Latest Fitch Stories

2008-06-26 18:02:41

Flowers Foods Inc. (Flowers; NYSE: FLO) ratings are unaffected by today's announcement that it has executed a definitive agreement to acquire privately owned ButterKrust Bakery (ButterKrust) for approximately $90 million.

2008-06-26 03:02:36

Fitch Ratings, New York Michael Burger, 212-908-0555 Jeff Schaub, 212-908-0680 Christopher Kimble, 212-908-0226 (Media Relations) Fitch Ratings has downgraded Rhode Island Health and Educational Building Corporation's $18.6 million series 1999 revenue bonds (St.

2008-06-19 18:00:22

Fitch Ratings earlier today revised the Outlook to Negative on the ratings of the two main Brazilian airlines, TAM and GOL. Fitch expects the near-term outlook for the global airlines sector to remain difficult, and the Brazilian airline sector is no exception.

2008-06-18 12:00:30

Fitch Ratings believes that U.S. packaged food and agribusiness companies face increased risk of credit deterioration as commodity prices soar, according to a special report.

2008-06-17 09:01:11

Fitch Ratings has downgraded Massachusetts Health and Educational Facilities Authority's $10,440,000, series 1994B bonds (Holyoke Hospital Issue) to 'BB' from 'BB+'. Fitch has also revised the Rating Outlook to Negative from Stable.

2008-06-16 12:00:57

The ongoing surge in energy prices could pose liquidity issues for a number of U.S. downstream sectors, with independent refiners the most exposed, according to Fitch Ratings.

2007-11-16 09:00:52

Rogue Valley Manor (RVM), a 668-acre Continuing Care Retirement Community by Pacific Retirement Services, Inc., is pleased to announce its recent 'A' rating from Fitch Ratings.

2007-10-19 12:00:35

According to a special report just issued by Fitch Ratings, the state of California is currently considering a significant overhaul of its Short-Run Avoided Cost (SRAC) methodology.

2007-08-20 15:02:48

Bad debt expense and stagnant volumes continued to challenge the U.S. for-profit hospital industry in the second quarter of 2007. After a brief moderation in the first quarter, bad debt expense resumed accelerating this quarter.

2007-06-12 10:52:49

The 41st Parameter, the leader in fraud detection and prevention solutions for the online retail channel, today announced that Abercrombie & Fitch has selected its FraudNet(TM) fraud detection solution to support business growth strategies in an environment of increasing online commerce.

Word of the Day
  • The horn of a unicorn considered as a medical or pharmacological ingredient.
  • A winged horse with a single horn on its head; a winged unicorn.
The word 'alicorn' comes from Italian alicorno, already associated with unicorns and reinterpreted, popularized by Bearing an Hourglass (1984) and other fantasy novels by Piers Anthony.