Acquires Czech ratings agency
Acquistion will deepen research capabilities
In its annual report on the Province of Alberta, Moody’s Investors Service says the province’s “Aaa” rating and stable outlook reflect the success achieved under the province’s debt-reduction program and continuing prudent fiscal management, especially in budgeting for volatile oil and gas revenues. “Given Alberta’s history of strong fiscal management and substantial financial flexibility, Moody’s […]
Further upgrades are likely, but at a slower pace, Moody’s says
Insurance industry still faces risks from terrorism once TRIA expires says new report
Lemay appointed managing director
Down to 2% in April, Moody’s says
Finds significant reforms in Canada and the U.S.
Default rate could be nearing a turning point, ratings agency warns
Moody’s Investors Service says the default rate for speculative-grade rated Canadian issuers ended 2004 at 1.8%, unchanged from 2003. The default rate for all rated Canadian issuers (including investment-grade rated issuers), was also unchanged in 2004 at 0.6%.Only two Canadian public bond defaults were recorded in 2004. Of the two 2004 defaults, only one was […]