Recent

% | $
Quotes you view appear here for quick access.

Press Releases

  • FinancialNewsMedia.com continues its coverage for New Colombia Resources, Inc. . Stay informed on New Colombia developments by getting breaking news alerts delivered directly to your mobile phone by texting ...

  • Fitch Ratings has affirmed the notes issued by Latam Trust series 2007-105 , removed the Negative Watch status and assigned a Stable Outlook as follows:

  • Canadian Banks Receive Credit Rating Downgrades From Moody's Marketwire - Wed, Jan 30, 2013 8:20 AM EST

    Despite being ranked among the soundest in the world by the World Economic Forum, the long-term credit ratings of six Canadian banks were recently downgraded by Moody's Investors Service. Just last week, ...

  • Hastings Mutual Insurance Company, a regional Property Casualty insurance carrier serving six states in the Midwest, was again awarded an A+ financial strength rating from A.M. Best Company in 2012. This ...

  • Fitch Rates Tuscany's Proposed USD200MM Issuance at 'B+/RR4' Business Wire - Mon, Nov 19, 2012 5:04 PM EST

    Fitch Ratings has assigned a 'B+/RR4' to Tuscany International Drilling Inc.'s proposed USD200 million, seven-year senior unsecured notes, issuance. The 'RR4' Recovery Rating on the issuance reflects an average expected recovery in the event of default.

  • Fitch Affirms Nelnet Student Loan Trust 2010-2 Business Wire - Mon, Nov 19, 2012 3:51 PM EST

    Fitch Ratings has affirmed the student loan note issued by Nelnet Student Loan Trust 2010-2 at 'AAAsf.' The Rating Outlook, which is tied to the sovereign rating of the U.S. govern

  • Fitch Affirms Western Asset Liquid Reserves at 'AAAmmf' Business Wire - Mon, Nov 19, 2012 3:35 PM EST

    Fitch Ratings has affirmed the 'AAAmmf' rating of Western Asset Institutional Liquid Reserves, a U.S.-registered prime money market fund governed by Rule 2a-7 of the Investment Company Act of 1940, as amended, and managed by Legg Mason Partners Fund Advisor, LLC .

  • Fitch rates Discover Card Execution Note Trust, Class B :

  • Fitch Revises DDR's Outlook to Positive; Affirms IDR at 'BB+' Business Wire - Mon, Nov 19, 2012 8:40 AM EST

    Fitch Ratings has revised the Rating Outlook on DDR Corp. to Positive from Stable. In addition, Fitch affirmed the following credit ratings of DDR:

  • NEW YORK, NY-- - Fitch Ratings recently noted that U.S. life insurers have been pressured by historically low interest rates. Fitch Ratings in a recent release stated that "the impact of sustained ...

  • Nokia comments on S&P's credit rating announcement Marketwire - Wed, Aug 15, 2012 7:48 AM EDT

    ESPOO, FINLAND-- -Timo Ihamuotila, Nokia's Executive VicePresident and CFO,comments on today's rating decision from Standard & Poor's:"The impact of Standard & Poor's decision on the company is limited. ...

  • BMO: Keep a Strong Credit Rating to Avoid Your Own Debt Downgrade Marketwire - Mon, Aug 13, 2012 12:24 PM EDT

    TORONTO, ONTARIO-- - While global stock markets continue to be affected by uncertainty in Europe, last year in August the markets were contending with another challenge - S&P's downgrade of U.S. debt. ...

  • Nokia comments on Moody's credit rating announcement Marketwire - Mon, Jul 23, 2012 8:20 AM EDT

    ESPOO, FINLAND-- - Timo Ihamuotila, Nokia's Executive VicePresident and CFO,comments on today's rating decision from Moody's:"While we are disappointed with Moody's decision, its impact on the companyislimited. ...

  • TOPEKA, KS-- - Security Benefit Corporation, a leading provider of retirement savings and income vehicles throughout the nation, today announced it has received a financial strength ratings upgrade from ...

  • Nokia comments on Standard & Poor's credit rating announcement Marketwire - Fri, Apr 27, 2012 7:40 AM EDT

    ESPOO, FINLAND-- - Timo Ihamuotila, Nokia's Executive VicePresident and CFO,comments on today's rating announcement from Standard & Poor's:"As we have detailed in recent announcements, Nokia is in ...

  • Nokia comments on Fitch's credit rating announcement Marketwire - Tue, Apr 24, 2012 5:14 AM EDT

    ESPOO, FINLAND-- - Timo Ihamuotila, Nokia's Executive VicePresident and CFO,comments on today's unsolicited rating from Fitch:"We are quickly taking action to position Nokia for future growth andsuccess.Nokia ...

