S&P Affirms Ratings, Comments on Aviva plc (AV) Following Move to Acquire Friends Life Group Nov 26, 2014 10:25AM

Standard & Poor's Ratings Services said today that it affirmed its 'A+' long-term counterparty credit and financial strength ratings on the core operating entities across the Aviva group, including the 'A-' long-term counterparty credit rating on the holding company, Aviva plc (NYSE: AV). The outlook on all core operating entities and the holding company is stable.

On Nov. 21, 2014, Aviva PLC and Friends Life Group announced that discussions about the possible all-share... (continue reading...)


Moody's Lowers Outlook on RenaissanceRe (RNR) to Negative Following Platinum Underwriters (PTP) Deal Nov 25, 2014 02:25PM

Moody's Investors Service has affirmed the ratings of RenaissanceRe Holdings Ltd. (NYSE: RNR) and its subsidiaries (see complete list below), and changed the rating outlook to negative (from stable), after the company entered into an agreement to acquire Platinum Underwriters Holdings Ltd. (NYSE: PTP)(not rated). The negative outlook reflects Moody's opinion of the uncertain benefits and higher financial leverage from the combination. As part of its review, Moody's will... (continue reading...)


UPDATE: S&P Lowers Outlook on Armstrong World (AWI) to Stable; Sees Lower Sales, EBITDA in FY14, FY15 Nov 25, 2014 12:58PM (Updated - November 25, 2014 12:58 PM EST)

Standard & Poor's Ratings Services said today it revised its rating outlook on Lancaster, Pa.-based Armstrong World Industries Inc. (NYSE: AWI) to stable from positive. At the same time, we affirmed our 'BB' corporate credit rating on the company and our 'BB' issue ratings on the company's senior secured debt.

The outlook revision to stable from positive reflects lower projected sales and EBITDA in 2014 and 2015 than previously... (continue reading...)


UPDATE: S&P Lowers Outlook on Armstrong World (AWI) to Stable; Sees Lower Sales, EBITDA in FY14, FY15 Nov 25, 2014 12:58PM (Updated - November 25, 2014 12:58 PM EST)

Standard & Poor's Ratings Services said today it revised its rating outlook on Lancaster, Pa.-based Armstrong World Industries Inc. (NYSE: AWI) to stable from positive. At the same time, we affirmed our 'BB' corporate credit rating on the company and our 'BB' issue ratings on the company's senior secured debt.

The outlook revision to stable from positive reflects lower projected sales and EBITDA in 2014 and 2015 than previously... (continue reading...)


Fitch Affirms Cigna's (CI) IDR at 'A-'; Updates on Key Rating Drivers Nov 25, 2014 12:13PM

Fitch Ratings has affirmed Cigna Corporation's (Cigna) (NYSE: CI) Issuer Default Rating at 'A-' and unsecured senior debt ratings at 'BBB+'. In addition, Insurer Financial Strength (IFS) ratings of various Cigna subsidiaries are affirmed at 'A+'. The Rating Outlooks are Stable. A complete list of rating actions is at the end of this release.

KEY RATING DRIVERS

Cigna's ratings reflect its large market position, solid profitability and well capitalized operating companies.... (continue reading...)


