Third consecutive year of improvement, Moody’s says
Follows announcement of corporate reorganization
Market participants give positive comments
Also, corporate bond ratings continue to be very accurate
Moody’s maintains Aaa rating, stable outlook
Could reach 2.5% by July 2005, Moody’s says
Agencies split over credit implications of giant bank deal
Global credit quality is likely to show increasing stability, Moody’s Investors Service says in its latest quarterly report on rating actions, reviews and outlooks. Moody’s says there were slightly more upgrades than downgrades in the second quarter of 2004, putting the downgrade-to-upgrade ratio at 0.97. This was the second quarter in a row that upgrades […]