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"...
By Grant McCool and Jonathan StempelNEW YORK (Reuters) - Roomy Khan, one of several former traders cooperating with the prosecution of the biggest U.S. hedge fund insider trading case, told a judge she tipped several people at hedge funds with inside information on companies to make money from trades, according...
NEW YORK (Reuters) - American International Group Inc AIG has made tangible progress on its restructuring plan and will likely be able to repay the government's loan and much of its preferred equity stake, Moody's Investors Service said on Monday.The restructuring plan still relies heavily on government support, but if...
By Matthew Goldstein and Jonathan StempelNEW YORK (Reuters) - Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.In complaints that read like scripts for the TV...
The investor who once famously remarked that his best holding period for a stock is "forever" is unloading portions of his holding in a firm many believe to be a key culprit of the financial crisis. by Daniel M. Harrison
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"...
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...
Moodys (NYSE: MCO) closed yesterday at $23.68. So far the stock has hit a 52-week low of $15.41 and 52-week high of $31.79. Moodys stock has been showing support around 23.34 and resistance in the 23.92 range. Technical indicators for the stock are Bearish and S&P gives MCO a neutral 3 STAR (out of 5) hol...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
I rolled back into FAZ, SRS calls, DRV, SSO puts, TZA, MCO puts, and SMN today. I think I included an AIG chart to go with this. I also went short with 2x funds. I’m expecting more movement lower due to the break of my SPX level mentioned in the post before this one. Today [...]
Moody’s Investor Service (MCO) analysts said on Monday that American International Group Inc. (AIG) will probably have the ability to fully repay the bailout money and buy back much of the government’s stake in the company as it continues to stabilize its core insurance operations and progress on its restructuring plan.
AIG, which received about $180 [...]
Moody’s Investor Service (MCO) analysts said on Monday that American International Group Inc. (AIG) will probably have the ability to fully repay the bailout money and buy back much of the government’s stake in the company as it continues to stabilize its core insurance operations and progress on its restructuring plan.
AIG, ...
General Motors Corporation (NYSE:GM), Siemens AG (NYSE:SI), Archimede Solar Energy SpA, Alutrint Limited, Genzyme (NASDAQ:GENZ), Bayer AG (OTC:BAYRY), Dubai Electricity and Water Authority, Moody’s Corporation (NYSE:MCO), Standard Chartered plc (LSE:STAN), and Thomson Reuters (NYSE:TRI).
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