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UPDATE 1-S&P cuts Chicago Board of Education's GO rating to 'BBB'

CHICAGO, July 2 (Reuters)- Standard& Poor's Ratings Services on Thursday dropped the credit rating for the Chicago Board of Education two notches to BBB, warning the rating could fall further if the financially troubled school district does not produce a "credible" budget. Reaction to the downgrade from the Chicago Public Schools (CPS) and Chicago Mayor Rahm...
Source: Reuters | By: other agencies, budget status)
S&P downgrades Chicago Board of Education's GO debt rating to 'BBB'

July 2- Standard& Poor's Ratings Service lowered its rating on the Chicago Board of Education's general obligation bonds to' BBB' from' A minus', citing the board's "structural imbalance." The rating agency said the downgrade reflects its view of the challenges facing the board to maintain sufficient liquidity. S&P also placed the Board on CreditWatch with...
Source: Reuters
S&P lifts rating of California debt

S&P upgraded California's general obligation debt on Thursday to "AA-" from "A+," marking another sign of the state's financial recovery.
Source: Reuters
S&P lifts rating of California debt, signaling fiscal health

SAN FRANCISCO, July 2- Standard& Poor's Rating Agency upgraded California's general obligation debt on Thursday to "AA-" from "A+," marking another sign of the state's financial recovery. S&P credit analyst Gabriel Petek cited California's newly enacted budget, "which, in our view, marks another step forward in the state's journey toward improved fiscal...
Source: Reuters | By: Robin Respaut
UPDATE 1-General Motors credit ratings raised to 'BBB-' by Fitch

June 18- General Motors Co said on Thursday that Fitch Ratings had raised the credit ratings of both GM and GM Financial to investment grade. The new ratings are' BBB negative' with a stable outlook, GM said. Fitch, the last of the three major ratings agencies to bring GM's credit ratings to investment grade, cited a "fundamental improvement" in the company's core...
Source: Reuters
General Motors credit ratings raised to 'BBB-' by Fitch

June 18- General Motors Co said on Thursday that Fitch Ratings raised the credit ratings of both GM and GM Financial to investment grade.
Source: Reuters
UPDATE 2-S&P cuts Noble Group outlook to 'negative', cites trading risk

SINGAPORE, June 11- Credit rating agency Standard& Poor's has cut its outlook on Singapore- listed commodities trader Noble Group Ltd to' negative' from' stable', saying it expects higher earnings volatility. The move marks the latest problem for the embattled commodity trader, which has seen its shares dive as much as 48 percent since mid-February after...
Source: Reuters | By: Anshuman Daga and Rujun Shen
S&P lowers ratings of Barclays, Deutsche and RBS

Ratings agency Standard & Poor's downgraded several U.K. and German banks, including Deutsche Bank and Barclays.
Source: Reuters