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Corporate Credit Ratings

Moody's downgrades credit ratings

Moody's Investors Service has today announced that it has downgraded Kaupthing Bank's credit ratings. The Bank's long-term rating is downgraded from A1 to Baa3, the Bank's financial strength rating .. - Read more

There Is No Auto Credit Crisis (BusinessWeek Online)

BusinessWeek Online - I"You have to just about be walking on water to get financed but even with our prime customers, banks are looking for a reason to say no." -- AutoNation CEO Michael Jackson, The Wall Street Journal,...

Opening Remarks at SEC Roundtable on Modernizing the Securities and Exchange Commission’s...

U.S. Securities and Exchange Commission Washington, D.C. October 8, 2008 Good morning. But to help put today's discussion into perspective, I'd like to describe some of the most important recent actions the Commission has taken...

A.M. Best Upgrades Issuer Credit Ratings of Arch Reinsurance Ltd. and Affiliates (Business Wire)

OLDWICK, N.J.----A.M. Best Co. has upgraded the issuer credit ratings to “a+” from “a” and affirmed the financial strength rating of A of Arch Reinsurance Ltd. and its reinsured affiliates. A.M.

Fitch Affirms Qatar Real Estate Investment Company 'BBB+'/Outlook Stable

Fitch Ratings has affirmed Qatar Real Estate Investment Company Q.S.C. (also trading under the name and henceforth referred to as Alaqaria) a Long-term Issuer Default rating (IDR) of 'BBB+' and a Short-term IDR of 'F2'.

Bank of America's Desperate Move for Capital (at Seeking Alpha)

by: Steve Murray posted on: October 08, 2008 | about stocks: In an unexpected announcement, Bank of America released their 3rd quarter earnings results and announced that they will be cutting their dividend and issuing new...

Ford, GM on the Chopping Block? (at Seeking Alpha)

by: Paul Fekula posted on: October 08, 2008 | about stocks: For years now, the demise of the Big 3 has seemed like only a matter of time. None of the companies, Chrysler, Ford or GM , has been profitable for years. In the...

Plan to axe R&D credit

By JAMES WEIR - The Dominion Post | Thursday, 09 October 2008 National's plan to cut research and development tax breaks to help pay for personal tax cuts are "wasteful and confusing" and greatly disappointing for some firms,...

Fitch Rates CoxHealth's (Missouri) $70MM 2008B Health Facilities Revs 'AA+/F1+'

Fitch Ratings has assigned 'AA+/F1+' ratings to the Health and Educational Facilities Authority of the State of Missouri's $70 million variable-rate demand health facilities revenue bonds (CoxHealth), series 2008B (the Bonds)....

UPDATE 1-Ratings agencies view UK bank plan as positive

NEW YORK, Oct 8 (Reuters) - The outlook for the UK banking system is negative, based on fundamental credit conditions, said Moody's. Britain's 'AAA' sovereign rating remains well supported too, said Fitch. 'There is sufficient...