B/E Aerospace debt ratings lowered by Standard & Poor'sSeptember 23rd, 2009 Some B/E Aerospace debt ratings loweredNEW YORK — Ratings agency Standard & Poor's said Wednesday it has lowered its long-term corporate credit rating on airline interior components manufacturer B/E Aerospace Inc. to junk status.
Standard & Poor's lowers rating on some Continental debt, citing declining aircraft valuesSeptember 2nd, 2009 S&P lowers rating on some Continental debtNEW YORK — Standard & Poor's on Wednesday lowered the rating on some of Continental Airlines Inc.'s debt to a lower degree of junk status, citing declining aircraft values. Debt ratings can affect companies' borrowing costs.
Standard & Poor's boosts EXCO Resources Inc. credit rating, praises sale of petroleum assetsAugust 19th, 2009 S&P boosts EXCO Resources credit ratingDALLAS — Standard & Poor's Ratings Services said Wednesday it has increased the corporate credit rating it assigns to EXCO Resources Inc. after the petroleum company sold some of its assets.
Standard & Poor's takes California off credit watch, easing the way for state to sell bondsAugust 19th, 2009 S&P takes California off negative credit watchSACRAMENTO, Calif. — A major bond-rating agency has taken California off its negative credit watch but says the state's financial situation remains precarious.
S&P reaffirms Con-way investment grade rating, but outlook negativeAugust 17th, 2009 S&P reaffirms Con-way investment grade ratingNEW YORK — Ratings agency Standard & Poor's affirmed its BBB- rating for Con-way Inc. on Monday, but suggested that weak demand and competitive prices will continue to hurt the trucking company's earnings and credit standing.
Standard & Poor's raises India's growth forecastAugust 13th, 2009 NEW DELHI - Global rating agency Standard & Poor's (S&P) Thursday raised India's growth forecast for the current fiscal from 5.8 percent to 6.3 percent taking into account the improving performance of the industrial sector. "If yesterday's number (industrial production figures released Wednesday) is anything to go by, credit offtake in the coming days would be much better than we have anticipated earlier," said Subir Gokarn, chief economist at the Indian arm of S&P.
Standard & Poors adding FMC to S&P 500, replacing CentexAugust 12th, 2009 S&P adding FMC to S&P 500, replacing CentexNEW YORK — Standard & Poors said on Tuesday it will add chemicals maker FMC Corp. to its S&P 500 index, replacing Centex Corp.
Lithuania faces possible debt downgrade from S&P a day after Latvia, Estonia were loweredAugust 11th, 2009 Lithuania faces possible debt downgrade from S&PLONDON — Lithuania may see its credit rating downgraded to junk status by Standard & Poor's after the agency warned Tuesday that rising economic and political risks are depressing the Baltic country's tax revenues. S&P said it has placed its triple B long term sovereign credit rating on Lithuania on Creditwatch with negative implications — a precursor to a possible downgrade over the coming three months if the situation does not improve.
Fitch expects to give Northrop Grumman's new senior notes an investment-grade ratingJuly 27th, 2009 Northrop Grumman debt to get investment-grade tagNEW YORK — Fitch Ratings said Monday it expects to assign an investment-grade rating to Northrop Grumman Corp.'s new senior notes. The military contractor's notes, which will be used to refinance debt maturing this year, will most likely be rated BBB+, the ratings agency said.
Former major leaguer Jim Leyritz set to be released on bond, will await trial in South Fla.July 13th, 2009 Fla. judge reinstates bond for LeyritzFORT LAUDERDALE, Fla. — A South Florida judge has reinstated the bond of former major leaguer Jim Leyritz, who was arrested earlier this month on a domestic battery charge.
Standard & Poor's raises rating on $400 million Unisys senior note offerJuly 6th, 2009 S&P raises rating on $400M Unisys note offerNEW YORK — Standard & Poor's Ratings Services said Monday it has raised its rating on Blue Bell, Pa.-based technology services provider Unisys Corp.'s $400 million senior notes due 2012 to B from CC and removed it from CreditWatch. The ratings agency also affirmed the B rating on the company's $300 million senior notes due March 2010.
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.
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-.
Tuesday's Treasury bond market at a glanceApril 21st, 2009 Treasury bond market at a glanceKey barometers in the Treasury market late Tuesday, compared with late Friday. Bond markets were closed Monday for Columbus Day.
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