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Entries in Moody's (2)


Graft scandals and low oil prices drag Petrobras debt rating to junk

Moody’s Investors Service downgraded Petrobras’ debt rating, the second time in a year the debt-plagued company has seen its rating fall. 

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SEC acts to restore compliance at ratings agencies

The Big Three credit rating agencies -- Standard & Poor's, Moody's, and Fitch Group -- control about 95% of the market. They played a pivotal role in causing the 2008 financial meltdown. Rules adopted by the SEC Wednesday are intended to bring integrity back to the ratings process.

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