Moody's Cuts SunTrust Ratings On Higher Credit Costs – Wall Street Journal

by Roland on April 25, 2009

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 Moody's Cuts SunTrust Ratings On Higher Credit Costs   Wall Street Journal


As such, Moody's warned SunTrust's tangible common equity position could decline significantly when taking into account an increase in the ratings firm's loss expectations for commercial and residential real estate. TCE measures how much of a bank's
SunTrust Banks has big loss but beats forecasts Reuters
SunTrust posts loss for drop in goodwill Bizjournals.com
SunTrust Banks posts 1Q loss on one-time charge Forbes
Atlanta Journal Constitution - RTT News

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Shakeout Nears for Real Estate Firms – New York Times

22mall.2.190 Moody's Cuts SunTrust Ratings On Higher Credit Costs   Wall Street Journal
New York Times
 Moody's Cuts SunTrust Ratings On Higher Credit Costs   Wall Street Journal
Shakeout Nears for Real Estate Firms
New York Times, United States


By TERRY PRISTIN Though it came as no surprise to investors, the collapse of General Growth Properties, the nation's second-largest mall owner, has stirred new fears about a coming debacle in commercial real estate. The company, which owns 200 shopping


Local real estate market steady and ready – Tulsa World

 Moody's Cuts SunTrust Ratings On Higher Credit Costs   Wall Street Journal


By SHERYL CHINOWTH Business Viewpoint When the town you live in makes news in media streams such as Money magazine, Forbes magazine and MSN Real Estate Report as one of the best cities to live and invest in, you know you've made the right choice.
Keepin' It Real Estate: Beware The False Bottom in Housing Minyanville.com
Lessons from Toronto's Real Estate Crash Move Smartly
Report shows local real estate market more balanced in March Kawartha Media Group
all 11 news articles


Fed
&
#39;s Bear Losses Dominated by Commercial Real Estate – Bloomberg

 Moody's Cuts SunTrust Ratings On Higher Credit Costs   Wall Street Journal


It's just the tip of the iceberg when it comes to losses in the commercial real estate market, said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. Lenders were over-optimistic about tenant occupancy rates


Real estate slump hits luxury condos – Boston Globe

 Moody's Cuts SunTrust Ratings On Higher Credit Costs   Wall Street Journal
Real estate slump hits luxury condos
Boston Globe, United States


"The numbers on the high end came to a screeching stop after the financial crisis hit," said Kevin Ahearn, president of Otis & Ahearn, a residential brokerage and marketing company that specializes in Boston luxury real estate.


Barry Real Estate to develop Cincinnati FBI office – Bizjournals.com

 Moody's Cuts SunTrust Ratings On Higher Credit Costs   Wall Street Journal


The FBI had previously announced that it had chosen the site of the former Harley Hotel, at Montgomery Road and Interstate 71, for its new office. The agency has been in the Peck Federal Building downtown since the 1960s, according to a news release.
FBI Planning Move To New Office WCPO
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