Downgrade reflects uncertainties about the government's financing strategy
Defaults in the current cycle were driven in large part by the forest products sector
But equities markets’ better performance has eased the pressure on these firms greatly
Chicago-based Morningstar, Inc. is buying a rating agency that focuses on the structured finance industry for US$52 million in cash and stock, the independent investment research firm said Friday.The deal for Realpoint, LLC, which includes approximately US$42 million in cash and US$10 million in restricted stock, is expected to close in the next few months, […]
Impact on corporate credit quality was especially severe in the first six months of 2009
Strong financial performance, robust capital levels prompt upgrade
Siam City Bank deal is negative in the short-term, but long-term impact could be positive
Provinces and territories to decide independently whether to make legislative changes or to recommend best practices
Canadian operations complemented by U.S. market presence, rating agency says
Tougher sentences proposed in response to financial scandals