Moody’s Downgrades Berkshire Hathaway
So much for the conspiracy theories! Moody's, which is 20% owned by Berkshire Hathaway, today downgraded the long term issuer rating of Berkshire two notches fromAaa to Aa2, and the Issuer Financial Strength (IFS) rating of most of the insurance ...
Berkshire Faces Higher Financing Costs
Earlier this month, Fitch Ratings downgraded Berkshire Hathaway's credit rating on unsecured debt from AAA to AA+. Earlier this week, Standard and Poor's lowered its outlook on Berkshire Hathaway from stable to negative. The result appears to be at least ...
S&P Issues Negative Outlook on Berkshire
In a widely anticipated move, Standard & Poor's today revised its outlook on Berkshire Hathaway from stable to negative. Standard & Poor's reaffirmed Berkshire's AAA rating for now. This action follows the March 13 downgrade of Berkshire by Fitch Ratings ...
Fitch Downgrades Berkshire Hathaway
Fitch Ratings has downgraded Berkshire Hathaway's issuer default rating to AA+ from AAA and downgraded Berkshire's senior unsecured debt rating to AA from AAA. Read this post for more details and an evaluation of whether the downgrade is warranted ...