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- Fitch Affirms Parmer County Hospital District, Texas' Limited Tax GOs at 'BBB'
- NEW YORK -- In the course of routine surveillance, Fitch Ratings affirms Parmer County Hospital District, TX's the district $12 million in outstanding limited...
- Research articles 2009-03-13
- Fitch Downgrades Popular, Inc.'s Long-term IDR to 'BBB'; Outlook Negative
- NEW YORK -- Fitch Ratings has downgraded the following ratings of Popular, Inc. Popular: -- Long-term Issuer Default Rating IDR to 'BBB' from 'A-'; -- Senior unsecured to 'BBB' from 'A-'; -- Preferred stock to 'BB+' from 'BBB+'; -- Individual to 'C' from 'B/C'. Popular's...
- Research articles 2009-01-22
- Fitch Rates Time Warner Cable's Sr. Unsecured Notes 'BBB'; Outlook Stable
- CHICAGO -- Fitch Ratings has assigned a 'BBB' rating to Time Warner Cable's TWC benchmark size senior unsecured notes maturing February 2014 and 2019. The proceeds from the offering are expected to be used to fund part of the $10.9 billion special dividend payment that is expected to be paid...
- Research articles 2008-11-13
- Fitch Affirms Ecopetrol's FC and LC IDRs at 'BB+'/'BBB-'; Outlook Stable
- CHICAGO -- Fitch Ratings has affirmed Ecopetrol S.A.'s Ecopetrol foreign and local currency issuer default ratings IDRs at 'BB+' and 'BBB-', respectively. The Rating Outlook is Stable. Ecopetrol's ratings are strongly linked with the credit profile of the Republic of Colombia (local and foreign currency ratings of 'BBB-' and...
- Research articles 2008-11-10
- Fitch Downgrades Fidelity National's Ratings
- CHICAGO -- Fitch Ratings has downgraded the Issuer Default Rating IDR of Fidelity National Financial, Inc. (NYSE:FNF) to 'BBB' from 'BBB+' and the insurer financial strength IFS ratings of its title insurance subsidiaries please see complete list below to 'A-' from 'A'. All ratings were removed from Rating Watch Negative...
- Research articles 2008-10-24
- Fitch Affirms H&R Block's IDR at 'BBB'; Outlook Stable
- NEW YORK -- Following H&R Block Inc.'s (H&R Block) sale of $145 million of common equity to enhance capital and maintain financial flexibility, Fitch Ratings has affirmed the following ratings: H&R Block: --Issuer Default Rating IDR at 'BBB'; Block Financial Corp: --IDR at 'BBB'; --Senior...
- Research articles 2008-10-22
- Stone Street Capital Featured in Better Business Bureau Advertisement in the Washington Post
- Stone Street Capital , LLC, a leader in the lump sum industry, was featured in an advertisement in the Washington Post newspaper by the Better Business Bureau for their Start with Trust branding initiative. Stone Street Capital has been a BBB Accredited Member since 1996. The BBB...
- Research articles 2008-10-16
- Fitch Affirms OrCal Geothermal's Sr. Secured Notes at 'BBB-'; Outlook Stable
- CHICAGO -- Fitch Ratings has affirmed the 'BBB-' rating of OrCal Geothermal Inc.'s OrCal $165 million senior secured notes due 2020. While recent financial results have fallen short of Fitch's original projections, the affirmation reflects Fitch's expectation that OrCal's performance will not be permanently affected by current operational challenges. The...
- Research articles 2008-08-27
- BBB warns Internet users to beware of online firm
- The Better Business Bureau is warning Utah consumers about a Connecticut-based company that has been using affinity marketing to bilk customers out of hundreds of dollars through their credit cards. The bureau said in a news release Tuesday that Affinion Group, which recently changed its name from Trilegiant,...
- Research articles 2008-08-27
- Fitch Affirms Anadarko Petroleum's IDR at 'BBB-'; Outlook Stable
- NEW YORK -- Fitch Ratings has affirmed Anadarko Petroleum Corporation's (NYSE:APC) long-term Issuer Default Rating IDR and other associated debt ratings following its announcement of a $5 billion stock repurchase program. Anadarko Petroleum Corp. --Long-term IDR affirmed at 'BBB-'; --Sr. Unsecured affirmed at 'BBB-'; --Bank Loan...
