- Energy Sector Wrap @ Fox Business - 22 hours ago
During trading today, the Energy sector (XLE) showed little change while the S&P 500 fell 0.3%.
- Consumer/Non-Cyclical Sector Wrap @ Fox Business - 22 hours ago
During trading today, the Consumer/Non-Cyclical sector (XLP) showed little change while the S&P 500 fell 0.3%.
- Euro Steady despite S&P Downgraded 5 Spanish Banks to Junk DailyFX - 22 hours ago
Euro Steady despite S&P Downgraded 5 Spanish Banks to Junk
- S&P downgrades Spanish banks with Miami affiliates @ Business Journals - Fri, May 25, 2012 3:06 PM EDT
S&P downgrades Spanish banks with Miami affiliates
- S&P downgrades Bankia, Banco Popular to junk @ MarketWatch - Fri, May 25, 2012 2:53 PM EDT
NEW YORK (MarketWatch) -- Standard & Poor's Ratings Services on Friday cut several Spanish banks to junk status, citing concerns about the country's economy and current risks in the banking sector. Bankia ...
- TECT-Fitch cuts 3 classes of GMAC 2001-C2 @ Reuters - Fri, May 25, 2012 2:36 PM EDT
May 25 - Fitch Ratings has downgraded and removed from Rating Watch Negativethree classes of GMAC Commercial Mortgage Securities, Inc.'s mortgagepass-through certificates, series 2001-C2. In addition, ...
- TEXT-Fitch expects to rate Banco Pine notes 'BB(exp)' @ Reuters - Fri, May 25, 2012 2:30 PM EDT
May 25 () - Fitch Ratings expects to assign a 'BB(exp)' rating to Banco PineS.A.'s (Pine) upcoming issue of Swiss franc denominated (CHF) seniorunsecured notes with a maturity of two and a half years (30 ...
- WRAPUP 1-Bankia, Catalonia pile on Spanish debt worries @ Reuters - Fri, May 25, 2012 1:36 PM EDT
* Catalonia pressures for debt backing* Cost rises on Bankia rescue bill* S&P cuts rating on Bankia, othersBy Fiona Ortiz and Carlos RuanoMADRID, May 25 (Reuters) - Financial troubles at a bigSpanish bank ...
- TEXTF-Fitch takes rating actions on Foncaixa FTGENCAT 3 & 4 FTA @ Reuters - Fri, May 25, 2012 12:29 PM EDT
May 25 - Fitch Ratings has taken rating actions on Foncaixa FTGENCAT 3 FTAand Foncaixa FTGENCAT 4 FTA as follows:Foncaixa FTGENCAT 3 FTA:EUR161.4m class A(G) notes (ISIN ES0337937017): 'AAsf', maintained ...
- HomeObligorsMortgage/BRIEF (URGENT) @ Reuters - Fri, May 25, 2012 12:24 PM EDT
May 25 (Reuters) - Home Obligors Mortgage Enhanced Securities Proprietary Limited: * Fitch: no rating actions on homes following notification of understatement inarrears
- TEXT-Fitch raises Sabesp IDR to 'BB+' from 'BB' @ Reuters - Fri, May 25, 2012 11:58 AM EDT
May 25 - Fitch Ratings has upgraded the ratings of Companhia de SaneamentoBasico do Estado de Sao Paulo (Sabesp) as follows:--Local Currency long-term Issuer Default Rating (IDR) to 'BB+' from 'BB';--Foreign ...
- TEXT-Fitch affirms Goldman Sachs Financial Square Prime Obligations Fund @ Reuters - Fri, May 25, 2012 11:43 AM EDT
May 25 - Fitch Ratings affirms the 'AAAmmf' rating assigned to the GoldmanSachs Financial Square Prime Obligations Fund, a money market fund managed byGoldman Sachs Asset Management, L.P. (GSAM).KEY RATING ...
- TEXT-Fitch cuts Iberdrola USA rating, affirms subsidiaries @ Reuters - Fri, May 25, 2012 10:24 AM EDT
May 25 - Fitch Ratings has downgraded the Issuer Default Rating (IDR) forIberdrola USA, Inc. (IUSA) to 'BBB' from 'BBB+' and concurrently assigned asenior unsecured debt rating of 'BBB'. In addition, Fitch ...
