure on European debt markets.
Worries that France has the weakest economic fundamentals among the euro’s six AAA-rated countries have drawn the euro zone’s second largest economy into the firing line in the debt crisis this month.
The rating agency said the deteriorating market climate was a threat to the country’s credit outlook, though not at this stage to its actual rating.
“Elevated borrowing costs persisting for an extended period would amplify the fiscal challenges the French government faces amid a deteriorating growth outlook, with negative credit implications,”Senior Credit Officer Alexander Kockerbeck said in Moody’s Weekly Credit Outlook dated November 21.”
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