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Upgrades & Downgrades

SEC adopts new rules for credit-rating agencies (AP)

 

Written by Yahoo! Finance: Upgrades & Downgrades, on 03-12-2008 08:43  

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Federal regulators on Wednesday adopted new rules designed to stem conflicts of interest and provide more transparency for Wall Street's credit-rating industry, widely faulted for its role in the subprime mortgage debacle and ensuing credit crisis.

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Last update : 03-12-2008 08:43

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Fitch Ratings lowers outlook on Ingram Micro (AP)

 

Written by Yahoo! Finance: Upgrades & Downgrades, on 03-12-2008 08:26  

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Fitch Ratings lowered Ingram Micro Inc.'s credit outlook Wednesday, projecting an accelerated sales decline for the technology products distributor.

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Last update : 03-12-2008 08:26

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Fitch Rates Municipal Energy Acquisition Corp. (TN) 2006A&B Project Revs 'AA-'; Outlook Stable...

 

Written by Yahoo! Finance: Upgrades & Downgrades, on 03-12-2008 08:13  

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NEW YORK----Fitch Ratings assigns an 'AA-' rating to the Municipal Energy Acquisition Corporation's $649 million of gas project revenue bonds, series 2006A and 2006B. The Rating Outlook is Stable.

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Last update : 03-12-2008 08:13

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A.M. Best Affirms Ratings of Ecclesiastical Insurance Office plc (Business Wire)

 

Written by Yahoo! Finance: Upgrades & Downgrades, on 03-12-2008 08:00  

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OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A and the issuer credit rating of “a” of Ecclesiastical Insurance Office plc . At the same time, A.M. Best has affirmed the rating of “bbb” on the GBP 66,450,000 8.625% non-cumulative irredeemable preference shares issued by EIO.

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Last update : 03-12-2008 08:00

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