- TEXT-Fitch: Megasoft Ltd downgraded to 'Fitch BBB(ind)' @ Reuters - Fri, May 25, 2012 9:43 AM EDT
May 25 - Fitch Ratings has downgraded India-based Megasoft Limited's National Long-Term Rating to 'Fitch BBB(ind)' from 'Fitch BBB+(ind)'.The Outlook is Negative. A list of additional rating actions is ...
- TABLE-Long-term credit ratings for Kazakhstan banks @ Reuters - Fri, May 25, 2012 1:37 AM EDT
May 25 (Reuters) - Following are long-term credit ratingsfor Kazakhstan's major banks as defined by international ratingsagencies Standard & Poor's (S&P), Moody's and Fitch. Outlook in parentheses: positive ...
- Fitch lowers Seacor's outlook to 'negative' AP - Thu, May 24, 2012 5:49 PM EDT
Fitch Ratings lowered its rating outlook on Seacor Holdings Inc., a provider of offshore-drilling services, to "negative" from "stable" on Thursday.The rating agency said an industry ...
- TEXT-Fitch revises Newfield Exploration outlook to stable from positive @ Reuters - Thu, May 24, 2012 4:46 PM EDT
May 24 - Fitch Ratings has revised Newfield Exploration Company's (Newfield) Rating Outlook to Stable from Positive. In addition, Fitch affirmedNewfield's Issuer Default Rating (IDR) at 'BB+' and the rating ...
- MEMC: S&P Downgrades To Junk As Solar Sector Crumbles @ Forbes - Thu, May 24, 2012 4:42 PM EDT
In the latest sign of the depths of trouble in the solar industry, Standard & Poor's today reduced its debt rating on MEMC Electronic Materials, which produces polysilicon for the chip and solar sectors and develops solar projects, to junk status. More specifically, S&P cut its rating on MEMC to B+ [...]
- TEXT-Fitch affirms Province of Quebec @ Reuters - Thu, May 24, 2012 2:18 PM EDT
(The following statement was released by the rating agency) May 24 - Fitch Ratings affirms the 'AA-' Long-term and 'F1+' Short-termratings on senior unsecured obligations of the Province of Quebec, Canada, ...
- TEXT-Fitch affirms FirstEnergy's utility subsidiaries ratings @ Reuters - Thu, May 24, 2012 1:20 PM EDT
May 24 - Fitch has affirmed the long-term ratings of the regulated electricutility subsidiaries of FirstEnergy Corp. (FE, Issuer Default Rating'BBB'; Outlook Negative by Fitch). A full list of ratings ...
- COF's Outlook Reiterated by Fitch Zacks - Thu, May 24, 2012 11:45 AM EDT
Following the successful completion of the acquisition of HSBC's U.S. credit card operations, Fitch affirmed all the ratings for Capital One.
- fitch affirms wafa gestion at 'M2+(MAR)' @ Reuters - Thu, May 24, 2012 11:10 AM EDT
May 24 - Fitch Ratings has affirmed Casablanca-based Wafa Gestion's NationalScale Asset Manager Rating at 'M2+(mar)'.KEY RATING DRIVERSThe affirmation recognises Wafa Gestion's long-established franchise ...
- Talking point: is yen still best haven? @ Financial Times - Thu, May 24, 2012 10:46 AM EDT
The Japanese yen wobbled this week following a credit rating downgrade from Fitch, but then recovered as the Bank of Japan failed to announce further easing measures. Can the Japanese currency now continue ...
- TEXT - Fitch affirms OJSC Novolipetsk Steel @ Reuters - Thu, May 24, 2012 10:15 AM EDT
(The following statement was released by the rating agency)May 24 - Fitch Ratings has affirmed OJSC Novolipetsk Steel's (NLMK)Long-term (LT) Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook. ...
- TEXT-Fitch rates United Technologies' proposed debt 'A' @ Reuters - Thu, May 24, 2012 10:09 AM EDT
May 24 - Fitch Ratings assigns a rating of 'A' to United TechnologiesCorporation's (UTC; NYSE: UTX) proposed issuance of approximately $10billion of senior unsecured notes. The notes will consist of maturities ...
- TEXT-Fitch rates Kristna Engineering Works at 'Fitch BB(ind)'/stable @ Reuters - Thu, May 24, 2012 7:58 AM EDT
(The following statement was released by the rating agency)May 24 - Fitch Ratings has assigned India's Kristna Engineering Works (KEW) a NationalLong-Term rating of 'Fitch BB(ind)' with Stable Outlook. ...
