Shares of Marshall & Ilsley slip after Fitch places debt ratings on negative watchSeptember 2nd, 2009 Marshall & Ilsley shares down after Fitch watchNEW YORK — Shares of banking company Marshall & Ilsley Corp. were down Wednesday, after Fitch Ratings put the banking holding company's debt ratings on negative watch citing elevated loan losses.
Fitch reiterates Disney ratings after studio agrees to buy comic book company Marvel for $4BAugust 31st, 2009 Fitch reiterates Disney ratingsNEW YORK — Fitch Ratings reiterated its ratings for The Walt Disney Co. Monday in the wake of the company's announcement that it will buy Marvel Entertainment Inc.
Fitch says Boeing's production schedule for new 787 jet is 'negative' on credit ratingsAugust 28th, 2009 Fitch concerned by Boeing jet-production scheduleNEW YORK — Fitch Ratings said Thursday that Boeing Co.'s newest schedule for production of the fuel-efficient 787 jet is a negative factor for credit ratings. Fitch said Boeing had doubled debt levels in the past six months and its credit measurements were weak for the company's "A-plus" rating.
Fitch says notes offered by Yum Brands are a moderate default riskAugust 21st, 2009 Fitch gives Yum notes moderate ratingNEW YORK — Credit-ratings agency Fitch Ratings on Friday gave Taco Bell owner Yum Brands Inc. a BBB- rating on senior notes the company issued on Thursday, indicating a moderate default risk.
Fitch backs "BBB" senior debt rating for Marsh & McLennan citing improved flexibilityAugust 14th, 2009 Fitch affirms Marsh & McLennan credit ratingNEW YORK — Fitch Ratings on Friday affirmed its "BBB" senior debt rating for Marsh & McLennan Cos., saying that the insurance broker's financial flexibility has improved significantly over the past several years. The ratings service also affirmed Marsh & McLennan's long-term issuer default rating and short-term issuer default rating at "BBB" and "F2," respectively.
Fitch affirms ratings for Convergys, although outlook remains negativeAugust 10th, 2009 Fitch affirms ratings for ConvergysNEW YORK —Fitch Ratings said on Monday it was affirming several ratings for Convergys Corp. and removing it from Rating Watch Negative.
Fitch Ratings issues downgrades for Health Net on Pentagon's nonrenewal of key contractJuly 15th, 2009 Fitch downgrades Health Net RatingsNEW YORK — Fitch Ratings on Wednesday downgraded ratings for Health Net Inc. after the Pentagon decided not to renew a contract with the health insurance company.
Moody's cuts rating on Irish government debt amid worries over bank bailoutsJuly 2nd, 2009 Moody's downgrades Irish government debtLONDON — Ireland's debt rating was downgraded by Moody's on Thursday amid mounting worries about the country's public finances and the cost of the government's bailout of the banking system. The New York-based agency said it had lowered its rating by one notch to AA1 from the top AAA level and warned that another downgrade was possible.
Fitch raises Ventas Inc.'s investment-grade debt ratingsJuly 1st, 2009 Fitch lifts Ventas' investment-grade ratingsNEW YORK — Fitch Ratings on Wednesday raised the investment-grade ratings of Ventas Inc., citing steps the real estate investment trust has recently taken to shore up its capital position. The credit ratings agency upgraded its issuer default rating for Ventas and its subsidiaries to BBB from BBB-.
Fitch downgrades Comerica's investment-grade debt ratings, with negative outlookJuly 1st, 2009 Fitch downgrades Comerica debt ratingsNEW YORK — Fitch Ratings on Wednesday cut Comerica Inc.'s investment-grade debt ratings, saying the bank's profitability is increasingly threatened by higher credit costs and the recession. Fitch lowered its issuer default ratings on Comerica and its lead bank Comerica Bank one notch to A from A+, keeping the rating within investment-grade range.
Whitney Holding hit by Fitch Ratings downgradeJuly 1st, 2009 Whitney hit by Fitch Ratings downgradeNEW ORLEANS — Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate.
DCP Midstream debt ratings downgraded to "BBB" on commodity price declinesJuly 1st, 2009 Fitch downgrades DCP Midstream debt ratingsNEW YORK — Credit-ratings agency Fitch Ratings on Tuesday lowered its debt ratings on DCP Midstream LLC, based on expectations that the recent decline in commodity prices will cut into the natural gas processor's 2009 financial results. Fitch downgraded the company's senior unsecured debt and issuer default rating to BBB from BBB+.
Fitch downgrades rating of TRW Automotive on weakness in auto marketJune 30th, 2009 Fitch downgrades TRW AutomotiveNEW YORK — Fitch Ratings on Tuesday lowered its issuer default rating on TRW Automotive Inc. and its parent company, TRW Automotive Holdings Corp., to B- from B on concerns about continued weakness in the auto market.
Airline shares rise as industry group see passenger declines easing; Fitch downgrades DeltaJune 25th, 2009 Sector Snap: Airline shares gain againNEW YORK — Airlines shares climbed Thursday, as an industry group said airline passenger declines may be leveling off. The AMEX Airline Index rose 3.9 percent at midday, with all 13 component stocks on higher ground.
Moody's downgrades New York Times, McClatchy credit ratingsApril 25th, 2009 New York Times, McClatchy credit ratings cutNEW YORK — Moody's Investors Service on Friday downgraded the credit ratings of The New York Times Co. and McClatchy Co.
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