Stock Upgrades & Downgrades News

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  • India pitches for a ratings upgrade with Fitch - source Reuters - Thu, Mar 12, 2015 08:34 GMT
    A cashier counts Indian rupee currency notes inside a bank in Mumbai

    India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month, a senior finance ministry source said. "India has taken several measures in the budget to cut fiscal deficit and promote investments. The rating agencies should consider upgrading sovereign credit rating," …

  • File photo of a view of the General Motors headquarters at the Renaissance Center in Detroit

    General Motors Co’s (GM.N) decision this week to give back up to $10 billion to shareholders over the next two years will likely delay one of its important goals: achieving a top-tier credit rating that would benefit its growing auto finance unit. The No. 1 U.S. automaker has been building its GM Financial unit through …

  • (The following statement was released by the rating agency) SINGAPORE/SYDNEY, March 05 (Fitch) Fitch Ratings has affirmed Telekom Malaysia Berhad's (TM) Long-Term Foreign-Currency Issuer Default Rating ...

  • Moody's downgrades credit rating on Russia Associated Press - Sat, Feb 21, 2015 00:17 GMT

    Moody's Investors Service says it has cut Russia's credit rating to junk grade, citing the crisis in Ukraine and a slide in oil prices and the ruble. The credit rating agency said late Friday that it expects ...

  • S&P cuts oil producer Afren's credit rating Reuters - UK Focus - Wed, Feb 4, 2015 18:35 GMT

    Standard & Poor's cut its long-term corporate credit rating on Afren Plc to 'SD', or selective default, from 'CC', becoming the second major ratings agency to downgrade the oil producer in just over a ...

  • S&P and Moody's downgrade AT&T after $18B airwaves bid Associated Press - Mon, Feb 2, 2015 21:38 GMT

    S&P and Moody's downgraded AT&T Inc. after the wireless carrier bid $18.2 billion for additional airwaves. The company's bid was part of a government auction that sells access to additional airwaves, or ...

  • (The following statement was released by the rating agency) SINGAPORE/HONG KONG, January 28 (Fitch) Fitch Ratings has affirmed Malaysia-based Pacific & Orient Insurance Co. Berhad's (POI) Insurer Financial ...

  • Moody's cuts Russian government's bond rating Associated Press - Fri, Jan 16, 2015 23:45 GMT
    Moody's cuts Russian government's bond rating

    Moody's Investors Service has cut its rating on Russian government bonds one step closer to "junk" status. Several agencies have cut Russia's credit rating in recent months as its economy worsens ...

  • Moody's cuts UK retailer Tesco to "junk" Reuters - UK Focus - Fri, Jan 9, 2015 08:00 GMT

    By Robert Smith NEW YORK, Jan 8 - Moody's Investors Service downgraded UK supermarket retailer Tesco to "junk" on Thursday, the first of the three major rating agencies to do so. Moody's cut ...

  • Pratibha Industries shares down; Crisil downgrades Reuters - Wed, Dec 3, 2014 04:39 GMT

    Reuters Market Eye - Shares in Pratibha Industries(PRTI.NS) fall 5.8 percent. Rating agency Crisil downgrades its long-term rating on Pratibha to BB + negative from BBB negative. The rating agency also ...

  • Fitch Affirms Etiqa Insurance at IFS 'A'; Outlook Stable Reuters - Mon, Nov 17, 2014 09:53 GMT

    (The following statement was released by the rating agency) SINGAPORE/HONG KONG, November 17 (Fitch) Fitch Ratings has affirmed Malaysia-based Etiqa Insurance Berhad's (EIB) Insurer Financial Strength ...

  • (The following statement was released by the rating agency) SINGAPORE/HONG KONG, November 17 (Fitch) Fitch Ratings has affirmed Malaysia-based Etiqa Takaful Berhad's (ETB) Insurer Financial Strength (IFS) ...

  • S&P returns GM credit rating to investment grade Associated Press - Thu, Sep 25, 2014 22:37 BST

    Standard & Poor's has returned General Motors to investment grade after rating it junk for nearly a decade. The firm upgraded GM's corporate credit rating Thursday one notch to "BBB-" — its lowest ...

  • (The following statement was released by the rating agency) SINGAPORE, June 20 (Fitch) Fitch Ratings has affirmed Malaysia-based gaming conglomerate Genting Berhad's (Genting) Long-Term Foreign Currency ...

  • (The following statement was released by the rating agency) Link to Fitch Ratings' Report: Fitch Affirms 53 Asia-Pacific Energy and Utility Companies' Ratings www.fitchratings.com /creditdesk/reports/report_frame.cfm?rpt_id=748316">http:// ...

