Business News 4th May Sunday 20:46 2008

Fitch Rates Gundersen Lutheran, Wisconsin’s $89.3MM 2008 Revs ‘A+’; Outlook to Positive (Business Wire)

CHICAGO----Fitch Ratings has assigned an underlying 'A+' rating to the Wisconsin Health and Educational Facilities Authority's approximately $89.3 million of hospital revenue bonds, , series 2008A and series 2008B.

May 4th, 2008 | Categories: Business

Fitch Affirms Livingston Parish (Louisiana) 2004 GOs at ‘A’ (Business Wire)

AUSTIN, Texas----As part of ongoing surveillance, Fitch affirms the rating for Livingston Parish, Louisiana general obligation bonds, series 2004 bonds at 'A'. This action affects approximately $8.3 million in outstanding

May 4th, 2008 | Categories: Business

Fitch Affs Mass. Ed. Fin. Auth., 1997 General Resolution at ‘AAA’; Removed from Watch Negative (Business Wire)

NEW YORK----Fitch affirms the ratings on the Massachusetts Educational Financing Authority , 1997 General Resolution, at 'AAA', as listed below. The affirmation is based upon Fitch's review of the transaction's

May 4th, 2008 | Categories: Business

Ambac Remains in Compliance with Covenants under $400 million Credit Facility (Business Wire)

NEW YORK----Ambac Financial Group, Inc. today announced that Ambac and Ambac Assurance remain in full compliance with the terms and conditions of their $400 million credit facility which remains undrawn.

May 4th, 2008 | Categories: Business

Fitch Downgrades $1,413MM from Bernoulli High Grade CDO I, Ltd./Inc. (Business Wire)

NEW YORK----Fitch downgrades six classes of notes issued by Bernoulli High Grade CDO I, Ltd./Inc. .

May 4th, 2008 | Categories: Business

Fitch Assigns San Francisco (California) Int’l Airport $427MM Rev Rfdg Bonds ‘A’; Outlook Positive (Business Wire)

SAN FRANCISCO----Fitch Ratings assigns an underlying 'A' rating to the Airport Commission, City and County of San Francisco, CA, San Francisco International Airport , Second Series variable rate revenue refunding

May 4th, 2008 | Categories: Business

Wall Street looks for more evidence to justify a rally (AP)

Wall Street goes into the new week in an upbeat mood, with investors growing more confident that the economy and the financial markets are heading toward a second-half recovery.

May 4th, 2008 | Categories: Business

Premarket Roundup: Sun Microsystems, RadioShack (AP)

Analysts slashed estimates and price targets on Sun Microsystems Inc. Friday, the day after the server and software maker's fiscal third-quarter loss and flat fiscal fourth-quarter revenue guidance shocked investors.

May 4th, 2008 | Categories: Business

National City faces lawsuit over investment deal (AP)

An Ohio newspaper's parent company, which owns stock in National City Corp., has sued seeking to block a $7 billion deal that is expected to rescue the bank from bad

May 4th, 2008 | Categories: Business

ADP shares fall as analysts say growth may slow (AP)

Shares of Automatic Data Processing Inc. fell Friday as several analysts warned of slower growth going forward. Late Thursday, the Roseland, N.J.-based outsourcing services company said its fiscal third-quarter profit

May 4th, 2008 | Categories: Business

Insurances & Business

Archive May/2008

Fitch Rates Gundersen Lutheran, Wisconsin’s $89.3MM 2008 Revs ‘A+’; Outlook to Positive (Business Wire)

Fitch Affirms Livingston Parish (Louisiana) 2004 GOs at ‘A’ (Business Wire)

Fitch Affs Mass. Ed. Fin. Auth., 1997 General Resolution at ‘AAA’; Removed from Watch Negative (Business Wire)

Ambac Remains in Compliance with Covenants under $400 million Credit Facility (Business Wire)

Fitch Downgrades $1,413MM from Bernoulli High Grade CDO I, Ltd./Inc. (Business Wire)

Fitch Assigns San Francisco (California) Int’l Airport $427MM Rev Rfdg Bonds ‘A’; Outlook Positive (Business Wire)

Wall Street looks for more evidence to justify a rally (AP)

Premarket Roundup: Sun Microsystems, RadioShack (AP)

National City faces lawsuit over investment deal (AP)

ADP shares fall as analysts say growth may slow (AP)

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