Latest Fitch Group Stories

2010-12-07 00:00:41

Senior Living Organization’s Positive Credit Ratings Affirmed by S&P and Fitch West Point, PA (Vocus) December 6, 2010 ACTS Retirement-Life Communities, a suburban Philadelphia-based senior living company, reached a milestone recently by surpassing more than $1 billion in total assets.

2010-10-19 17:11:00

BOGOTA, Colombia, Oct. 19 /PRNewswire-FirstCall/ -- Ecopetrol S.A.

2010-06-09 09:00:00

NEW YORK and LONDON, June 9 /PRNewswire/ -- Fitch Ratings, a global ratings agency, and TheMarkets.com, the premier provider of investment research and workflow solutions announced today that Fitch Ratings' fundamental credit research will be available as a premium service on TheMarkets.com. Fitch's fundamental credit research offers clients of TheMarkets.com unique insights into the global fixed income markets across Corporate Finance, Financial Institutions, Global Infrastructure and...

2010-04-15 17:02:00

SIOUX FALLS, S.D., April 15 /PRNewswire-FirstCall/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) today announced that Fitch Ratings ("Fitch") upgraded NorthWestern's ratings as follows: To From --- ---- Issuer Default Rating - Long Term BBB BBB- Issuer Default Rating - Short Term F2 F3...

2009-05-19 12:45:00

SPOKANE, Wash., May 19 /PRNewswire-FirstCall/ -- Fitch Ratings announced today that it has upgraded the corporate credit rating of Avista Corp. (NYSE: AVA) to BBB- from BB+, which raises the company's rating to investment grade.

2009-03-18 11:04:34

Billionaire investor Warren Buffett, in spite of his considerable candor, has steered clear of a controversy surrounding U.S. rating agencies, observers say. Buffett owns 20 percent of Moody's Corp., which earns billions in fees rating corporate debt.

2009-03-05 15:20:00

BIRMINGHAM, Ala., March 5 /PRNewswire-FirstCall/ -- Fitch Ratings has affirmed its ratings and Stable outlook for ProAssurance and its primary insurance subsidiaries. (Logo: http://www.newscom.com/cgi-bin/prnh/20081024/PROASSURANCELOGO ) In announcing its decision, Fitch says their rating action, "...considers the solid financial condition of PRA's operating subsidiaries as well as consistent profitability, financial and operating flexibility, and highly experienced management team.

2008-11-14 12:00:22

In conjunction with the Rating Outlook revision and downgrade of Regions Bank short-term Issuer Default Rating (IDR), Fitch Ratings has downgraded municipal bonds with letters of credit provided by Regions Bank.

2008-11-12 12:00:20

Today, Fitch Ratings issued a special report, 'Liquidity Focus: U.S. Transportation' which focuses on liquidity issues in the airlines, railroads and trucking sectors. According to the report, liquidity for the airline sector is relatively strong, with $17 billion in available liquidity at Sept.

2008-11-11 15:00:22

Fitch Ratings has upgraded to 'AA-' from 'BBB-' the ratings on SynergyHealth, Inc.'s (Synergy) approximately $70.1 million of bonds issued through the Wisconsin Health and Educational Facilities Authority.

Word of the Day
  • Emitting flashes of light; glittering.
The word 'coruscant' comes from a Latin word meaning 'to flash' or 'to sparkle'.