Moody's Investor Services

Risk assessment firm Moody’s Corporation (NYSE: MCO) is downgrading the outlook on the U.S. banking sector following the collapse of several banks. The credit rating company is also out with calls on seven regional banks. What Happened: On Monday, Moody’s Investors Services announced...

The expectation of "meaningful downwards pressure on revenue and earnings likely into 2021, amid deteriorating end market fundamentals and weak macro conditions, heightened by the coronavirus outbreak," was the justification for lowering trailer manufacturer Wabash National Corporation (NYSE: WNC)...

Johnson & Johnson (NYSE: JNJ) is borrowing $7.5 billion in bonds to help fund its purchase of Momenta Pharmaceuticals, Inc (NASDAQ: MNTA) as a series of companies tap the debt market to finance merger and acquisitions, Bloomberg reported Thursday. What Happened The multinational...

Coal production in the Powder River Basin (PRB) could decline significantly in 2020, but by how much remains to be seen, according to a report by Moody's Investors Services. Moody's October 16 report, "Powder River Basin remains distressed; ESG [environmental, social and governance] factors weigh...

Stop me if you’ve heard this one before. Subprime auto lending has soared since the U.S. mortgage bubble burst back in 2008, and, predictably, default rates have started to follow suit. This week, 90-day auto loan delinquency rates eclipsed 3.8 percent, their highest levels since the...

US markets have been operating on the assumption that the US Federal Reserve will continue with its bond buying plan until March of 2014. With the Fed meeting to come to a close on Wednesday afternoon, most are hoping the bank won’t have any surprises in store. The recent rallies in stocks and...

After excessive debt caused the collapse of Lehman Brothers at the start of the US financial crisis, US companies shied away from taking new loans and focused on lowering their debt. However, five years later, it seems more and more companies are using corporate bonds to grow. The Federal Reserve...

Futures Rise on Stimulus Hopes Despite Weak GDP U.S. equity futures rose in early pre-market trade following gains in Europe on hopes of a rate cut from the European Central Bank this Thursday as markets shrugged off the weak GDP report from last Friday. The ECB is expected to cut the benchmark...

Moody's Investor Service said yesterday it may downgrade U.S. government debt if Congress is unable to reduce the federal deficit. Should negotiations lead to policies that stabilize, and then reduce, the federal debt-to-GDP ratio, the rating will likely stay as it is. If those negotiations fail,...