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Stock Market & Financial Investment News

News Breaks
March 10, 2014
04:55 EDTAPEI, APEI, APEI, DNB, DNB, DNB, MCO, MCO, MCO, MHFI, MHFI, MHFI, FORR, FORR, FORR, BFAM, BFAM, BFAM, ECL, ECL, ECL, CPLA, CPLA, CPLA, WU, WU, WU, ACIW, ACIW, ACIWCredit Suisse to hold a conference
Global Services Conference is being held in Scottsdale, Arizona on March 10-12.
News For APEI;WU;CPLA;ECL;BFAM;FORR;MHFI;MCO;DNB;ACIW From The Last 14 Days
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January 28, 2015
11:05 EDTMHFIS&P nears $1.37B settlement with states, DOJ, WSJ reports
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10:34 EDTMHFIS&P nearing $1.37B settlement with states and DOJ, DJ reports
Dow Jones cites sources, who say a settlement could be announced as soon as tomorrow.
January 27, 2015
08:03 EDTWUWestern Union to offer Apple Pay at flagship locations
Western Union (WU) announced it will offer Apple (AAPL)ís technology Apple Pay mobile payment solution at Western Unionís flagship locations, to provide consumers yet another way to fund global money transfers and bill payments in the United States. Consumers making Western Union transactions at kiosks in over 7,600 Walgreens and Duane Reade locations nationwide also have the ability to utilize the Apple Pay service.
07:40 EDTMCOMoody's to hold a conference
2015 Outlook for Asian Sovereigns, Banks & Corporates Conference is being held in Hong Kong on January 27.
January 23, 2015
07:36 EDTMCOMoody's to hold a conference
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January 22, 2015
07:29 EDTMCOMoody's to hold a conference
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January 21, 2015
11:02 EDTMHFIS&P near to $1.4B settlement on subprime ratings probe, Bloomberg says
S&P may settle subprime mortgage suits as early as next week, added Bloomberg. The S&P settlement is separate from the SEC probe into CMBS, according to Bloomberg.
10:58 EDTMHFIS&P near to $1.4B settlement on subprime ratings probe, Bloomberg says
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10:01 EDTDNBOn The Fly: Analyst Downgrade Summary
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09:12 EDTMHFIS&P Ratings Services reaches settlements with SEC, Attorney Generals of NY, Mass
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09:08 EDTMHFINew York AG joins SEC in settlement with Standard and Poor's
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09:07 EDTMHFIS&P to pay $58M to settle SEC charges
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09:06 EDTMHFISEC announces charges against S&P for fraudulent ratings misconduct
The Securities and Exchange Commission announced a series of federal securities law violations by Standard & Poorís Ratings Services involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities. S&P agreed to pay more than $58M to settle the SECís charges, plus an additional $19M to settle parallel cases announced by the New York Attorney Generalís office -- $12M -- and the Massachusetts Attorney Generalís office -- $7M. The SEC issued three orders instituting settled administrative proceedings against S&P. One order, in which S&P made certain admissions, addressed S&Pís practices in its conduit fusion CMBS ratings methodology. S&Pís public disclosures affirmatively misrepresented that it was using one approach when it actually used a different methodology in 2011 to rate six conduit fusion CMBS transactions and issue preliminary ratings on two more transactions. As part of this settlement, S&P agreed to take a one-year timeout from rating conduit fusion CMBS. In a separate order instituting a litigated administrative proceeding, the SEC Enforcement Division alleges that the former head of S&Pís CMBS Group fraudulently misrepresented the manner in which the firm calculated a critical aspect of certain CMBS ratings in 2011. Barbara Duka allegedly instituted the shift to more issuer-friendly ratings criteria, and the firm failed to properly disclose the less rigorous methodology. The matter against Duka will be scheduled for a public hearing before an administrative law judge for proceedings to adjudicate the Enforcement Divisionís allegations and determine what, if any, remedial actions are appropriate.
09:05 EDTMHFISEC announves charges against S&P for fraudulent ratings misconduct
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05:50 EDTDNBFair Isaac upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Fair Isaac to Overweight citing growth at Scores, software sales momentum and the company's continued buybacks. The firm raised its price target for shares to $85 from $65. Barclays coupled the upgrade with a downgrade of Dun & Bradstreet (DNB) to Underweight. It also keeps an Overweight rating on Equifax (EFX).
05:47 EDTDNBDun & Bradstreet downgraded to Underweight from Equal Weight at Barclays
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January 20, 2015
15:29 EDTMHFIS&P may pay $1.5B to U.S to settle ratings issue, Reuters says
S&P in talks with U.S. Justice department and individual states over mortgage ratings, Reuters added.
14:43 EDTMHFIS&P said to be banned by SEC on rating some CMBSs for year, Bloomberg reports
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14:16 EDTMHFIS&P said to be banned by SEC on rating some CMBSs for year, Bloomberg reports
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07:28 EDTWUTreasury Institute for Higher Education to hold a symposium
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