NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Merrill Lynch Mortgage Trust (MLMT) commercial mortgage securities, series 2004-MKB1 as follows: --$19.8 million class A-1 at 'AAA'; --$379.8 million class A-2 at 'AAA'; --$65 million class A-3 at
NEW YORK (AP) -- Following is a summary of top stories in the energy sector Tuesday afternoon. Weak Dollar and the Fed Boost Oil Futures Oil prices rose sharply, settling at a record over $98 a barrel. Oil futures, which offer a hedge against a weak
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded the following ratings of Campbell Soup Company (Campbell's): --Long-term Issuer Default Rating (IDR) to 'A' from 'A-'; --Senior unsecured debt to 'A' from 'A-'; --Short-term IDR to 'F1' from 'F2';
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'A' rating to the approximately $20.8 million in Bi-State Development Agency of the Missouri Illinois Metropolitan District (Bi-State) mass transit sales tax appropriation refunding bonds (Metrolink
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has withdrawn the 'F1' rating for Elysian Funding LLC, the asset-backed commercial paper program sponsored by Hudson Castle Group Inc., as all outstanding commercial paper was repaid in full on Nov. 19, 2007.
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded the following class of mortgage pass-through certificates from Heller Financial Commercial Mortgage Asset Corp. (HFCMC), series 1999 PH-1: --$7.6 million class M to 'CCC/DR1' from 'B-/DR1'. In a
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A-' rating to the Redevelopment Agency of the City of Duarte, CA's (the agency) $5,000,000 merged redevelopment project area 2007 tax allocation refunding bonds (TABs), series C. The bond
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has published a full credit analysis on Gotham Funding Corporation, the asset-backed commercial paper (ABCP) program sponsored by Bank of Tokyo-Mitsubishi UFJ, Ltd. and rated 'F1' by Fitch Ratings. The report
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA-' Issuer Default Rating (IDR) and 'A+' senior debt ratings of The Progressive Corporation (Progressive, NYSE: PGR). Fitch has also affirmed the 'AA+' Insurer Financial Strength (IFS) rating
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the Issuer Default Ratings (IDRs) and senior unsecured ratings of Williams Companies, Inc. (NYSE: - ), Transcontinental Gas Pipe Line Corp. (TGPL) and Northwest Pipeline Corp. (NWP) following the
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken rating actions on the following Countrywide Asset-Backed Securitizations (CWABS) mortgage pass-through certificates: Series 2003-BC4 --Class M-1 affirmed at 'AA'; --Class M-2 downgraded to 'AA-' from
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of 鈥 a 鈥 for Beneficial Life Insurance Company (Beneficial) (Salt Lake City, UT). The ratings have bee
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed its ratings on J.C. Penney Co., Inc. (Penney) as follows: --Long-term Issuer Default Rating (IDR) at 'BBB'; --Senior unsecured notes and debentures at 'BBB'; --$1.2 billion unsecured bank credit f
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Prudential Mortgage Capital Co. II, LLC, commercial mortgage pass-through certificates, series PRU-HTG 2000-C1 as follows: --$10.7 million class A-1 at 'AAA'; --$127 million class A-2 at 'AAA'; --
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the Issuer Default Rating (IDR) and senior unsecured debt ratings of Public Service Enterprise Group Inc. (PSEG), and PSEG Power LLC (Power) to 'BBB+' from 'BBB'. The Ratings Outlook for each enti
·Fox Petroleum Anticipates Im
·Fitch Affirms Seagate HDD's
·Fitch Downgrades 3 Classes o
·Fitch Rates Agilent's Propos
·Fitch Issues Report on BA Cr
·Financial National Informati
·Fitch Ratings affirms GFCM 2
·Fitch Affirms J.P. Morgan Ch
·Fitch Affirms Los Angeles (C
·Fitch Affirms 12 & Downg
·Fitch Affirms 4 & Downgr
·Fitch Rates $289.675MM Phila
·Fitch Affirms Seagate HDD's
·Fitch Downgrades 3 Classes o
·Fitch Rates Agilent's Propos
·Fitch Issues Report on BA Cr
·Financial National Informati
·Fitch Ratings affirms GFCM 2
·Fitch Affirms J.P. Morgan Ch
·Fitch Affirms Los Angeles (C
·Fitch Affirms 12 & Downg
·Fitch Affirms 4 & Downgr
·Fitch Rates $289.675MM Phila
Upgrades & Downgrades
