Nokia's bond rating cut by FitchBBC News - 7 Jun, 2011The credit ratings agency Fitch has cut the status of Nokia's bonds to just above junk. The mobile phone manufacturer's rating has gone from BBB+ to BBB-. Last week, Nokia warned that its sales for the second quarter of this year would be well below ... |
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Nokia Debt Rating Cut to Lowest Investment Grade by Fitch on Market ShareBloomberg - Diana ben-Aaron - 7 Jun, 2011Nokia Oyj (NOK1V), the world's biggest maker of mobile phones by volume, was downgraded to the lowest investment grade by Fitch Ratings, which cited the fast-dropping market share of the company's ... |
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Fitch upgrades Hungary's ratings outlook to stable from negative as reforms ...Washington Post - 7 Jun, 2011By AP, BUDAPEST, Hungary â€" Fitch Ratings has revised up the outlook for Hungary's debt rating from negative to stable on hopes that the government's plan to get a grip on the public finances may be bearing dividends. Though Fitch kept Hungary's credit ... |
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Fitch Lifts Hungary's Outlook To Stable On Fiscal PlanWall Street Journal - Margit Feher - 7 Jun, 2011BUDAPEST (Dow Jones)--Fitch Ratings revised Hungary's credit rating outlook to stable from negative Monday, in a move that surprised financial markets and analysts. The rating upgrade raises hopes that other agencies may follow suit, steering the ... |
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Hungary gets a pass, for nowFinancial Times (blog) - Chris Bryant - 7 Jun, 2011In credit rating terms, Hungary has been standing in the naughty corner for the past six months. One false move and recalcitrant Budapest faced the credit-equivalent of being turfed out of the school classroom, by having its debt downgraded to junk ... |
Fitch Raises Hungary Outlook to Stable on SpendingBloomberg - Andras Gergely, Edith Balazs - 7 Jun, 2011Hungary's credit rating outlook was raised to stable from negative by Fitch Ratings on government plans to cut the biggest debt among the European Union's eastern members. ... |
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Fitch: could upgrade Hungary if reforms implementedReuters - Marton Dunai, Sandor Peto - 7 Jun, 2011BUDAPEST, June 6 (Reuters) - Fitch said on Monday it could upgrade Hungary's credit rating if the government carries out its recently announced reform programme successfully, but added a negative action was also on the cards if the country slips. ... |
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Fitch Lifts Hungary's Outlook To Stable On Narrower DeficitWall Street Journal - Melodie Warner - 7 Jun, 2011Fitch Ratings revised the Republic of Hungary's outlook to stable from negative, citing the government's plans to reduce its budget deficit. With Hungary's convergence and structural reform program announced in the spring, the ratings agency has ... |
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Hungary's Debt-Rating Outlook Is Revised to Stable From Negative by FitchBloomberg - Greg Chang - 7 Jun, 2011Hungary had the outlook changed to stable from negative for the ratings on its long-term foreign and local currency issuer default ratings by Fitch. Photographer: Balint Porneczi/Bloomberg Hungary had the ... |
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Fitch Sees Slovakia Exceeding Budget Goal, Affirms A+ RatingBloomberg - Radoslav Tomek - Jun 6, 2011Slovakia will probably exceed its budget-deficit target for the coming two years as the government may fail to implement its saving measures, Fitch Ratings Ltd. said. Fitch affirmed Slovakia's rating at ... |
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FITCH affirms India's Capital Power Systems at 'B+(ind)'; outlook stableReuters Africa - Jun 5, 2011June 06 (Fitch) Fitch Ratings has affirmed India-based Capital Power Systems Limited's (CPSL) National Long-Term rating at 'B+(ind)'. The Outlook is Stable. The agency has also affirmed the ratings on CPSL's bank facilities, as follows: - INR240m non ... |
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Fitch affirms Slovakia's credit rating at A+The Slovak Spectator - 7 Jun, 2011The Fitch international rating agency affirmed Slovakia's credit rating at A+ with a stable outlook, the agency stated on June 6 with Fitch noting that the main drivers behind its decision were high economic growth, low inflation, and Slovakia's ... |
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Fitch Revises Hungary's Outlook to Stable; Affirms at 'BBB-'Cbonds. Info - 7 Jun, 2011Fitch Ratings-London/New York-06 June 2011: Fitch Ratings has revised the Outlooks on the Republic of Hungary's Long-term foreign and local currency Issuer Default Ratings (IDR) to Stable from Negative and affirmed the ratings at 'BBB-' and 'BBB', ... |
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Erste Group CEE Macro/Fixed Income DailyCbonds. Info - 7 Jun, 2011CZ Macro: Industrial production data showed a slowdown from 9.2% y/y in March to 4.7 % y/y in April, well below expectations. That said, the seasonallyadjusted figure for April was +7.6% but, here too, some slowdown is visible â€" SA m/m growth was 0.3%, ... |
