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Wednesday, April 7, 2010 as of 11:14 AM ET

Moody's

Moody's Investors Service

Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name.

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S&P Slices Rating of Five Spanish Banks

Ratings agency Standard & Poor's cut the ratings on five Spanish banks on Friday, another blow to the country's ailing banking sector as the nation's deteriorating finances rattle global investors.

But S&P left unchanged its ratings on the country's two biggest banks, Santander and Banco Bilbao Vizcaya Argentaria.The Standard & Poor's ratings actions come about a week after Moody's Investors Service carried out a sweeping downgrade of Spain's banks, pointing to the government's weakened ability to support lenders.S&P lowered its rating on Banco Popular, Bankinter and Bankia to 'BB-plus' from 'BBB-minus' and cut the ratings of two other banks, Banca Civica and Banco Financiero de Ahorros. BFA is Bankia's parent company.The cuts to BB-plus take those banks into junk territory, underscoring risks to the country's financial sector.Last month S&P cut its credit rating on Spain by two notches, citing expectations the government finances will worsen even more than previously thought.Spain's ba...

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  1. Moody's Upgrades Ford's Rating

    FBN's Jeff Flock on Ford's reaction to Moody's raising the company back to investment grade.

  2. JP Morgan To Sell $159.5 Million Distressed Loan CMBS -Investor

    J.P. Morgan Chase & Co. (JPM) plans to sell $159.5 million of commercial mortgage-backed securities supported by distressed hotel loans as soon as next week, accordi...

  3. Ford, GM Shares Gain On Moody's Upbeat View

    Ford Motor shares rose 2% to $10.41 early Wednesday after Moody's elevated the car maker's debt to investment grade status. Moody's, in a statement Tuesday after the...

  4. France, Spain Agree On Liquidity, Banks, Growth Ahead Of EU Summit

    Spain obtained France's backing for its demands to increase liquidity in the financial system and prop up banks, the leaders of the two countries said Wednesday, a f...

  5. Ford Bonds Soar As Moody's Lifts Rating To Investment Grade

    Ford Motor Co. (F) bond prices soared late Tuesday after the automaker received another ratings upgrade that officially places the automaker in the investment-grade ...

  6. Moody's Affirms GM's Ba1 Rating, Positive Outlook

    Moody's Investors Service on Tuesday left unchanged its Ba1 credit rating on General Motors Co. , adding the car company's outlook remains positive. "GM's credit qua...

  7. Philip Morris Prices EUR1.35 Billion Two-Part Bond

    Philip Morris International Inc.(PM) priced a two-part senior unsecured bond, one of the banks running the deal said Tuesday.BNP Paribas, Citigroup, HSBC Holdings PL...

  8. Fitch Cuts Japan's Credit Rating

    Fitch cut Japan's sovereign credit status on Tuesday to the lowest level among global ratings agencies as a political stalemate dims the chance that the country can ...

  9. Philip Morris Sets Pricing On Euro 7Y, 12Y Benchmark Bond

    Philip Morris International Inc., (PM) has set pricing on its euro-denominated, benchmark-size, two-part senior unsecured bond, one of the banks running the deal sai...

  10. Eaton To Buy Cooper For $11.8 Billion In Cash And Stock

    Eaton Corp. (ETN) plans to acquire electrical equipment maker Cooper Industries PLC (CBE) in an $11.8 billion cash-and-stock deal that will expand Eaton's power mana...

  11. Little Expected Out of G8, NATO Summits?

    FNC contributor Judy Miller, Foundation for the Defense of Democracies President Clifford May and Moody’s Chief Economist John Lonski on the G8 and NATO Summits and outlook for Europe.

  12. Stocks on Track for Worst Weekly Fall Since November

    FOX Business: The Power to ProsperThe markets were set to take their worst weekly fall since November as worries about Europe's debt crisis overshadowed enthusiasm o...

  1. Iran Sanctions Could Benefit Oil Majors: Moody's

    The fact that some of the world's largest oil and gas reservoirs are 100% owned and operated by national oil companies could benefit international oil companies if e...

  2. Paccar Prices EUR300 Million 3-Year Bond

    Issuer: Paccar Financial Europe, the European financing arm of Paccar Inc. (PCAR)Issuer credit rating: A1 from Moody's, A+ from S&PReoffer Price: 99.843Coupon: 1.375...

  3. Is the Economy on the Road to Recovery?

    Wells Fargo Senior Economist Mark Vitner and Moody’s Chief Economist John Lonski on the outlook of the U.S. economy and impact of Europe’s economic woes.

  4. United Technologies Brings 6-Part Deal To US Bond Market

    United Technologies Corp. (UTX) has hit the U.S. bond market with a six-part benchmark deal to help it finance its $16.5 billion takeover of Goodrich Corp. (GR).A de...

  5. United Technologies Brings Mega 6-Part Deal To US Bond Market

    United Technologies Corp. (UTX) has hit the U.S. bond market with a six-part benchmark deal to help it finance its $16.5 billion takeover of Goodrich Corp. (GR).A de...

  6. McDonald's Matches IBM's Record-Low 7-Year Coupon At 1.875%

    Corporate bonds weakened Wednesday as risk aversion took hold of investors, but McDonald's (MCD) was lovin' it.The burger chain upsized its two-part bond combo to $9...

  7. JPMorgan Distressed CMBS Funds Blackstone, Square Mile Loan Buy

    J.P. Morgan Chase & Co. (JPM) plans to sell $159.5 million of commercial mortgage-backed securities supported by distressed hotel loans next week in the second deal ...

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