credit rating

First, Standard and Poor's downgrades the U.S. debt. Next, Deven Sharma (S&P's president) announces that he has resigned. Now McGraw-Hill (NYSE: MHP), which owns Standard & Poor's, has roused proposals of splitting up the company. Is this restructuring a result of poor decisions by McGraw...

Moody's Investors Service raised its outlook on AT&T (NYSE: ATT), citing the telecommunications company's better performance of late and efforts to cut down its leverage the past couple of years. Moody's Vice President and Senior Credit Officer Gerald Granovsky stated, “AT&T's ability to...