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2009-11-24 23:54
Fitch Downgrades ARMSS 2004-1; Assigns Outlooks and LS Ratings
Fitch Ratings downgrades all classes of Arbor Realty Mortgage Securities Series 2004-1, Ltd./LLC (ARMSS 2004-1) reflecting Fitch's base case loss expectation of 46.3%. Fitch's performance expectation incorporates prospective views regarding commercial real estate market value and cash flow declines. ..
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2009-11-24 23:52
Fitch Places 9 Classes of CSFB 2003-CK2 on Watch Negative
Fitch Ratings has placed nine classes of Credit Suisse First Boston Mortgage Securities Corp., series 2003-CK2 on Rating Watch Negative due to expected losses and potential shortfalls associated with loans in special servicing (10.8%) as well as the potential for adverse selection with only 73 non-d ..
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2009-11-24 23:50
Con Edison to Receive Additional $45 Million in Smart Grid Stimulus Funding
NEW YORK, NY -- (Marketwire) -- 11/24/09 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) will receive an additional $45 million in smart grid stimulus funds from the U.S. Department of Energy (DOE), it was announced today.
This federal stimulus money will help fund a smart grid program ..
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2009-11-24 23:49
Fitch Downgrades Los Angeles, CA's $3B GO & Lease Debt; Outlook Revised to Negative
Fitch Ratings assigns an 'A+' rating to the following Municipal Improvement Corporation of Los Angeles (MICLA), CA's lease revenue bonds.
--$40.4 million series 2009-C (capital equipment) tax exempt;
--$21.5 million series 2009-D (recovery zone economic development bonds);
--$69.6 million ser ..
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2009-11-24 23:48
Ventas to Participate in the UBS 2009 Global Real Estate Conference
Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) said today that management will participate in a panel discussion at the UBS 2009 Global Real Estate Conference in London, England on Tuesday, December 1, 2009, at 2:00 p.m. Greenwich Mean Time (9:00 a.m. Eastern Time).
Any written materi ..
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2009-11-24 23:47
Fitch Downgrades Citizens Republic Bancorp; Outlook Negative
Fitch Ratings has downgraded the long-term Issuer Default Ratings (IDRs) for Citizens Republic Bancorp, Inc. (CRBC) and its principal banking subsidiaries to 'B' and 'B+', respectively. The short-term ratings of 'B' are affirmed. Fitch has affirmed the individual rating for CRBC at 'D/E' and lowered ..
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2009-11-24 23:46
Media Advisory: Public Health Agency of Canada
OTTAWA, ONTARIO -- (Marketwire) -- 11/24/09 -- The Honourable Leona Aglukkaq, federal Minister of Health, Dr. David Butler-Jones, Chief Public Health Officer of Canada, and Dr. Danielle Grondin, Infectious Disease and Emergency Preparedness at the Public Health Agency of Canada will provide an upda ..
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2009-11-24 23:45
Fitch Affirms Halliburton's IDR at 'A-'; Outlook Stable
Fitch Ratings has affirmed Halliburton Company's (Halliburton; NYSE.
HAL) Issuer Default Rating (IDR) at 'A-' despite continued weak market conditions.
Fitch has affirmed the following ratings for Halliburton.
--Issuer Default Rating (IDR) at 'A-';
--Senior unsecured notes/debentures at 'A-'; ..
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2009-11-24 23:43
Fitch Rates New Jersey Building Authority $29MM Refunding Revs 'A+'; Outlook Stable
Fitch Ratings assigns an 'A+' rating to the New Jersey Building Authority's (the authority) $29,155,000 state building revenue refunding bonds, 2009 series B. The bonds, which are expected to be offered through negotiation on Nov. 25, are being issued to refinance certain outstanding bonds maturing ..
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2009-11-24 23:42
Vega Biofuels to Create Green Energy Products in South America
LONDON -- (Marketwire) -- 11/24/09 -- VEGA PROMOTIONAL SYSTEMS, INC. (PINKSHEETS: VGPR) announced plans today to build a biomass production facility in Brazil.
Vega recently announced it is developing a biomass facility in South Georgia to manufacture green energy products. The Company's pla ..
