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Fitch Rates Kellogg's $750MM Senior Unsecured Notes 'BBB+'

2013-02-09 17:07:06| Agriculture - Topix.net

The new notes contain a Change of Control Repurchase Event. Upon the occurrence of both a Change of Control and rating downgrades below investment grade, unless Kellogg exercises its right to redeem the notes, the company will be required to make an offer to purchase the notes at a price equal to 101% of the aggregate principal amount plus accrued ... (more)

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Banks Can Withstand Swedish Housing Price Slump, Fitch Predicts

2013-02-06 09:09:23| Appliances - Topix.net

Sweden's largest banks can handle a projected slump in house prices as deep as 10 percent without suffering significant credit losses, Fitch Ratings said.

Tags: price housing banks swedish

 
 

Brean Murray Gives Buy Rating to Abercrombie & Fitch

2013-01-31 08:28:05| Apparel - Topix.net

's stock had its "buy" rating reaffirmed by Brean Murray in a research note issued on Wednesday.

Tags: buy rating murray fitch

 

Strong Sales Make Abercrombie & Fitch The Right Fit

2013-01-23 01:15:36| Apparel - Topix.net

Abercrombie & Fitch Co. has outperformed the Zacks Consensus Estimate for the last 3 quarters, delivering an average beat of 36.4%. Most recently, it topped by 47.5% in its fiscal third quarter and raised its earnings guidance for 2012, sending shares higher for this casual apparel retailer.

Tags: make sales strong fit

 

Fitch warns on UK's AAA rating

2013-01-15 15:17:48| BBC News | Business | UK Edition

The UK continues to risk losing its top AAA credit rating if it does not reduce its debt, a senior figure at Fitch Ratings tells the BBC.

Tags: rating aaa warns fitch

 

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