Tags: Standard and Poor's

Greek PM Tsipras freezes privatisations, markets tumble

Leftist Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country's bailout deal, prompting a third day of heavy losses on financial markets.


Tesco getting hammered after rating downgrades

Two credit rating agencies have reduced Tesco's rating to the cusp of investment grade after a horrible set of first half numbers on Thursday.

Toll Brothers postpones boost on investment-grade rating, offers debt to buy Shapell

Toll Brothers Inc would be seeking to acquire the amount needed to finance its USD1.6 billion acquisition of Shapell Industries Inc and refinance its 4.95 notes due next year.

Numericable debut timely despite credit rating downgrade - report

Numericable experienced a significant and record increase in share prices on its first day on the stock exchange.


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Aruba's credit rating now at BBB+ from A- according to Standard and Poor's. (Photo : Reuters)The image is the logo of Standard and Poor's 500.
Global trades on bullion fell as the United States' credit outlook gets boosted by Standard & Poor's.
S&P, who lowered the credit rating of the US from 'AAA' to 'AA' has improved its outlook from negative to stable in its latest review.
S&P downgrades Berkshire Hathaway from AA plus to AA. Standard and Poor's, the renowned credit rating agency, has announced that it would be cutting Berkshire Hathaway's rating from 'AA plus' to 'AA'.
The bond issue offered by Oregon amounting to US$204 million is backed by lottery revenue. The Department of Administrative Services of the State of Oregon is now offering US$204 million worth of bonds to the market.
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