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Press Releases

Zacks Bull and Bear of the Day Highlights: Principal Financial, Sohu.com, Bank of America, Wal-Mart and Sears Holding Corp.

Business Wire | 3 hours 52 minutes ago

Zacks Equity Research highlights Principal Financial (NYSE: PFG) as the Bull of the Day and Sohu.com (Nasdaq: SOHU) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bank of America (NYSE: BAC), Wal-Mart (NYSE: WMT) and Sears Holding Corp. (Nasdaq: SHLD).... (more)

Fitch Rates Oglethorpe Power's (Georgia) $115MM Pollution Control Revs 'A'; Outlook Stable

Business Wire | 3 hours 52 minutes ago

Fitch Ratings has assigned an unenhanced 'A' rating to the following Georgia Development Authority pollution control revenue bonds to be issued on behalf of Oglethorpe Power Corporation (OPC):... (more)

Fitch Downgrades MSC 2006-SRR2; Removes from Watch Negative

Business Wire | 4 hours 22 minutes ago

Fitch Ratings has downgraded and removed from Rating Watch Negative 17 classes issued by MSC 2006-SRR2 as a result of significant negative credit migration of the commercial mortgage backed securities (CMBS) collateral within the reference portfolio. A complete list of rating actions follows at the end of this press release.... (more)

Fitch Downgrades Abacus 2007-18; Removes from Watch Negative

Business Wire | 6 hours 22 minutes ago

Fitch Ratings has downgraded and removed from Rating Watch Negative five classes issued by Abacus 2007-18 as a result of significant negative credit migration of the commercial mortgage backed securities (CMBS) collateral within the reference portfolio. A complete list of rating actions follows at the end of this press release.... (more)

Fitch Affirms Grupo Mexico, Southern Copper & Americas Mining on Asarco Ruling

Business Wire | 7 hours 52 minutes ago

Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and outstanding debt ratings of Grupo Mexico and its subsidiaries as follows:... (more)

RidgeviewTel and StarNet Partner to Secure and Operate Longmont Wi-Fi Network

PRNewswire | 7 hours 52 minutes ago

... (more)

eBay Brings the World s Biggest Online Marketplace to New York s Premier Shopping Destination this Holiday Season

Business Wire | 7 hours 52 minutes ago

eBay @ 57th Street... (more)

Fitch Downgrades and Withdraws the Ratings on Tigris CDO 2007-1, Ltd./LLC.

Business Wire | 8 hours 22 minutes ago

Fitch Ratings has downgraded and withdrawn the ratings of seven classes of notes issued by Tigris CDO 2007-1, Ltd./LLC. (Tigris 2007-1) as a result of liquidation of the portfolio. The details of the rating action follow at the end of this press release.... (more)

Fitch Downgrades 3 and Affirms 3 Classes of Vertical ABS CDO 2006-2, Ltd./Corp.

Business Wire | 8 hours 22 minutes ago

Fitch Ratings has downgraded three and affirmed three classes of notes issued by Vertical ABS CDO 2006-2, Ltd./Corp. (Vertical 2006-2) as a result of continued credit deterioration in the portfolio since the last review in August 2009. The details of the rating action follow at the end of this press release.... (more)

Fitch Affirms Bon-Ton's IDR at 'B-'; Outlook to Stable from Negative

Business Wire | 10 hours 22 minutes ago

Fitch Ratings has affirmed the following ratings for Bon-Ton and revised the Rating Outlook to Stable from Negative. The Outlook revision reflects Bon-Ton's success in amending and extending its credit facility, thus alleviating concerns around liquidity.... (more)

FunMail Now Available: Free iPhone App Allows Consumers to Visualize Any Tweet, Text and or Message

Business Wire | 11 hours 52 minutes ago

A picture is worth a thousand words, and now that descriptive power lies in the hands of iPhone, Twitter and Facebook users worldwide.... (more)

Kijiji.com Helps Consumers Free up Space and Cash for a Stress-Free Holiday Season

Business Wire | 12 hours 22 minutes ago

The holiday season is a time of joy, thanks and togetherness, filled with delicious food, good company and the gifts you’ve been coveting all year long. However, a recent survey conducted by Kijiji.com, eBay’s free, local classifieds Web site and Chadwick Martin Bailey, a custom research and consulting firm, found that the cost and clutter of the holiday season leaves many Americans feeling stressed out.... (more)

Fitch Affirms 2 and Downgrades 2 Classes of Porter Square CDO II, Ltd./Inc.

Business Wire | 1 day 3 hours 51 minutes ago

Fitch Ratings has downgraded two and affirmed two classes of notes issued by Porter Square CDO II, Ltd./Inc. (Porter Square II) as a result of continued credit deterioration in the portfolio since last review in February 2009. Approximately 76.7% of the portfolio has been downgraded since that time. The details of the rating action follow at the end of this press release.... (more)

Fitch Assigns 411 Loss Severity Ratings to U.S. CMBS Bonds

Business Wire | 1 day 5 hours 52 minutes ago

Fitch Ratings assigns 411 Loss Severity (LS) Ratings to U.S. CMBS bonds in 22 fixed-rate, vintage 2006 to 2008 transactions. The assignments follow the recent reviews of these transactions and correspond to Fitch's 'Criteria for Structured Finance Loss Severity Ratings' dated Feb. 17, 2009.... (more)

Inuvo to Host Third Quarter Conference Call on November 23, 2009

Business Wire | 1 day 8 hours 22 minutes ago

Inuvo™ (NYSE Amex: INUV) announces that it will release earnings for third quarter 2009 on Monday, November 23, 2009. Richard K. Howe, Chief Executive Officer, and Gail L. Babitt, Chief Financial Officer, will then host a conference call at 4:00 p.m. Eastern Time to review these results.... (more)

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