Fitch downgrades Greek sovereign debt
Linda Young – Fourth Estate Cooperative Writer Athens, Greece (4E) – Fitch Ratings downgraded the credit rating of Greece’s government again on Thursday. Greece’s credit rating dropped from a B- to a CCC, which puts it deeper into junk bond territory. That means many investors cannot buy Greek debt even if they thought it was [...]
Verizon Wireless announces $2 fee on some monthly bill payments
Linda Young – AHN News Writer New York, NY, United States (AHN) – Verizon Wireless has announced plans to charge many customers a $2 convenience fee every time they pay their monthly bill. The charge applies to any customer who pays their bill for that month by phone or online using a one-time payment on [...]
Moody’s downgrades Japan credit rating over deficit concerns
Vittorio Hernandez – AHN News Tokyo, Japan (AHN) – Japan’s debt rating was downgraded to Aa3 from Aa2 by Moody’s on Wednesday. The cut came over concerns about the level of the Asian giant’s budget deficit and borrowing. However, the rating agency said Japan’s outlook was stable. Although Japan is the world’s third largest economy, [...]
S&P says it may cut U.S. AAA credit rating
Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – Standard & Poor’s said on Thursday that it may downgrade the U.S.’s AAA credit rating. The ratings agency says that Washington has a 50% chance of a credit rating cut. The S&P warning came a day after another ratings agency, Moody’s Investors Service, made [...]
S&P downgrades China’s property market rating
Linda Young – AHN News Writer Beijing, China (AHN) – Credit ratings agency Standard & Poor’s announced that it had downgraded its outlook for China’s property market to negative from stable over concerns about the government’s decision to tighten its credit policy. China’s central bank announced on Tuesday that it planned to tighten credit to [...]
Hackers hit Citigroup, gain access to data of North American credit card customers
Vittorio Hernandez – AHN News New York, NY, United States (AHN) – Citigroup admitted on Thursday that its security was breached by cyber thieves who gained access to thousands of data of the bank’s North America credit card customers. The bank disclosed that the hacking incident was discovered after routine monitoring. Citigroup said it is [...]
Markets must end reliance on ratings agencies, Treasury minister says
Mark Hoban has vowed to break the “over-reliance” of the financial markets on credit rating agencies. View full post on All Stories
Cash Loans for Immediate Fund Requirement
Emergencies do not strike after giving a prior notice. These may occur anytime and anywhere without any information. A person may not be expecting these when they occur, but once they take place people have to take necessary steps in order to overcome them. Sudden accidents, illness, unexpected death or an unplanned trip and so [...]
Credit Agricole: Focus on organic growth in Italy
MILAN -(MarketWatch)- Credit Agricole SA (ACA.FR) Chief Executive Jean-Paul Chifflet Wednesday said the French bank’s Italian subsidiary will focus on expanding organically rather than buying branches from other banks. View full post on All Stories
Fast Cash Loans Avail Funds at Homes
Is your credit status very low and because of this you cannot avail assistance from any loan lending organization as they fist look into the borrower’s credit status. With this awful credit status you cannot avail any credit assistance as you need to place in a Collateral against the amount you desire to avail. Well [...]
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- Markets move higher Monday morning
- Second Guessing Medicare’s Star Rating System
- Plane with newly-inaugurated Hollande hit by lightning, trip to Germany delayed
- Mortgage rates fall to new low–again
- U.S. stocks tumble Tuesday over Greek woes
- Gingrich set to endorse rival Romney
- Thousands of Libyans still afraid to return home
- Costco to offer mortgages
- Bank of America sees profits drop
- Short sales up in housing market
