Moody's Corporation

Selected quotes on actions taken by the Group of Seven major industrial countries on Friday to combat the worldwide financial crisis: ___ "We finalized an aggressive action plan to address the turmoil in global financial markets and restore the health...

WASHINGTON (AP) _ Finance officials from the world's top economic powers endorsed a plan Friday to stem the worst financial crisis in more than a half-century. The officials from the Group of Seven countries issued the five-point plan aimed at...

For many colleges, the last 15 years have been a golden age. Philanthropy and Americans' grudging tolerance for high tuition fueled an unprecedented boom -- investments in everything from gyms, dorms and labs to faculty and expanded financial aid. Now,...

NEW YORK (AP) _ Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange: NYSE Goldman Sachs Group Inc., down $12.55 at $88.80 The bank's credit outlook was revised to negative by ratings agency Moody's, which expects a...

For many colleges, the last 15 years have been a golden age. Philanthropy and Americans' grudging tolerance for high tuition fueled an unprecedented boom — investments in everything from gyms, dorms and labs to faculty and expanded financial aid....

NEW YORK (AP) _ Morgan Stanley Inc. shares plunged more than 22 percent Friday as investors questioned the investment bank's future even with a major investment from Japan's Mitsubishi UFJ Financial Group. Friday marked the fifth straight day that shares...

SAN FRANCISCO (AP) _ With its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history. Now it's finally expanding east of the Mississippi with a $12.2 billion acquisition of Wachovia Corp., a golden...

With sales of General Motors and Ford vehicles down more than 17% this year and the companies' stock prices at lows not seen in decades, one might expect the bankruptcy vultures to be circling over Detroit. General Motors Corp. closed Thursday down 31%,...

Shares of Baltimore's Legg Mason Inc. suffered the largest one-day percentage drop in its history as a public company yesterday and plunged to their lowest price in almost 10 years. Legg's shares fell nearly 25 percent, or $6.25, to $19 in a broad market...

Moody's Investors Service affirmed Aa3 (excellent) insurance financial strength ratings for The Hartford Financial Services Group on Wednesday, but it put the company's A2 (upper medium grade) debt rating on review for possible downgrade. Moody's said it...

Shares of Baltimore's Legg Mason Inc. suffered the largest one-day percentage drop in its history as a public company today and plunged to their lowest price in almost 10 years. Legg's shares fell nearly 25 percent to $19 in a broad market sell-off...

SEOUL, South Korea (AP) _ South Korea, Taiwan and Hong Kong all slashed interest rates Thursday, joining in a chorus of cuts by central banks around the world aimed at fighting the global financial crisis. The moves follow Wednesday's coordinated rate...