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By Laura Marcinek, Bloomberg |
November 12, 2012
Jefferies Group Inc. agreed to be acquired by its biggest shareholder, Leucadia National Corp., in a $2.8 billion deal the companies said would make the investment bank better able to weather market turmoil.
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By Lukanyo Mnyanda and Allison Bennett, Bloomberg |
October 23, 2012
The euro dropped from a five-month high against the yen after Moody’s Investors Service cut the credit ratings of five Spanish regions and French industrial confidence fell to the lowest in more than three years.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
October 17, 2012
The euro strengthened to a one-month high against the dollar after Spain kept its investment-grade credit rating from Moody’s Investors Service, easing concern the region’s debt crisis was spreading.
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By John Detrixhe, Bloomberg |
October 9, 2012
U.S. debt has shrunk to a six-year low relative to the size of the economy as homeowners, cities and companies cut borrowing, undermining rating companies’ downgrading of the nation’s credit rating.
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By Christine Harper and Hugh Son, Bloomberg |
September 4, 2012
Shareholders of Wall Street banks who agree with former Citigroup Inc. Chief Executive Officer Sanford “Sandy” Weill that the companies should be broken up face an obstacle: Bondholders.
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By Keith Naughton, Bloomberg |
May 23, 2012
Ford Motor Co. was raised to investment grade by Moody’s Investors Service, enabling Executive Chairman Bill Ford, great-grandson of the founder, to reclaim the blue oval logo he put up as collateral for a loan.
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By Lisa Abramowicz, Bloomberg |
May 17, 2012
The largest trades on record in shares of two exchange-traded funds that invest in junk debt are attracting attention to the market.
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By Canaccord Genuity Morning Coffee |
May 10, 2012
According to Credit Suisse, Moody's ratings review remains an overhang on the U.S. banking sector and could be an important catalyst for the bank stocks over coming weeks
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By Christine Harper, Bloomberg |
May 4, 2012
Adapting to regulatory changes, Goldman Sachs Group Inc. will start an electronic trading system for corporate bonds this month.
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By Keith Naughton, Bloomberg |
April 24, 2012
Fitch Ratings raised Ford Motor Co.’s credit rating to investment grade today, ending six years of so-called junk status for the second-largest U.S. automaker.