- Research articles 2008-08-26
- Fitch Downgrades Rutland Rated Investments - Archer 2007-1 ; Resolves Negative Watch
- NEW YORK -- Fitch Ratings has downgraded the following tranche of Rutland Rated Investments Archer 2007-1 (Series 44) (Archer 2007-1) and removed the notes from Rating Watch Negative. The following rating action is effective immediately: --$25,000,000 tranche A1-L secured limited recourse credit-linked notes due 2012 to 'BBB' from 'AAA'....
- Research articles 2008-08-01
- Fitch Downgrades Rutland Rated Investments - Coleman Brook ; Resolves Negative Watch
- NEW YORK -- Fitch Ratings has downgraded the following tranche of Rutland Rated Investments Coleman Brook (Series 53) Coleman Brook and removed the notes from Rating Watch Negative. The following rating action is effective immediately: --$25,000,000 Rutland Rated Investments - Coleman Brook (Series 53) Tranche A1-L secured limited to...
- Research articles 2008-08-01
- Fitch Rates AutoZone's $750MM Notes 'BBB'; Outlook Stable
- CHICAGO -- Fitch Ratings has assigned 'BBB' ratings to AutoZone, Inc.'s AutoZone new $500 million 6.5% senior unsecured notes due January 2014 and $250 million 7.125% senior unsecured notes due July 2018. The proceeds from the offering will be used for general corporate purposes, which include repaying, redeeming or repurchasing...
- Research articles 2008-07-30
- Fitch Affirms Methanex's IDR at 'BBB'; Revises Outlook to Negative
- CHICAGO -- Fitch Ratings has affirmed the current ratings of Methanex Corporation Methanex as follow: --Issuer Default Rating IDR 'BBB'; --Senior unsecured debt 'BBB'. The Rating Outlook has been revised to Negative from Stable. In addition, Fitch has assigned the company's senior unsecured revolver a rating...
- Research articles 2008-07-14
- Gas-saving tips can cost you
- A s gas prices continue to soar, schemers are ramping up claims that they have just the right device or additive or some other gizmo for better fuel economy. But many of the claims are misleading or fraudulent, government agencies and the Better Business Bureau contend. ...
- Research articles 2008-07-11
- Fitch Affirms Mattel's IDR at 'BBB'; Outlook Positive
- NEW YORK -- Fitch Ratings has affirmed the Issuer Default Rating IDR and outstanding debt ratings of Mattel, Inc. Mattel as follows: --IDR 'BBB'; --$1.3 billion bank credit facility 'BBB'; --$910 million senior unsecured notes 'BBB'; --Commercial paper program at 'F2'. The Rating Outlook is...
- Research articles 2008-07-03
- Fitch Ratings Upgrades CVS Caremark Corp.'s IDR to 'BBB+'; Outlook Stable
- NEW YORK -- Fitch Ratings has upgraded its ratings on CVS Caremark Corp. (NYSE:CVS) as follows: --Long-Term Issuer Default Rating IDR to 'BBB+' from 'BBB'; --Senior unsecured bank facility to 'BBB+' from 'BBB'; --Senior unsecured notes to 'BBB+' from 'BBB'; --ECAPS hybrid security to 'BBB' from...
- Research articles 2008-06-27
- Fitch Affs Bunge and Corn Products IDRs at 'BBB' upon All-Stock Transaction Agreement
- CHICAGO -- Fitch Ratings has affirmed the following ratings for Bunge Limited Bunge and its subsidiaries. Concurrently, Fitch affirmed the ratings for Corn Products International, Inc. Corn Products. The Rating Outlook for all entities is Stable. Bunge Limited --Long Term Issuer Default Rating IDR at 'BBB'; --Preference...
- Research articles 2008-06-23
- Fitch Upgrades RBTT's IDR to 'A+' on Purchase by Royal Bank of Canada
- NEW YORK -- Fitch upgraded RBC Financial Caribbean Limited, formerly RBTT Financial Holdings Limited RBTT, to 'A+' from 'BBB-' after Royal Bank of Canada's RBC purchase of RBTT was completed on June 16, 2008 in a transaction valued at approximately US$2.2 billion. The upgrade to 'A+' reflects the institutional support...
- Research articles 2008-06-20
- Fitch Downgrades Tyson's IDR to 'BB+'; Outlook Negative
- CHICAGO -- Fitch Ratings has downgraded the ratings for Tyson Foods, Inc. Tyson(NYSE:TSN) and its subsidiaries as follows: Tyson --Issuer Default Rating IDR to 'BB+' from 'BBB-'; --Unsecured bank facility to 'BB+' from 'BBB-'; --6.85% 2016 senior unsecured notes to 'BB+' from 'BBB-'; --8.25% 2011...
- Research articles 2008-06-17
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