Moody's

Newsday's coverage

• Editorial: Don't buy Nassau's financial window dressing

  Wednesdaythat Nassau had amassed a $41-million surplus in 2012. More likely, though, the financial folks at Fitch Ratings, and Moody's Investors Service, which downgraded Nassau debt in October, recognized that while the surplus is a fiction, the county's   Read more »

• Moody's downgrades rating on Suffolk County debt

  rating downgrades generally force municipalities to pay higher interest rates. Suffolk officials said that even after Moody's reduced the county rating on short-term debt in April, they were able to sell the notes at lower interest rates than before the Moody's   Read more »

• Moody's: NY debt down slightly in 2012

  limitations, state-level austerity spending, and anti-debt sentiment have reduced states' appetite for new money borrowing," Moody's said. "Additionally, debt plans have been influenced by uncertainty regarding federal fiscal policy and the impact of federal   Read more »

• Moody's downgrades LIPA's bond rating

  Investor Service on Wednesday downgraded LIPA's bond ratings by one notch with a negative outlook, citing "persistently weak" credit metrics and other uncertainties. The move follows turmoil at LIPA after superstorm Sandy, including a cash crunch tied to more   Read more »

• Suffolk County sells $152M in anticipation notes despite Moody's downgrade

  notes, using state and federal aid as collateral, which will be repaid by next March. The interest rate on both is 0.61 percent.While Moodys Investor Service last month dropped the countys bond rating two notches from A1 to Aa2 with a negative outlook, the   Read more »

Around the web

• Moody's upgrades Quintiles' outlook

  Service. Durham’s mammoth contract-research organization, Quintiles (NYSE: Q), nabbed a credit upgrade from investor service firm Moody’s. “The positive outlook reflects Moody’s expectation for improvement in credit metrics following approximately $350 million 12 m ago from Triangle Business Journal Read more »

• How to Recognize a Strong Economic Moat

  Express or Coca-Cola, I prefer to pick a more difficult example. I'll explain why years ago, Berkshire chose to invest in Moody's Corp. (NYSE: MCO). Moody's rates securities, mostly bonds. Investors use Moody's ratings to judge the relative risk in various 11:19 AM from Motley Fool Read more »

• RATINGS

  ratings agency Moody's has warned a deterioration of the economic outlook could mean Ireland's credit rating would be at risk of a downgrade. In its regular market update, Moody's said it remains fundamentally concerned as to when Ireland can regain growth 9:30 AM from Dublin Evening Herald Read more »

• Singapore central bank disputes Moody's downgrade

  Bank -- maintain capital levels well above the threshold required under new global banking rules known as Basel III, MAS said. Moody's pointed to a tightening of US monetary policy as a "potential trigger" for Singapore and neighbouring countries also to raise 7:49 AM from Economic Times Read more »

• Update-Moody's:Ratings of four CLO transactions unaffected by downgrade of account bank.

  This discussion is now closed. We welcome comments on our articles for a limited period after their publication. An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our ne 7:48 AM from Reuters Read more »