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Shares of Chemed Corp. slipped Monday after a Deutsche Bank analyst downgraded the company, saying higher costs and recessionary pressures could weaken both its hospice care and plumbing segments.
Analyst upgrades apartment REIT sector (AP)
A Keefe, Bruyette & Woods Inc. analyst upgraded his stance on the apartment real estate investment trust sector to "Neutral" from "Underweight" based on its strong first quarter and improving
Fitch Ratings: Evaluating Basel II Asset Correlations Empirically (Business Wire)
NEW YORK & LONDON----A new report by Fitch demystifies the Basel II treatment of asset correlation and provides original empirical analysis of the correlation values assumed under the internal-ratings based
Fitch: Global Wireless Growth Slowing, But Still Strong in Many Developing Markets (Business Wire)
NEW YORK & LONDON----In Fitch Ratings' review of 72 operators from 27 different countries, total aggregate wireless subscribers reached 1.681 billion for 2007, representing an annual growth of 17.6%, which
Monaco Coach rises on RBC upgrade (AP)
Shares of Monaco Coach Corp. rose on Monday, after an analyst upgraded the recreational vehicle company on a decline in the share price, despite overall softness in the sector.
Opening Glance: Rails, shippers jump after upgrade (AP)
Shares of railroads hit highs Monday, as a Stifel Nicolaus analyst upgraded Union Pacific Corp. to "Buy," and raised 12-month target prices for two other rail companies. Package shippers also
Fitch Rates Manhattan, Kansas’ GOs ‘AA+’; Outlook Stable (Business Wire)
NEW YORK----Fitch Ratings has assigned an 'AA+' rating to Manhattan, Kansas's $15,385,000 general obligation bonds series 2008-A and $2,525,000 GO Refunding Bonds series 2008-B . The bonds will sell by
Fitch Webcast: U.S. Housing At a Crossroads; May 21 @ 12:30 (Business Wire)
NEW YORK----Fitch Ratings will be holding a webcast on Wednesday afternoon May 21 at 12:30 p.m. ET to discuss the latest rating developments in both the U.S. commercial and residential
Fitch Affirms WellPoint Inc.’s IDR at ‘A’; Outlook Negative (Business Wire)
CHICAGO----Fitch Ratings has affirmed the Long Term Issuer Default Rating of WellPoint, Inc. at 'A', and has affirmed the Insurer Financial Strength Ratings of WellPoint's operating subsidiaries at 'AA-'.
Fitch Rates SMUD’s $510MM Series U Elec Refg Revs ‘A’; Outlook to Stable (Business Wire)
NEW YORK----Fitch assigns an underlying 'A' rating to Sacramento Municipal Utility District's approximately $510 million, 2008 series U electric revenue refunding bonds . Fitch also affirms SMUD's $1.5 billion parity
