By Nate Raymond and Jonathan Stempel NEW YORK (Reuters) - Moody's Investors Service and Standard & Poor's on Friday said they have settled two long-running lawsuits seeking to hold them responsible for misleading investors about the saf... [Full Article]
MUMBAI (Reuters) - The economic support for India's sovereign ratings has weakened "somewhat" given the sluggish growth in Asia's third largest economy, Kim Eng Tan, senior director of Asia-Pacific Sovereign Ratings at Standard &a... [Full Article]
(Reuters) - Standard & Poor's on Wednesday began trying to move lawsuits by 15 states and Washington, D.C. over its credit ratings to federal court from state court, hoping to limit its liability in one of the biggest fraud cases tied to the... [Full Article]
WASHINGTON (AP) - Standard & Poor's is prepared to spend years beating back a federal lawsuit that accuses the company of giving falsely high ratings to mortgage investments that helped trigger the financial crisis, executives said Tuesday. ... [Full Article]
MUMBAI (Reuters) - Morgan Stanley and CLSA downgraded their ratings on Cipla Ltd a day after the Indian drugmaker reported a slower-than-expected rise in its October-December net profit. Morgan Stanley cut its ratings to "equal-weight" from... [Full Article]
REUTERS - Barely two weeks after the big subprime lender New Century Financial Corp went bankrupt, a top Standard & Poor's executive assured Congress that her employer could be counted on to sound the alarm for the next credit disaster. S&am... [Full Article]
The government's case against Standard & Poor's points to documents that authorities say support their accusations - namely, that S&P intentionally gave high marks to risky mortgage investments that eventually collapsed and helped t... [Full Article]
WASHINGTON (AP) - The U.S. government is accusing the debt rating agency Standard & Poor's of fraud for giving high ratings to risky mortgage bonds that helped bring about the financial crisis. (Source: Associated Press)... [Full Article]
REUTERS - The U.S government has launched a civil lawsuit against Standard & Poor's and parent The McGraw-Hill Companies Inc over mortgage bond ratings, the first federal enforcement action against a credit rating agency over alleged illegal... [Full Article]