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Standard & Poor's Financial Services LLC

A collection of news and information related to Standard & Poor's Financial Services LLC published by this site and its partners.

Top Standard & Poor's Financial Services LLC Articles

Displaying items 45-55
  • Standard & Poor's upgrades outlook for U.S. credit rating

    Standard & Poor's upgrades outlook for U.S. credit rating
    WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating. The automatic federal...
  • Fiction and fantasy in finance: What's to become of the euro?

    PARIS -- The American rating agency Standard and Poor's warned 15 European nations on Monday, including Germany and France, that unless they solve their currency problems this week, to the satisfaction of S&P, a business corporation, this company will...
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  • Lawsuit filed by California against Standard & Poor's

     
    California filed suit against Wall Street's biggest credit rating agency, Standard & Poor’s, charging the firm with violating the state's False Claims Act by using “magic numbers” and “guesses” to inflate ratings that...
  • PA joins the blame game against Standard & Poor's over financial crisis

     
    Pennsylvania was among several states that filed lawsuits Tuesday alleging that credit rating agency Standard & Poor's contributed to the nation's financial crisis by fudging its ratings. S&P is accused of misconduct involving securities backed by...
  • Part two: Warning signs

    Part two: Warning signs
    When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines. There was...
  • Raise Maryland calls for higher wages for corporate employees

    Raise Maryland calls for higher wages for corporate employees
    Some members of the Rev. David Carl Olson's congregation are homeless. A few work minimum-wage jobs, he said, but they still cannot afford to leave shelters. His faith calls him to live in a world with "profoundly more justice," said Olson, who...
  • Some investors still on sidelines

    Some investors still on sidelines
    After a brutal third quarter in which the United States saw an unprecedented downgrade of its credit, many weary investors are staying on the sidelines. Despite encouraging signs about new unemployment claims in recent days, uncertainty remains as the...
  • Illinois Senate president: No vote on pension reform until January

    Illinois Senate president: No vote on pension reform until January
    Don’t expect a vote on a plan to overhaul the state’s government worker pension program until after the new year, Illinois Senate President John Cullerton indicated Thursday. The North Side Democrat said that there simply aren’t...
  • Employees beware: Higher healthcare costs ahead

    Employees beware: Higher healthcare costs ahead
    NEW YORK (Reuters) - Large employers expect big increases in healthcare costs in 2012, and say they'll pass more and more of those costs on to their workers. That's the result of a new survey by the National Business Group on Health, a trade group for...
  • Vertex rheumatoid arthritis drug meets study goals

    Vertex rheumatoid arthritis drug meets study goals
    NEW YORK (Reuters) - Vertex Pharmaceuticals Inc said its experimental oral drug for rheumatoid arthritis met the main goals of a mid-stage study. Vertex's VX-509 significantly reduced signs and symptoms of the painful condition and disease activity at...