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2009-11-24 23:41
NTS Realty Holdings Limited Partnership Announces Refinancing of Debt on Eight Multifamily Properties
LOUISVILLE, KY -- (Marketwire) -- 11/24/09 -- (NYSE Amex: NLP) - NTS Realty Holdings Limited Partnership (the "Company"), through 8 newly formed wholly-owned subsidiaries, has executed a Mortgage Loan Application (the "Application") with Holliday Fenoglio Fowler, L.P. ("HFF") for 8 mortgage loans u ..
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2009-11-24 23:40
Fitch Affirms KHESLC 2008 Series A Bond; Assigns Outlook and Loss Severity Rating
Fitch Ratings affirms at 'AA-' the Kentucky Higher Education Student Loan Corporation (KHESLC) Insured Student Loan Revenue 2008 series A bond issued under its 1983 General bond Resolution. Fitch also assigns a Stable Rating Outlook, given that the rating is expected to remain stable, and a Loss Sev ..
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2009-11-24 23:38
Applied Minerals, Inc. Commences Trading under New Symbol “AMNL”
Applied Minerals, Inc. (OTCBB: AMNL), formerly Atlas Mining Company, announced that effective today the shares of Applied Minerals, Inc. will trade under the new ticker symbol "AMNL." The change in ticker symbol is a result of the name change of Atlas Mining Company to Applied Minerals, Inc. and its ..
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2009-11-24 23:37
Fitch Downgrades RFC CDO 2006-1; Revises Outlooks & Assigns LS Ratings
Fitch Ratings downgrades ten classes of RFC CDO 2006-1, Ltd./LLC (RFC 2006-1), formerly known as CBRE Realty Finance CDO 2006-1, Ltd. / LLC, reflecting Fitch's base case loss expectation of 34.8%. Fitch's performance expectation incorporates prospective views regarding commercial real estate market ..
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2009-11-24 23:36
Fitch Rates BCAP LLC 2009-RR13 Trust
BCAP LLC 2009-RR13 Trust is rated by Fitch Ratings as follows.
--$50,088,000 class XV-A1 'AAA', Outlook Stable;
--$27,879,000 class XVI-A1 'AAA', Outlook Stable;
--$10,150,000 class XVII-A1 'AAA', Outlook Stable;
--$47,750,000 class XVII-A2 'AAA', Outlook Stable;
--$44,855,000 exchangea ..
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2009-11-24 23:35
Fitch Rates Denver Health and Hospital Authority, CO's Ser 2009A Revs 'BBB+'; Affirms Outstanding
Fitch Rating assigns a 'BBB+' rating to the expected issuance of up to $65 million in Denver Health and Hospital Authority, Colorado's (DHHA) healthcare revenue bonds, series 2009A. Fitch also affirms the 'BBB+' rating on DHHA's $198 million in outstanding debt. The Rating Outlook is Stable.
The se ..
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2009-11-24 23:34
Pillar Data Systems Customer Honored with InfoWorld’s Top 100 IT Projects of 2009 Award
Pillar Data Systems : http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.pillardata.com%2F&esheet=6107997&lan=en_US&anchor=Pillar+Data+Systems&index=1&md5=d71af220802bf94a71750b05f033ad0d congratulates its customer for winning one of InfoWorld’s Top 100 IT ..
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2009-11-24 23:33
Atlantic Power Announces Closing of Sales of Mid-Georgia and Stockton Projects
TORONTO, ONTARIO -- (Marketwire) -- 11/24/09 -- Atlantic Power Corporation (TSX: ATP.UN)(TSX: ATP.DB) ("Atlantic Power" or the "Company") announced today that it had completed the sale of its 50% interest in its 308 MW, combined-cycle Mid-Georgia Project for net cash proceeds of approximately $28 m ..
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2009-11-24 23:32
McCormick Announces Increase in Quarterly Dividend
The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) today declared an 8.3% increase in the quarterly dividend from $0.24 to $0.26 per share on its common stocks, payable January 15, 2010 to shareholders of record December 31, 2009. This marks the 24th consecutive year that the ..
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2009-11-24 23:30
Dreyfus High Yield Strategies Fund Declares Dividend
On November 24, 2009, the Board of Trustees of Dreyfus High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.035 per share of beneficial interest, payable on December 23, 2009 to shareholders of record at the close of business on December 9, 2009. T ..
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