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A new year for the ratings agencies
S&P, Moody's, and Fitch are the giants among credit ratings agencies. They have struck fear in EU politicians and inspired criticism. Could a new European ratings agency correct the balance?

Brits put credit ratings at risk
More than one in six (17% or 8 million) Brits missed a payment for at least one bill in the past 12 months, potentially putting their credit profiles at risk.

Fitch Comments on Proposed Alternatives to Credit Ratings for U.S. Risk Based Capital Calculations
Today Fitch Ratings submitted a comment letter to the Federal Reserve Board on U.S. bank regulators' jointly proposed alternatives to credit ratings for the calculation of

A.M. Best Affirms Ratings of Industrial Alliance Insurance and Financial Services, Inc. and Its Subsidiaries
A.M. Best Co. has affirmed the financial strength rating of A and issuer credit ratings of “a+” of Industrial Alliance Insurance and Financial Services Inc. and its subsidiary, Industrial Alliance Pacific Insurance and Financial Services Inc.

A.M. Best Affirms Ratings of The Progressive Corporation and Its Subsidiaries
A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of “aa” of the Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group and their respective members.

Fitch Upgrades Brixmor LLC's IDR to 'BB-'; Outlook Stable
Fitch Ratings has upgraded the credit ratings of Brixmor LLC as follows:

European regulators unveil credit rating database
European securities regulators have unveiled a free, public database of credit ratings, in an effort to improve ratings transparency and investor protection.

A.M. Best Affirms Ratings on Allstate
Last week, the ratings agency, A.M. Best Co. affirmed the issuer credit ratings and debt ratings of Allstate Corporation and its subsidiaries.

Big four warned on credit ratings - Fitch
THE big four banks may know by April if their credit ratings have been downgraded because of their funding dependence on global debt markets, Fitch says.

Fitch downgrades credit ratings for 5 EU nations
U.S. ratings agency Fitch says it is downgrading the credit ratings for five European nations including leading economic heavyweights Italy and Spain.






TEXT-S & P puts Las Vegas Sands ratings on watch positive - Reuters

TEXT-S &P puts Las Vegas Sands ratings on watch positive
Reuters
s financial profile has improved to the point where the company may be able to maintain credit measures in line with a higher rating, even incorporating aggressive development spending over time. -- We are placing our'BB' corporate credit rating , ...
S &P Puts Las Vegas Sands On Watch For Possible Upgrade Wall Street Journal (India)
S &P Places Las Vegas Sands (LVS) BB Rating on CreditWatch Positive StreetInsider.com (subscription)

all 3 news articles   & raquo;


AM Best Downgrades and Places Ratings of Ullico Casualty Company Under Review ... - MarketWatch (press release)

AM Best Downgrades and Places Ratings of Ullico Casualty Company Under Review ...
MarketWatch (press release)
OLDWICK, NJ, Feb 07, 2012 (BUSINESS WIRE) -- AM Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to "bb+ " from "bbb- " of Ullico Casualty Company (Ullico Casualty) (headquartered in the District ...

and more   & raquo;


Fiat ' s Credit Rating In Jeopardy As Italian Austerity Hits Demand - Forbes

Forbes

Fiat's Credit Rating In Jeopardy As Italian Austerity Hits Demand
Forbes
While Ford Motor appears to be on track to reclaim an investment grade rating, rival Chrysle's Italian parent is at risk of a downgrade. Standard & Poor's put Fiat's BB long-term corporate credit rating for the carmaker on creditwatch negative Monday, ...
S &P Puts Fiat On "CreditWatch ", Sees Possible Downgrade Wall Street Journal
TEXT-S &P places Fiat on creditwatch negative on difficult markets Reuters
Fiat Credit -Default Swaps Rise on Downgrade Warning From S &P Bloomberg
AFP
all 26 news articles   & raquo;


S & P RTS HCA INC. $750 MIL. SR SEC NOTES ' BB ' ; RECOVERY RTG ' 1 ' - Reuters

S &P RTS HCA INC. $750 MIL. SR SEC NOTES'BB'; RECOVERY RTG'1'
Reuters
based for-profit hospital company HCA Inc.'s new $750 million senior secured notes due 2022 its'BB' issue-level rating (two notches higher than the'B+' corporate credit rating on the company). We also assigned the credit facility a recovery rating of ...

