S&P cuts Doral Financial rating, gives negative outlook
December 17, 2012
Citing Doral Financial Corp.’s “weakened capital position and very high nonperforming assets,” Standard & Poor's Ratings Services lowered its issuer credit rating to 'CCC-' from 'CCC+,' with a negative outlook.
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Moody’s cuts Puerto Rico’s credit affecting $38B in debt
December 14, 2012
Moody's Investors Service downgraded Puerto Rico’s general obligation rating Thursday to Baa3 from Baa1, affecting about $38 billion of the island’s debt held by more than a handful of agencies.
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Products Association sponsors financial seminar
November 12, 2012
Economic uncertainty has led many companies to face delicate financial situations, often leading to defaulting on their credit. But because good credit management is key to protecting against default, the Puerto Rico Rico Products Association ...
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