Tag Archives: Standard & Poor

Spain seems to be doing quite good that Standard & Poor decided to upgrade its rating from negative to stable. This is a major step that has removed the risk of Spain being downgraded to a junk state. This has also averted a major economic crises in the euro zone because Spain being the fourth-largest economy could stumble the already ... Read More »

As the Eurozone crises continues S&P has downgraded Italy’s sovereign rating by one notch! Italy’s sovereign rating has been downgraded from BBB+ to BBB. Italy’s poor economic prospects which seems to get worse with time passing is attracting much negative attention. Standard & Poor’s Ratings Services is downgrading Italy’s credit, saying the country’s economic prospects are getting weaker. S&P lowered its long-term ... Read More »

Apple has created a record in Wall Street for the highest company value ever or in Wall Street terms MVP – Most Valuable Property. Apple’s worth hit $624 Billion as it’s stocks gained. All this, thanks to the upcoming launch of iPhone 5. On Monday, Apple’s surging stock propelled the company’s value to $624 billion, the world’s highest, ever. It ... Read More »