S&P

Moody's Blasts EU Plan to Curb Ratings Agencies

IBTimes Logo
A European Union plan to impose tougher rules on credit rating agencies is "dangerous" as it is bound to limit the "quality and independence" of the rating process, the president and chief operating officer of Moody's Investor Services told Le Figaro newspaper.

France Furious as S&P Mistakenly Declares French Credit Downgrade

IBTimes Logo
The ratings agency Standard & Poor's said Friday that its erroneous downgrade of France arose when an automatic email was sent out after an old Web page on French banks was changed. France reacted with outrage and has ordered an investigation into this shocking error.
More news
Q3 2011 Hits and Misses

3Q Earnings Picture: Hits and Misses

We are now well into third quarter earnings season, with the vast majority of companies reported both bottom- and top-line results that met or beat expectations. Here's a summary of who met, and who missed, analyst estimates.
A foreign currency dealer of the Korea Exchange Bank looks at computer monitors at the bank's dealing room in Seoul

World Stocks, Euro Rise on Hopes Greece Drops Referendum

World stocks and the euro rose on Friday, boosted by expectations that Greece will avoid a referendum on a new bailout package, easing imminent concerns of a Greek default and its potential shockwaves through the euro zone.
IBTimes Logo

Wall Street Dips after Rally, HP Shares Jump

Stocks edged lower on Friday as investors paused following a powerful rally that propelled the S&P 500 index almost 20 percent since briefly dipping into bear market territory earlier this month.
IBTimes Logo

Wall Street Opens Lower After 3 Percent Rally

Stocks opened lower on Friday as investors booked profits a day after a powerful rally that propelled the S&P to close above its 200-day moving average for the first time since August.
IBTimes Logo

Stock Futures Rise on Europe Deal; S&P Set for Gain

Stock index futures rose sharply on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.
IBTimes Logo

Stock Futures up as Investors Eye Earnings, EU Summit

Stock index futures rose on Wednesday after the S&P fell 2 percent in the previous session as optimism about corporate earnings offset concerns about an upcoming meeting of European leaders to tackle the region's debt crisis.

Gold Prices Rise for Fourth Straight Day

Gold prices headed for a fourth consecutive daily gain Wednesday as investors returned to the yellow metal for protection from the ongoing risks to the European economy and weakness in the U.S. economy.
NYSE trading post

Stock Futures Rise Ahead of European Summit

Stock index futures rose on Wednesday after the S&P fell 2 percent in the previous session as optimism about corporate earnings offset concerns about the results of a meeting of European leaders to tackle the region's debt crisis.
Gold pellets

Gold Prices Shoot Higher as Brussels Meeting Nears

Gold and silver prices rose more than two percent Tuesday on rising fear that European leaders will be unable to produce a viable rescue plan for the continent's banks, or its staggering southern periphery.
Home shown for sale in Haight Ashbury neighborhood in San Francisco

Home Prices Flat in August: S&P

Single-family home prices were unchanged in August, pointing to a market that continued to stabilize but has yet to gain traction, a closely watched survey said on Tuesday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.