Tag: Fitch Ratings

• Saturday, October 8th 2011 - 08:20 UTC

  Chronicle of a foretold cut: Fitch downgrades Italy and Spain’s credit rating

  

  Fitch cut on Friday Italy's sovereign credit rating by one notch and Spain's by two, citing a worsening of the Euro zone debt crisis and a risk of fiscal slippage in both countries. Fitch cut Italy's rating to A+ from AA- and lowered Spain to AA- from AA+.

• Thursday, October 6th 2011 - 08:41 UTC

  Fitch warns Latam commodity-exporting countries of a ‘hard-landing’ in China

  

  According to a new special report issued by Fitch Ratings released Wednesday, a potential 'double-dip' in the US or a hard-landing in China would have negative economic implications for Latin American countries.

• Thursday, September 8th 2011 - 22:21 UTC

  Fitch warns it might downgrade China and Japan ratings, but who rates Fitch?

  

  Fitch Ratings warned that it might downgrade China's credit rating within two years as the country's banks struggle with debt loads following a lending surge to help lift the economy during the 2008 financial crisis.

• Thursday, August 18th 2011 - 06:57 UTC

  Fitch ratings sees a decade of opportunities for construction industry in Latam

  

  According to a new report issued by Fitch Ratings, the magnitude of investments in infrastructure during the next decade will provide unprecedented levels of opportunity for Latin American construction companies with the outlook for most companies in the industry being positive.

• Thursday, August 18th 2011 - 06:47 UTC

  Positive rating outlook for Argentina although warnings on inflation effects

  

  The Fitch rating agency decided to maintain a positive rating outlook for Argentina, although it warned about the effects of inflation.

• Wednesday, August 17th 2011 - 07:06 UTC

  Fitch reaffirms US sterling AAA rating but calls for political agreement

  

  Fitch Ratings on Tuesday reaffirmed the United States' AAA credit rating. The move comes less than two weeks after Standard & Poor's downgraded the United States' long-term debt to AA+.

• Tuesday, August 2nd 2011 - 21:37 UTC

  Wall Street fears possible downgrade of US rating in spite of vote on debt ceiling

  

  Wall Street dropped on worries about a possible downgrade of the United States' top credit rating and signs of economic weakness even as the US Congress passed on Tuesday a bill to avoid a debt default.

• Tuesday, July 26th 2011 - 08:25 UTC

  S&P upgrades Uruguay’s rating to BB+, just one notch below investment grade

  

  The credit rating agency Standard & Poor’s upgraded on Monday Uruguay’s rating by one notch to BB-plus, only one notch below investment grade, praising years of “prudent and consistent” economic policies in the country.

• Thursday, July 14th 2011 - 22:01 UTC

  Fitch upgrades Uruguay ratings on improved external and fiscal solvency ratios

  

  Uruguay had its foreign currency issuer default rating raised to BB+ from BB by Fitch Ratings, which cited improved external and fiscal solvency ratios. The rating outlook was revised to stable from positive.

• Monday, June 27th 2011 - 05:26 UTC

  Three risk rating agencies have Colombia with investment grade

  

  Fitch Ratings raised Colombia to investment grade last week, becoming the third Wall Street agency to elevate the country this year to the coveted status, opening the door to a broader range of investors.