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Japan Downgraded By S&P: What You Need To Know
Thursday, September 17, 2015 - 12:44pm | 472Read More...Standard & Poor’s downgraded Japan’s credit rating from AA- to A+. The firm justified the demotion as a sign of disapproval of Prime Minister Shinzō Abe’s economic strategy – often called Abenomics. Shares of the iShares MSCI Japan ETF (NYSE: EWJ), WisdomTree Japan...
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The Basics of the Bond Market
Tuesday, June 25, 2013 - 9:41am | 524Read More...While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...
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Standard & Poor's Becomes First Credit Rating Agency to be Sued by DOJ
Tuesday, February 5, 2013 - 7:35am | 480Read More...The U.S. Department of Justice intends to bring civil charges against McGraw-Hill (NYSE: MHP) subsidiary, Standard & Poor’s for wrongdoing in its ratings of mortgage bonds prior to the 2008 financial crisis. The action, reported by CNBC, would be the first by a federal agency against a...
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Is Sony Destined For Junk Status?
Wednesday, February 8, 2012 - 8:29am | 512Read More...Sony Corporation (NYSE: SNE) had its credit rating lowered by Standard & Poor's on Wednesday, with the credit rating agency citing Sony's weak profit outlook. The credit rating agency lowered Sony's rating one notch from A- down to BBB+, with a negative outlook. Sony, which was once one of the...
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Moody's Warns That All EU Debt Is Risky
Monday, November 28, 2011 - 8:48am | 537Read More...Moody's Investors Service sounded the alarm early on Monday morning that the credit ratings of all members of the European Union were now at risk because of the financial crisis that has been escalating in Europe for more than a year. The ratings agency said that the financial crisis that has...
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How to Profit From Second Threat to Downgrade France
Friday, October 21, 2011 - 6:36am | 865Read More...France was warned for the second time this week by a major credit rating agency that its valuable triple-A credit rating could be downgraded in the near future. Standard & Poor's was the latest credit rating agency to say that the eurozone's second biggest economy was in danger of being...
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How to Profit From China's Decision to Limit FOREX Swaps with Top European Banks
Tuesday, September 20, 2011 - 8:37am | 644Read More...It was reported on Tuesday morning that the state-run Bank of China has halted FOREX swaps with several top European banks. The banks included Societe Generale and Credit Agricole, which were downgraded by Moody's Investors Service last week, and BNP Paribas, which Moody's said it will need more...
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A Peek Into The Market Before The Trading Starts
Tuesday, September 20, 2011 - 6:24am | 360Read More...Pre-open movers US stock futures are higher this morning. Standard & Poor's downgraded Italy's credit rating by one notch to A. Futures for the Dow Jones Industrial Average surged 74 points to 11,397.00 and S&P 500 index futures rose 7.60 points to 1,205.40. Nasdaq 100 futures jumped 19.50...
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US Stock Futures Signal Higher Start On Wall Street
Tuesday, September 20, 2011 - 5:13am | 335Read More...US stock futures are higher this morning. Standard & Poor's downgraded Italy's credit rating by one notch to A. Futures for the Dow Jones Industrial Average surged 86 points to 11,409.00 and S&P 500 index futures rose 9.20 points to 1,207.00. Nasdaq 100 futures jumped 22.75 points to 2,323....
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Profiting from the Zero Growth French Economy
Friday, August 12, 2011 - 5:57am | 663Read More...The French economy unexpectedly stagnated during the 2nd quarter, according to France's National Institute of Statistics and Economic Studies, which reported that France's 2nd quarter economic growth rate was 0% and that consumer spending fell 0.9%. The news is troubling because France is the...
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A Peek Into The Market Before The Trading Starts
Monday, August 8, 2011 - 6:27am | 378Read More...Pre-open movers US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 222 points to 11,180.00 and S&P 500 index futures fell 27.80 points to 1,170.00. Nasdaq 100 futures dropped 51.75 points to 2,...
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US Stock Futures Down On S&P Downgrade
Monday, August 8, 2011 - 3:40am | 357Read More...US stock futures are lower this morning, after Standard & Poor's downgraded the US debt rating. Futures for the Dow Jones Industrial Average dipped 175 points to 11,227.00 and S&P 500 index futures fell 18.90 points to 1,178.90. Nasdaq 100 futures dropped 37.25 points to 2,149.75. US...
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Asian Stocks Fall on Negative U.S. Outlook (TXN, CEO, TM, CQQQ, EWV)
Tuesday, April 19, 2011 - 8:01am | 386Read More...Most stock markets across Asia fell during Tuesday trading, a day after credit rating agency Standard & Poor's lowered its outlook on United States government debt down to Negative from the previous outlook of Stable. Oil and other commodity stocks were among the biggest decliners across Asia...
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S&P Will End The Year Between 1200 And 1250
Sunday, June 20, 2010 - 2:22am | 113Read More...It looks like market analysts are turning bullish on the stock market after a severe correction. According to Invesco market strategist Fritz Meyer, stocks have nowhere to go but up from here till December. “I think the 15 percent correction is probably over,” Meyer told CNBC. Meyer is looking for...
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Bovino And Kleintop Feel That The Materials, Industrials And Technology Sectors Will Be The Winners On The Rebound
Wednesday, June 16, 2010 - 7:45am | 233Read More...In an article on CNBC, LPL Financial’s chief market strategist Jeffrey Kleintop and Standard & Poor’s’ senior economist Beth Ann Bovino expressed their views on the future prospects of the stock market. Bovino said, “Overall, we see the U.S. economy holding up. It’s going to be a lazy U[-shape...
