Fitch ratings today affirmed France AAA rating but revised its outlook to negative from stable.
FORBES: France's AAA Safe For Now But Outlook Negative, Fitch Says
Fitch believes it may be several years before contributions by GWM are consistently and proportionately significant.
Fitch Ratings came in Monday to put its negative spin on the good news rally.
FORBES: Top Value Picks In The BRICs For First Week Of December
And international ratings agency Fitch predicted that more newspapers would close amid dwindling advertising revenues.
"Lending has not moderated, it has merely found other channels, " Fitch said in the report.
The bonds, rated Baa2 by Moody's and BBB-plus by Fitch, have a coupon of 7.8%.
Meanwhile, Fitch has lowered its outlook on Egyptian sovereign debt to negative from stable .
FORBES: Egyptian Civil Strife Sends Oil Close To $100 On Suez Canal Fears
Abercrombie and Fitch (ANF) continues to falter after flying high earlier in the year.
Meanwhile, Fitch Ratings moved to downgrade Cyprus's two largest banks following Monday's preliminary bailout agreement.
WSJ: Greek Stocks Slump; Investors Play Catch Up on Cyprus Worries
Fitch Ratings also moved to downgrade Cyprus's two largest banks following Monday's preliminary bailout agreement.
Moody's Investors Service and Fitch Ratings each downgraded Kodak's debt deeper into junk-bond territory this week.
Unless equity markets rally strongly, says Fitch, the creditworthiness of life insurers will be further downgraded.
Positive outlooks exceeded negative credit outlooks for Fitch-rated sovereigns, at 14 and 8, respectively.
FORBES: "Third World" No More as Emerging Markets Upgraded, Developed Markets Downgraded
"Indian Banks: Turning Over a New Leaf", by Ananda Bhoumik, Fitch Ratings, November 2005.
The only investment grade emerging countries that Fitch downgraded this year were Libya, Tunisia and Bahrain.
FORBES: "Third World" No More as Emerging Markets Upgraded, Developed Markets Downgraded
However, the Fitch ratings agency late Wednesday issued another downgrade on the financial outlook for Greece.
FORBES: Comex Gold Steady-Weak, Silver Lower as Risk Aversion Back in the Market Place
Fitch, a ratings agency, immediately downgraded Iceland's debt and loans from international donors may be affected.
ECONOMIST: The Iceland saga is a harbinger of crises to come
The report from Fitch adds little new to a debate that has raged for months now.
FORBES: Motivation For A Deal? Fitch Warns $600B Cliff Hit May Merit U.S. Downgrade
Last week Fitch put these issues on negative credit watch because of further concerns about deterioration.
Fitch Ratings, which pegs the company at the same level, affirmed its rating in August.
On May 20th Fitch, a ratings agency, cut the country's debt rating by another three notches.
All speed bumps, some have suggested, even YCharts contributor Stephane Fitch, for an otherwise sound business.
Without such a solution the Eurozone needs a bigger commitment from the European Central Bank, Fitch says.
FORBES: Euro Crisis Will Persist And Cause Severe Market Volatility, Fitch Says
Turkey received an investment-grade credit rating from Fitch Ratings last November for the first time since 1994.
Additionally, Fitch Ratings on Thursday downgraded Portugal's debt to "junk" and warned that additional downgrades were possible.
"There is systemic risk, " says Eileen Fahey, managing director at Fitch Ratings and head bank credit analyst.
The country's financial position is now so strong that it can cope with most shocks, said Fitch.
By this measure, financing could reach 14.5 trillion yuan this year, according to Fitch, a ratings agency.
ECONOMIST: China does its bit to calm worries about the world economy
But Fitch believes money is passing through less visible channels, such as China's lightly regulated trust companies.
In 2005 Fitch Group acquired Algorithmics, undertaken with a view to extending its quantitative risk management capabilities.
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