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• Underrated: S&P, Moody's, Fitch ... and PIMCO

  BNET - 2009-11-21

  It's been a tough week for the big three rating agencies: Standard & Poor's, Moody's Investors Service, and Fitch Ratings, which seem to be following in the footsteps of the big three auto makers. First the National Association of Insurance Commissioners put up a "No Help Wanted"...

  Tags: S&P, Bond, Moody's Corp., PIMCO, Investment, Finance, Ed Leefeldt

• JAL decision won't affect ratings for American, Delta

  BNET - 2009-11-20

  Whether American Airlines keeps Japan Airlines or loses JAL, the outcome will not affect its credit ratings or that of parent AMR, Standard & Poor's Rating Services said Friday. Nor, for that matter, will the outcome affect ratings for Delta Air Lines, which is trying to woo...

  Tags: S&P, Delta Air Lines Inc., Japan Airlines Corp., American Airlines

• Ohio sues Moody's, S&P, Fitch for inflated ratings

  BNET - 2009-11-20

  QUICK SUMMARY | FULL STORY Reuters NEW YORK - Ohio's attorney general sued the three largest credit rating agencies, saying their pursuit of profit and ties to Wall Street resulted in inflated ratings on toxic mortgage debt, costing state pension funds hundreds of millions of dollars. Attorney General Richard Cordray...

  Tags: Moody's Corp., S&P, Ohio, Agency, Lawsuit, Fitch Ratings

• S&P quits Australia's retail investment market

  BNET - 2009-11-19

  Standard & Poor's is to quit Australia's retail market following a decision last week by the nation's regulator to strengthen oversight of credit rating agencies by making them more accountable for the advice they provide. New licencing rules from the Australian Securities & Investments Commission effective from the start of...

  Tags: S&P, Agency, Australia, oversight

• S&P quits Australian retail market

  BNET - 2009-11-18

  QUICK SUMMARY | FULL STORY By a staff reporter Ratings agency Standard & Poor's (S&P) has announced it will quit the Australian retail market, limiting its advice to wholesale investors after Australia's corporate watchdog said it would make ratings agencies more accountable for the advice they give. While announcing it...

  Tags: S&P

• S&P Withdraws Aussie Licence Application

  AAP - 2009-11-18

  Credit ratings issued by Standard & Poor's will no longer be available to Australian retail investors from January 1.The global ratings agency says it has withdrawn its retail licence application to preserve its analytical independence.It follows recent moves by the Australian Securities and Investments Commission ASIC to make ratings...

  Tags: S&P, ASICs, Financial Accounting, Semiconductors, Hardware, Finance, AAP

• How the Credit Rating Agencies Engineered the Goldman Sachs Bailout [Goldman Project]

  BNET - 2009-11-17

  Last year's financial collapse was made possible by the greed and incompetence of credit rating agencies, who got paid to lie about the value of subprime debt. It turns out they were responsible for the Goldman Sachs bailout, too. When AIG was bailed out to the tune...

  Tags: American International Group Inc., S&P

• S&P Faces 1,100, Searches For Catalyst

  Reuters - 2009-11-15

  By Leah SchnurrNEW YORK (Reuters) - U.S. stocks could face difficulty gaining traction this week as the S&P 500 bumps against the 1,100 mark and investors become content to cool their heels rather than risk losing gains made for the year.With the vast majority of corporate results already reported, market...

  Tags: S&P 500, S&P, Stock, Strategist, Investor, Pullback, Sales, Equity Market, Home Depot Inc., Housing Start, Lowe's Companies Inc., Target Corp., The Gap Inc.

• S&P Faces 1,100, Searches For Catalyst

  Reuters - 2009-11-13

  By Leah SchnurrNEW YORK (Reuters) - U.S. stocks could face difficulty gaining traction next week as the S&P 500 bumps against the 1,100 mark and investors become content to cool their heels rather than risk losing gains made for the year.With the vast majority of corporate results already reported, market...

  Tags: S&P 500, S&P, Stock, Strategist, Investor, Pullback, Sales, Equity Market, Home Depot Inc., Housing Start, Lowe's Companies Inc., Target Corp., The Gap Inc.

• Stocks Fall on Energy Shares, Consumer Worries

  Reuters - 2009-11-12

  By Rodrigo CamposNEW YORK (Reuters) - The Dow industrials six-day winning streak came to a halt on Thursday as a drop in oil prices pulled energy stocks lower and a guarded outlook from Wal-Mart fanned worries about consumer spending.Stocks were also undermined by a U.S. dollar rally, as its safe-haven...

  Tags: S&P 500, NYSE Euronext, S&P, Stock, Earnings, Intel Corp., 3Com Corp., Advanced Micro Devices Inc., Hess Corp., Hewlett-Packard Co., Occidental Petroleum Corp., The Walt Disney Co.