Fitch: Additional CMBS Actions Unlikely as Peter Cooper/Stuy Town Moves to Special Servicing
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Business Wire
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Fri 6:05 pm ET
NEW YORK----Fitch Ratings does not expect to take any negative rating actions following the transfer of the Peter Cooper Village/Stuyvesant Town loan to special servicing today. The $3 billion A-Note was transferred to CWCapital, as special servicer, due to the sponsors' request for relief.
Fitch Withdraws Underlying Rtgs on Pre-refunded Minn-St. Paul Metro Airports Comm, MN Airport Revs
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Business Wire
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Fri 5:37 pm ET
NEW YORK----Fitch Ratings has withdrawn the Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota airport revenue bonds:
Fitch Rates Beverly Hills, California's $75.1MM 2009 Lease Revs 'AA+'; Outlook Stable
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Business Wire
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Fri 5:13 pm ET
SAN FRANCISCO----Fitch Ratings assigns an 'AA+' rating to $75.1 million City of Beverly Hills Public Financing Authority 2009 lease revenue bonds . In addition, Fitch affirms its 'AA+' rating on the City of Beverly Hills' $192.9 million outstanding lease revenue bonds and its implied general obligation bond rating of 'AAA.' The city has no outstanding GO bonds.
Fitch Upgrades CYCL's Ratings to 'A' Following Acquisition
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Business Wire
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Fri 4:51 pm ET
CHICAGO----Fitch Ratings has upgraded the following ratings of Centennial Communications Corp. and its subsidiaries subsequent to AT&T's Inc. announcement that it had completed the acquisition of CYCL on Nov. 6, 2009.
Wall St. rises 3 percent for week on Friday's slim gain
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Reuters
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Fri 4:33 pm ET
U.S. stocks rose 3 percent for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2 percent -- the highest in 26-1/2 years.
Fitch Rates NY State Empire State Dev Corp $1.5B PIT Bonds 'AA-'; Outlook Stable
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Business Wire
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Fri 3:48 pm ET
NEW YORK----Fitch Ratings assigns an 'AA-' rating to $1.5 billion Empire State Development Corporation state personal income tax revenue bonds , consisting of
A.M. Best Revises Outlook to Stable for Upland Mutual Insurance, Inc.
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Business Wire
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Fri 3:45 pm ET
OLDWICK, N.J.----A.M. Best Co. has revised the outlook to stable from positive and affirmed the issuer credit rating of âEurośbbbâEuroť of Upland Mutual Insurance, Inc. . Additionally, A.M. Best has affirmed the financial strength rating of B++ of Upland.
Fitch Affirms Campbell's IDRs at 'A/F1'; Outlook Stable
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Business Wire
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Fri 3:31 pm ET
CHICAGO----Fitch Ratings has affirmed the credit ratings of Campbell Soup Company as follows:
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