Standard Poors

Alarm Bell Over Health Of Canadian Banks

CP | The Canadian Press | Posted 02.12.2013 | Canada Business

TORONTO - Standard & Poor’s has downgraded the ratings of six of Canada’s financial institutions by one notch.The credit ratings agency cites a so...

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...

World Stock Markets Hit The Skids On Fed's Warning

CP | Sarah Dilorenzo, The Associated Press | Posted 11.22.2011 | Canada Business

PARIS - The U.S. Federal Reserve's tacit acknowledgment that America's economic slowdown is likely to persist for quite a while sent global stock mark...

S&P Withdraws Sino-Forest's Rating After CEO Resigns

CP | Craig Wong, The Canadian Press | Posted 10.29.2011 | Canada Business

The future of troubled Chinese timberland company Sino-Forest Corp. appeared to be growing dimmer Monday as debt rating agencies sounded an increasing...

Aa3: Moody's Downgrades Japan's Debt

CP | Tomoko A. Hosaka, The Associated Press | Posted 10.24.2011 | Canada Business

TOKYO - Moody's downgraded Japan's credit rating, citing the country's weak growth prospects, massive government debt and constant political uncertain...

U.S. Justice Department Probes S&P Over Mortgage Ratings

CBC | CBC | Posted 10.18.2011 | Canada Business

Officials are investigating the ratings that Standard & Poor’s gave to dozens of mortgage-backed securities in the lead-up to the f...

SEC Reviewing S&P's Math On Downgrade

Bloomberg News | Posted 10.15.2011 | Canada Business

The Securities and Exchange Commission is scrutinizing the method Standard & Poor’s used to cut the U.S.’s credit rating and whether the firm prop...

Michael Moore: Arrest Head Of Standard & Poor's

Financial Post | Posted 10.10.2011 | Canada Business

Add Michael Moore to the list of critics railing against Standard & Poor’s cut to America’s credit rating. Only the fiery social commentator and f...

Massive Selloff On Greek Stock Market

CP | Posted 10.08.2011 | Canada Business

ATHENS, Greece - Shares on the Athens Stock Exchange are plunging, with the general price index down 4.8 per cent at levels not seen since the mid 199...

Meet The Canadian Who Downgraded America

Financial Post | Posted 10.07.2011 | Canada

The primary analyst on Standard & Poor’s cut to the U.S. credit rating is a Canadian. Nikola Swann, based in S&P’s offices in Toronto, was one of ...

'Our Financial System Has Become A Madhouse'

The Guardian | Posted 10.06.2011 | Canada Business

What we have witnessed is a mass global flight from risk and an accompanying hoarding of cash on a huge scale. It was the worst week in the financial ...

S&P Defends Downgrade

CP | Posted 10.06.2011 | Canada Business

WASHINGTON - Standard & Poor's says it downgraded the U.S. government's credit rating because it believes the U.S. will keep having problems getting i...

Global Turmoil Could Affect Canada, Flaherty Says

CP | Posted 10.06.2011 | Canada Business

OTTAWA - Finance Minister Jim Flaherty says the recent stock market turmoil may cause some turbulence for the Canadian economy. But Flaherty says C...

China To U.S.: Deal With Your 'Debt-Addiction'

CP | The Associated Press | Posted 10.06.2011 | Canada Business

BEIJING, China - China, the largest foreign holder of U.S. debt, demanded Saturday that America tighten its belt and confront its 'debt-addiction' in ...