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bhp follows rio on iron ore settlements

bhp billiton ltd, the world's third-largest iron ore miner, has settled on a price for the steel-making commodity in line with that received by rival Rio Tinto Ltd.

a.m. best comments on unitedhealth group inc.'s Earnings Guidance and Settlements

a.m. best co. has commented that the ratings of unitedhealth group inc. (unitedhealth) (minnetonka, mn) (nyse: unh) and its subsidiaries remain unchanged following the company's release of a revision to earnings guidance and reduced second quarter and full year 2008 earnings. UnitedHealth also announced a settlement in the federal securities class action and Employee Retirement Income Security ...

cgfs calls for credit ratings change

investors must reduce their reliance on ratings agencies, according to a new report published by the bank of international settlements, which also calls for a change in the way the groups rate the structured products that have been at the heart of the sub-prime mortgage crisis.

s&p, moody's Must Be Clearer on Asset-Backed Ratings

july 4 (bloomberg) -- moody's Investors Service and Standard & Poor's must be clearer and more detailed in their ratings of asset-backed securities and the risks of underlying collateral, the bank for international settlements said today.

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