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Moody's Corporation

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Top Moody's Corporation 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.
  • Maryland gets AAA rating from bond houses

    Maryland gets AAA rating from bond houses
    Maryland kept its coveted AAA bond rating this week, an accomplishment that allows it to continue borrowing cash more cheaply than most states. Gov. Martin O'Malley heralded the rating from New York bond agencies Tuesday as proof of his sound fiscal...

    Legg restructures debt amid signs of turnaround

    Legg restructures debt amid signs of turnaround
    Legg Mason plans to close a deal this month to restructure $650 million in debt, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds. The money raised from...

    Maryland's unemployment rate rises in May

    Maryland's unemployment rate rises in May
    Maryland's unemployment rate ticked upward in May as employers shed 1,300 jobs, the U.S. Department of Labor said Friday. Most states added jobs that month. Maryland was one of 14 that lost ground, its job reductions split about equally between the...

    Maryland employers add 2,300 jobs in March

    Maryland employers add 2,300 jobs in March
    Private employers in Maryland led the way to modest job gains in March, and the state unemployment rate remained essentially unchanged since February, according to preliminary figures released Friday by the U.S. Department of Labor. The agency...