Advertisement
 
YOU ARE HERE: LAT HomeCollectionsFitch Ratings Service
IN THE NEWS

Fitch Ratings Service

FEATURED ARTICLES
BUSINESS
October 27, 2007 | From the Associated Press
Connecticut's attorney general said Friday that he had subpoenaed the nation's three largest debt-rating companies as part of an investigation into possible anti-competitive practices. Atty. Gen. Richard Blumenthal confirmed that his office issued subpoenas Oct. 10 to Standard & Poor's, Moody's Investor Services and Fitch Ratings Service.
ARTICLES BY DATE
BUSINESS
May 27, 2009 | E. Scott Reckard
Modifying nontraditional mortgages will succeed for many people, but most such modifications will end up in default within a year, a major ratings company predicts. The Fitch Ratings study examined subprime mortgages, jumbo loans and little-documented home loans that Wall Street bundled up to back mortgage bonds from 2005 through 2007.
Advertisement
BUSINESS
May 27, 2009 | E. Scott Reckard
Modifying nontraditional mortgages will succeed for many people, but most such modifications will end up in default within a year, a major ratings company predicts. The Fitch Ratings study examined subprime mortgages, jumbo loans and little-documented home loans that Wall Street bundled up to back mortgage bonds from 2005 through 2007.
BUSINESS
October 27, 2007 | From the Associated Press
Connecticut's attorney general said Friday that he had subpoenaed the nation's three largest debt-rating companies as part of an investigation into possible anti-competitive practices. Atty. Gen. Richard Blumenthal confirmed that his office issued subpoenas Oct. 10 to Standard & Poor's, Moody's Investor Services and Fitch Ratings Service.
BUSINESS
October 8, 2003 | Meg James
Los Angeles-based Univision Communications Inc. said it planned to refinance $700 million in existing debt. The unsecured notes will be due in 2006, 2007 and 2008. Fitch Ratings service assigned an BBB-minus rating to the offering. The Spanish-language media giant had $1.37 billion in long-term debt as of June 30, including accrued interest. Citigroup Global Markets Inc. and UBS Securities plan to handle the offering.
BUSINESS
September 3, 2005 | Kathy M. Kristof, Times Staff Writer
Economic losses from Hurricane Katrina are likely to reach $100 billion, an insurance consulting firm estimated Friday, which would make it the costliest natural disaster in U.S. history. Insurance will cover only a fraction of the losses, according to Risk Management Solutions of Newark, Calif. It estimated insured losses at $20 billion to $35 billion, up from initial projections of $10 billion to $25 billion.
BUSINESS
January 14, 2012 | By W.J. Hennigan and Kim Willsher, Los Angeles Times
Standard & Poor's stripped France of its coveted AAA credit rating and downgraded eight other Eurozone countries in a sign the continent's debt crisis has a way to go before being resolved. The action, announced after U.S. markets closed Friday, was somewhat expected since S&P warned in December that it might slash the ratings. Investors already had priced in the downgrades, for the most part — major global stock indexes suffered only moderate declines, and French bond yields went largely unaffected.
BUSINESS
April 13, 2003 | James Flanigan
Everybody from White House officials to lawmakers to corporate leaders is focused on whether economic development can be spurred and democracy installed in Iraq. While that war-torn land occupies so much attention, countries far closer and arguably more important to the United States are suffering decline and neglect. Conditions are bleak for Latin America. Unemployment is rising. Wages and living standards are falling.
Los Angeles Times Articles
|