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Moody's issues credit warning on Nokia

Moody's Investors Services says Nokia Corp.'s second quarter earnings are credit negative, citing a continued drop in sales.

Ratings agency Moody's upgrades its outlook for the US credit rating, citing a declining budget deficit and progress in economic growth for the move.

Ratings firm says Softbank investment will boost U.S. telco's ability to compete with AT&T, Verizon.

One of the better known investment rules of Mr. Buffett is to only invest in companies with sufficiently wide economic moats.

Credit ratings agency Moody's upgrades its outlook for the UK banking industry to stable from negative.

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