Moodys

Not Even Verizon Can Break Big Three's Oligopoly: Report

The Huffington Post Canada | Daniel Tencer | Posted 08.23.2013 | Canada Business

In the great wireless war, there are those who believe allowing Verizon into Canada would threaten Canadian jobs and introduce a misbehaving corporate...

Clark's B.C. Budget Claims Fact-Checked

CBC | Posted 06.22.2013 | Canada British Columbia

B.C. Liberal leader Christy Clark repeated claims today that international bond rating agencies verified her last budget as balanced and are concerned...

Bad News For 6 Canadian Financial Institutions

CP | David Paddon, The Canadian Press | Posted 03.30.2013 | Canada Business

TORONTO - Five big Canadian banks and a credit union were downgraded Monday by Moody's rating agency, which believes they will be more vulnerable than...

We're Still Triple-A!

CP | David Paddon, The Canadian Press | Posted 10.16.2012 | Canada Business

TORONTO - Canada gets to keep its triple-A rating from Moody's Investors Service.The New York-based agency said Thursday Canada's economic performance...

Even German Banks Are Being Downgraded Now

CP | The Associated Press | Posted 08.06.2012 | Canada Business

BERLIN - Moody's rating agency has downgraded seven banks in Germany, citing risks from the eurozone debt crisis and prospects of weaker global econom...

Markets Tumble After Moody's Downgrades Spanish Banking Industry

AP | Posted 05.18.2012 | Canada Business

MADRID, Spain (AP) -- Spain's stock market flirted with seven-year lows Friday as investors continued to worry about the stability of the eurozone's f...

Moody's Downgrades Ontario

CP | Maria Babbage, The Canadian Press | Posted 04.27.2012 | Canada Business

TORONTO - Ontario's minority Liberal government is downplaying a decision by Moody's Investors Service to downgrade the province's debt rating, citing...

How Canada's Solid-Gold Credit Rating Is Hurting Workers

CBC | Posted 03.07.2012 | Canada Business

It may not always feel like it in the real economy (more evidence came out Friday showing Canada's employment picture is far from rosy) b...

Moody's Downgrades 9 Portuguese Banks

CP | The Associated Press | Posted 12.07.2011 | Canada Business

LISBON, Portugal - Ratings agency Moody's has downgraded nine Portuguese banks, citing their exposure to government debt and a weak economic growth ou...

Moody's Downgrades 8 Greek Banks By 2 Notches

CP | Elena Becatoros, The Associated Press | Posted 11.22.2011 | Canada Business

ATHENS, Greece - Moody's downgraded eight Greek banks Friday, citing their exposure to their government's bonds and the deteriorating economic situati...

Moody's Suggests Two Canadian Banks 'Too Big To Fail'

Bloomberg | Posted 09.24.2011 | Canada Business

Royal Bank of Canada and Toronto- Dominion Bank, the two largest Canadian lenders, have traits that may make them "systemically important" because of ...

Moody's Slashes Greek Debt Rating, Warns Default All But Certain

CP | Posted 09.23.2011 | Canada Politics

ATHENS, Greece - Moody's downgraded Greece's bond ratings by a further three notches Monday and warned that it is almost inevitable the country will be considered to be in default following last week's new bailout package.

The agency said the new EU package of measures implies "substantial" losses for private creditors. As a result, it cut its rating on Greece by three notches to Ca -- one above what it considers a default rating.