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MD treasurer on recent credit rating downgrade: ‘To hell with Moody’s’
The state treasurer suggested Maryland should reconsider its relationship with Moody’s after the rating company downgraded the state.
Moody’s downgrades Howard U’s credit rating
WASHINGTON — Moody’s Investors Service has downgraded Howard University’s credit rating, citing revenue declines at the historically black college and automatic federal budget cuts from Congress. Moody’s issued its downgrade […]
Maryland retains Triple A bond rating
Maryland has retained its prized Triple A bond rating from the three major rating agencies, state Treasurer Nancy K. Kopp said. State officials plan to sell up to $1 billion […]
S&P cuts Washington Post rating by 1 notch
NEW YORK — Standard & Poor’s cut the credit rating of the Washington Post Co. to “BBB” on Thursday, citing deteriorating performance at its Kaplan education unit and continuing declines […]
Fitch keeps AAA US credit rating but dims outlook
WASHINGTON — Fitch says it will keep its rating for long-term U.S. debt at the top AAA level, despite a congressional panel’s failure to agree on long-term deficit cuts. But […]
Strong auto demand lifts July factory orders
WASHINGTON — U.S. factory orders rose strongly in July on the biggest jump in demand for autos in more than eight years and a surge in commercial airplane orders. The […]
Marianne D. Fishler: In volatile times, investors shouldn’t try to time market
You get a lot of information from the Internet, but not necessarily a lot of knowledge. And over the past month or so, we have been bombarded with a multitude […]
Stocks rise after $19 billion acquisition flurry
NEW YORK — Stocks have closed higher for the third straight day after a $19 billion buying spree by corporations. The Dow Jones industrial average is up 213 points, or […]
C. Fraser Smith: Ghouls, goblins and the U.S. debt crisis
EDINBURGH, Scotland — Rupert Murdoch, who was driven off Page One, may be the only one to find something good in the recent implosion of confidence and credit in governments […]
Stocks rise on small but positive economic signs
NEW YORK — Wall Street’s wildest week since 2008 continued with another 300-plus point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs […]
Maryland credit rating, day three
The credit rating front has been quieter Wednesday with Maryland officials believing any Standard & Poor’s rating action will not come soon, if at all. Here are some of the […]
Maryland credit rating: AAA or TBA
The future of Maryland‘s sterling credit rating hung in doubt Monday evening after the downgrade of the nation’s debt whipped investors into a panic and pushed the stock market into […]