  • Woulfe Mining Corp. Moving Forward in South Korea Marketwire - Tue, Apr 17, 2012 9:00 AM EDT

    VANCOUVER, BRITISH COLUMBIA-- - Woulfe Mining Corp. update to shareholders. --  Feasibility study is on schedule for release on Tuesday 24th April 2012.--  Sangdong is in discussion with prospective banks to obtain project    financing. The debt financing is intended to provide all the necessary    capital through the production with no dilution to existing    shareholders.--  The detail design drawings for the process plant have been completed and    will be submitted to the appropriate Korean government authorities for    final construction approval.--  Woulfe welcomes Brian Burdett, Project Manager on site in Korea. Brian    is a Metallurgist by training with an extensive 47 years background in    tungsten and resources globally.--  Sangdong has paid its contribution for the installation of two 10MW    power feeds to the mine site from different regional substations to    allow for security of supply. The plan released by Korea Electric Power    Corporation indicates the installation of the first 10MW by October 2012    and the second 10MW by December 2012.--  Paste fill disposition and plant design was completed for reaching    feasibility. The paste filling is important as it disposes of all    tailings into the new and old voids behind mining of virgin blocks and    reclamation and stabilizes the mining areas which will be mined through    a cut and fill method.--  Resource drilling is continuing in the western block of the ore body    1200 metres on strike from the main mine entrance. The eastern area of    the upper section will be mined for the initial 12 years of operations.--  Moody's upgraded South Korea from A1 to AA3 credit rating this month.--  The ruling party in Korea has been re-elected with a vast majority in    congressional election held on the 1st April 2012. This is important for    Woulfe as the government departments have worked with the company to    move the project forward, visiting site and understanding all the    parameters of mining.Brian …

  • SYDNEY, AUSTRALIA-- - dealReporter, an actionable intelligence service providing price sensitive information for the equity and fixed income markets, today announces the launch of its Dividend Outlook ...

  • Challenging Economy Continues to Weigh on Mortgage Insurers Marketwire - Fri, Feb 3, 2012 8:20 AM EST

    NEW YORK, NY-- - Expectations for Mortgage Insurers remain poor in 2012 as significant weakness remains in the jobs and housing markets. In late January, S&P lowered its outlook on three mortgage insurers ...

  • NEW YORK, NY-- - Expectations for Mortgage Insurers remain poor in 2012 as significant weakness remains in the jobs and housing markets. In late January, S&P lowered its outlook on three mortgage insurers ...

  • Fitch Ratings has affirmed the 'AAA' rating assigned to the following preferred shares issued by Boulder Growth & Income Fund, Inc. , a leveraged equity closed-end f

  • Fitch has affirmed the 'AA-' rating on approximately $5.9 million of student health center revenue bonds issued by the Florida Board of Governors, on behalf of the University of Ce

  • NEW YORK, NY-- - Major Banking stocks from across the globe took a hit earlier this week after Standard & Poor's Ratings Services downgraded dozens of large financial institutions citing a new methodology ...

  • NEW YORK-- -- Fitch Ratings assigns a rating of 'A/F1', Stable Outlook to the $11,230,000 California Pollution Control Financing Authority, variable rate demand solid waste disposal revenue bonds series 2011A. The rating is based on the support provided by an irrevocable direct- pay letter of credit issued by Comerica Bank …

  • AUSTIN, Texas-- -- Fitch Ratings takes the following rating action on Palo Pinto County Municipal Water District No. 1, Texas : --$6.99 million revenue refunding bonds, series 2011 rated 'AA-'; --$6.99 million parity revenue bonds affirmed at 'AA-' . The bonds are scheduled for a negotiated sale the week of Oct. 17, 2011. …

  • Fitch Rates Charlotte, NC Airport Revs 'A+'; Outlook Stable Business Wire - Wed, Oct 12, 2011 2:42 PM EDT

    NEW YORK-- -- Fitch Ratings assigns an 'A+' rating to Charlotte, North Carolina's $76 million series 2011A senior lien fixed-rate airport revenue bonds and $36 million series 2011B senior lien fixed rate airport revenue bonds and affirms the airport's $547 million senior lien general airport revenue bonds at 'A+'. The Rating …

  • CHICAGO-- -- As part of its ongoing surveillance efforts, Fitch Ratings has affirmed at 'BBB-' the following Industrial Development Authority of Saline County, Missouri bonds, issued on behalf of John Fitzgibbon Memorial Hospital : --$12.4 million hospital refunding revenue bonds, series 2010; --$9.1 million hospital revenue …

  • Fitch Affirms Arcor S.A.I.C.'s Notes at 'B+/RR4'; Outlook Stable Business Wire - Wed, Oct 12, 2011 2:20 PM EDT