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Assist from Fitch fails to take sting out of Romanian spread slapRealdeal.hu - Erik D'Amato - 7 Jun, 2011By Erik D'Amato I expect there will be at least a little relief and even some chest-puffing by Hungarian economic officials over the news that rating agency Fitch had decided to change its outlook from "negative" to "stable." If so, there are at least ... |
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Fitch revises Hungary outlook to stable over promising gov't measuresRealdeal.hu - 7 Jun, 2011By MTI Fitch Ratings on Monday revised its outlook on Hungary to stable from negative, citing confidence in recent government measures aimed at improving budget balance. Fitch also confirmed Hungary's long-term foreign and local currency rating at BBB- ... |
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Fitch Affirms Tower Group, Inc.'s IDR 'BBB'; Outlook StableBusiness Wire (press release) - 7 Jun, 2011CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB' Issuer Default Rating (IDR) to Tower Group, Inc. (Tower). Fitch has also affirmed the Insurer Financial Strength (IFS) ratings of 'A-' to Tower's operating subsidiaries, a full list is ... |
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Fitch Affirms Adventist Health System Sunbelt's (FL) Debt at 'AA-'; Outlook StableBusiness Wire (press release) - 7 Jun, 2011NEW YORK--(BUSINESS WIRE)--As part of its ongoing surveillance efforts, Fitch Ratings has affirmed the 'AA-' long-term rating on Adventist Health System Sunbelt, FL's (Adventist) outstanding debt. Fitch has also affirmed the 'F1+' rating on Adventist's ... |
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Fitch Upgrades Georgia-Pacific's IDR to 'BBB-'; Outlook StableBusiness Wire (press release) - 7 Jun, 2011The ratings upgrade is based on GP's history of and dedication to debt reduction and the likelihood of further debt reduction. The Rating Outlook is Stable. GP finished 2010 by repaying some $785 million in debt, marking five years of consecutive debt ... |
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Fitch Assigns Initial IDR of 'BBB' to Mid-America Apartment Communities, Inc ...Business Wire (press release) - 7 Jun, 2011NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned initial credit ratings to Mid-America Apartment Communities, Inc. (NYSE: MAA) and its operating partnership, Mid-America Apartments LP (collectively, MAA) as follows: The ratings center on Fitch's ... |
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Fitch Assigns Initial 'BBB' IDR to Spectra Energy Partners, LP; Outlook StableBusiness Wire (press release) - Jun 6, 2011NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB' Issuer Default Rating (IDR) and a 'BBB' senior unsecured rating to Spectra Energy Partners, LP (SEP). Fitch has also assigned a 'BBB' rating to the proposed $500 million senior unsecured ... |
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Fitch Affirms India's Idea International at 'B-(ind)'; Outlook StableIndia Infoline.com - Jun 6, 2011Fitch Ratings has affirmed India-based Idea International Private Limited's (Idea) National Long-Term rating at 'B-(ind)'. The Outlook is Stable. The agency has also affirmed Idea's bank facilities, as follows: - INR150m non-fund based LC limits ... |
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Fitch Affirms Slovakia Rating At 'A+'; Outlook StableIMarketnews.com - Jun 6, 2011LONDON - Ratings Agency Fitch has Fitch Ratings has affirmed the Republic of Slovakia's credit rating at 'A+' with a stable outlook, according to a statement released Monday. "Slovakia's rating continues to be supported by the economy's track record of ... |
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Fitch cuts Nokia's rating to one notch above junkReuters India - Ina Fassbender, Tarmo Virki - 7 Jun, 2011TALLINN (Reuters) - Fitch has cut its rating for bonds issued by Nokia to one notch above junk grade and said the outlook for the rating was negative as the handset maker rapidly loses market share. Nokia warned last week that mobile phone sales in the ... |
Fitch Raises Hungary Outlook to Stable on Spending Cut PlanSan Francisco Chronicle - 7 Jun, 2011June 6 (Bloomberg) -- Hungary's credit rating outlook was raised to stable from negative by Fitch Ratings on government plans to cut the biggest debt among the European Union's eastern members. Hungary's rating was affirmed at BBB-, ... |
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Fitch Sees Slovakia Exceeding Budget Goal, Affirms A+ RatingSan Francisco Chronicle - Jun 6, 2011June 6 (Bloomberg) -- Slovakia will probably exceed its budget-deficit target for the coming two years as the government may fail to implement its saving measures, Fitch Ratings Ltd. said. Fitch affirmed Slovakia's rating at A+ today, its fifth- best ... |
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