and more   & raquo;


Briefs: Moody ' s gives Honda ' s credit negative rating - The Detroit News

INAUTONEWS

Briefs: Moody's gives Honda's credit negative rating
The Detroit News
Honda Motor Co . and its affiliates' credit rating outlook was cut to negative from stable Monday by Moody's Investors Service on concern the automaker faces "significant challenges " in regaining its market share. The carmaker's rating could be reduced ...
Impact: Moody's changes Honda's rating outlook to negative INAUTONEWS

all 6 news articles   & raquo;


TEXT-S & P revises Speedway Motorsports outlook to stable - Reuters

TEXT-S &P revises Speedway Motorsports outlook to stable
Reuters
We are revising our rating outlook to stable from negative and affirming our'BB' corporate credit rating on the company. -- The stable rating outlook reflects our view that attendance levels could begin to stabilize in 2012, which, together with a ...

and more   & raquo;


TEXT-S & P rates Ford Credit Floorplan Master Owner A 2012-2 - Reuters

TEXT-S &P rates Ford Credit Floorplan Master Owner A 2012-2
Reuters
We assigned our preliminary ratings to the class A, B, C, and D notes. -- The preliminary ratings reflect our view of the transaction's credit support, payment and legal structures, and pool characteristics, among other factors.

and more   & raquo;


What Credit Ratings Don ' t Tell You - BullionVault

What Credit Ratings Don't Tell You
BullionVault
WE HAVE seen credit ratings agencies come under considerable fire for not being proactive enough in recognizing bad sovereign risks, writes David Howden for the Cobden Centre. Even if the ratings agencies were a little quicker with the downgrades, ...



Credit rating agencies weigh in on independent Scotland - Left Foot Forward

Scotsman

Credit rating agencies weigh in on independent Scotland
Left Foot Forward
The three major credit ratings agencies have told the Financial Times that an independent Scotland would not be able to count on receiving a triple-A status, echoing doubts raised last month, but adding fuel to concerns that the agencies have too much ...
Scottish independence: Government'entirely confident' of top credit rating ... Scotsman
Scotland would not lose vital triple-A credit rating after independence, vows SNP Scottish Daily Record
Scotland's credit rating becomes an issue New Statesman (blog)
stv.tv  - Telegraph.co.uk  - BBC News
all 75 news articles   & raquo;


Qantas Warns of Credit-Rating Cut If Australia Changes Law - BusinessWeek

Wall Street Journal

Qantas Warns of Credit - Rating Cut If Australia Changes Law
BusinessWeek
6 (Bloomberg) -- Qantas Airways Ltd., Australia's biggest carrier, said it may lose its investment-grade credit rating and be forced to sell its Jetstar unit if Australia changes laws affecting the company. The airline must “adapt or die” in the face ...
Qantas: Profit Must Improve to Retain Rating Wall Street Journal
Qantas CEO says profit improvement important MarketWatch
Qantas CEO Says Profit Must Improve To Fund Fleet Renewal Fox Business
Bloomberg
all 318 news articles   & raquo;






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The Standard & Poor's Guide to Measuring and Managing Credit Risk
by: Arnaud de Servigny, Olivier Renault
publisher: McGraw-Hill, released: 26 March, 2004
price: $40.95 (new), $32.46 (used)
Your Credit Score: How to Fix, Improve, and Protect the 3-Digit Number that Shapes Your Financial Future (2nd Edition) (Liz Pulliam Weston)
by: Liz Pulliam Weston
publisher: FT Press, released: 25 January, 2007
price: $12.91 (new), $12.07 (used)
The Basel II Risk Parameters: Estimation, Validation, and Stress Testing
by: Bernd Engelmann, Robert Rauhmeier
publisher: Springer, released: 29 August, 2006
price: $53.85 (new), $49.99 (used)
Credit Repair Kit For Dummies
by: Stephen R. Bucci
publisher: For Dummies, released: 12 December, 2005
price: $16.49 (new), $12.88 (used)
The Complete Credit Repair Kit (+CD-ROM) (Complete Credit Repair Kit)
by: Brette McWhorter Sember
publisher: Sphinx Publishing, released: 01 July, 2005
price: $13.57 (new), $10.17 (used)



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