    BUENOS AIRES, Argentina-- -- Fitch Ratings has affirmed the following ratings of Arcor S.A.I.C. : --Foreign currency Issuer Default Rating at 'B+'; --Local currency IDR at 'BB-'; --USD200 million senior unsecured notes due 2017 at 'B+/RR4'; --National scale rating at 'AA+ '; --USD200 million senior unsecured notes due 2017 …

  • NEW YORK-- -- Fitch Ratings affirms the 'A+' rating on the outstanding $100.6 million United Nations Development Corporation's 2009 refunding bonds, series A. The proceeds of the 2009 refunding bonds were used to refund all outstanding 2004 refunding bonds. The Rating Outlook is Stable. The assignment of the 'A+' rating …

  • Fitch: LTC Results Remain a Drag on U.S. Life Insurers Business Wire - Wed, Oct 12, 2011 1:53 PM EDT

    CHICAGO-- -- The U.S. long-term care insurance market continues to be plagued by adverse claims experience and poor overall results, which has led to rate instability, insurer solvency concerns, and market exits by several major insurers, according to Fitch Ratings in a new report. Based on Fitch's analysis of recent statutory …

  • Fitch Rates Kohl's Note Issuance 'BBB+'; Outlook Stable Business Wire - Wed, Oct 12, 2011 1:18 PM EDT

    NEW YORK-- -- Fitch Ratings has assigned a rating of 'BBB+' to Kohl's Corporation's $650 million 10-year unsecured notes. The Rating Outlook is Stable. Proceeds from the offering will be used for general corporate purposes and to retire $100 million 7.375% notes due October 2011. A full ratings list is shown below. The …

  • Fitch Rates Venezuela's Foreign Currency Bond Issuance 'B+' Business Wire - Wed, Oct 12, 2011 1:09 PM EDT

    NEW YORK-- -- Fitch Ratings has assigned a long-term foreign currency rating of 'B+' to the Bolivarian Republic of Venezuela USD3,000 million Global bond maturing in 2026. The rating is in line with Venezuela's foreign currency Issuer Default Rating . Venezuela's ratings are underpinned by its manageable debt service profile, …

  • Fitch Rates Mississippi Power's Senior Notes 'A+' Business Wire - Wed, Oct 12, 2011 12:49 PM EDT

    NEW YORK-- -- Fitch Ratings has assigned its 'A+' rating to $300 million senior notes issued by Mississippi Power Company , including $150 million of 2.386% notes due Oct. 15, 2016 and $150 million of 4.755% notes due Oct. 15, 2041. The Rating Outlook is Stable. The expected use of proceeds is to fund the purchase of Plant …

  • Fitch Rates Time Warner's Proposed Notes 'BBB' Business Wire - Wed, Oct 12, 2011 12:15 PM EDT

    NEW YORK-- -- Fitch Ratings has assigned a 'BBB' rating to Time Warner Inc.'s proposed issuance of benchmark 10- and 30-year notes and debentures. TWX's ratings are as follows: Time Warner Inc.--Long-term Issuer Default Rating at 'BBB';--Short-term IDR at 'F2';--Senior unsecured revolving credit facility at 'BBB';--Senior …

  • Fitch Rates Bloomington, MN's GOs 'AAA'; Outlook Stable Business Wire - Wed, Oct 12, 2011 12:13 PM EDT

    NEW YORK-- -- Fitch Ratings assigns an 'AAA' rating to the following Bloomington, MN general obligation bonds: --$7.585 million GO permanent improvement revolving fund bonds of 2011, series 45; --$2.18 million GO permanent improvement revolving fund refunding bonds, series 2011A; --$3.125 million taxable GO tax increment …

  • A.M. Best Affirms Ratings of Americo Life, Inc. and Its Subsidiaries Business Wire - Wed, Oct 12, 2011 11:54 AM EDT

    OLDWICK, N.J.-- -- A.M. Best Co. has affirmed the financial strength rating of A- and the issuer credit rating of “a-” of Americo Financial Life and Annuity Insurance Company . Concurrently, A.M. Best has affirmed the FSRs of B+ and the ICRs of “bbb-” of AFL’s key life/health affiliates. Additionally, A.M. Best has affirmed …

  • Fitch Upgrades Johnson County, TX GO Bonds to 'AA+'; Outlook Stable Business Wire - Wed, Oct 12, 2011 11:43 AM EDT

    AUSTIN, Texas-- -- Fitch Ratings assigns an 'AA+' rating to the following Johnson County, Texas general obligation bonds: --$6.405 million GO refunding, series 2011. The bonds are expected to sell via negotiation on Oct. 24, 2011. Proceeds will be used to refund a portion of the county's outstanding obligations. In addition, …

