Entries tagged "Bear Stearns Cos. Inc."
Recent college graduates are shunning Wall Street in favor of Washington.
Lehman Brothers Inc. is doing everything it can to bolster its bottom line by aiming to keep costs down with layoffs and divestitures as well as increasing its reserves with a $6 billion public offering. But Fitch Ratings isn't convinced. The debt rating agency downgraded its long-term ratings on Lehman to A+ from AA- and short-term ratings to F-1 from F-1+. ...
J.P. Morgan Chase & Co. increased offer for Bear Stearns Cos. may have pleased some shareholders, but it also caught the eye of credit ratings agency Standard & Poor's. The New York-based debt rating agency upgraded its credit ratings on Bear five notches to AA- from BBB based on the revised deal. ...
