Connect to share and comment

S&P feels 'comfortable' with Brazil at investment grade: Schineller

RIO DE JANEIRO (Reuters) - Standard & Poor's said on Monday it does not expect to further cut Brazil's credit rating in the short term after downgrading the country to its lowest investment-grade level. "We just revised Brazil's outlook to stable, we don't expect any more changes in the short term," S&P's analyst Lisa Schineller told reporters in a teleconference. "We are very comfortable with Brazil at an investment-grade category."

S&P cuts Brazil credit rating in blow to Rousseff

BRASILIA (Reuters) - Standard & Poor's on Monday cut Brazil's sovereign debt rating closer to speculative territory in a blow to President Dilma Rousseff, whose efforts to stir the economy from a years-long slump have caused a deterioration in the country's finances.

Fitch affirms US rating at 'AAA', hikes outlook

Fitch Ratings on Friday affirmed US credit ratings at the top-notch "AAA" level but raised the outlook for the world's top economy to stable from negative. Fitch said it was raising its outlook to stable in part because of the way the US federal debt limit was suspended in February. It had placed the US economy on negative watch in October.

Fitch affirms US ratings at 'AAA', outlook stable

Fitch Ratings on Friday affirmed US credit ratings at the top-notch "AAA" level, raising their outlook to stable from negative. The US long-term foreign and local currency issuer default ratings, as well as its senior unsecured foreign and local currency bonds were affirmed at "AAA", the firm said in a statement. The country ceiling was also affirmed at "AAA". bur/yad/ac

S&P ratings agency cuts Russia's credit outlook amid risks associated with Crimean crisis

LONDON - Credit ratings agency Standard S It cut the outlook to negative on Thursday, meaning it could cut the country's credit rating within the next 24 months.

Moody's cuts Argentina rating, citing reserves fall

Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. Moody's cut the rating to Caa1 from B3, putting it in the mid-range of "speculative" or junk bonds. The agency also cut its outlook for Argentina to negative from stable -- a warning that the country could face another downgrade.

Moody's cuts Argentina rating, citing reserves fall

Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. Moody's cut the rating to Caa1 from B3, putting it in the mid-range of "speculative" or junk bonds. The agency also cut its outlook for Argentina to negative from stable -- a warning that the country could face another downgrade.

Moody's raises outlook for European Union to stable

Moody's raised its rating outlook for the European Union to stable from negative Friday, citing the improvement of its members' finances and falling risks from the eurozone debt crisis. Moody's affirmed the EU's top-flight Aaa rating and said the main reason for the outlook change is "the improvement in the credit standing of the largest shareholders that the EU relies on" in crises. It pointed to the improved ratings of Belgium, Germany, Italy, the Netherlands and Spain, countries whose ratings outlooks have recently turned stable or positive.

Moody's raises outlook for European Union to stable

Moody's raised its rating outlook for the European Union to stable from negative Friday, citing the improvement of its members' finances and falling risks from the eurozone debt crisis. The main reason for the change is "the improvement in the credit standing of the largest shareholders that the EU relies on" in crises, including the improved ratings of Belgium, Germany, Italy, the Netherlands and Spain, Moody's said. pmh/oh

Moody's raises outlook for European Union to stable

Moody's raised its rating outlook for the European Union to stable from negative Friday, citing the improvement of its members' finances and falling risks from the eurozone debt crisis. Moody's affirmed the EU's top-flight Aaa rating and said the main reason for the outlook change is "the improvement in the credit standing of the largest shareholders that the EU relies on" in crises. It pointed to the improved ratings of Belgium, Germany, Italy, the Netherlands and Spain, countries whose ratings outlooks have recently turned stable or positive.
Syndicate content