  • NEW YORK-- -- Fitch Ratings affirms the 'AA' rating on the Department of Airports of the City of Los Angeles , Los Angeles International Airport's outstanding $2.75 billion senior revenue bonds and the 'AA-' rating on LAX's $795 million of outstanding subordinate revenue bonds. The Rating Outlook for all bonds is Negative. …

  • OLDWICK, N.J.-- -- A.M. Best Co. has affirmed the financial strength rating of A and issuer credit ratings of “a” of Aspen Specialty Insurance Company and Aspen American Insurance Company . Both companies are wholly owned subsidiaries of their ultimate parent, Aspen Insurance Holdings Limited [NYSE: AHL]. The outlook for …

  • LONDON-- -- A.M. Best Europe – Ratings Services Limited has affirmed the financial strength ratings of A and the issuer credit ratings of “a” of Aspen Insurance UK Limited and Aspen Insurance Limited . A.M. Best has also affirmed the ICR of “bbb” and the debt ratings of Aspen Insurance Holdings Limited [NYSE: AHL], the …

  • Fitch Affirms Merck & Co, Inc.'s IDR at 'A+'; Outlook Stable Business Wire - Wed, Oct 12, 2011 11:16 AM EDT

    CHICAGO-- -- Fitch Ratings has affirmed Merck & Co., Inc.'s ratings as follows: --Long-term Issuer Default Rating at 'A+'; --Senior unsecured debt rating at 'A+'; --Bank loan rating at 'A+'; --Short-term IDR at 'F1'; --Commercial paper rating at 'F1'. The ratings apply to approximately $18.3 billion of debt. The Rating …

  • NEW YORK-- -- Fitch Ratings assigns an 'AA-' rating to approximately $4.59 million of Amarillo Junior College District's series 2011 revenue bonds. The Rating Outlook is Stable. SECURITY The series 2011 bonds are secured by and payable from the pledged revenues of Amarillo College, which are required to cover maximum annual …

  • NEW YORK-- -- Fitch Ratings assigns an 'AA+' rating to the following series of bonds issued by the Regents of the University of Colorado : --$244.15 million university enterprise revenue bonds, series 2011A; --$42.36 million university enterprise refunding revenue bonds, series 2011B. The fixed-rate series 2011A and B bonds …

  • AUSTIN-- -- Fitch Ratings affirms the following Santa Fe, New Mexico's outstanding revenue bonds: --$105.3 million in outstanding water utility system/capital outlay gross receipts tax revenue bonds at 'AAA'. The Rating Outlook is Stable. SECURITY The bonds are secured by a pledge of net system revenues and capital outlay …

  • OLDWICK, N.J.-- -- A.M. Best Co. has upgraded the financial strength rating to A++ from A+ and the issuer credit ratings to “aa+” from “aa-” of The Hartford Steam Boiler Group and its members. The outlook for all ratings is stable. HSB’s rating upgrades places it in line with its stand alone ratings and recognizes the benefits …

  • OLDWICK, N.J.-- -- A.M. Best Co. has upgraded the financial strength rating to A from A- and issuer credit rating to “a+” from “a-” of North Pointe Insurance Company . A.M. Best also has affirmed the FSR of A and ICRs of “a+” of QBE Regional Insurance Group and its members. Concurrently, A.M. Best has affirmed the FSR of …

  • LONDON-- -- A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of A and the issuer credit ratings of “a+” of QBE Insurance Limited , QBE Insurance Limited and QBE Reinsurance Limited . These companies are key operating subsidiaries of QBE Insurance Group Limited , the non-operating holding …

  • SAN SALVADOR, El Salvador & NEW YORK-- -- Fitch Ratings has revised the Rating Outlook on the Guatemalan Banco Industrial's long-term Issuer Default Rating to Stable from Positive. A full list of BI's rating actions follow at the end of this press release. The Outlook revision is based on Fitch's view that BI's capital …

  • NEW YORK-- -- Fitch Ratings has assigned an 'A+' rating to the following St. Lucie County School Board, Florida bonds: --$14.1 million refunding certificates of participation , series 2011B. In addition, Fitch affirms the following ratings: --$118 million outstanding sales tax revenue bonds at 'A'; --$183 million outstanding …

  • CHICAGO-- -- Fitch Ratings has taken the following rating actions on Peachtree Franchise Loan Notes, series 1999-A: --Class A-2 affirmed at 'BBBsf'; Outlook Stable; --Class B affirmed at 'Bsf'; Outlook Stable; --Class C affirmed 'Dsf'; Recovery Rating revised to 'RR3' from 'RR4'; --Classes D and E affirmed at 'Dsf/RR6'. …

Next >>