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Three Royal Stocks Worth a Look (RDS.A, RCL, CCK)
Thursday, April 28, 2011 - 5:36pm | 752The wedding of Prince William and Catherine Middleton is almost here, and there's no escaping the brouhaha. It seems like everyone is trying to make a buck off the royal nuptials. With that in mind, here are three "royal" stocks that may be worth a look now. Royal Dutch Shell Perhaps the biggest...
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Fitch Downgrades 56 Portuguese Structured Finance Tranches on Sovereign Downgrade
Tuesday, April 5, 2011 - 11:17am | 9Fitch Downgrades 56 Portuguese Structured Finance Tranches on Sovereign Downgrade.
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Fitch Takes A Sip Out Of Pepsi's Ratings (PEP)
Friday, December 3, 2010 - 4:32pm | 83Fitch is cutting Pepsi's (NYSE: PEP) rating outlook to negative, but is keeping its rating at A+ after the North America beverage giant announced yesterday it would be buying a 66% stake in Wimm-Bill-Dann (NYSE: WBD) for $3.8 billion. "The negative outlook reflects that PepsiCo's leverage is...
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Fitch Rates Massachusetts' $293MM GO Bonds 'AA+'; Outlook Stable
Monday, July 19, 2010 - 2:23pm | 134- Fitch Ratings assigns an 'AA+' rating to the following Commonwealth of Massachusetts general obligation (GO) bonds: --$119,640,000 GO refunding bonds, 2010 series B; --$173,460,000 GO bonds, consolidated loan of 2010, series C. In addition, Fitch affirms the following ratings: --Approximately $...
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Commercial Real Estate Week in Review
Saturday, June 19, 2010 - 6:00am | 487Commercial Real Estate Week in Review-June 13-19 -Interested in a long term investment? It may be the time to get into REITs. -Sunway REIT on track for $522MM IPO. -Kimco Realty (NYSE: KIM) and Big Shopping Centers (NYSE: BIG) enter into a joint venture to purchase $422MM retail...
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BP Shares Move Up Despite A Severe Cut In Rating By Fitch
Tuesday, June 15, 2010 - 8:50am | 175BP plc (NYSE: BP) shares are gaining in the pre-market, despite a shocking six notches cut in the company’s credit rating by Fitch. Fitch’s cut was prompted by its concerns over costs, as BP is being pushed by lawmakers to create an escrow account amount to $20 billion to cover costs related to the...
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Commercial Real Estate Week in Review
Saturday, June 12, 2010 - 6:00am | 440Commercial Real Estate Week in Review-June 6-12 -Obama to Congress: Get reform bills reconciled before G-20. -GE Capital to cut real estate portfolio by 50%. -Cassidy Turley looking to compete with Jones Lang LaSalle (NYSE: JLL) and CB Richard Ellis in commercial real estate. -JP...
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Fitch Downgrades Spain (EWP)
Friday, May 28, 2010 - 12:46pm | 56Fitch ratings agency has just downgraded Spain's debt. The S&P is now down 11.78 points, or 1.07%, to 1,091.28. The euro has fallen to 1.23 on the news of Fitch's downgrade. A key ETF to watch is the iShares MSCI Spain Index (NYSE: EWP). It is currently down 84 cents, or 2.48%, to $33.00.
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Mixed Trading On Energy Stocks, (WMB, WPZ, WMZ)
Tuesday, January 19, 2010 - 2:04pm | 127Mixed trading was seen in energy stocks as a restructuring plan by Williams Companies Inc. (NYSE: WMB) lifted natural gas shares, while petroleum shares dropped on lower crude prices. Most of the gains from natural gas stocks came from an 11% rally in shares of Williams Companies, which unveiled a...