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A collection of news and information related to Standard & Poor's Financial Services LLC published by this site and its partners.
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Complaining CEOs need to take a hike
I took a walk early Wednesday morning. Azaleas and dogwoods were in bloom. Green-again trees and shrubs were damp, dripping from Tuesday's rain. A zillion birds were singing, and even the starlings sounded sweet. The Orioles had won another game. A...
Tags: Connecticut Labor Markets, Labor Markets, Politics, Moody's Corporation, Business Enterprises
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District 95 wins state board of education's highest financial rating
Despite more than 100 school districts across the state losing their "financial recognition" rating—the Illinois State Board of Education's top rank of financial strength—in the last year, Lake Zurich Community Unit School District 95 recently...
Tags: Automotive Equipment, Finance, Lake Zurich, Economy, Business and Finance, Manufacturing and Engineering
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Spring backward
That lion-in/lamb-out thing about March didn't offer much lamb this year but it did deliver several platters of snow. Oh, spring arrived on time; winter just didn't leave on time. The struggle between seasons finally sorted out Holy Week. Palm Sunday...Tags: The New York Times, Easter, Palm Sunday, Federal Reserve, Religious Festivals
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Farming: Spring backward
That lion-in/lamb-out thing about March didn't offer much lamb this year, but it did deliver several platters of snow. Oh, spring arrived on time; winter just didn't leave on time. The struggle between seasons finally sorted out Holy Week. Palm Sunday...Tags: The New York Times, Easter, Federal Reserve, Religious Festivals, Globalization
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Two rating agencies upgrade outlook for Michigan
LANSING, Mich. (AP) — Two rating agencies have upgraded their outlook for Michigan. Fitch Ratings on Monday upgraded the state's general obligation credit rating to AA, the first time Fitch has rated Michigan above AA- since 2007. Standard and...
Tags: Ratings, Rick Snyder, Credit Ratings, Moody's Corporation, Minor League Baseball
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Mexico's president gathers power, pushes reform
MEXICO CITY (AP) — New President Enrique Pena Nieto has been fast out of the blocks in attacking some of Mexico's toughest issues in a country often stymied by monopolies and corruption. He arrested the most powerful woman in Mexico, leader of the...
Tags: Sports, Upstream Oil and Gas Activities, Basketball, Politics, U.S. Congress
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Dow hits record, erasing Great Recession losses
NEW YORK (AP) — The stock market is back. Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average...
Tags: Stock Market, Productivity, Japan, Companies and Corporations, Consumers
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OPRF administrator is hired by New Trier
Cheryl Witham will be moving on to New Trier High School District 203 after overseeing millions in cost savings and an improved bond rating at Oak Park and River Forest High School District 200, where she has been assistant superintendent of finance and...
Tags: Finance, Credit Ratings, Economy, Business and Finance
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Rep. Benishek: Hopeful for deal to avoid sequestration funding cuts but skeptical
Staff WriterPETOSKEY, Mich. — Congress is gearing up for another down-to-the-wire budget crisis this week with mandatory $1.2 trillion cuts to governmental spending set to take effect March 1. But, despite being discouraged, second-term Congressman Dan...Tags: Media Industry, Politics, U.S. House Committee on Agriculture, Republican Party, Elections
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Raise Maryland calls for higher wages for corporate employees
Some members of the Rev. David Carl Olson's congregation are homeless. A few work minimum-wage jobs, he said, but they still cannot afford to leave shelters. His faith calls him to live in a world with "profoundly more justice," said Olson, who...
Tags: McDonald's, Small Businesses, Labor Legislation, Companies and Corporations, Baltimore County
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PA joins the blame game against Standard & Poor's over financial crisis
Watchdog with Paul MuschickPennsylvania was among several states that filed lawsuits Tuesday alleging that credit rating agency Standard & Poor's contributed to the nation's financial crisis by fudging its ratings. S&P is accused of misconduct involving securities backed by... -
Lawsuit filed by California against Standard & Poor's
Recent documents from the Los Angeles TimesCalifornia filed suit against Wall Street's biggest credit rating agency, Standard & Poor’s, charging the firm with violating the state's False Claims Act by using “magic numbers” and “guesses” to inflate ratings that...
May 8, 2013
|Column| Baltimore Sun
Apr 22, 2013
|Story| Chicago Tribune
Apr 12, 2013
|Story| Aberdeen News
Apr 7, 2013
|Story| Aberdeen News
Apr 3, 2013
|Story| Petoskey News
Mar 19, 2013
|Story| Petoskey News
Mar 6, 2013
|Story| Petoskey News
Feb 27, 2013
|Story| Chicago Tribune
Feb 22, 2013
|Story| Petoskey News
Feb 21, 2013
|Story| Baltimore Sun
Feb 5, 2013
| Allentown Morning Call
Feb 6, 2013
| Los Angeles Times
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