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 Ratings came in Monday to put its negative spin on the good news rally.
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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.
"Indian Banks: Turning Over a New Leaf", by Ananda Bhoumik, Fitch Ratings, November 2005.
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 Ratings, which pegs the company at the same level, affirmed its rating in August.
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.
Kansas City's high debt was cited by Fitch Ratings in February when it warned of a potential downgrade.
The diverse group of panelists represented: Credit Suisse, Capital One, Cigna, Fitch Ratings and Legg Mason.
Earlier this month, Fitch Ratings lowered its rating on China's local-currency government debt, warning of a credit buildup.
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Fitch Ratings yesterday released the report noting that majority of its rating actions this year will be affirmations.
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Lots of other insurers rely heavily on finite insurance to boost their reported results, says a Fitch Ratings report.
In Europe, the Stoxx Europe 600 lost 0.1% in the wake of Fitch Ratings' downgrade of Italy late Friday.
Fitch Ratings, which affirmed MBIA's triple-A rating on Wednesday, is still reviewing Ambac.
Fitch Ratings announced it was downgrading sovereign credit ratings for five European nations: Italy, Spain, Belgium, Slovenia, and Cyprus.
FORBES: And Here Come Some More Downgrades: Fitch Axes Italy, Spain, Others
Fitch Ratings downgraded the debt from B- to CCC, which indicates substantial risk.
The sports industry is largely immune from such problems, according to Fitch Ratings.
FORBES: Fitch: Stadiums Handling Debt Just Fine Thanks To TV Revenue And Labor Peace
Fitch Ratings has downgraded China's sovereign credit rating, warning about a credit build-up in the economy that could threaten the recovery.
Fitch Ratings agency is anything but optimistic about the Eurozone debt crisis in its latest bi-annual global Sovereign Review and Outlook report.
FORBES: Euro Crisis Will Persist And Cause Severe Market Volatility, Fitch Says
" After the market closed, Fitch Ratings lowered its outlook on its credit rating of the U.S. government to "negative" from "stable.
Hulse also chimed in on a ratings conference call with Fitch Ratings during this period and reiterated that conclusion, the suit says.
Fitch Ratings has recently cut its ratings for banks and some airports.
Fitch Ratings also has the sovereign on BBB-minus with a negative outlook.
Over the past two years, the country received long-coveted investment-grade ratings on its sovereign debt from Fitch Ratings and Moody's Investors Service.
Fitch Ratings cut FGIC's financial strength rating Wednesday to double-A from triple-A, and it did the same to Ambac earlier this month.
This based on a report from Fitch Ratings noting that it plans to maintain its stable outlook for the sector for 2013.
FORBES: Public Finance Sector OK...For Now; Fitch Cautions About Medicaid Cuts
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