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+1
Under Rated

Fitch: SunGard Data Systems Inc.'s 'B+' IDR Unaffected by Proposed Acquisition of GL TRADE (Business Wire)

M & A Fri Aug 1, 2008 @ 3:01pm neoform
biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--The ratings of SunGard Data Systems, Inc. (SunGard) are unaffected by the announcement that the company will acquire the Paris- and London-based financial software solutions company, GL TRADE for approximately Eur400 million (ap.. Read More
+1
Under Rated

Fitch Upgrades & Withdraws Aquila, Inc.'s Ratings Following Merger (Business Wire)

M & A Tue Jul 15, 2008 @ 3:02pm neoform
biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded and removed from Rating Watch Positive the ratings of Aquila, Inc. (ILA) as follows: --Issuer Default Rating (IDR) to 'BBB-' from 'BB-'; --Sr. secured to 'BBB' from 'BB+'; --Sr. unsecured to 'BBB-'.. Read More
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Under Rated

Fitch Places Waste Management on Watch Negative Following Republic Services Acquisition Announcement (Business Wire)

M & A Mon Jul 14, 2008 @ 3:02pm neoform
biz.yahoo.com -- CHICAGO--(BUSINESS WIRE)--Fitch Ratings has placed the ratings of Waste Management, Inc. (NYSE:WMI - News) on Rating Watch Negative following this morning's announcement that WMI has made a cash offer to acquire Republic Services, Inc. (NYSE:RSG - News) f.. Read More
+1
Under Rated

Fitch: Thomson Reuters Merger Complete; Scale and Stability Mitigate Risks (Business Wire)

M & A Tue Jun 17, 2008 @ 12:01pm neoform
biz.yahoo.com -- CHICAGO--(BUSINESS WIRE)--Fitch Ratings has just published a 13-page report on Thomson Reuters Corp. (TRI) Fitch initiated coverage of TRI on June 4th with an 'A-' Issuer Default Rating (IDR). The Rating Outlook is Stable. The report includes a discussio.. Read More
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Under Rated

Fitch Places Verizon on Watch Negative; Alltel on Watch Positive on Proposed Merger (Business Wire)

M & A Thu Jun 5, 2008 @ 3:01pm neoform
biz.yahoo.com -- CHICAGO--(BUSINESS WIRE)--Fitch Ratings has placed the Issuer Default Rating (IDR) and outstanding debt ratings of Verizon Communications, Inc. (Verizon) ratings and subsidiaries on Rating Watch Negative as follows: --Long-term IDR 'A+'; --Senior unsecu.. Read More
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Under Rated

Fitch removes negative rating from Alliant Techsystems (AP)

M & A Mon May 12, 2008 @ 3:01pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Fitch Ratings Monday affirmed and removed a "Rating Watch Negative" rating on military contractor Alliant Techsystems Inc. and said its outlook is now "Stable." The change comes after Canadian regulators Thursday rejected ATK's proposed.. Read More
+1
Under Rated

Fitch Comments on JPMorgan/Bear Amended Acquisition Agreement (Business Wire)

M & A Mon Mar 24, 2008 @ 6:01pm neoform
biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--Fitch Ratings believes that the probability that JPMorgan Chase & Co. (JPMC) will complete its acquisition of The Bear Stearns Companies, Inc. (BSC) has increased under the amended terms (announced today). That said, Fitch has n.. Read More
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Under Rated

Fitch: CLECs May be Potential Acquisition Targets for U.S. Cable MSOs (Business Wire)

M & A Mon Mar 24, 2008 @ 3:01pm neoform
biz.yahoo.com -- CHICAGO--(BUSINESS WIRE)--While near-term growth prospects are strong for U.S cable multiple system operators (MSOs), mid-to-long-term growth will need to be generated from an expansion of commercial services, and competitive local exchange carriers (CLEC.. Read More
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Under Rated

Fitch: Newell Rubbermaid's 'BBB', Positive Outlook Unaffected by Acquisition Announcements (Business Wire)

M & A Thu Feb 28, 2008 @ 12:01pm neoform
biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--Newell Rubbermaid Inc.'s (NWL) definitive agreements to acquire Aprica Childcare Institute Aprica Kassai, Inc. (Aprica) and Technical Concepts Holdings, LLC, announced this week, will not affect its ratings. Fitch currently rate.. Read More
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Under Rated

Fitch Upgrades Sierra Health Services IDR to 'A' Following Acquisition by UnitedHealth (Business Wire)

M & A Tue Feb 26, 2008 @ 3:01pm neoform
biz.yahoo.com -- CHICAGO--(BUSINESS WIRE)--Sierra Health Services, Inc. (NYSE: SIE - News) and its primary insurance subsidiaries have been upgraded following the close of its acquisition by UnitedHealth Group (NYSE: UNH - News). The acquisition was announced in March 200.. Read More
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Under Rated

Fitch: Airlines Face Tough Times in 2008 (AP)

M & A Mon Dec 10, 2007 @ 12:00pm neoform
biz.yahoo.com -- CHICAGO (AP) -- High fuel costs, economic uncertainty and tightening credit are conspiring to make 2008 a potentially tough year for the airline industry, Fitch Ratings said in a report Monday. As the industry prepares for continued high prices and an ex.. Read More
+1
Under Rated

Fitch Cut Ratings on Jabil to Junk (AP)

M & A Fri Oct 12, 2007 @ 6:00pm neoform
biz.yahoo.com -- NEW YORK (AP) -- Fitch Ratings said Friday it downgraded three credit ratings for Jabil Circuit Inc. to non-investment grade status, citing the company's decision to refinance the remaining $400 million of its senior unsecured bridge loan with long-term d.. Read More
+1
Under Rated

Fitch Revises View of PHH Ratings (AP)

M & A Thu Sep 20, 2007 @ 3:00pm neoform
biz.yahoo.com -- CHICAGO (AP) -- Fitch Ratings revised its view on PHH Corp.'s ratings on Thursday to reflect the uncertainty surrounding the mortgage-lending and fleet-management company's planned $1.8 billion takeover by General Electric Co. Fitch Ratings has revised t.. Read More
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