MBIA expects positive outcome of Moody's review
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MBIA Inc Chief Financial Officer C. Edward Chaplin said on Thursday the bond insurer would continue to work with Moody's Investors Service to keep its credit rating at "triple A" and believes the outcome of a Moody's review will be "affirmative."
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The US aircraft manufacturer Boeing voiced optimism its row with European reval Airbus over government subsidies would be resolved through US-European Union negotiations.
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MBIA Inc  said on Thursday it  would have the cash to meet commitments even after reporting a  worse-than-expected loss, but rating agencies kept the pressure  on the world's largest bond insurer with a series of actions  and warnings late in the day.
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Business & money: MPC hawks expected to triumph over doves to defend Bank's inflation target.
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Following a formal approval from the EU for Byetta, Amylin can get down to business.
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(Corrects to show Moodyâs cut ratings on some collateralized debt obligations, not AMBAC shares in final 2 paragraphs)
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Moody's Corp. , the parent of its namesake credit rating agency, on Wednesday said fourth-quarter profit soared 86 percent, helped by growing demand for ratings and a gain from the sale of its downtown Manhattan headquarters.
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Investors find reasons for optimism for Charles Schwab.
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Moody&#39;s Investors Service on Friday said it may raise its ratings on global energy company AES Corp.(AES.N: Quote, Profile, Research) , citing lower debt and improved cash flow.
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Molson Inc. Chief Executive Officer Daniel O&#39;Neill said he&#39;ll provide investors with a ``positive&#39;&#39; response to their concerns over the company&#39;s plan to let stock- option holders vote on its planned merger with Adolph Coors Co.
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Investors may snap up a planned $1 billion debt sale by a unit of MBIA Inc , after the beleaguered bond insurer was forced to ramp up the deal's yield to about 14 percent to attract greater interest, according to investors familiar with the deal on Friday.
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ABB said it was âawareâ of the ruling, but remained confident that a settlement would be reached. âABB is naturally surprised and disappointed at todayâs decision, but remains confident that it can resolve.
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Investors liked what they heard from the shoe company.
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Plaintiffs who won a bond default ruling against BearingPoint Inc. last week said that they aren't trying to ruin the company and that they don't think the $21.5 million in damages they have requested will hurt the McLean consulting firm's business.
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The organic-food maker's results are sure to give investors a good feeling in their stomachs.
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It looks like it will be a good year for the engineering and construction company.
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Constellation is defiantly optimistic regarding near-term challenges.