- BITS; S.&P. Downgrades Nokia's Bonds to Junk April 28, 2012Standard & Poor's downgrades Nokia's bonds to junk status, noting that the company's first-quarter revenue fell below its expectations; announcement comes as Samsung dethrones Nokia as the world's top maker of mobile phones. Photo (M)1
- Spain's Plight Tests European Drive for Austerity April 28, 2012Austerity has failed to bring bond investors back to Greece, Ireland and Portugal, nor is it working in Spain.
- S.&P. Cuts Its Rating on Spain, Citing Debt April 27, 2012The downgrade came with Spain emerging as a looming problem for Europe, with fears that the country will be next in line for a huge bailout, after Greece.
- Standard & Poor’s Gives Negative Outlook for India April 26, 2012Standard & Poor’s now says the country has at least a 1-in-3 chance of seeing its debt downgraded to junk status.
- S.&P. Gives Negative Outlook for India April 25, 2012The government's inability to rein in debt and cut its fiscal deficit worry ratings agency.
- Europe's Plan on Credit Ratings April 2, 2012European Union finance ministers agree to require companies to rotate ratings agencies, though the rules still must be approved by governments and the European Parliament.
- European Finance Ministers Clear Way for Credit Rating Competition April 1, 2012The ministers agreed to require companies to rotate ratings agencies, though the rules still must be approved by governments and the European Parliament.
- Support Is Offered to Greek Banks After Latest Downgrade February 29, 2012Although Greek bonds can no longer be used as collateral with the European Central Bank, national central banks can step in under a stop-gap measure.
- S.&P. Downgrades 34 Italian Banks February 11, 2012The credit ratings agency said it expected weak performance for Italian banks in the years ahead.
- Europe's Banks Reluctant to Lend to Companies in Need of Cash February 6, 2012As profits and sales slip, some European companies are scrambling to pay their bills, at a time when banks grow increasingly hesitant to lend.
- DEALBOOK; Lax Oversight Is Blamed In Demise of MF Global February 3, 2012House panel faults risk oversight by some ratings agencies and MF Global's chief risk officer Michael Stockman for the firm's demise; upon questioning, executives from Standard & Poor's and Moody's portrayed their ratings as prudent, faulting MF Global for obscuring its holdings. Photo
- Credit Downgrades Can Be Poor Predictors — Fundamentally January 22, 2012If you’re trying to decide whether to invest in Europe, various market factors may offer better gauges than the lowering of countries’ debt ratings.
- Austria’s Downgrade: The Government’s View January 21, 2012The consul general of Austria protests Standard & Poor’s downgrade of his country’s rating.
- Europe Downgrades Ratings Agencies January 20, 2012Amid a growing backlash over the power of the international ratings agencies, calls rise to set up a home-grown alternative to the U.S.-based big three - S.&P., Moody's, and Fitch. In the meantime, central bankers say, pay them less attention.
- Downgrade of France’s Credit Rating January 18, 2012Standard & Poor’s downgraded the credit ratings of France, Italy and seven other European countries.
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