LONDON (MarketWatch) -- UBS on Monday raised its rating on German engineering giant Siemens AG to buy from neutral and lifted its price target to 85 euros from 80 euros, citing the company's low valuation and its potential to release cash from working capital. The broker also noted that Siemens seems to be leaving behind the habit of taking large charges. Market Pulse Stories are Rapid-fire ...

RAM Rating Services Bhd has reaffirmed the respective 'AA2(s)' and 'P1' ratings of Pharmaniaga Bhd's RM60 million Islamic medium-term notes programme (2005/2010) and RM40 million Islamic commercial papers programme (2005/2012) with a stable outlook. In a statement here today, RAM said the ratings were supported by the firm's exclusive rights to buy, store and distribute certain pharmaceutical ...

BELTON — A local contracting company has received the lowest rating possible from the Austin-based Better Business Bureau of Central, Coastal and Southwest Texas.

Standard & Poor's Ratings Services is today signalling a possible downgrade of Christchurch City Council's credit rating in the wake of Saturday's earthquake.The credit rating company has placed its AA plus credit rating on Christchurch...

Standard&Poor's Ratings Services is today signalling a possible downgrade of Christchurch City Council's credit rating in the wake of Saturday's earthquake. The credit rating company has placed its AA plus credit rating on Christchurch City Council and subsidiary Christchurch City Holdings Ltd on credit watch with negative implications. It said any rating action would not likely exceed one notch ...