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- Examining the Credit Agencies: The More They Compete, the Higher Their Ratings
- Research Recap submits: A new working paper* from Harvard supports the claim that increased competition among credit ratings agencies has resulted in more generous and less informative ratings. The paper examines the impact of the growth of Fitch Ratings as a competitor to the incumbent “duopoly” of...
- External links 2008-10-16
- Global Crisis Hits Russia but Sovereign Rating Seen Stable
- Research Recap submits: Russia’s financial markets have been hit hard in the current global economic crisis and its balance sheet could suffer as oil prices decline, but Fitch Ratings said it expects the country’s sovereign debt rating to remain stable. Russia’s equity markets and credit default swap...
- External links 2008-10-23
- French Bank Liquidity Improves But Outlook Uncertain
- Research Recap submits: French bank liquidity is much improved from a year ago when the credit crisis began, and credit ratings remain stable after initial downgrades, but the worsening economy and continued financial market distress are clouding the outlook, said Fitch Ratings Service in a report this week....
- External links 2008-10-24
- S&P Sees Growing Role for Private Sector in Infrastructure
- Research Recap submits: Standard & Poor’s sees a growing role for the private sector in helping build and refurbish basic infrastructure during a time of declining tax revenues. Faced with a lack of funds to repair and construct transportation infrastructure, countries around the globe are increasingly turning to...
- External links 2008-10-29
- Europe's Top Non-Financial Firms to Keep Top Credit Ratings
- Research Recap submits: The top 50 European banks, financial and industrial companies are facing the worst economic and credit outlook in decades, and the expected downturn in profitability in 2009 could result in negative rating actions, according to a new report by Standard Poor’s. Still, S&P expects the...
- External links 2008-10-29
- CMBS Outlook Uncertain as U.S. Retail Sector Nosedives
- Research Recap submits: Commercial mortgage-backed securities [CMBS], or bonds backed by a pool of commercial retail properties, are under close scrutiny for possible downgrades as U.S. retailers see their sales nosedive, according to Standard & Poor’s Credit Research. So far, store closings and bankruptcies such as Circuit...
- External links 2008-11-13
- Looking for a Stable Industry? Try Chinese Life Insurance
- Research Recap submits: Is all the global gloom and doom getting you down? Moody’s Investors Service has an upbeat report on Chinese life insurers, who entered 2008 with record high profits and whose exposure to the sub-prime mortgage crisis is limited. Chinese insurers .. are in a relatively...
- External links 2008-11-18
Additional Resources
- S&P Skeptical GM-Chrysler Deal Could Boost Liquidity
- Research Recap submits: Standard&Poor’s Ratings Services today expressed skepticism that a merger or tie-up between General Motors (NYSE: GM) and privately held Chrysler LLC would do much to address either companies liquidity issues. S&P said its ratings on GM, including the ‘B-’ long-term corporate credit rating, and ratings...
- External links 2008-10-13
- Wipro Q1 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions And our first question this morning comes from the line of Joseph Foresi with Janney Montgomery Scott. Please go ahead. Joseph Foresi - Janney Montgomery Scott Hello guys, a nice job here at sort of a difficult quarter. My first question is your competitors have...
- Earnings calls 2007-07-19
- National Semiconductor Corp. F2Q09 (Qtr End 11/23/08) Earnings Call Transcript
- Earnings Call Excerpt National Semiconductor Corp. NSM F2Q09 Earnings Call December 8, 2008 2:30 pm ET Executives Mark Veeh - Investor Relations Manager Brian L. Halla - Chairman, Chief Executive Officer Donald Macleod - President, Chief Operating Officer Lewis Chew - Chief Financial Officer, Senior Vice President...
- Earnings calls 2008-12-08
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