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Stock Market & Financial Investment News

News Breaks
February 23, 2013
14:42 EDTRDS.A, HBC, VOD, DEO, BPMoody's downgrades UK's government bond rating to Aa1 from Aaa
On Friday evening, Moody's Investors Service has downgraded the domestic- and foreign-currency government bond ratings of the United Kingdom by one notch to Aa1 from Aaa. The outlook on the ratings is now stable. The key interrelated drivers of today's action are: 1.The continuing weakness in the UK's medium-term growth outlook, with a period of sluggish growth which Moody's now expects will extend into the second half of the decade; 2.The challenges that subdued medium-term growth prospects pose to the government's fiscal consolidation programme, which will now extend well into the next parliament; 3. And, as a consequence of the UK's high and rising debt burden, a deterioration in the shock-absorption capacity of the government's balance sheet, which is unlikely to reverse before 2016.
News For A;DEO From The Last 14 Days
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January 30, 2015
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08:38 EDTDEODiageo downgraded to Market Perform from Outperform at Bernstein
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11:06 EDTAAgilent announces China FDA approval of SureScan Dx microarray scanner
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07:18 EDTDEODiageo extends payment delay to 90 days for small suppliers, Telegraph says
Diageo (DEO), owner of Guinness and Johnnie Walker, notified suppliers it will delay payment for 90 days on all new contracts and tenders from February 1 onwards, reports the Telegraph. The notice also stated suppliers would have access to Santander (SAN) financing if any monetary issues arise due to the new policy. The Forum of Private Business plans to challenge Diageo on the matter. Reference Link

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