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Lowers Outlook on Jefferies and Cantor | Standard & Poor's lowered its outlook on the Jefferies Group and Cantor Fitzgerald to negative from stable, saying the European debt crisis could weigh on their profits.
The panel plans to give banks until 2019 to adapt to new rules intended to make the financial sector more stable, saying an "extended implementation period would be appropriate".
Indeed, as if to bolster his case, Standard & Poor's today lowered its outlook on New York state bonds, to negative from stable, saying revenues and expenditures do not match up, and giving the governor more ammunition as he rails about the irresponsibility of the State Legislature's $92.8 billion budget.
But he insisted the nation's currency reserves were sufficient to keep the economy stable, saying the central bank should not "burn" its $419bn reserves.
Underscoring the financial risks that heavily indebted Italy faces, Moody's changed its outlook on the country's bond rating to negative from stable, saying prospects for much-needed economic reform had shrunk after Italians rejected Renzi's proposals to revise the constitution and streamline parliament.
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"He is critical but stable," said a hospital spokeswoman, Maria Gallegos.
"We're a blue-collar stable," said Jeanne Ruh, officer manager and riding instructor.
"Our prices must get better and be more stable," said Clarke.
The company is relatively stable, said Mr. Collins, 46, a pharmacy clerk.
By high-technology standards, Mercury's leadership has been relatively stable, said Mr. Berquist of Goldman , Sachs
"The key thing is the growth [here] has been stable," said Raoul Oberman, from McKinsey.
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