- TEXT-Fitch rates Vijai Bhavani Powertech at 'Fitch BB-(ind)'/stable @ Reuters - Thu, May 24, 2012 7:51 AM EDT
(The following statement was released by the rating agency)May 24 - Fitch Ratings has assigned India's Vijai Bhavani Power Tech Pvt Ltd (VB) a NationalLong-Term rating of 'Fitch BB-(ind)' with Stable Outlook. ...
- TEXT-Fitch affirmed Naga Limited at 'Fitch BBB-(ind)'; outlook stable @ Reuters - Thu, May 24, 2012 6:50 AM EDT
(The following statement was released by the rating agency)May 24 - Fitch Ratings has affirmed India-based Naga Limited's National Long-Term Rating at'Fitch BBB-(ind)'. The Outlook is Stable. A list of ...
- TEXT-Fitch revises National Development Bank's outlook to negative @ Reuters - Thu, May 24, 2012 4:31 AM EDT
(The following statement was released by the rating agency)May 24 - Fitch Ratings has revised National Development Bank PLC's (NDB) Outlook toNegative from Stable. Its National Long-Term rating has been ...
- TABLE-Long-term credit ratings for Kazakhstan banks @ Reuters - Thu, May 24, 2012 12:57 AM EDT
May 24 (Reuters) - Following are long-term credit ratingsfor Kazakhstan's major banks as defined by international ratingsagencies Standard & Poor's (S&P), Moody's and Fitch. Outlook in parentheses: positive ...
- TEXT: S&P Affirms Fortis Inc., Sub 'A-' Ratings; Off Watch @ Reuters - Wed, May 23, 2012 10:40 PM EDT
Overview-- We are affirming our ratings, including our 'A-'long-term corporate credit rating, on Fortis Inc. and subsidiaryFortisAlberta Inc.-- We are also removing the ratings from CreditWatch withnegative ...
- TEXT: S&P Rates BHP Billiton Finance Ltd.'s Euro2 Billion Issue 'A+' @ Reuters - Wed, May 23, 2012 10:33 PM EDT
MELBOURNE (Standard & Poor's) May 24, 2012--Standard &Poor's Ratings Services said today that it had assigned its 'A+'long-term credit rating to BHP Billiton Finance Ltd.'s drawdownfrom its existing EUR20 ...
- TEXT: S&P Upgrades Superior Energy Services To 'BBB-'; Outlook Stable @ Reuters - Wed, May 23, 2012 10:31 PM EDT
Overview-- U.S. oilfield service firm Superior Energy Services Inc.completed its acquisition of Complete Production Services in atransaction valued at about $2.9 billion.-- We are raising the corporate ...
- TEXT: S&P Rates AIG Senior Unsecured Notes 'A-' @ Reuters - Wed, May 23, 2012 10:27 PM EDT
NEW YORK (Standard & Poor's) May 23, 2012--Standard & Poor'sRatings Services said today that it has assigned its 'A-' seniorunsecured debt rating to American International Group Inc.'s(AIG; A-/Stable/A-2) ...
- TEXT: S&P Revises Thomson Reuters outlook to negative on performance @ Reuters - Wed, May 23, 2012 10:25 PM EDT
Overview-- We are revising our outlook on New York-basedinformation solutions provider Thomson Reuters Corp. to negativefrom stable due to the weaker-than-expected operatingperformance of the company's ...
- TEXT: S&P Revises Oil States International Otlk To Positive From Stable @ Reuters - Wed, May 23, 2012 9:35 PM EDT
Overview-- U.S. oilfield services company Oil States InternationalInc.'s credit metrics have improved since the Mac groupacquisition in late 2010 and we expect the company to continueto post strong operating ...
- Chesapeake's Overpaid Board Gets A Haircut; Fitch Downgrade Clouds Outlook @ Forbes - Wed, May 23, 2012 6:03 PM EDT
Chesapeake’s absolute necessity to monetize a sizable chunk of its assets to meet capital expenditures and debt repayments makes it even more vulnerable.
