Tag: Fitch
Telefonica, Fitch confirms “BBB” rating with stable outlook
(Finance) – Fitch Ratings has confirmed the Long-Term Issuer Default Rating (IDR) of TelephoneSpanish telecommunications company, a “BBB” with a stable outlook. The rating reflects the “strong market position” of…
Generali, Fitch raises IFS rating, stable outlook
(Finance) – The Fitch rating agency announced today that it has raised its rating on the financial solidity of General (Insurance Financial Strength – IFS) to “A+” from “A”, with…
Tyson Foods, Fitch confirm rating at “BBB” with stable outlook
(Tiper Stock Exchange) – Fitch Ratings has confirmed the Long-Term Issuer Default Ratings (IDR) of Tyson Foodsan American multinational operating in the food sector, in “BBB“. The outlook is stable.…
Abercrombie & Fitch improves outlook after positive second quarter
(Tiper Stock Exchange) – Abercrombie & Fitcha US fashion house focused primarily on youth casual fashion, closed its second quarter of fiscal year 2023 (ended July 29, 2023) with net…
Hawaiian Electric, Fitch also cuts rating to “junk” after fires
(Tiper Stock Exchange) – Fitch Ratings downgraded the Long-Term Issuer Default Rating (IDR) by Hawaiian Electric Industries (HEI) to “B” from “BBB+” and Hawaiian Electric Company (HECO) long-term IDR to…
Banks, Fitch: extra profit tax will affect profits but will not affect ratings
(Finance) – The announcement of a tax on the extra profits of Italian banksin the form of a levy aimed at increasing the interest margin (NII) achieved by institutions thanks…
Debt: why the Fitch agency downgrades the United States’ rating
A first since 2011. The United States lost its precious AAA rating on Tuesday, August 1, the Fitch agency having downgraded it by one notch, to AA +, blaming in…
Fitch confirms rating on Brebemi bond at BB+ with negative outlook
(Finance) – Fitch Ratings has confirmed the senior secured notes of Brebemi Project Company at “BB+“. L’outlook is negative. The affirmation of the judgment considers the recent positive traffic performance…
Stellantis, Fitch improve rating to BBB+ with stable outlook
(Finance) – Fitch has improved the ratings Of Stellantisone of the world’s leading automobile manufacturers, at “BBB+” from “BBB”, with outlook “stableThe upgrade reflects Stellantis’ continued strong financial profile, underpinned…
Italy, Fitch raises growth estimates for 2023. Reduced for 2024
(Tiper Stock Exchange) – Fitch revised upwards its growth forecasts for Italy, with GDP now expected at +1.1% by the end of 2023. This is what emerges from the Global…