Standard And Poors News

Nice Work Congress! US Credit Rating Has Been Lowered to AA+

  S&P cut the long-term U.S. credit rating by one notch to AA-plus. The credit agency said it was making the move because the deficit reduction plan passed by Congress Tuesday did not go far enough to stabilize the country's debt situation. U.S.

S&P 500 Falls for 3rd Week in Longest Slump Since August - Bloomberg

S&P 500 Falls for 3rd Week in Longest Slump Since August Bloomberg US stocks tumbled for a third week, pushing the Standard & Poor's 500 Index to its longest losing streak since August, amid concern global economic growth is slowing and Greece may leave the euro area. All 10 industries in the S&P 500 fell. and more »

U.S. Stocks Drop a Sixth Straight Day as Facebook Fails to Surge - San Francisco Chronicle

Bloomberg

U.S. Stocks Drop a Sixth Straight Day as Facebook Fails to Surge San Francisco Chronicle May 18 (Bloomberg) -- US stocks dropped for a sixth day, the longest slump since November for the Standard & Poor's 500 Index, as Facebook Inc.'s record initial public offering failed to boost confidence in a market rattled by Europe's debt crisis. Dow, down 73 . . . S&P, down 10 . . . NASDAQ, down 35Plain Dealer S&P 500 Falls at 3 Times 2011 Rate as May Losses DeepenBloomberg US HOT STOCKS: Facebook Active In Late Trading -1-Wall Street Journal BusinessWeek -New York Daily News -Washington Post all 1,246 news articles »

Moody's Lifts Media General Outlook, S&P Puts On Watch For Upgrade - Wall Street Journal

Moody's Lifts Media General Outlook, S&P Puts On Watch For Upgrade Wall Street Journal Moody's Investors Service raised its outlook on Media General Inc. (MEG) to positive from stable, while Standard & Poor's put the diversified media company's ratings on watch for a possible upgrade after Warren Buffett's Berkshire Hathaway Inc. (BRKA, ... and more »

S&P upgrades Bolivia to BB-minus from B-plus - Reuters

S&P upgrades Bolivia to BB-minus from B-plus Reuters (Adds context, quote from S&P text) NEW YORK May 18 (Reuters) - Standard & Poor's upgraded Bolivia's long-term sovereign credit rating on Friday to BB-minus from B-plus, citing improved government finances and stronger external indicators. S&P Upgrades Bolivia On Stronger Reserves, Lower Debt BurdenWall Street Journal all 4 news articles »