Lockheed Martin named to the 2015 Dow Jones Sustainability World Index
Lockheed Martin has been named to the Dow Jones Sustainability World Index for 2015 for a second consecutive year, the company announced today. The 2015 Index represents the top 10 […]
S&P upgrades Baltimore’s bond rating
For the first time in seven years, Baltimore's bond rating has increased.
S&P gives Freddie ‘Above Average’ servicer ranking
NEW YORK — Standard & Poor’s for the first time has assigned Freddie Mac a ranking as a loan servicer, giving the government-controlled mortgage giant an “Above Average” ranking for […]
Home prices rose in July in 20 major U.S. cities
WASHINGTON — Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures. National home prices increased 1.2 percent in July, compared to the […]
A year later, S&P downgrade of U.S. looks like a dud
WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. […]
SEC, Department of Justice investigating S&P
NEW YORK — Regulators are investigating Standard & Poor’s over some of its ratings, according to a filing by the S&P‘s parent company. The McGraw-Hill Companies Inc., which owns the […]
Stocks jump after Italy passes economic reforms
NEW YORK — Stocks rallied Friday as new governments get ready to take over in Italy and Greece, the two countries at the center of Europe’s debt crisis. Italy’s Senate […]
Possible SEC move vs. S&P may be first legal shot
WASHINGTON — The Securities and Exchange Commission is considering taking civil action against Standard & Poor’s for its rating of a 2007 mortgage debt offering. Such action could be just […]
Fitch Ratings keeps U.S. debt at ‘AAA’
Fitch Ratings said Tuesday it will keep its rating on U.S. debt at the highest grade, AAA, and issued a “stable” outlook, meaning it expects the rating to stay there. […]
Robert Nusgart: Volatility sends mortgage rates even lower
Amazing. Just amazing. The last week in the mortgage industry has been a series of wild swings of ups and downs that has culminated in a furious wave of phone […]
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 […]






