Credit Ratings News
- Connecticut Sues Moody’s, S&P Over Subprime Ratings (Update3) Wednesday, March 10, 2010 @ 3:45PMMarch 10 (Bloomberg) -- Connecticut Attorney General Richard Blumenthal said he is suing Moody’s Corp. and Standard & Poor’s because they were “catering to the investment banks and other issuers” of structured debt securities.
- Lebanon ranks 82nd globally, 13th in MENA in country risk Wednesday, March 10, 2010 @ 3:44PMBEIRUT: In its semi-annual survey of the country risk of 186 countries, Euromoney magazine ranked Lebanon in 82nd place worldwide and 13th among 20 countries in the Middle East and North Africa region in March 2010, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group. Lebanon ranked 80th globally and 12th
- NAL Oil & Gas Trust Reports Fourth Quarter and Year-End 2009 Results Wednesday, March 10, 2010 @ 3:41PMCALGARY, ALBERTA-- - NAL Oil & Gas Trust today announced its financial and operational results for the fourth quarter and year ended December 31, 2009 as well as 2009 year-end reserves.
- Fitch Affirms U.S. Education Loan Trust IV Senior Notes Wednesday, March 10, 2010 @ 3:36PMNEW YORK----Fitch Ratings affirms the long-term ratings on the senior notes of the U.S. Education Loan Trust IV, LLC - March 1, 2006 Indenture of Trust senior notes. The Rating Outlook is Stable.
- Cliffs Natural Resources Inc. Announces Pricing of $400 Million Public Offering of Senior Notes Wednesday, March 10, 2010 @ 3:35PMCLEVELAND----Cliffs Natural Resources Inc. announced today that it has priced its registered public offering of $400 million of 5.9% Senior Notes due March 2020. Cliffs expects to close the offering on March 17, 2010, subject to customary closing conditions.
- Moonves: Advertisers, TV Affiliates Will Pay More for CBS Wednesday, March 10, 2010 @ 3:25PMCBS chief executive Leslie Moonves has put advertisers and local affiliates on notice: both will soon be paying more. Advertisers will face higher prices for commercials running on the network.
- Fitch Takes Various Actions on Addison CDO, Ltd./Corp. Monday, March 8, 2010 @ 4:35PMNEW YORK----Fitch Ratings has affirmed two and downgraded three classes of notes issued by Addison CDO, Ltd./Corp. . Fitch also affirms one combination note and downgrades one combination note created by notes issued by Addison.
- One northern Utah GM dealership reinstated Monday, March 8, 2010 @ 4:18PMHansen Motor Co. of Brigham City has learned that its Cadillac franchise will be reinstated by General Motors, the company owner confirmed to the Daily Herald today.
- Toshiba-Carrier Brand Launched in North America Monday, March 8, 2010 @ 4:00PMCarrier Corp., a unit of United Technologies Corp. , today announced the launch of the Toshiba-Carrier brand in North America. Under the Toshiba-Carrier brand, Carrier will offer high-efficiency duct-free split heat pumps with efficiency ratings up to 23 SEER, including a robust line of ENERGY STAR®-compliant and tax credit-eligible units.
- Government support needed Sunday, March 7, 2010 @ 1:39PMPrivatization of infrastructure projects, rise in private financing activities, disintermediation and Government support are key factors driving the bond market growth. The bond market allows corporations to have wider access to credit to finance viable projects.
- Business : RAK Eyeing More Investors to Spur Development Sunday, March 7, 2010 @ 1:31PMRAS AL KHAIMAH — Measures are being taken to make Ras Al Khaimah more attractive and friendly to investors and businessmen, including further development of its main port, higher power generation capacity and better education facilities, Shaikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of RAK, said.
- Thank Sex For Making The Internet Hot Sunday, March 7, 2010 @ 1:24PMOnline shopping, chat rooms, streaming video — guess what pioneered these technologies for the mainstream Web.
- Player Ratings: Chelsea 2-0 Stoke City Sunday, March 7, 2010 @ 12:28PMHenrique Hilario - 6 - Nervous start from the newly-capped Portuguese international, understandable after his showing against Manchester City last weekend. Communication was occasionally poor but he made a few good punches and respectable saves in a sound defensive display.
- French President Nicola Sarkozy: Tighten euro zone economic coordination Saturday, March 6, 2010 @ 2:41PMFellow euro-zone countries cannot abandon debt-ridden Greece because doing so would defeat the purpose of the common currency...
- Northern lights Saturday, March 6, 2010 @ 2:05PMRas Al Khaimah might not be as glamorous as Dubai, but it has plans to make headlines of its own.
