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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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AUDIO: Co-op ratings downgrade

Category : World News

Ratings agency Moody’s has downgraded the Co-operative Bank’s debt rating to “junk” status.

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Moody’s downgrades Co-op Bank rating

Category : World News

Co-op Bank’s debt rating is downgraded to “junk” status by Moody’s, and its chief executive resigns after the collapse of a deal to buy branches from Lloyds.

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Sirona Biochem Corp. (SRBCF: OTC Link) | U.S. Life Sciences I-Bank Moody Capital Leads Sirona Biochem’s US$2.7 Million Placement

Category : Stocks, World News

Vancouver, British Columbia – February 22, 2013 – Sirona Biochem Corp. (TSX-V: SBM, OTCQX:
SRBCF, Frankfurt: ZSB),
(the “Company”) announced today a non-brokered private
placement of up to 27,000,000 units of the Company at a price of US$0.10 per
unit (each a “Unit”) for gross
proceeds of up to US$2,700,000 (the “Private
Placement
”) led by U.S. Life Sciences Investor Moody Capital Solutions,
Inc. (www.moodycapital.com).

“Strong science coupled with
attractive unmet markets makes Sirona Biochem an excellent investment for us,”
said Tim Moody, President and Founder of Moody Capital. “We are impressed with
Sirona Biochem’s scientific programs and are confident in the commercial
potential of their compounds,” added Mr. Moody.

“Moody Capital has provided
funding for a number of successful life sciences companies and their support is
a testament to the value of our programs and technology platform,” said Sirona
Biochem Chief Executive Officer, Neil Belenkie. “We are thrilled by Moody
Capital’s enthusiasm for our technology and vision,” Mr. Belenkie added.

Each Unit will consist of one
common share of the Company (a “Share”)
and one transferable share purchase warrant (a “Warrant”).

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Moody’s shares fall amid legal fears

Category : Business

Shares in the US credit rating agency Moody’s fall 7.7% in trading in New York on Friday amid fears of legal action surrounding rating agencies.

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Just how risky is Amazon’s debt?

Category : Business

S&P gives the retailer’s bonds a high rating. Moody’s says Amazon’s debt is just above junk.

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Aston Martin at risk of downgrade

Category : Business

Moody’s warns it is weighing downgrade of James Bond’s favorite automaker.

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Moody’s cuts rating of ESM fund

Category : World News

Moody’s cuts the triple-A rating of the European Stability Mechanism (ESM) euro rescue fund on Friday by one notch.

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Interconexion Electrica S.A. E.S.P. – ISA (IESFY: OTC Link) | Moody´s sees no immediate implications on ISA´s rating

Category : Stocks, World News


September 21th, 2012

Moody’s sees no immediate implications on ISA’s rating

Attached to this message the release of Moody’s: “No immediate implications on ISA

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US warned of credit rating downgrade if budget dispute continues into 2013

Category : Business

Moody’s agency says AAA rating likely to be cut if Congress can’t agree on $1.2tn of spending cuts and tax rises

US politicians came under renewed pressure to resolve a dispute over $1.2tn worth of spending cuts and tax increases after the ratings agency Moody’s said it would probably cut its AAA rating if negotiations fail before a 1 January deadline.

As the German finance minister, Wolfgang Schäuble, warned that the global economy was burdened by the US’s huge debts, Moody’s ratcheted up the pressure on Congress to prevent the “fiscal cliff” from sending the economy into a nosedive next year.

A failure to strike a deal by the new year will allow time-limited tax breaks and spending commitments first implemented by former president George W Bush to lapse. Barack Obama has already extended the tax breaks but has refused to back them in the run-up to the presidential election.

Democrats argue that the package includes huge concessions to the wealthiest 1% and that they have widened the income and wealth gap during the recovery from the financial crisis. But Republicans have refused to make concessions that would maintain the tax breaks for middle-income families while excluding the richest groups.

John Boehner, the Republican speaker of the House of Representatives, said he was not confident Congress could reach a budget deal and avoid the downgrading. He said the Senate needed to act and President Obama needed to show “leadership”. Any real negotiations are not expected until after the November presidential elections.

A year ago, Moody’s cut its outlook on US debt to “negative,” which acts as a warning that it might downgrade the rating after partisan wrangling over raising the government borrowing limit almost triggered a default.

Rival agency Standard & Poor’s took the drastic step of stripping the government of its AAA rating on its bonds around the same time. Fitch Ratings issued a warning of potential downgrade.

In its report on Tuesday Moody’s noted that the government will probably reach the debt limit again by the end of the year, which means another round of negotiations in Congress on raising the limit if the government is to keep paying its bills.

“Under these circumstances, the government’s rating would likely be placed under review after the debt limit is reached, but several weeks before the exhaustion of the Treasury’s resources,” the Moody’s analyst Steven A Hess said in his report.

Despite the rating cut last year from S&P and the warnings from Moody’s and Fitch, the government has been able to continue borrowing at very low rates.

Investors see the US as a haven from economic turmoil in Europe and uncertainty in other parts of the world.

Moody’s lowers EU rating outlook

Category : Business

Moody’s lowers its outlook for the European Union’s AAA credit rating to “negative” and warns that the bloc’s rating could be downgraded.

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