The firm allegedly made undisclosed changes to its ratings model that allowed issuers to shortchange investors on interest.
Those who trust too much and those who don’t trust machine learning enough will both miss out on potentially better accuracy.
Loan forbearance offers to coronavirus-hit consumers are "prudent" but lenders' credit performance could “deteriorate rapidly” once they expire.
S&P expects "very significant disruptions and sales deterioration" through the second quarter due to store closings and economic contraction.
Understanding how to work with machine learning models is crucial for making informed investment decisions.
The role of credit-rating agencies in determining interest costs on bank loans leaves much to be desired, a study finds.
The SEC says Moody's failed to ensure the accuracy of statistical models and apply rating symbols consistently.
Mark Kaye "has an impressive record of success as a financial steward and senior executive at leading financial services companies," Moody's CEO says.
The SEC says two friends of the analyst made nearly $300,000 in illicit profits on tips he gave them about a client's impending acquisition.
'Connecticut has less flexibility to meet unanticipated revenue shortfalls,' said Standard & Poor's.
Fitch Ratings expresses doubts about Gap's cost-cutting strategy, saying earnings will fall this year even with $100 million in expense reduction.
As a standalone company, Staples has "limited ability to reverse declines in sales and EBITDA over the forecast horizon," Fitch warns.
