Standard & Poor

S&P 500 Gains for the Fifth Straight Month in July

S&P 500 Gains for the Fifth Straight Month in July

Mostly powered by healthy earnings reported by big companies in recent times and vanishing hopes that the Fed will raise the benchmark interest rates any time soon, the S&P 500 climbed 3.6 percent in July. It is the biggest jump since March. Leading the list, were the technology stocks which scaled greater than 7.8 percent with better than expected earnings report from tech giants Alphabet Inc., Microsoft Corp and EBay Inc.

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S&P 500 Bounces Back to Record Territory

S&P 500 Bounces Back to Record Territory

This year has not given too much reason for investors to cheer but it might be starting now.

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In October, Home Prices in Twenty Cities in the U.S Moved at a Quicker Pace

In October, Home Prices in Twenty Cities in the U.S Moved at a Quicker Pace

Owing to less availability, the home prices in twenty of the U. S. cities increased at a faster speed in the financial year which ended in October.

Compared to October 2014, the S&P/Case-Shiller index of property values increased 5.5 percent following a spike of 5.4 percent in the year till September.

Nationally, prices went up by 5.2 percent on a year on year basic. The average projection of twenty one economists forecasted a 5.6 percent progress.

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Data Shows Rise in Local Home Prices Slow Down but Surpass the U.S. Average

Data Shows Rise in Local Home Prices Slow Down but Surpass the U.S. Average

On Tuesday, Standard & Poor's/Case-Shiller index data revealed that the average price of single-family homes for July in King, Snohomish and Pierce counties dropped 0.1 percent compared to earlier months. However, it was still ahead of a twenty city index.

The performance in July was a turnaround from that of June. In June the Case-Shiller home-price index for the Seattle metro increased 0.1 percent compared to May. The data is after taking into account the seasonal fluctuations. July's 0.2 percent decline in the 20-city index repeated the performance of June.

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S&P to Pay $1.38 Billion as Penalty

S&P to Pay $1.38 Billion as Penalty

Credit rating agency, Standard & Poor's will have to pay a huge $1.38 billion fine for its role in providing stimulus to the mortgage meltdown that took place more than six years back as the financial crisis struck the nation.

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Standard & Poor's demotes Bank of Ireland's secondary bonds

Standard & Poor's demotes Bank of Ireland's secondary bonds

Ranking organization Standard & Poor's slash the ranking for Bank of Ireland's secondary bonds to beginning BB- to D yesterday.

It denotes that the organization considers that the bonds are efficiently in defaulting subsequent to the bank presented to acquire them back at approximately half their face value.

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Vanguard Launches Nine New ETFs

Vanguard Launches Nine New ETFs

It seems if Vanguard has started a war in the market by introducing nine Exchange-traded funds that are based on Standard & Poor's benchmarks.

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S&P Abandons Irish Sovereign Debts

Yesterday, Standard & Poor’s (S&P), the U.S. financial service provider, reported that it would be taking away its long-term credit rating from AA to AA- on the sovereign debt of the Republic of Ireland by one notch, ending the Government’s attempts to decrease its borrowing, and ultimately the budget deficit. As a result, the borrowing costs have increased significantly.

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AAA Rating for U.K. confirm Pessimistic Outlook, Reports S&P

AAA Rating for U.K. confirm Pessimistic Outlook, Reports S&P

The AAA sovereign credit card rating of Britain has been declared by Standard & Poor's. The rating agency has also stated that regarding the budget concerns, the prediction were to be termed as "negative" while the matter of the nation's budget is not getting enough attention by the Government, as sufficient measures are not being opted by for lessening the budget scarcity.

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Another LA Bond Rating Downgrade Prompted on Concerns Over Revenue

Standard & Poor

On Tuesday, the last of the country's major financial credit agencies undertook the development of lowering Los Angeles' bond rating, which will now most likely cost the city over a million dollars more whenever it looks to borrow in future.

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