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Tag Archives: moody’s

Report: Md. economy reliant on federal jobs, lacks private-sector growth (access required)

ODENTON — Maryland’s economy has become increasingly dependent on federal jobs and has failed to grow the private sector or increase venture capital funding, according to a report by Moody’s Analytics. The report, which was presented Friday afternoon to the ...

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Moody’s downgrades Howard U’s credit rating

WASHINGTON — Moody’s Investors Service has downgraded Howard University’s credit rating, citing revenue declines at the historically black college and automatic federal budget cuts from Congress. Moody’s issued its downgrade Tuesday after a review that began in July. Howard’s rating ...

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Moody’s: Established gambling markets faltering

LAS VEGAS — Established gambling towns like Las Vegas and Atlantic City are hurting as more states start welcoming bettors’ dollars, Moody’s Investors Service warned last week. The credit rating agency issued a report describing a shift in casino tax ...

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Moody’s: Outlook for higher ed sector now negative

Moody’s Investors Service on Wednesday downgraded its outlook for the higher education sector to negative across the board, saying even prestigious, top-tier research universities are now under threat from declining enrollment, government spending cuts and even growing public doubts over ...

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A year later, S&P downgrade of U.S. looks like a dud

WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. Treasurys threatened to sow chaos in financial markets, driving up ...

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Moody’s may downgrade Penn State’s credit

NEW YORK — Moody’s Investors Service said Monday it may cut its rating on Penn State’s credit as the university deals with the fallout from the Jerry Sandusky child sexual-abuse case and sanctions against the school’s football team. The agency ...

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Morgan Stanley closes a bleak bank earnings season

NEW YORK — It’s tough being a big bank these days. Morgan Stanley, the storied investment house, reported Thursday that its revenue was down sharply for April through June and its profit missed Wall Street expectations. Its stock was clobbered ...

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