would unsettle the difficult transition process between now and the middle of 2005.
Specification of required qualifications for ratings
analysts, probably by an internal team or group, that will include accounting, financial, management and industry experience and education.
I don't think any ratings
company had any idea about Enron," he says.
Under Review (u) Rating
Modifiers are assigned to Best's Ratings
and Financial Performance Ratings
to identify companies whose rating
opinions are Under Review and may be subject to near-term change.
are available on the agency's public site, www.
action follows the filing of amended financial statements with the Securities and Exchange Commission and the concurrent delivery of financial information by Cablevision to it's lender group and bond holders.
Foreign currency IDR upgraded to 'BBB-' Rating
Outlook Stable, from 'BB+' Rating
The upgrade of the Local currency long-term IDR of Banco do Brasil and Banco da Amazonia as well as the upgrade of the national ratings
of the latter are driven by potential support from local authorities as well as the improved financial performance over recent years and the historical deposit stability exhibited by Banco do Brasil.
Many Brazilian corporate ratings
continue to be linked to the 'BB' foreign currency IDR of the sovereign.
actions reflect Fitch's belief that CBCF will be successful in its efforts to minimize attrition of RBNC customers.
Consequently, the ratings
of RBTT Financial were affirmed at their current levels.
action follows recent discussions with the senior management of HNT, and reflects Fitch's implementation of its new ratings
standards for the U.