Topic: Moody's Corporation
Moody's affirms 'Negative' outlook for Abbott
AP News
Moody's Investors Service affirms 'Negative' outlook for Abbott, warns of potential downgradeMoody's Investors Service affirmed its ratings and negative outlook for Abbott Laboratories on Wednesday and warned of a potential downgrade, citing the company's decision to buy Facet Biotech Corp. for $450 million. On Tuesday, drug and ...
Connecticut AG sues Moody's, S&P over debt ratings
AP News
Connecticut AG Blumenthal sues Moody's, S&P; says mortgage securities ratings "misleading"Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the agencies issued on risky investments. In the civil lawsuit filed Wednesday, Attorney General Richard Blumenthal alleged Moody's and ...
Moody's may cut Hyatt senior unsecured rating
AP News
Moody's may cut Hyatt Hotels senior unsecured rating; worried about profit declinesMoody's Investors Service said Wednesday that it may cut Hyatt Hotel Corp.'s senior unsecured rating, citing profit declines and concerns over soft demand. The lodging sector has struggled during the recession as leisure and business travelers ...
Airgas debt offer gets investment-grade ratings
AP News
S&P, Moody's assign investment-grade ratings to notes for Airgas debt offeringTwo ratings services have given investment-grade ratings to an Airgas Inc. plan to raise $250 million from a debt offering. The Radnor, Pa., industrial gas supplier said Wednesday it will sell senior notes that mature in October ...
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