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Second- and third-stringers eye 2016 if front-runner stumbles
Topic - Fitch Ratings
The Fitch Group (technically, Fitch, Inc.) is a financial corporation whose divisions include Fitch Solutions, an advisory firm offering products and services to the financial industry, [http://www.reuters.com/article/pressRelease/idUS192799+09-Jan-2008+BW20080109 established in January 2008] partly following the criticism on Rating Agencies; Algorithmics Inc., the risk management software vendor and research firm; and Fitch Ratings, Ltd. - Source: Wikipedia
A major credit-rating house says a hold on a lawsuit involving Illinois' pension overhaul is not cause for concern.
The Jackson-Medgar Wiley Evers International Airport is delaying security checkpoint upgrades and improvements to the concourse after a downgrading of its revenue bonds by Fitch Rating Service.
A major credit rating agency says an overhaul of two Chicago pension plans would prevent them from becoming insolvent, but long-term sustainability is "many years away."
A Wall Street analyst warns the Atlantic City Expressway might have to raise tolls if traffic volume continues to decline.
Fitch Ratings on Tuesday afternoon warned that it may downgrade the U.S. credit rating from triple-A as a result of the congressional impasse that is forcing the Treasury to hit its borrowing limit on Thursday and could lead to a first-ever default on Treasury securities within days after that.
One of Wall Street's leading credit-rating firms Tuesday afternoon warned that it may downgrade the U.S. credit rating from AAA as a result of the congressional impasse that could force the Treasury Department to hit its borrowing limit on Thursday and could lead to a first-ever default on Treasury securities within days after that.
Time growing desperately short, House Republican efforts to pass legislation averting a Treasury default and ending a partial government shutdown collapsed Tuesday night, and one of the country's top ratings firms warned of a possible downgrade in the nation's creditworthiness.
The Fitch credit rating agency has warned that it is reviewing the U.S. government's AAA credit rating for a possible downgrade, citing Thursday's looming deadline to increase the nation's borrowing limit.
Fitch Ratings agency downgraded Britain's rating on Friday from triple-A to AA+, a recognition of the nation's weak economic future and growing debt.
While lawmakers in Washington braced for disaster, the nation's big three credit rating agencies yawned at the sequester cuts set to kick in Friday, saying the trims won't hurt the credit-worthiness of the federal government as long as Congress doesn't stop there.
Wall Street ratings agencies are skeptical of the resolve of political leaders to tame the nation's debts, and are raising the likelihood that at least one of the three top agencies will add to the turmoil in financial markets at the end of the year by further downgrading the U.S. credit rating.
Fitch Ratings has retained the U.S. at its top 'AAA' credit rating but also left the outlook negative, citing the failure of Congress and the Obama administration to forge an agreement on reducing the budget deficit.
The Fitch ratings agency affirmed France's top Triple-A credit rating on Friday, but warned it could downgrade six other nations that also use the euro — Italy, Spain, Ireland, Belgium, Slovenia and Cyprus.
A warning from Fitch Ratings that large U.S. banks could be hit hard if Europe's debt crisis spreads sent stocks on a downward spiral late Wednesday.
Anyone who looks at a price chart for the S&P 500 over the past three months will likely paint a picture of a roller coaster in their mind, and that would be a fair characterization. During these past weeks, the S&P 500 has experienced four climbs, followed by four drops, a few of which much like a world-class roller coaster have been steep and quick.