business - "credit"

Some investors and strategists, anxious to put the devastation of the credit crisis behind them, hope the market's recent entry into bear territory signals the worst is almost over for U.S. stocks.

SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Friday lowered the corporate family and probability of default ratings of United Airline's parent UAL Corp. to Caa1 from B2 and its secured bank debt rating to B3 from B1. 'These rating actions reflect the prospects of a weakening financial profile for United and the rest of the airline industry in the face of persistently elevated fuel prices, as well as potential revenue pressure as the domestic economy weakens,' said Moody's in a statement. The outlook is negative. Caa-level credit rating is non-investment grade and is normally viewed as poor quality.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

NEW YORK (Reuters) - Citigroup Inc posted a smaller-than-expected quarterly loss, despite $11.7 billion of write-downs and credit losses tied to deteriorating capital markets and a slumping economy.

How universities and alumni associations profit by marketing undergrads to financial giants—like Bank of America

Citigroup Inc posted a smaller-than-expected quarterly loss, despite $11.7 billion of write-downs and credit losses tied to deteriorating capital markets and a slumping economy.

In today's economic climate, many Americans are finding it more difficult to obtain mortgages. Ken Wade, CEO of NeighborWorks America, points to fewer low down-payment mortgage programs and piggyback loans, as well as higher credit score requirements.

GREAT NECK, NY (MARKET WIRE) F&D reports (an Information Clearinghouse, Inc. Company) has been cited as the preferred 'second source' in the ever-increasing credit reporting industry listed behind leader D&B, according to a credit Today survey of users published in its June issue.

Buying or selling a business presents taxpayers with a number of tax planning opportunities and pitfalls. Quite a bit has been written about these opportunities and pitfalls. Very little has been written about the opportunities and pitfalls associated with the research and development tax credit.

Citigroup has taken a further $7.2 billion hit from the credit crunch in the second quarter, pushing the US investment bank giant into an overall loss of $2.5 billion for the period.$

The turmoil in the financial sector, compounded by the troubles of Fannie Mae and Freddie Mac, has made getting a mortgage these days tougher than it has been in decades. Squeamish lenders, with plenty of potentially poor-performing loans already on their books, are not about to take any chances in extending credit today, especially with home prices soft in so many cities.