Author name: Stocktok

Moody’s revises Kenya’s ratings to ‘positive’ on potential liquidity risks easing By Reuters

(Reuters) – Global ratings agency Moody’s (NYSE:) revised Kenya’s outlook to “positive” from “negative” on Friday, citing a potential ease in liquidity risks and improving debt affordability over time. The East-African country has been struggling with heavy debt and looking for new financing lines since last year due to nationwide protests against proposed tax increases. […]

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Moody’s raises Argentina’s rating for the first time in five years By Reuters

(Reuters) – Ratings agency Moody’s (NYSE:) on Friday raised Argentina’s long-term foreign currency sovereign credit rating to “Caa3” from “Ca”, citing the government’s forceful policy shift that has helped address economic challenges and stabilize external finances. Argentina achieved a record $18.9 billion trade surplus in 2024, according to official data released on Monday, which largely

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Schwab’s general counsel Morgan sells $1.18 million in stock By Investing.com

Morgan Peter J. III, the General Counsel of Schwab Charles Corp (NYSE:), has recently sold a significant block of company stock. The transaction comes as Schwab’s shares trade near their 52-week high of $83.35, having gained over 28% in the past six months. According to InvestingPro analysis, the company’s stock currently shows potential for further

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