Nokia Downgraded By Moody’s

July 24, 2012- Moody’s, the international ratings agency downgraded Nokia’s long term debt on Monday. The downgrade was for two notches taking it to Ba3. The agency cautioned that the mobile phone gi...

U.S. Debt Rating Reduced to AA+

August 6, 2011- Standard & Poor’s lowered the debt rating for the United States from AAA to AA+ saying the political system is not as stable as it once was and the cuts this week in the budget we...

European Stocks Gain for Second Straight Week

January 15,  2011- European stocks gained for the second straight week as investors reasoned that the European Union will add to its efforts to stabilize the region’s debt emergency. Bank shares repo...

Portuguese Bond Sale Boosts Global markets

January 12, 2011- Portuguese government debt was auctioned off and validated investor confidence in the markets. US and European equities returned to two-year highs and crude oil advanced  towards th...