Corporate Credit Ratings

  • Blogs

    September 23, 2011

    Standard & Poor's downgrades Minnesota's credit rating

    Mark Dayton and Majority Leader Kurt Zellers: We're screwed, let's shake on it.​Standard & Poor's is the third of the big three credit ratings agencies to knock down Minnesota's score. In the last three month, the "big three" have been taking big chunks out of Minnesota's financial reputation ... More >>

  • Blogs

    August 2, 2011

    Moody's downgrades Minnesota to negative

    Wikipedia Thanks, a lot guys -- now our credit's screwed.​To get a state budget passed, Minnesota used a bit of tricky accounting -- a lot of borrowing here, a lot of delayed payments there -- to make the numbers work on paper. The tricks didn't fool Moody's Investor Service, the premiere credit r ... More >>

  • Blogs

    July 8, 2011

    Fitch downgrades Minnesota's credit

    ​Minnesota's excellent credit rating got knocked off its feet yesterday by Fitch Ratings, thanks to the government shut down. We've gone from a triple-A rating to double-A plus. The upshot is that the state will have to pay higher interest rates when it borrows money. But before everyone sta ... More >>

  • Calendar

    January 7, 2009
  • Blogs

    July 7, 2008

    Newspaper Default-o-Matic: Pi Press parent a big credit risk

    Bored with words? Like to look at graphs instead? Still want to follow the burgeoning newspaper financial crisis? Longtime journalist and current CEO Alan Mutter has created a handy tool just for you.

  • Blogs

    May 27, 2005

    Shoot the corporate naming consultants first

    Moody's downgrades American Express Financial spinoff Forget the numbers. I have no concrete explanation for why Moody's Investors Service today downgraded the debt rating for Minneapolis-based American Express Financial Corp. I have no pretense that anyone cares. But I feel compelled to point out ... More >>