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Live Stock: First Week Down, Market Pulls Back a Hair After Records
Wall Street Today: S&P 500 Closes at Record, Trump Keeps Appearing on TV
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Is Moody's (MCO) Among Billionaire Chris Hohn's Top Stock Picks?
Moody's has downgraded the rating outlook for the City of Los Angeles to negative, maintaining the Aa2 rating.
Moody's has downgraded the City of Los Angeles's rating outlook from stable to negative while maintaining the Aa2 rating. The rating agency discussed various issues related to wildfires. The potential liabilities associated with the fires "could place financial pressure on government and corporate Operations, preventing them from fully recovering costs and maintaining affordability." Moody's stated that the City of Los Angeles has ample liquidity but may face higher leverage, "related to significantly increased capital investment needed for climate adaptation and resilience." Moody's noted that the city's Aa2 issuer rating reflects its "diversified economy and exceptionally large tax base, despite being affected by wildfires."
Wall Street Today: Does Anyone Have the Cash for Stargates
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Old Timer Trader : He sold 80 BILLION DOLLARS of AAPL stock. Just a year ago, he stated that Apple was a stock that he would never sell… can you explain that?
Value trading : when did he say he’d never sell apple stock? not sure where u get that from
咖波猫 Old Timer Trader : He never stated Apple is a stock he would never sell before.