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A collection of news and information related to Moody's Corporation published by this site and its partners.
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Kodak Files for Bankruptcy, Secures $950 Million Lifeline
CNNNEW YORK -- Eastman Kodak, the once mighty icon of the photography industry, filed for Chapter 11 bankruptcy protection Thursday. Kodak's (EK, Fortune 500) stock plunged 30% in premarket trading. The company said it has obtained $950 million in...Tags: Finance, Sony Corp., Financially Distressed Companies, Patents, Copyrights and Trademarks, Services and Shopping
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|Story
Tags: Economic Indicator, Kohl's, Games, Old Navy, Queens (New York City)
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U.S. Stocks Dive on Economic Fears
CNNNEW YORK -- Turmoil returned to U.S. stock markets at Thursday's open as renewed concerns about the U.S. and global economies sent major indexes plunging and pushed gold to a new record high. The Dow Jones industrial average dropped 480 points, or 4.2%,...Tags: Economic Indicator, Casino and Gambling Industry, Philadelphia (Philadelphia, Pennsylvania), Banking, Financial Markets
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Mortgage Rates Drop Yet Again
Associated PressNEW YORK -- Mortgage rates fell to the lowest level in decades for the ninth time in 10 weeks as concerns grow that the economy is weakening. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed loan was 4.36 percent this...Tags: Nevada, Chris Brown, Florida, Homes, Financial and Business Services
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Mayor Announces the Elimination of Two City Departments
KTLA NewsLOS ANGELES -- Mayor Antonio Villaraigosa announced the elimination of two city departments Friday to help the city cope with a growing budget deficit. Villaraigosa eliminated the city's Environmental Affairs and Human Services departments and vowed to...Tags: Los Angeles, Regional Authority, Credit Ratings, Politics, Unions
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Woman Sentenced in Dog Attack of Mailman
NEWPORT BEACH -- A judge has sentenced a Westminster woman who was found guilty of keeping a vicious animal after her pit bull attacked a mail carrier. Sheri Moody, 54, was sentenced to her choice of 30 days in jail or community service. She was also...Tags: Crime, Law and Justice, Punishment, Animal Attacks
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Obama Administration Expands Housing Aid Plan
WASHINGTON -- The Obama administration expanded its $50 billion mortgage aid program on Thursday, announcing new measures that would help homeowners avoid a foreclosure if they don't qualify for other assistance.
The new initiatives are expected to...Tags: Chicago Mortgages, Barack Obama, Foreclosures, Fannie Mae, Compton (Los Angeles, California)
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S&P downgrades credit ratings of five Spanish banks
The outlook for the Spanish banking system worsened sharply Friday when Standard & Poor's slashed the credit ratings of five banks and said the country was headed for a double-dip recession.
One of the banks, Bankia, asked the government for 19 billion...Tags: Finance, Ratings, Spain, Credit Ratings, Economy, Business and Finance
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City-owned Hilton Baltimore lost $11.5 million last year
The city-owned Hilton Baltimore lost nearly $11.5 million in 2011 — about $400,000 more than it lost the previous year, according to a recently released audit.
In addition to losing money last year, the hotel dipped into its reserves in February to...Tags: Finance, Baltimore Hotels, Pratt Street, Hotel and Accommodation Industry, Companies and Corporations
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More Americans now eating whole grains, fresh produce
A vast majority of Americans say they eat more whole grains and fresh produce than they did five years ago, but many believe the federal government needs to do more to ensure greater access to locally produced fresh food, according to a new survey. ...Tags: National Government, Parties and Movements, Republican Party, U.S. Department of Agriculture, Supplemental Nutrition Assistance Program
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Official: Blue Oval no longer in hock as Ford credit rating upgraded
Autoblog.comFiled under: Ford, Earnings/Financials Moody's upgraded Ford's credit rating to investment grade today, the final step for the company to be able to reclaim its Blue Oval. Ford had offered its globally recognized trademark as part of a 2006 loan package....
Jan 19, 2012
|Story| CNN
Nov 25, 2011
|Story| Reuters
Aug 18, 2011
|Story| CNN
Feb 4, 2011
|Story| Reuters
Aug 26, 2010
|Story| KTLA-LTV
Feb 19, 2010
|Story| KTLA-LTV
Oct 17, 2008
|Story| KTLA-LTV
May 14, 2009
|Story| KTLA-TV
May 26, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Baltimore Sun
May 23, 2012
|Story| Los Angeles Times
May 23, 2012
|Blog| Autoblog.com
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