Moody's Corp
The capital of Pennsylvania just fell into bankruptcy. What? You didn't hear? Neither did the financial markets -- yet. The day after Harrisburg bit the bullet, the Dow barely trembled, while the Nasdaq actually rose slightly. But two of our smartest investors seem to think this is a very big deal indeed.
The Financial Landscape: Harry Potter Breaks Records, Moody's Says Remove the Ceiling
10:30AM 7/18/2011
Here's a look at what's happening in the world of business Monday, July 18.
No More Debt Ceiling, Moody's Shouts
It appears that we here at the Financial Landscape are not the only ones sick to death of the debt ceiling debate: Even the good people of the ratings agency Moody's (MCO) -- who,...
Roundtable: Will the U.S. Lose Its AAA Rating?
1:00PM 4/20/2011
Economy, Investing, Moody's Corp, Berkshire Hathaway, General Motors, Market News
With debt rising and credit ratings falling around the world, many investors are worried that the U.S. may be on the edge of losing its coveted AAA rating. Three analysts weigh in on the issue.
Potential Buffett Successor David Sokol Resigns Under Stock Trading Cloud
9:45AM 3/31/2011
Company News, People, Investing, Goldman Sachs , Moody's Corp, Berkshire Hathaway, Citigroup, Market News

David Sokol, widely viewed as the heir apparent to famed investor Warren Buffett, abruptly resigned Wednesday. What investors want to know now is who's still in the running to succeed Buffett as CEO. Here are four possibilities.
Moody's: U.S. Aaa Rating Not Under Pressure in 2010 or 2011
8:39AM 11/16/2010
The U.S. Aaa credit rating won't be under pressure from budget deficits in 2010 or 2011, Moody's Investors Service (MOD) said.
The White House budget office projects that the federal deficit will top $1.5 trillion this year.
"Certainly over time, and I'm not talking about this year or next, but...
Buffett Sells More Moody's Shares
7:50AM 9/15/2010
Investing, Moody's Corp, Berkshire Hathaway, Stocks in the News

Warren Buffett continued to sell his stake in Moody's, the credit ratings agency faulted for contributing to the financial crisis because of the rating it issued to new and complex high-risk investments during the height of the housing bubble.

In Wednesday's legal news, the Texas Attorney General has appealed a judge's decision to grant a divorce to two men who were married out of state; the SEC vows to pursue overseas ratings fraud; and companies that incorrectly claim their products are patented can be sued for $500 per product.
Do Intel's Record Earnings Signal a New Tech Boom?
9:25AM 7/14/2010
Company News, Technology, Earnings, Hewlett-Packard, Dell, IBM, Intel, Microsoft, Moody's Corp, Cisco Systems

Intel's record earnings suggest that companies are starting to loosen up a bit on tech spending as they finally start replacing their four- and five-year-old PCs. This replacement cycle should bid up the stocks of companies in the IT sector. But how long will this wave of higher spending last?
Banks May Have 12 Years to Implement Volcker Rule
7:52AM 6/29/2010
Economy, Investing, Goldman Sachs , KB Financial Group, M&T Bank, Moody's Corp, American Express, Bank of America, Charles Schwab, Citigroup, Wells Fargo & Co, MasterCard, Bank of New York Mellon

Banks such as Goldman Sachs Group Inc. and Citigroup Inc. may have as long as 12 years to cut their stakes in private-equity units and hedge funds under the new financial reform bill, Bloomberg News reported.
The time-frame in the bill, combined with provisions that would allow banks to apply for...
Moody's Downgrades BP, Following S&P
8:22AM 6/18/2010
BP's debt was downgraded three notches by Moody's Investors Service Friday, citing the "worsening impact expected from the oil pouring into the Gulf of Mexico from BP's subsea Macondo well."
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