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Top related persons:
Demotech - 1 ” - 1 Sanjay Wadhwa - 1 A.M - 1 Demotech “ - 1 Fitch - 1 México - 1 “ - 1
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New York SEC’s Santiago Chile London China
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Moody’s Investor Services - 2 New - 1 New York CNN - 1 US Securities and Exchange - 1 Fitch - 1 S.A - 1 SEC - 1 Services - 1

Search resuls for: "Moody’s Investor Services"


2 mentions found


☆ SEC fines six major credit rating agencies over failure to keep electronic records
  + stars: | 2024-09-03 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +3 min
New York CNN —The US Securities and Exchange Commission fined six major credit rating organizations a total of $49 million for their “significant failures” to keep electronic communications. Moody’s Investor Services and S&P Global Ratings agreed to pay the heftiest fines, a $20 million civil penalty each. Fitch Ratings agreed to pay $8 million, A.M. Best Rating Services agreed to pay $1 million, HR Ratings de México, S.A. de C.V. $250,000, and Demotech agreed to pay $100,000, respectively. That included an associate managing director making off-channel comments about credit rating clients. “Moody’s is fully committed to upholding our regulatory record-keeping obligations, and we are pleased to put this matter behind us,” a Moody’s spokesperson said in a statement.
Persons: Demotech, ”, Sanjay Wadhwa, A.M, Demotech “, Fitch, México, “ Organizations: New, New York CNN, US Securities and Exchange, Moody’s Investor Services, Fitch, S.A, SEC, Services, P Global, CNN Locations: New York, SEC’s
☆ Codelco says reassessing mine costs, will maintain capex
  + stars: | 2023-10-06 | by ( Pratima Desai | Julian Luk | ) www.reuters.com   time to read: +2 min
LONDON (Reuters) - Chile’s Codelco, the world’s largest copper producer, is reassessing the cost structure at its mine projects, its chairman said on Friday, given recent overruns. FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. The company, which has some of the highest input costs for miners in Chile, said in July direct production costs during the first six months of the year jumped 41.3% to hit about $2.12 per pound, from $1.506 the year before. In response, Codelco said it had a solid financial position and broad access to financial markets. The South American country has the world’s largest lithium reserves.
Persons: Codelco, Ivan Alvarado, Maximo Pacheco, Pacheco, ” Pacheco, Alejandro Rivera, Rivera’s, Rodrigues, Blaine J, Maximo Pacheco’s Organizations: REUTERS, Reuters, London Metal Exchange, for Copper, Mining Studies, Moody’s Investor Services Locations: Santiago, Chile, London, China
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