But it shook the confidence of the financial industry.Within minutes after trading began on Wall Street, JPMorgan...
"For Southern Europe, I hope for further structural reforms, not just saving programmes, but it's certainly a...
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Ratings has assigned the following ratings to general obligations issued by Suffolk County, NY: The bonds are expected to be sold via competitive bid June 6. Proceeds of the bonds will be used for capital projects. In addition, Fitch has taken the... Full Article at iStockAnalyst
YORK--(BUSINESS WIRE)--Fitch Ratings withdraws its 'F1+' credit enhanced (CE) rating on the Maryland Stadium Authority (MD) Sports Facilities Lease Revenue Refunding Bonds Series 1999. The liquidity facility was terminated on Dec. 21, 2011. Additional... Full Article at Business Wire
A file picture shows the entrance of Fitch ratings agency on August 8, 2011 in Paris. Fitch Ratings on May 17, 2012 slashed Greece's credit rating to CCC 'vulnerable to default' over the increased risk that the country would be forced to leave the... View Photo »
Fitch Ratings downgraded its credit rating on Nokia Oyj to junk status and said the outlook remained negative, as the Finnish handset maker’s dwindling market share starts to strain its cash position
YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to general obligations issued by Suffolk County, NY: The bonds are expected to be sold via competitive bid June 6. Proceeds of the bonds will be used for capital projects. In... Full Article at Business Wire
Cass covenants to provide audited financial statements within 150 days after the year-end close and quarterly disclosure within 45 days of quarter close to the municipal securities rulemaking board's EMMA system. Additional information is available at... Full Article at Business Wire
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to McDonald's (NYSE: MCD) proposed $750 million issuance of three-year and seven-year senior unsecured notes. At March 31, 2012, M... more » NEW YORK--(BUSINESS WIRE)--The rating action... Full Article at Business Wire
UTICA, NY - MAY 15: Veterans use computers to update their resumes and to search for work at the Hiring Our Heroes Veterans/Military job fair on May 15, 2012 in Utica, New York. Like many upstate New York communities, Utica is struggling to make the... View Photo »
Investors in the credit markets are showing a greater wariness of Francois Hollande winning the French presidency than Vladimir Putin defying protesters to return to the Kremlin. The cost of insuring Russia's debt has dropped 76 to 199 bps this year, two bps below France, which is rated eight levels hig...
Ratings on Wednesday revised its sovereign credit outlook on oil-producer Angola to positive from stable, citing better understanding of the commodity price cycle and more prudent monetary and fiscal policymaking. In addition, Fitch affirmed the current... Full Article at Independent Online (South Africa)
Fitch believes McDonald's will continue to outperform peers, despite high global unemployment, a competitive environment in the U.S. , and worsening economic conditions throughout much of Europe. Fitch currently rates McDonald's debt as follows:... Full Article at Business Wire
23 - Fitch Ratings has affirmed Eurco Re Limited's Insurer Financial Strength (IFS) Rating at 'BBB'. The Outlook is Stable. The rating rationale is based on Fitch's opinion that Eurco Re would, if needed, receive support from its immediate parent, Dexia... Full Article at Reuters Mobile
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Fitch Ratings downgraded its credit rating on Nokia Oyj to junk status and said the outlook remained negative, as the Finnish handset maker’s dwindling market share starts to strain its cash position
Investors in the credit markets are showing a greater wariness of Francois Hollande winning the French presidency than Vladimir Putin defying protesters to return to the Kremlin. The cost of insuring Russia's debt has dropped 76 to 199 bps this year, two bps below France, which is rated eight levels hig...
Las Vegas's credit outlook was lowered to negative from stable on $561.2 million of debt by Fitch Ratings, which cited budget deficits and the lingering housing crisis.
ITNL Offshore Pte Ltd, a wholly owned subsidiary of the company in Singapore, has mandated Deutsche Bank AG, Royal Bank of Scotland PLC and UBS AG to act as joint lead managers for a Reg S CNH bond offering which is expected to be rated BBB- from Fitch Ratings Ltd
All bodes well for consumer spending, with overseas Filipino remittances reaching an all-time high of $20.1 billion in 2011, Philippine banks being given a stable outlook by Fitch Ratings last February 2, inflation at a low point of 2.7%, and an additional 25 basis point reduction of the BSP key policy ...
Fitch Ratings has downgraded Greece's Long-term foreign and local currency Issuer Default Ratings (IDRs) to 'RD' ('Restricted Default') from 'C' following today's confirmation from the Greek government and eurozone officials that the exchange of Greek government bonds will proceed
Fitch Ratings is closely monitoring how quickly the new government will act to reform the Russian economy and hasten fiscal consolidation
Following the expected victory of Vladimir Putin in Sunday's presidential elections, Fitch Ratings is closely monitoring how quickly the new government will act to reform the Russian economy and hasten fiscal consolidation
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Fitch ratings has downgraded 11 and affirmed two tranches of three BBVA RMBS transactions.
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