Downgrades still outnumber upgrades, but the gap is narrowing
Odyssey Re privatization offers greater upstream dividend potential, firm says
Deterioration in credit quality a concern, rating agency says
Weak revenue growth will pressure province’s finances
Moody’s predicts that the U.S. speculative-grade default rate will peak at 12.7% in the fourth quarter
Global insurance and asset-management firms' recent gains could be short-lived if market conditions deteriorate
Conditions remain weak globally for consumers
Despite improvement, the number of downgrades remains very elevated by historical standards
The rating agency predicts the global default rate will peak at 12.8% in the fourth quarter
Potential rating actions do not reflect on the underlying financial strength of the Canadian banking system, rating agency says