Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

U.S. Day Ahead: Wall St. titans see ratings chop

Thursday, June 21, 2012 - 02:17

June 21 - Moody's has downgraded Wall Street's top five financials and other European giants. Morgan Stanley was hit hard, but shares are up in after hours.

▲ Hide Transcript

View Transcript

So what do all these guys having common. They're banks' ratings just got chops. These how Wall Street's top five financial titans and very European giant agency is concerned about risk regulation and cost. Morgan Stanley was hit hard losing to not to is still its shares were up after hours as the news wasn't as bad as expected -- other competitors are down. But material impact of all this is still unclear costs for the banks aren't likely to -- and they're trading partners may ask for more collateral. Also expect volatile trade given Wall -- meeting on Thursday. On Friday that Russell indexes go through their annual rebalancing. The process involve billions of dollars of trains being executed all ones at that Russell is -- to reflect the broader economy. But things could get heated given the market's recent volatility and the problems surrounding Facebook's IPO. We'll find out if cruises are still the way to go and carnival reports. Its results. The company is facing choppy waters right now still facing the facts of this thinking of that Costa Concordia ship in January. I'm going debt crisis in Europe is not helping either kind of get about 40% of its revenues from there. One bright spots falling fuel prices could help the company's bottom line. Clark Kent can eat bread sticks you and salads take you well if you're all are in owner Darden pretty -- are. Investors hope the company will sell it has found the right recipe for bringing financially strapped diners into its restaurants when it reports results. All of garden generates almost half of darden's revenue. If you wanna travel green you may need a lot of green. Tough love -- makes the first deliveries. It's all electric mid sized model at -- and to customers Friday. The vehicle is designed to be more mainstream and it's sports car if price is up to 100 Kate top speed about 130 miles per hour. We just have to wait. Here from the customers when it finally get their hands on it. Our coverage be sure to follow us on Twitter at greater than that also check out our YouTube channel at -- dot com. Spot where -- CB Anthony mom this is raiders.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Day Ahead: Wall St. titans see ratings chop

Thursday, June 21, 2012 - 02:17