Latest Fitch Group Stories

2008-08-13 12:00:51

Fitch Ratings has affirmed the ratings for MidAmerican Energy Holdings Co. (MEHC) and its subsidiaries, PacifiCorp (PPW), MidAmerican Energy Co. (MEC) and MidAmerican Funding Corp.

2008-08-13 03:00:14

Fitch Ratings, New York Monica Aggarwal, CFA, +1-212-908-0282 Karen Ghaffari, CFA, CPA, +1-212-908-0708 Cindy Stoller, +1-212-908-0526 (Media Relations) Fitch Ratings has affirmed its ratings on CVS Caremark Corp.

2008-08-08 15:00:43

Fitch Ratings has affirmed the ratings of United States Steel Corporation (U.S. Steel) securities as follows: --Issuer Default Rating (IDR) 'BBB-'; --Senior unsecured notes 'BBB-'; --Senior unsecured revolving credit facility 'BBB-'; --Senior unsecured term loan 'BBB-'.

2008-08-07 18:01:53

Fitch Ratings has downgraded approximately $41 million of New Jersey Health Care Facilities Financing Authority revenue bonds issued on behalf of Palisades Medical Center, Inc (PMC). The obligated group (Palisades) consists of PMC and Palisades General Care, Inc.

2008-08-07 12:01:19

Fitch Ratings has affirmed Atmos Energy Corp.'s (Atmos) Issuer Default Rating (IDR) at 'BBB' and its senior unsecured debt rating at 'BBB+'. Approximately $2.12 billion of notes and debentures are affected by the rating action.

2008-08-07 09:00:48

Fitch Ratings has upgraded and removed from Rating Watch Positive the issuer default rating (IDR) and long-term debt ratings of Rural Cellular Corporation (Rural) to recognize the guarantees executed by Verizon Communications, Inc.

2008-08-06 18:00:38

Fitch Ratings assigns an 'AA' rating to the following series of revenue bonds issued by the University of Oklahoma Board of Regents on behalf of the University of Oklahoma Health Sciences Center (OUHSC or the university): --$45,820,000 tax-exempt series 2008A --$25,375,000 federally taxable series 2008B The series 2008A and 2008B bonds (the bonds), which are issued under OUHSC's revenue financing system (RFS), will fund a significant portion of the costs associated with...

2008-08-04 15:00:49

Fitch Ratings has published a special report today on the Dominican Republic electricity sector.

2008-08-01 18:00:35

Fitch Ratings has affirmed the Issuer Default Rating (IDR) and Insurer Financial Strength (IFS) ratings of Health Net, Inc. (Health Net) and its insurance operating subsidiaries (detailed rating list appears below). The Outlook on Health Net's ratings remains Negative.

2008-07-29 03:01:15

Fitch Ratings, New York Alan Spen, 212-908-0594 Joanne Ferrigan, 212-908-0399 or Media Relations: Brian Bertsch, 212-908-0549 Fitch Ratings affirms the underlying 'BBB+' rating of PowerSouth Energy Cooperative's (formerly Alabama Electric Cooperative, Inc.) outstanding bonds, as follows: --$50 million series 2007A; --$75 million series 2007B; --$40 million series 2007C.

Word of the Day
  • a slit in a tire to drain away surface water and improve traction.
The word 'sipe' comes from Old English and is related to 'seep'.