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Nov 25, 2014 11:20AM S&P Affirms Ratings on Boston Scientific (BSX); Business Risk Raised to 'Strong'
Nov 24, 2014 03:36PM S&P Affirms Ratings on RenaissanceRe (RNR); Places Platinum Underwriters (PTP) on CreditWatch Negative
Nov 24, 2014 02:06PM Moody's Rates Perrigo's (PRGO) Latest Notes Offering at 'Baa3'
Nov 24, 2014 12:35PM S&P Removes Breitburn Energy Partners (BBEP) from CreditWatch; Outlook Remains Negative
Nov 24, 2014 11:53AM Moody's Upgrades Seagate (STX) to 'Baa3'
Nov 21, 2014 02:27PM S&P Raises Enbridge Energy Partners (EEP) to 'BBB+'; Reflects Revised Criteria, Support from Parent
Nov 21, 2014 02:16PM Moody's Revises Outlook on Valeant Pharma (VRX) to Stable; Affirms Ratings
Nov 21, 2014 10:49AM S&P Raises L-T Rating on Regions Financial (RF) to 'BBB'; S-T to 'A-2'
Nov 20, 2014 11:54AM S&P Raises Central European Media Enterprises (CETV) to 'B+' (TWX)
Nov 19, 2014 09:07AM S&P Raises CCR on Westmoreland Coal (WLB) to 'B'; Notes Committed Sales Position Over Next Year
Nov 18, 2014 03:33PM S&P Raises Meritor's (MTOR) CCR to 'B+'; Note Firmer Debt Leverage, Expects Credit Measures to Improve
Nov 18, 2014 11:29AM Willbros Group (WG) Ratings Affirmed byS&P; Sees Improving Performance Over Next Several Years
Nov 18, 2014 10:22AM Moody's Sees MBIA (MBI), Assured Guaranty (AGO) Able to Absorb Potential PREPA Losses
Nov 18, 2014 09:45AM Arch Capital Group Ltd (ACGL) Ratings Affirms by S&P
Nov 18, 2014 09:39AM Fitch Sees Macau Gaming Revenue Growth Flat in 2014, Negative in FY15 (MGM) (WYNN) (LVS)
Nov 17, 2014 02:43PM S&P Raises CCR on Huntington Ingalls (HII) to 'BB+'; Profitability, Cash Flow Improving Faster than Expected
Nov 17, 2014 12:10PM Fitch Affirms Ratings on Actavis (ACT) Following Allergan (AGN) Bid
Nov 17, 2014 10:43AM Moody's Lifts Outlook on Alcatel-Lucent (ALU) to Positive; Expects Credit Metrics to Continue Improving
Nov 17, 2014 09:53AM Moody's Sees Procter & Gamble's (PG) Duracell Sale as Credit-Negative Event
Nov 14, 2014 03:38PM Mobile Mini (MINI) Ratings Places on CreditWatch Negative by S&P
Nov 14, 2014 10:40AM American Realty Capital Properties (ARCP) Ratings Remain on CreditWatch Negative - S&P
Nov 13, 2014 02:47PM S&P Assigns Unsolicited 'BB-' Rating to Twitter (TWTR); Sees Ongoing Growth in MAUs, Revenue
Nov 13, 2014 12:52PM Rayonier (RYN) Corp. Rating Lowered to 'BBB-' at S&P
Nov 13, 2014 12:34PM S&P Raises Outlook on Sprouts Farmers Market (SFM) to Positive; Notes Improving Credit Metrics
Nov 12, 2014 10:46AM S&P Upgrades Service Corp (SCI) to 'BB+'; Sees Maintaining Financial Leverage at Appropriate Levels
Nov 11, 2014 02:12PM Moody's Lowers Outlook on North American Manufacturing Sector to Stable
Nov 11, 2014 12:37PM S&P Raises Unsecured Rating on Rosetta Resources (ROSE) to 'BB-'; Outlook Stable
Nov 11, 2014 10:59AM S&P Removes B/E Aerospace (BEAV) from CreditWatch Developing; Affirms Ratings
Nov 10, 2014 03:50PM S&P Lowers Outlook on AT&T (T) to Negative
Nov 10, 2014 11:36AM Moody's Raises SUPERVALU, Inc. (SVU) CFR to 'B1'; Credit Profile Continues Showing Improvement
Nov 7, 2014 10:06AM Genworth Financial (GNW) Declines After S&P Cuts Credit Rating to Junk
Nov 7, 2014 10:01AM S&P Cuts Genworth Financial (GNW) to 'BB+'
Nov 6, 2014 09:59AM Cott Corp. (COT) Ratings Affirmed by Moody's Amid DS Services of America Acquisition News
Nov 5, 2014 03:02PM S&P Assigns 'B' Rating to TIBCO Software (TIBX); Sees Cost-Saving Opportunities, Adequate Liquidity
Nov 5, 2014 11:48AM Moody's Affirms CME Group (CME) at 'Aa3'; Reflects Consistently Strong, Market Leading Position
Nov 5, 2014 11:36AM Cytec Industries (CYT) Unsecured Notes Offering Rated 'BBB-' at S&P
Nov 4, 2014 02:25PM National CineMedia (NCMI) Ratings Places on CreditWatch Negative by S&P
Nov 4, 2014 12:07PM S&P Assigns 'AA+' Rating to Apple's (AAPL) Senior Unsecured Notes Offering
Nov 3, 2014 03:25PM UPDATE: S&P Cuts Avon Products (AVP) to Junk
Nov 3, 2014 03:25PM UPDATE: S&P Cuts Avon Products (AVP) to Junk
Nov 3, 2014 12:45PM S&P Affirms L-T Ratings on Validus Holdings (VR); ERM Being Used Effectively
Nov 3, 2014 12:02PM Lab Corp. (LH) Placed on CreditWatch Negative by S&P; Cites Covance (CVD) Deal
Nov 3, 2014 11:26AM S&P Raises UnitedHealth Group (UNH) to 'A+'; Business Profile Strong vs. Peers
Oct 31, 2014 02:40PM S&P Assigns 'B' Rating to AMAG Pharma (AMAG)
Oct 31, 2014 10:54AM CubeSmart (CUBE) Raised to 'BBB' by S&P; Outlook Stable
Oct 30, 2014 02:57PM S&P Raises Counterparty, Issue Ratings on Fidelity National Financial (FNF) to 'BBB'
Oct 30, 2014 11:52AM Fitch Sees Gradual Rise in Rates as Positive for U.S. Banks
Oct 29, 2014 03:02PM UPDATE: American Realty Capital Properties (ARCP) may be cut to junk by S&P
Oct 29, 2014 03:02PM UPDATE: American Realty Capital Properties (ARCP) may be cut to junk by S&P
Oct 29, 2014 11:03AM S&P Lowers Subprime, Special Rankings on Ocwen Loan Servicing (OCN); Outlook Negative
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