  • Moody's raises Cyprus outlook, confirms rating AFP - Sat, Mar 22, 2014 10:23 GMT
    Moody's raises Cyprus outlook, confirms rating

    A man withdraws money at an ATM at a Bank of Cyprus branch in the capital, Nicosia, on July 30, 2013

  • Moody's raises German outlook to 'stable' Telegraph - Fri, Feb 28, 2014 23:43 GMT

    Ratings agency believes there is less chance Germany will be called on to prop up weak eurozone economies

  • Moody's raises outlook for European Union to stable

    A sign for Moody's rating agency stands in front of the company headquarters in New York, September 18, 2012

  • Fitch Assigns MEXIM's Sukuk Final 'A-' Rating Reuters - Wed, Feb 19, 2014 01:57 GMT

    (The following statement was released by the rating agency) SINGAPORE, February 18 (Fitch) Fitch Ratings has assigned Export Import Bank of Malaysia Berhad's (MEXIM) USD300m 2.874% sukuk due 2019 a final ...

  • HONG KONG/SINGAPORE, October 28 (Fitch) The Malaysian government's restatement of its commitment to lowering the Federal Government deficit, and introduction of the Goods and Services Tax (GST), are potentially ...

  • Fitch Rates Maybank's Floating Rate Notes Final 'A-' Reuters - Mon, Sep 23, 2013 06:01 BST

    (The following statement was released by the rating agency) SINGAPORE, September 23 (Fitch) Fitch Ratings has assigned Malayan Banking Berhad's (Maybank) HKD1.55bn floating rate notes, issued under the ...

  • (The following statement was released by the rating agency) Link to Fitch Ratings' Report: Crude Palm Oil Dashboard H213 www.fitchratings.com /creditdesk/reports/report_frame.cfm?rpt_id=717736">http:// ...

  • Andy Haldane, the Bank of England's executive director for financial stability, believes the biggest risk to the global financial system is a "disorderly" bursting of the bond bubble created ...

  • Iraq's Oil Plan To Rival Russia And Saudi Sky News - Wed, Jun 12, 2013 14:09 BST
    Why Cheap Oil Isn't All Good News

    Iraq has announced plans to quickly boost its oil production - allowing it to beat the world's current leading oil producers. A senior Iraqi official said his country decided to ramp up oil production ...

  • 10 tips for making money from antiques Telegraph - Wed, Jun 12, 2013 10:52 BST

    Big returns are possible from antique collecting. One family tells how a £19.95 terracotta figurine bought an eBay is now worth £800.

  • Vodafone has mounted a bid for Kabel Deutschland, Germany’s biggest cable company, as part of its plan to shore up its European businesses with pay TV assets and cost cutting.

  • FirstGroup in the spotlight Telegraph - Tue, Jun 11, 2013 20:18 BST

    Investec upgraded its recommendation on the bus and rail group today.

  • Boeing: World Needs 35,280 New Jet Aircraft Sky News - Tue, Jun 11, 2013 14:41 BST
    Boeing: World Needs 35,280 New Jet Aircraft

    Boeing has upgraded its forecast for aeroplane demand over the next two decades, saying the world's airlines will need 35,280 new jets worth £3 trillion. The new forecast shows a 3.8% increase from Boeing's ...

  • India rupee hits new record low against dollar AFP - Tue, Jun 11, 2013 07:21 BST
    India central bank 'intervened' to stem rupee fall

    Different denominations of Indian Rupee, seen in New Delhi, on December 7, 2011. India's rupee slid to a new lifetime low against the dollar on Tuesday, tracking weakness in most other Asian currencies, ...

  • Apple jumps into streaming with iTunes Radio AFP - Mon, Jun 10, 2013 23:53 BST
    Apple jumps into streaming with iTunes Radio

    Apple CEO Tim Cook reaches for iPhone as he speaks at Apple's Worldwide Developer Conference in San Francisco on June 10, 2013. Apple unveiled its hotly anticipated iTunes Radio Service, as the iconic ...

  • Yen falls ahead of Bank of Japan meeting AFP - Mon, Jun 10, 2013 23:46 BST
    BoJ stands pat on policy, says economy 'picking up'

    The yen fell sharply against other major currencies Monday ahead of the end of a two-day meeting of the Bank of Japan.

  • Apple has unveiled new-look software for its phones and tablets, in a move that chief executive Tim Cook said was “the biggest change to iOS since the iPhone”.

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