Search Results for: Standard & Poor’s
Intercontinental Exchange To Acquire Standard & Poor’s Securities Evaluations, Inc. And Credit Market Analysis From Mcgraw Hill Financial
March 2nd, 2016
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, clearing houses and data services, announced today that it has entered into a definitive agreement to acquire Standard & Poor’s Securities Evaluations, Inc. (SPSE), a leading provider of fixed income ...
SEC Announces Charges Against Standard & Poor’s for Fraudulent Ratings Misconduct
January 22nd, 2015
The Securities and Exchange Commission today announced a series of federal securities law violations by Standard & Poor’s Ratings Services involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities (CMBS). S&P agreed to pay more than $58 ...
S&P downgrades Australia’s credit on deficit worries
July 7th, 2016
Global ratings agency Standard & Poor’s downgraded Australia’s sovereign credit rating outlook to AAA negative from AAA stable on Thursday, warning that the country’s path back to budget surpluses is in danger. “We are revising the rating outlook on ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
Saudi Arabia reacts sharply to S&P downgrade of kingdom’s debt rating
November 2nd, 2015
Saudi Arabia yesterday reacted sharply to Standard & Poor’s move to downgrade the kingdom’s debt rating. The debt rating agency said it would downgrade Saudi Arabia’s long-term rating a notch, from AA- to A+ with “a negative outlook”, citing ...
Citic Securities Placed on S&P Credit Watch List After Probe
September 17th, 2015
S&P places firm on credit watch with negative implications Citic said Tuesday three staff members under investigation Standard & Poor’s placed China’s largest brokerage Citic Securities Co. on a credit watch list days after the firm said some employees including its ...
Bottom Line for S&P 500 Is Top Line as Price-Sales Ratio Expands
February 9th, 2015
The bottom line for this bull market may turn out to be the top line. After a six-year run in the Standard & Poor’s 500 Index, corporate revenue, not corporate profits, is flashing red. Judged against sales, the index ...
S&P 500 Rising at Five Times GDP Shows Recovery Priced In
October 27th, 2014
For almost six years, one of the most powerful bull markets on record has coexisted with the weakest economic recovery since World War II. This month’s selloff in stocks shows how much investors want that to change. In the ...
Greithner must deliver S&P documents in $5 billion U.S. fraud lawsuit
September 26th, 2014
On legal news, Timothy Geithner, former U.S. Treasury Secretary, must give Standard & Poor’s documents, basically unedited versions, he used when writing his best-selling memoir, a ruling that could help S&P defend against the government’s $5 billion fraud lawsuit ...
S&P 500 Short-Term Contracts See Trading Volume Jump
September 11th, 2014
In a market where stock volume is evaporating, volume in short-term options is surging. A daily average of 309,000 contracts on the Standard & Poor’s 500 Index (SPX) that expire weekly have changed hands in the first four days ...
