Fitch: Brazilian Corporates on Negative Outlook for 2017; Downgrades to Outpace Upgrades

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: Brazilian Corporates (Challenges to Persist)https://www.fitchratings.com/site/re/890994 The 2017 outlook for Brazilian corporates is negative, with cash flow from operations not ex... Read more »

Fitch: DOL Fiduciary Rule Effects on Wealth Managers Will Vary

NEW YORK & CHICAGO--(BUSINESS WIRE)--Wealth managers will see differing costs and benefits from the introduction of the Department of Labor's (DOL) "fiduciary rule" as they roll out varying strategies in response to... Read more »

A.M. Best Downgrades Credit Ratings of Wapic Insurance Plc

LONDON--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Ratings to “b+” from “bb-” of Wapic Insurance Plc (Wapic) (Nigeria), the... Read more »

Fitch Affirms Centene Ratings at ‘BBB’; Revises Outlooks to Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings assigned to various Centene Corporation (CNC) insurance company subsidiaries at 'BBB'. The Rating Outlooks have been revised to Stable from Negative.... Read more »

Correction: Fitch Takes Various Rating Actions on SLM 2003-12

NEW YORK--(BUSINESS WIRE)--(This is a correction of a release published on Dec. 9, 2016. It clarifies that the class B note was not on Rating Watch Negative as stated in the original... Read more »

Fitch: Battle for Customers Persists in 2017 for U.S. Retail, Restaurants

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: U.S. Retail and Restaurants (Sector Challenges Force Business Model Transformations) https://www.fitchratings.com/site/re/891724 U.S. retailers and restaurants will continue to fac... Read more »

Fitch: Modest Top Line Growth to Provide Stability to Consumer & FBT Sectors in 2017

NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects overall rating stability for the Consumer and Food, Beverage & Tobacco (FBT) sectors in 2017 based on modest top-line growth, a benign commodity cost environment and a... Read more »

Fitch Rates Communications Sales & Leasing Inc.’s Unsecured Debt Offering ‘BB-/RR4’; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BB-/RR4' rating to Communications Sales & Leasing, Inc.'s (CS&L) senior unsecured debt offering. CS&L is offering approximately $400 million of senior unsecured notes due 2024 and... Read more »

Fitch: Strong Performance to Continue for U.S. Toll Roads

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Peer Review of U.S. Toll Roads (Attribute Assessments, Metrics, and Ratings)https://www.fitchratings.com/site/re/890961 Some U.S. toll road projects may be in line for upward rating activity hea... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to FREMF 2016-K60 and Freddie Mac Structured Pass-Through Certificates K-060

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to nine classes of FREMF Series 2016-K60 mortgage pass-through certificates and five classes of Freddie Mac... Read more »