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Fitch Downgrades $219.6MM from Crystal River CDO 2005-1 Ltd
The following rating actions are effective immediately: --$37,638,384 Class A Notes to 'A' from 'AAA'; --$44,750,000 Class B Notes to 'BBB' from 'AAA', and removed from Rating Watch Negative; --$20,500,000 ...
Web site touting 'lock in' gas prices on fumes
A new Web site service offering drivers across the nation the chance to lock in gas prices -- a hedge against the ever-increasing cost of gasoline -- may be running on empty, after temporarily suspending ...
Fitch Takes Various Rating Actions on Morgan Stanley Capital I Trust 2006-IQ11
Class G and class H may be downgraded if expected recoveries on the specially serviced assets continue to decline or new loans become specially serviced.
Fitch Takes Rating Actions on Greenwich Capital Commercial Funding Corp, Series 2006-FL4
The downgrade is a result of the Galleria Sheraton Metairie not performing to expectations.
Pre-pay gas option gets failing BBB grade
A company that offers a debit card that lets you pre-pay for as much gas as you want received an F from the Better Business Bureau.
Fitch Downgrades Autopista del Maipo Bonds to 'BBB(chl)'
SANTIAGO, Chile - Fitch Ratings today downgraded the bonds issued by Autopista del Maipo Sociedad Concesionaria S.A. and insured by MBIA Insurance Corp to 'BBB ' from 'AAA '. At the same time, Fitch has removed ...
Fitch Downgrades AES El Salvador to 'BB+'; Outlook Negative
Fitch Ratings has downgraded AES El Salvador Trust's foreign and local currency Issuer Default Ratings to 'BB+' from 'BBB-'. The rating action applies to the US$300 million 6.75% Political Risk Protected bond ...
Fitch Downgrades 1 Class of LB 2006-LLF C5
Classes FLM, FRT-1, FRT-2, FRT-3, SFL and SMN have paid in full. The downgrade of Class L is due to declining performance of the Sheraton Keauhou Bay Resort & Spa , Praedium Rental Portfolio II , Praedium ...
Fitch Downgrades 9 Classes of Sydney Street Finance Limited Notes; Resolves Negative Watch
Fitch Ratings has today downgraded the class A1, A2, B, C, D, E, F, G, and H notes from Sydney Street Finance Limited , and removed them from Rating Watch Negative: -- EUR70,000,000 Class A1 to 'BBB' from ...
Standard & Poor's issues warning about WAPA bonds
Standard & Poor's rating service issued a negative outlook on V.I. Water and Power Authority's $197 million in outstanding bonds - a clear indication that the utility's chronic financial problems are battering ...
Asset-Backed Securities Can Withstand Higher Unemployment
Securities backed by credit card and automobile loans could withstand significant increases in unemployment from current levels before 'BBB' or 'AAA' bonds default, but downgrade risk persists, Fitch Ratings ...
Trustees voice concern over university investments
Youngstown State University's board of trustees is concerned that their investments may be too risky.
Fitch Affirms N-Star Rel Cdo VIII, Ltd./LLC
Fitch affirms all classes of N-Star REL CDO VIII, Ltd./LLC floating-rate notes as follows: --$100,000,000 class A-1 affirmed at 'AAA' --$260,000,000 class A-R affirmed at 'AAA'; --$103,050,000 class A-2 ...
Fitch Downgrades 3 Classes of J.P. Morgan Chase Comm'l Mtge Securities Corp., Series 2005-CIBC12
Fitch Ratings downgrades and assigns a Distressed Recovery rating to the following classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., series 2005-CIBC12: --$5.4 million class M to 'B' from 'B+'; ...
Mish's Global Economic Trend Analysis
S&P Lowers Ratings on 65 classes of Alt-A Securities
In a completely expected move is yet another S&P downgrade in Alt-A mortgage backed securities .
Public relations, press release distribution, investor relations, SEC filing
NEW YORK & RIO DE JANEIRO, Brazil-- --Fitch Ratings has affirmed foreign- and local currency Issuer Default Rating of Votorantim Participacoes S.A. at 'BBB' and its - 06/05/2008 - 05:22 PM Collective Soul ...
Bond Insurers CIFG Guaranty, FGIC, SCA Have Ratings Cut by S&P on Losses
Standard & Poor's took negative ratings actions on the bond insurance businesses of CIFG Guaranty, Security Capital Assurance Ltd.
More Downgrades to Monoline Bond Insurers Show Worst of Mortgage Crisis May Yet Lie Ahead
Standard & Poor's Ratings Services decided this week to reignite mortgage market worries surrounding monoline bond insurers, downgrading two AAA behemoths in MBIA Inc.
Fitch Affirms 1 & Downgrades 7 Classes from 3 CDC Subprime Transactions
Fitch Ratings has taken the following rating actions on CDC mortgage pass-through certificates.
Fitch Affirms 28 & Downgrades 37 classes from 20 Morgan Stanley 2000-2002 Subprime Transactions
Fitch Ratings has taken the following rating actions on the following mortgage pass-through certificates.