- Fitch affirms Avon Products ratings AP - Wed, May 23, 2012 5:23 PM EDT
Credit ratings agency Fitch Ratings on Wednesday said it is affirming its ratings of direct beauty products seller Avon Products Inc. and took the company off "Rating Watch Negative" after smaller ...
- TEXT-Fitch affirms Federated Student Finance Corp 2010A-1 notes @ Reuters - Wed, May 23, 2012 5:09 PM EDT
May 23 - Fitch Ratings affirms the senior student loan note issued byFederated Student Finance Corporation, series 2010A-1, at 'AAAsf'. The RatingOutlook, tied to the sovereign rating of the U.S. government, ...
- TEXT-Fitch affirms Class E of Lehman Brothers 1999-C1 @ Reuters - Wed, May 23, 2012 3:59 PM EDT
May 23 - Fitch Ratings affirms Lehman Brothers (LB) Commercial MortgageTrust, series 1999-C1 (LB 1999-C1) class E certificates at 'AAAsf'. The affirmation reflects high credit enhancement and defeased ...
- TEXT-Fitch raises 2 classes of MSDW 2001-TOP1 @ Reuters - Wed, May 23, 2012 3:41 PM EDT
May 23 - Fitch Ratings has upgraded two and affirmed six classes of MorganStanley Dean Witter Capital I Trust 2001-TOP1 (MSDW 2001-TOP1). A list of theratings follows at the end of this press release.The ...
- TEXT-Fitch cuts 10 classes of Bear Stearns 2004-PWR4 @ Reuters - Wed, May 23, 2012 2:25 PM EDT
May 23 - Fitch Ratings has downgraded 10 classes of Bear Stearns CommercialMortgage Securities Trust 2004-PWR4. A detailed list of rating actions followsthe end of the press release.The downgrades are ...
- Patriot Cut by S&P After Saying Still Talking to Banks @ Bloomberg - Wed, May 23, 2012 2:05 PM EDT
Patriot Cut by S&P After Saying Still Talking to Banks
- Suffolk County Debt Cut One Step by Fitch Over Liquidity @ Bloomberg - Wed, May 23, 2012 1:46 PM EDT
Suffolk County Debt Cut One Step by Fitch Over Liquidity
- TEXT-Fitch revises Angola's rtgs outlook to positive @ Reuters - Wed, May 23, 2012 9:40 AM EDT
May 23 - Fitch Ratings has revised the Outlooks on Angola's Long-termforeign and local currency Issuer Default Ratings (IDR) to Positive from Stableand affirmed both ratings at 'BB-'. Fitch has simultaneously ...
- TEXT-Fitch ups MMFSL DA Feb 2011-1's purchaser payouts @ Reuters - Wed, May 23, 2012 7:35 AM EDT
(The following statement was released by the rating agency)May 23 - Fitch Ratings has upgraded MMFSL DA Feb 2011-1's (an ABS transaction) purchaserpayouts as follows:INR2,540.2m purchaser payouts upgraded ...
- [video] Japan Downgraded on Spiraling Debt @ MarketWatch - Wed, May 23, 2012 6:13 AM EDT
Japan's spiraling debt problem was partially to blame for the country's sovereign-rating downgrade by Fitch. The WSJ's Deborah Kan speaks to Japan Deputy Bureau Chief William Sposato about what this means ...
- TEXT-Fitch revises ThyssenKrupp's otlk to neg from stbl @ Reuters - Wed, May 23, 2012 4:27 AM EDT
(The following statement was released by the rating agency)May 23 - Fitch Ratings has revised the Outlook on ThyssenKrupp AG's (TK) Long-termIssuer Default Rating (IDR) to Negative from Stable and affirmed ...
- TEXT-Fitch takes rtg actions on Japanese insurers on sovereign downgrade @ Reuters - Wed, May 23, 2012 3:22 AM EDT
(The following statement was released by the rating agency)May 23 - Fitch Ratings has revised Nippon Life Insurance Co's (Nippon Life)Outlook to Stable from Positive and affirmed its Insurer Financial ...
- JGBs weaker; superlong tenors dip ahead of Thursday's 20-yr sale @ Reuters - Wed, May 23, 2012 2:56 AM EDT
* 10-yr yield touches 3-week high before paring losses* Market shrugs off Fitch downgrade, BOJ decision to standpat* Fair demand expected at 20-yr sale-strategistBy Lisa TwaroniteTOKYO, May 23 (Reuters) ...
