Fitch Ratings

US stock futures are slightly lower this morning. Futures for the Dow Jones Industrial Average dropped 16 points to 12,474.00 and S&P 500 index futures fell 1.50 points to 1,314.20. Nasdaq 100 futures declined 2.25 points to 2,541.25. US stocks closed higher on Monday, with the Dow Jones...

Fitch Ratings lowered Japan to A+. Fitch also issued a negative outlook on Japan's credit rating.

Fast Yield Grabs With ETFs Pose Risks, Fitch Says (MINT) Fitch Ratings is out with a note today highlighting the popularity of and risks associated with short-term fixed-income ETFs. The ratings agency notes short-term fixed-income exchange-traded products market themselves as alternatives to...

Fitch Ratings lowered Japan's 2012 economic growth view to 1.9%, versus its earlier view of 2.2% growth.

Fitch Ratings downgraded its rating for Macquarie. Fitch lowered its long-term credit rating on Macquarie Group (OTC: MQBKY) from A to A- and cut its rating for Macquarie Bank from A+ to A. Macquarie Group shares closed at $27.36 yesterday.

Fitch Ratings downgraded three Australian banks. Fitch lowered its credit rating on Commonwealth Bank of Australia Ltd (OTC: CMWAY), Westpac Banking Corp (NYSE: WBK) and National Australia Bank Ltd (OTC: NABZY) by one notch from "AA" to "AA-".

Sony Corporation (NYSE: SNE) had its credit rating lowered by Standard & Poor's on Wednesday, with the credit rating agency citing Sony's weak profit outlook. The credit rating agency lowered Sony's rating one notch from A- down to BBB+, with a negative outlook. Sony, which was once one of the...

Fitch Ratings cut the long-term default ratings of Sears Holdings Corp (NASDAQ: SHLD). Fitch downgraded long-term default ratings of Sears from B to CCC, after the company announced its plans to close 100 to 120 Kmart and Sears stores. SHLD shares dropped 0.43% to $32.76 in the after-hours...

Fitch Ratings cut Citibank Korea Inc.'s Long-Term Foreign Currency Issuer Default Rating from 'A' to 'A-'. The outlook on the rating is stable.

Fitch Ratings raised Georgia's Long-term foreign and local currency Issuer Default Ratings to from 'B+' to 'BB-'. The outlooks on the ratings are stable. Fitch also upgraded the Country Ceiling to 'BB.' It also raised senior unsecured debt rating from 'B+' to 'BB-'.