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Moody’s Gives Hamas a Win with First-ever Israeli Credit Downgrade

Credit rating agency Moody’s on Friday downgraded Israel’s credit rating from “A1” to “A2” for the first time ever, citing a war started by Hamas, handing a victory to Hamas and its Iranian backers. globe report: Moody’s downgraded Israel’s credit rating from A1 to A2 due to the war. The international rating agency also downgraded […]

Regional bank hit with third credit downgrade as crisis concerns linger

Julia Coronado, founder and president of MacroPolicy Perspectives, talks on Making Money about whether a new local banking crisis is on the horizon. new york community bank Nearly a year after the local banking sector was hit by a crisis that triggered the largest bank failure in U.S. history, (NYCB) is closing for the third […]

New York Community Bancorp downgrade stokes fears of regional bank failures

New York Community Bancorp (NYCB) stock fell Wednesday morning after Moody’s Investors Service late downgraded the company’s rating to investment grade, the lowest possible rating. . NYCB’s stock price fell nearly 14% early Wednesday following the downgrade, which Moody’s blamed on the bank’s “multifaceted financial, risk management and governance challenges.” The bank’s stock had recovered […]

New York Community Bank says deposits have grown and liquidity is ‘ample,’ in wake credit rating downgrade – MarketWatch

Published: February 7, 2024 at 6:37am ET New York Community Bancorp Corp. NYCB sought to reassure investors Wednesday, saying its total deposits have increased over the past few weeks and that liquidity is “adequate.” The comments came after Moody’s Investors Service downgraded the bank’s credit rating to speculative grade, or “junk,” citing financial, risk management […]

Kentucky bill would downgrade college IDs as voter identification

If a bill passed by the Kentucky General Assembly on Tuesday becomes law, university-issued student IDs would no longer carry the same weight as photo IDs at polling places. The Senate passed an amendment to the state’s voter identification law that would remove student ID cards from the list of primary documents used to verify […]

Apple slapped with second stock downgrade as Wall Street fears sagging iPhone demand

Apple suffered its second sharp drop in stock prices this week on Thursday as concerns grew on Wall Street about sluggish demand for its flagship iPhone. Piper Sandler & Company lowered its rating on Apple stock from “overweight” to “neutral” on Thursday. The company's analysts, who have been bullish on Apple since March 2020, pointed […]

Apple shares slip 3% after Barclays downgrade – CNBC

Apple CEO Tim Cook attends the China Development Forum (CDF) 2018 annual session held at the Diaoyutai State Guesthouse in Beijing, China, on March 26, 2018. Jason Lee | Reuters Apple shares fell more than 3% in Tuesday morning trading after Barclays downgraded the stock to underweight and lowered its price target slightly to $160 […]

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