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NEW YORK (AP) -- Fitch Ratings on Friday affirmed its ratings on Aon Corp. after the insurance broker said it would buy Britain's Benfield Group Ltd. for almost $1.6 billion in cash.
Fitch affirmed its issuer default rating at "BBB+," its related senior..
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NEW YORK (AP) -- Standard & Poor's Ratings Services placed its "BBB+" counterparty credit rating on Aon Corp. on CreditWatch with negative implications after the insurance broker said it would buy Britain's Benfield Group Ltd. for almost $1.6 billion in c..
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NEW YORK (AP) -- Lehman Brothers Holdings Inc. shares bounced from its lows Thursday after an analyst upgraded his rating on the investment bank to "Buy," and believes it now has become a "hostile takeover candidate."
Ladenburg Thalmann analyst Richard X..
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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-'..
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NEW YORK (AP) -- Moody's Investors Service said Friday it has assigned a noninvestment-grade "B1" rating to Newsday LLC's proposed $650 million loan, which is being issued to finance Cablevision Systems Corp.'s acquisition of the newspaper publisher.
Las..
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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..
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CHICAGO--(BUSINESS WIRE)--Fitch Ratings will not take any rating action following Blockbuster's (IDR rated 'CCC'; Stable Outlook) announcement that it is pursuing an acquisition of Circuit City Stores, Inc. (Circuit City) in an all cash offer in the range..
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NEW YORK (AP) -- Moody's Investors Service on Monday affirmed the debt ratings of The Manitowoc Company Inc., after the diversified manufacturer agreed to buy British food-service equipment supplier Enodis PLC for about $1.9 billion.
The credit rating ag..
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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has withdrawn the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a+” of HMO New Mexico (Albuquerque, NM), a former subsidiary of Health Care Service Corporation, a Mutu..
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EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dutton Associates updates its coverage of Raser Technologies (NYSE:RZ - News) upgrading to a Strong Speculative Buy rating and a $16 price target. The 9-page report by Dutton senior analyst Gerald A. Rothstein, CF..
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NEW YORK (AP) -- Credit ratings agency Moody's Investors Service on Friday affirmed its triple-A ratings on Assured Guaranty Ltd.'s bond-insurance units, citing their "capital adequacy and strengthened market position."
The rating outlook remains "stable..
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NEW YORK (AP) -- Shares of real estate investment trust Omega Healthcare Investors Inc. rose Friday after UBS raised the company's rating, citing a better 2008 outlook.
The company focuses on investing in long-term health care facilities including nursin..
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NEW YORK (AP) -- Shares of Kendle International Inc. rose Tuesday after a UBS Investment Research analyst upgraded his rating on the stock, saying the current price represents an attractive entry point for investors.
Shares of Kendle, which provides clin..
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NEW YORK (AP) -- Standard & Poor's Ratings Services Friday removed Boston Scientific Corp. from its CreditWatch status but issued a negative outlook on the medical device maker, citing modestly improved debt levels.
The credit rating service also affirme..
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NEW YORK (AP) -- Moody's Investors Service downgraded its rating for cable service provider CommScope Inc. based on potential risks of its pending $2.6 billion acquisition of Andrew Corp.
Moody's downgraded the company's corporate family rating to Ba3 fr..
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NEW YORK (AP) -- Shares of Noven Pharmaceuticals Inc. rose sharply Thursday after a Raymond James analyst raised his rating on the drug developer, saying its shares are trading at a discount.
Noven's stock jumped $1.17, or 9.2 percent, to $13.96 in after..
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NEW YORK (AP) -- Standard & Poor's Rating Services said Friday it lowered its corporate credit rating on a live music and venue management company Live Nation Inc. to "B" from "B+," sending it further into junk territory.
The ratings agency said Live Nat..
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NEW YORK (AP) -- Standard & Poor's Ratings Services on Tuesday raised its outlook on NorthWestern Corp.'s long-term corporate credit rating to positive from stable.
S&P's current corporate credit rating on the electric and gas company is a junk-grade rat..
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NEW YORK (AP) -- Moody's Investors Service downgraded the corporate family rating of Whole Foods Market Inc. to junk-bond status on Friday, citing the company's debt-financed acquisition of rival organic and natural foods grocer Wild Oats Markets Inc.
Mo..
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NEW YORK (AP) -- Shares of LSI Corp. rose in early trading Tuesday, after a Deutsche Bank Securities Inc. analyst lifted his rating on the chip maker, saying the company is well-positioned for growth following a restructuring.
Shares rose 28 cents, or 4...
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