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Standard & Poor's Financial Services LLC

A collection of news and information related to Standard & Poor's Financial Services LLC published by this site and its partners.

Top Standard & Poor's Financial Services LLC Articles see all

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  • O'Malley's fiscal legacy [Editorial]

    O'Malley's fiscal legacy  [Editorial]
    When the three major Wall Street bond rating agencies reaffirmed Maryland's AAA rating last week, Gov. Martin O'Malley issued a news release crediting his administration's "fiscally responsible approach" to budgeting. Given the extent to which Mr. O'Malley's fiscal stewardship has come under attack during the race to succeed him — even in the Democratic primary — that may strike many Marylanders as laughable. But the agencies' letters explaining their decisions are worth a closer look for what they say about the state's underlying fiscal strength and the ways Mr. O'Malley has improved it.
  • Could a third treasurer be the charm? [Commentary]

    Could a third treasurer be the charm? [Commentary]
    The state pension system is Maryland's financial Achilles heel and has been for decades. All bond rating services have noted that rising pension debt endangers the state's AAA bond rating, and the Pew Center on the States rates Maryland as among the...

    Carroll receives positive credit ratings

    Carroll receives positive credit ratings
    Carroll County received positive credit ratings, including one upgrade, from bond rating agencies after the county's annual bond review in New York. Carroll received a AAA rating, the highest possible, from both Fitch Services and Standard and Poor's...

    Shutdown costs feds $2 billion in lost productivity, report finds

    Shutdown costs feds $2 billion in lost productivity, report finds
    WASHINGTON -- The 16-day shutdown of the federal government last month resulted in $2 billion in lost productivity and, at its peak, left 40 percent of the federal workforce furloughed, according to a report released by the Obama administration Thursday....

    Harford to sell nearly $117 million in bonds on Feb. 19

    Harford County officials are preparing to sell $116.9 in bonds on Feb. 19. The bond issues cover $40 million that is being borrowed for various capital improvement projects and $76.9 million to refinance two previous bond issues from 2005 and 2007,...