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Moody’s cuts Belgium ratings by 2 notches (Reuters)

Reuters – Moody’s on Friday cut Belgium’s credit rating by two notches, saying the euro zone debt crisis increases funding risks for countries with high public debt burdens.

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Moody’s cuts Belgium ratings by 2 notches
(Reuters)

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SEC probe casts shadow on Diamond-Pringles deal (Reuters)

Reuters – Diamond Foods Inc said the Securities and Exchange Commission has launched a probe into its accounting of payments to walnut growers, raising concerns of further delays to its deal to acquire Procter & Gamble’s Pringles business.

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SEC probe casts shadow on Diamond-Pringles deal
(Reuters)

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Moody’s cuts Hungary to "junk," government sees attack (Reuters)

Reuters – Credit rating agency Moody’s cut Hungary’s debt to “junk” grade late on Thursday, dealing a blow to Prime Minister Viktor Orban’s unorthodox economic policies and prompting his government to denounce the move as a “financial attack.”

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Moody’s cuts Hungary to "junk," government sees attack
(Reuters)

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Recession, but not like 2008: Morgan Stanley’s Roach (Reuters)

Reuters – Europe is likely already in a mild recession, and the United States could very well join it, but the global economic turmoil is unlikely to reach the depths of the 2008 downturn, Morgan Stanley’s Stephen Roach said on Tuesday.

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Recession, but not like 2008: Morgan Stanley’s Roach
(Reuters)

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Moody’s slashes Italy credit rating (Reuters)

Reuters – Moody’s lowered its rating on Italy’s bonds by three notches on Tuesday, saying it saw a “material increase” in funding risks for euro zone countries with high levels of debt and warning that further downgrades were possible.

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Moody’s slashes Italy credit rating
(Reuters)

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SEC finds failures at credit raters (Reuters)

Reuters – Securities and Exchange Commission staff found “apparent failures” at each of the 10 credit rating agencies they examined, including Standard & Poor’s, Moody’s, and Fitch, the agency said on Friday in its first annual report on credit raters.

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SEC finds failures at credit raters
(Reuters)

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SEC finds failures at credit-rating agencies (Reuters)

Reuters – The U.S. Securities and Exchange Commission staff found “apparent failures” at each of the 10 credit rating agencies it examined, including Standard & Poor’s and Moody’s, the agency said on Friday in its first annual report of credit raters.

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SEC finds failures at credit-rating agencies
(Reuters)