John Detrixhe
Europe stock volumes soar on turbulence, suspended dark pool
LONDON - A turbulent start to the open of the London market propelled trading volume as much as 700 percent higher than normal, while...
U.S. rating outlook changed to stable from negative by DBRS
NEW YORK – The negative outlook on the U.S.’s AAA credit-ranking was changed to stable by DBRS Inc. amid declining federal budget deficits and...
U.S. outlook revised to stable by S&P as fiscal risks recede
NEW YORK – The U.S.’s AA+ credit rating outlook was increased to stable from negative by Standard & Poor’s, based on receding fiscal risks,...
U.S. faces downgrade in 2013 without budget deal, Moody’s warns
NEW YORK - U.S. policymakers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, even as the latest...
U.S. isn’t broke, dollar won’t fail, Capital Economics says
NEW YORK - The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst...
Fitch says U.S. rating still unlikely to change until 2013
NEW YORK - Fitch Ratings said its negative outlook on the U.S.’s AAA credit ranking is still unlikely to change before late 2013 as...
Moody’s says U.S. faces Aaa cut without budget deal in 2013
WASHINGTON - Moody’s Investors Service said it may join Standard & Poor’s in downgrading the U.S.’s credit rating unless Congress next year reduces the...
TD Bank buys credit-card unit as losses decline: Canada credit
TORONTO - Toronto-Dominion Bank, which has four branches in Rhode Island, agreed to buy Bank of America Corp.’s C$8.5 billion ($8.7 billion) Canadian credit-card...
Clarity eludes investors as AAA companies yield more than U.S.
NEW YORK - Credit ratings are becoming irrelevant in a bond market where investors still perceive AAA companies from Johnson & Johnson to Microsoft...
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