Latest Fitch Stories

2006-11-29 12:01:24

Fitch Ratings affirms the underlying 'A+' rating on approximately $127.8 million in outstanding revenue bonds issued on behalf of Children's Hospital Medical Center of Akron (CHMCA or the hospital). The outstanding bonds are listed below and are insured by Financial Security Assurance, Inc., rated 'AAA' by Fitch. The Rating Outlook is Stable. The 'A+' rating is supported by Medical Center's leading market share, solid financial performance and good liquidity. CHMCA maintains a leading...

2005-11-06 04:29:05

LOS ANGELES (Reuters) - Retailer Abercrombie & Fitch said on Friday it would stop selling some of its T-shirts after a national boycott by teenage girls, who objected to slogans emblazoned across the shirts such as "Who needs brains when you have these?" The teen-oriented apparel company, often criticized for its suggestive advertising featuring scantily-clad young models, did not specify which T-shirts it would pull but said in a brief statement that "We recognize that the...

2005-07-10 20:43:23

MANILA (Reuters) - Philippine President Gloria Macapagal Arroyo was seen as having won crucial breathing space on Monday after Catholic bishops declined to call on her to quit, but investors fretted the decision may prolong uncertainty. Adding to concerns about the economic impact of Arroyo's worst crisis, ratings agency Fitch said early on Monday it had cut its outlook on Philippine debt to negative because the political situation may hurt efforts to cut its debt burden. "Definitely the...

Word of the Day
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).