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U.S. asks judge to deny S&P's motion to dismiss fraud lawsuit
Reuters(Reuters) - The U.S. Justice Department on Monday asked a federal judge to deny Standard & Poor's motion to dismiss a government lawsuit against the ratings agency, saying its statements on certain financial products were fraudulent and not mere "puffery"...Tags: Stock Market, U.S. Department of Justice, Crime, Law and Justice, Judges, Trials
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Duo of senators plead with SEC to take action on credit raters
ReutersBy Sarah N. Lynch WASHINGTON, May 14 (Reuters) - A bipartisan pair of U.S. senators urged federal securities regulators to move quickly on fundamental changes to how credit-rating agencies are compensated, a step they said will reduce the type of...Tags: Crime, Law and Justice, Labor Legislation, Standard & Poor's Financial Services LLC, Economy, Business and Finance, Financial and Business Services
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Ganancias de Moody's crecen por mayor emisión de deuda corporativa
Reuters3 may (Reuters) - La agencia de calificación de crédito Moody's Corp reportó el viernes una ganancia ajustada del primer trimestre que superó las estimaciones de los analistas, ayudada por una ola de emisiones de deuda corporativa. La ganancia neta...Tags: Stock Market, Thomson Corporation, Moody's Corporation
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McGraw-Hill profit rises on gain from education business sale
ReutersApril 30 (Reuters) - McGraw-Hill Cos Inc, the parent of credit ratings agency Standard & Poor's Corp, reported a rise in first-quarter profit on a one-time gain from the sale of its education business. Net income rose to $735 million, or $2.59 per share,...Tags: McGraw-Hill Incorporated, Standard & Poor's Financial Services LLC
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The day ahead in business April 30
Reports: Employment cost index for first quarter, 7:30 a.m.; Case-Schiller 20-city home-price index for February, 8 a.m.; Chicago PMI for April, 8:45 a.m.; Consumer confidence for April, 9 a.m.; State Street investor confidence index for April, 9 a.m....
Tags: Avon Products Incorporated, Denny's Corporation, NCR Corporation, Cray Incorporated, Littelfuse Incorporated
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Settlement cost for Moody's, S&P, Morgan Stanley is $225 mln -WSJ
ReutersApril 29 (Reuters) - Morgan Stanley and two ratings agencies have agreed to pay about $225 million to settle lawsuits claiming they concealed risks in two mortgage-related deals that collapsed during the financial crisis, the Wall Street Journal...Tags: Stock Market, Standard & Poor's Financial Services LLC, Swine Flu, The Wall Street Journal, Morgan Stanley Dean Witter & Company
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Moody's, S&P settle lawsuits over debt vehicle ratings
ReutersNEW YORK (Reuters) - Moody's Investors Service and Standard & Poor's on Friday said they have settled two long-running lawsuits seeking to hold them responsible for misleading investors about the safety of risky debt vehicles that they had rated. The...Tags: U.S. Department of Justice, Credit and Debt, Crime, Law and Justice, McGraw-Hill Incorporated, Trials
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S&P fails to keep Connecticut ratings case in federal court
ReutersApril 25 (Reuters) - Standard & Poor's suffered a legal defeat late on Wednesday when a Connecticut federal judge said that state's lawsuit accusing the credit rating agency of inflating its ratings to win business belongs in state court, not federal...Tags: Stock Market, Crime, Law and Justice, Judges, Standard & Poor's Financial Services LLC, Trials
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US sues S&P over pre-crisis mortgage ratings
WASHINGTON (AP) — The U.S. government is accusing the debt rating agency Standard & Poor's of fraud for giving high ratings to risky mortgage bonds that helped bring about the financial crisis. The government filed a civil complaint late Monday...
Tags: Crime, Law and Justice, Trials, Economy, Business and Finance, Financial and Business Services, Derivative Securities
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Google settles Library suit: Settlement ends seven years of bitter litigation
VarietyGoogle and the Association of American Publishers Thursday ended seven years of bitter litigation with a settlement over the search giant's use of copyrighted books in its Google Library project. The deal will provide access to publishers' in-copyright...Tags: Patents, Copyrights and Trademarks, Trials, Book, Google Inc., Litigation and Regulation
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Publishers and Google reach agreement in Google Books case
The American Assn. of Publishers and Google announced that they have reached an agreement in the Google Books scanning case, filed almost seven years ago. The agreement need not be ratified by a judge to be implemented. The publishers involved in the...
Tags: Google Play, Google Inc., Book, Arts and Culture, Libraries
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May 21, 2013
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May 14, 2013
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May 3, 2013
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Apr 30, 2013
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Apr 30, 2013
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Apr 29, 2013
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Apr 26, 2013
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Apr 25, 2013
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Feb 5, 2013
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Oct 6, 2012
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Oct 4, 2012
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Feb 27, 2012
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