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Fitch revises Archer Daniels outlook

CHICAGO, Nov. 2 (UPI) -- Fitch Ratings Tuesday affirmed the ratings of Archer Daniels Midland in Decatur, Ill. senior unsecured notes at A plus and Archer's short-term debt at F1.

Strong econ balances Taiwan political risk

SINGAPORE, Oct. 28 (UPI) -- While most Asian countries have seen their growth slowed down in the third quarter, the latest indicators in Taiwan point to an economy that is still performing
SONIA KOLESNIKOV-JESSOP, UPI Business Correspondent

Fitch downgrades Marsh & McLennan's debt

CHICAGO, Oct. 28 (UPI) -- Fitch Ratings in Chicago Thursday downgraded the senior debt and long-term ratings on Marsh & McLennan in New York to BBB from A minus.

BellSouth's long-term debt rating cut

NEW YORK, Oct. 26 (UPI) -- Fitch Ratings in New York Tuesday cut the long-term debt rating on BellSouth Corp. in Atlanta, Ga. Fitch said it trimmed the rating because of increased debt as a result of the acquisition of AT&T Wireless Services.

Fitch lowers Sears rating

CHICAGO, Oct. 25 (UPI) -- Fitch Ratings in Chicago Monday lowered its ratings of the senior unsecured notes of Sears, Roebuck and Co. in Hoffman Estates, Ill., to BBB minus from BBB.

Fitch downgrades Maytag

NEW YORK, Oct. 25 (UPI) -- Fitch Ratings Monday downgraded the senior unsecured rating on Maytag of Newton, Iowa, to BB plus from BBB minus.

Fitch affirms Southwest Air at A

CHICAGO, Oct. 22 (UPI) -- Fitch Ratings Friday affirmed the senior unsecured debt rating of Dallas-based Southwest Airlines at A.

Fitch: Positive outlook for Gap

NEW YORK, Oct. 22 (UPI) -- Fitch Ratings in New York Friday affirmed the ratings on the Gap Inc. in San Francisco, senior unsecured notes at BB plus.

Fitch downgrades Cardinal Health

NEW YORK, Oct. 21 (UPI) -- Fitch Ratings Thursday downgraded Cardinal Health of Dublin, Ohio, senior unsecured debt and bank credit facility to BBB plus from A minus.

Fitch upgrades PMA ratings

CHICAGO, Oct. 6 (UPI) -- Fitch Ratings in Chicago Tuesday upgraded the senior debt and long-term issuer rating of PMA Capital Corp.in Allentown, Pa., to B from B minus.

Analysis: SBY needs to play smart politics

SINGAPORE, Oct. 5 (UPI) -- The satisfactory conclusion of the Indonesian presidential election has quickly translated into improved investors' sentiments with Fitch Ratings raising its ou
SONIA KOLESNIKOV-JESSOP, UPI Business Correspondent

Fitch upgrades Illinois Power

CHICAGO, Oct. 1 (UPI) -- Fitch Ratings in Chicago Friday upgraded Illinois Power Co.'s debt ratings. Fitch lifted the senior secured rating of the utility to BBB from B, the senior unsecured rating to BBB minus from CCC plus and the preferred stock rating to BB plus from CC.

Fitch rates DuPont AA minus

NEW YORK, Sept. 30 (UPI) -- Fitch Ratings in New York Thursday assigned ratings of AA minus to E.I. Dupont de Nemours and Co.'s senior unsecured debt.

Latin American stock markets roundup

Stock markets were mostly up across Latin America, as strong recommendations from rating agencies and the International Monetary Fund bolstered confidence in th
BRADLEY BROOKS

New Hungarian PM pledges euro entry in 2010

BUDAPEST, Hungary, Sept. 30 (UPI) -- Hungarian Prime Minister Ferenc Gyurcsany has set 2010 as his country's target date for adopting the euro, Hungarian Television reported Thursday.
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Fitch Ratings
WAP2002032003- WASHINGTON, March 20 (UPI) -- Ralph G. Pellecchia, senior director of Global Power Group Fitch Ratings, testifies on Capitol Hill on March 20, 2002, before the Senate Committee on Governmental Affairs hearing regarding the credit rating of Enron in the months leading to it's collapse. RLW/Roger L. Wollenberg UPI
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The Fitch Group is a majority-owned subsidiary of FIMALAC, headquartered in Paris. Fitch Ratings, Fitch Solutions and Algorithmics, are part of the Fitch Group.

Dual-headquartered in New York and London with 51 offices worldwide, Fitch Ratings positions itself as a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research and data. Fitch Ratings was one of the three Nationally Recognized Statistical Rating Organizations (NRSRO) designated by the U.S. Securities and Exchange Commission in 1975, together with Moody's and Standard & Poor's. It is one of the "Big Three credit rating agencies" (Standard & Poor's, Moody's Investor Service and Fitch Ratings).

The firm was founded by John Knowles Fitch on December 24, 1913 in New York City as the Fitch Publishing Company. It merged with London-based IBCA Limited in December 1997. In 2000 Fitch acquired both Chicago-based Duff & Phelps Credit Rating Co. (April) and Thomson Financial BankWatch (December). Fitch Ratings is the smallest of the "big three" NRSROs, covering a more limited share of the market than S&P and Moody's, though it has grown with acquisitions and frequently positions itself as a "tie-breaker" when the other two agencies have ratings similar, but not equal, in scale.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Fitch Ratings."
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