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JP Morgan downgrades RIL to ''neutral''

Last Updated: Wednesday, June 04, 2014, 10:00

JP Morgan downgraded Reliance Industries Ltd to "neutral" from "overweight", saying share prices already reflect positive catalysts even as fundamentals remain on "a solid footing".

Sony posts $1.26 billion fiscal year net loss

Last Updated: Wednesday, May 14, 2014, 12:37

Moody`s has downgraded its credit rating on Sony to junk, saying the company must do more to repair its battered balance sheet.

Oil prices fall after Russia downgrade

Last Updated: Friday, April 25, 2014, 18:25

Oil prices retreated Friday as traders booked profits in reaction to increased worries over Russia's faltering economy in response to its crisis situation with Ukraine, analysts said.

'Angry Geithner once warned S&P about US downgrade'

Last Updated: Wednesday, January 22, 2014, 09:58

Former US Treasury Secretary Timothy Geithner angrily warned the chairman of Standard & Poor`s parent that the rating agency would be held accountable for its 2011 decision to strip the United States of its coveted "triple-A" rating, a new court filing shows.

Moody's downgrades Qantas to 'junk' status

Last Updated: Thursday, January 09, 2014, 06:07

Moody`s cited "a sharp deterioration in the company`s core domestic business" following the airline issuing a shock profit warning and slashing jobs in December.

European stocks inch up, euro dips on S&P downgrade

Last Updated: Friday, December 20, 2013, 22:42

The FTSEurofirst 300 index of top European shares was up 0.2 percent after an hour of trading.

S&P downgrades Venezuela citing policy `radicalization`

Last Updated: Saturday, December 14, 2013, 09:46

Standard & Poor`s cut Venezuela`s credit rating by one step to B- on Friday and put the country on watch for another downgrade, citing the "growing radicalization of economic policy".

UBS downgrades India to 'neutral', upgrades China on reforms

Last Updated: Monday, November 18, 2013, 10:26

UBS downgrades India to "neutral" from "overweight" and upgrades China to "overweight", saying Plenum reforms will likely cause China to outperform Asia ex-Japan for the next few months.

JP Morgan downgrades L&T to ''neutral'' on valuations

Last Updated: Wednesday, October 30, 2013, 11:42

J.P. Morgan downgrades Larsen & Toubro Ltd (L&T) to "neutral" from "overweight" and maintains its target price of 970 rupees, saying the current share price adequately discounts near-term positives.

Asian sovereigns unlikely to be hit by US downgrade prospects

Last Updated: Friday, October 18, 2013, 18:48

Sovereign ratings of Asian economies are unlikely to be directly impacted by the prospects of a downgrade of the US credit rating, Fitch said on Friday.

UBS downgrades Tata Power to 'sell' citing Mundra project

Last Updated: Thursday, October 17, 2013, 11:25

India's electricity regulator allowed Tata Power to raise tariffs for power generated at its Mundra plant in the state of Gujarat.

Citi downgrades Cummins India to ''sell'', prefers L&T

Last Updated: Thursday, October 10, 2013, 10:09

Citigroup has downgraded Cummins India to "sell" from "neutral" and cut the price target to 377 rupees from 410 rupees, noting that its shares rallied in the last month despite a difficult operating environment.