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Rating for Buffett's Berkshire cut by S&P
ReutersBy Jennifer Ablan, Ben Berkowitz and Jonathan Stempel (Reuters) - Warren Buffett's Berkshire Hathaway Inc had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its...Tags: Stock Market, Finance, Credit and Debt, Insurance, Standard & Poor's Financial Services LLC
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ANALYSIS-Liquidity issues and lawsuits hit Mexico's homebuilders
ReutersBy Gabriela Lopez MONTERREY, Mexico, May 16 (Reuters) - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short...Tags: Housing and Urban Planning, Credit and Debt, Bankruptcy, Loans, Mexico
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Analysis: Liquidity issues and lawsuits hit Mexico's homebuilders
ReutersMONTERREY, Mexico (Reuters) - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short term. Home sales at Geo , Urbi...Tags: Housing and Urban Planning, Credit and Debt, Bankruptcy, Loans, Mexico
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Pakistan's Sharif free to rule without unwieldy coalition
ReutersBy Nick Macfie ISLAMABAD, May 16 (Reuters) - Pakistan Prime Minister-elect Nawaz Sharif won enough seats in Saturday's parliamentary election that he won't need to form a coalition with other major parties to push through badly needed reforms, final...Tags: Government, Pakistan, Nawaz Sharif, Elections, Politics
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RPT-ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
Reuters(Repeats story from early in the day) By Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could...Tags: Public Finance, Finance, International Energy, Real Estate Buyers, Congressional Budget Office
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Sharif podrá gobernar sin coalición poco manejable en Pakistán
ReutersPor Nick Macfie ISLAMABAD, 16 mayo (Reuters) - El primer ministro electo de Pakistán, Nawaz Sharif, ganó suficientes escaños en las elecciones parlamentarias del sábado y no necesitará formar una coalición con otros partidos para aprobar unas...Tags: Pakistan, Nawaz Sharif
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Detroit recovery plan a negative for bondholders-Moody's
ReutersMay 16 (Reuters) - A financial recovery plan released on Monday by a state-appointed emergency manager running Detroit has negative consequences for the city's bondholders, Moody's Investors Service said on Thursday. "The plan is negative for Detroit...Tags: Finance, Credit Ratings, Bonds, Economy, Business and Finance
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Detroit recovery plan raises specter of default: Moody's
Reuters(Reuters) - Detroit's bondholders face a heightened chance of default or bankruptcy by the city under a financial recovery plan released on Monday by a state-appointed emergency manager running the city, Moody's Investors Service said on Thursday. "The...Tags: Finance, Bonds, Credit Ratings, Financially Distressed Companies, Economy, Business and Finance
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ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
ReutersBy Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could trump all that - and provide another leg...Tags: Public Finance, International Energy, Finance, Real Estate Buyers, Congressional Budget Office
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WRAPUP 3-U.S. factory, wholesale price data flag economy's woes
Reuters* U.S. factory output shrinks in April * New York state manufacturing activity contracts in May * Producer prices fall 0.7 percent in April * Wholesale price drop largest in three years By Lucia Mutikani WASHINGTON, May 15 (Reuters) - U.S. factory output...Tags: Food Industry, Inflation and Deflation, Market and Exchange, Consumers, Economic Indicator
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Moody's Affirms West Hartford's Aaa Rating
The Hartford CourantThe town has held on to its Aaa bond rating from Moody's Investors Services Inc., and the financial outlook for the municipality has been upgraded from negative to stable in a rating update issued Tuesday. The town has had the coveted rating since 1974....Tags: Finance, Credit Ratings, West Hartford, Money and Monetary Policy, FEMA
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Michigan raises FY 2013 revenue estimate by $483 million
ReutersMay 15 (Reuters) - Michigan officials on Wednesday raised their revenue estimate for the current fiscal year by $483 million, citing an improving state economy. General fund revenue for the fiscal year that began Oct. 1 is projected at nearly $9.2...Tags: Standard & Poor's Financial Services LLC, European Debt Crisis, Credit Ratings, Land Price, Petroleum Industry
May 16, 2013
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May 15, 2013
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May 15, 2013
|Story| Hartford Courant
May 15, 2013
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Original site for Moody's Corporation topic gallery.
