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2014-06-16 16:20:49

SEATTLE, June 16, 2014 /PRNewswire/ -- Fitch Ratings initiated coverage on Alaska Air Group (NYSE: ALK) with a rating of BBB-. Air Group, the parent company of Alaska Airlines and Horizon Air, is one of only two U.S. airline companies to be rated investment grade. "An investment grade credit rating affirms the work we have done to improve our business and strengthen our balance sheet," CFO Brandon Pedersen said. "We were particularly pleased that Fitch recognized our industry-leading...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.