News Source: Kiev Post
| 5 months ago
Without cuts in public spending in tandem with tax increases, Fitch predicts that government debt would reach 100% of GDP in the US and UK by 2012 and 2013 respectively, while government debt ratios in France and Germany will exceed 90% of GDP.
News Source: India Abroad
| 5 months ago
Global rating agency Fitch has revised upwards India's growth projection to 6 from 5 per cent for the current fiscal and said the recent election results should provide additional confidence and spur growth. "The change in the forecast is consistent...
News Source: Kuam News
| 5 months ago
BBB+ rating, but with a negative outlook and finally as for the agency's $3.4 million series 2007B capital appreciation bond was downgraded from BB+ to a BBB– with a negative outlook.
News Source: Seattle Times
| 5 months ago
Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. citing its nonperforming assets, much of them related to Florida real estate. The ratings house said Tuesday that Whitney's long-term issuer default rating had been dropped to...
News Source: The Economic Times
| 5 months ago
The government is likely to retain its GDP growth projection of 7% for 2009-10 as it expects a sharp recovery in the second half of the fiscal year. The figure, forecast in the interim budget presented on February 16, 2009, is much higher than the...
News Source: Androscoggin News
| 5 months ago
Fitch Ratings has downgraded its rating for Whitney Holding Corp to BBB from BB+ because of the bank's level of nonperforming assets, including those in Florida. Earlier this month, Standard & Poor's downgraded the company's rating to junk status.