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Stock impact report

France Gets Budget Warning as DBRS Turns Negative on Rating [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
burden amid growing demands for defense spending and persistent risks of political instability. Most Read from Bloomberg Chicago Transit Faces ‘Doomsday Scenario,' Regional Agency Says New York Subway Ditches MetroCard After 32 Years for Tap-And-Go LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style Amtrak CEO Departs Amid Threats of a Transit Funding Pullback The change in outlook reflects “higher execution risks regarding France's capacity to reduce its large fiscal deficit and high public debt ratio in the coming years, not least related to rising debt interest costs,” the ratings firm said in a statement late Friday. DBRS kept its AA (high) rating on France, just one notch below the top level. It's two steps lower at S&P, Moody's and Fitch. France's fiscal challenges intensified last year after elections delivered a hung parliament, making it difficult for governments to pass urgent cuts Show less Read more
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