Latest Press Release on credit

A.M. Best Affirms Ratings of Employers Holdings Inc. and Its Subsidiaries
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Employers Insurance Group (EMPLOYERS) and its four property/casualty pooling members, Employers Insurance Company of Nevada (

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Fitch: Bristol-Myers Squibb's Ratings Unlikely to be Affected by Mead Johnson Spin-off
CHICAGO - Fitch Ratings does not expect Bristol-Myers Squibb Co.'s (Bristol-Myers Squibb) announced spin-off of its remaining ownership in Mead Johnson Nutrition Co. (Mead Johnson) to have a material impact on Bristol-Myers Squibb's credit ratings. The proposed separat

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Westway Group, Inc. Announces $175 Million Credit Facility
NEW ORLEANS, Nov. 16 -- Westway Group, Inc. (OTC Bulletin Board: WTWG) announced today the signing of a new 3 year, $175 Million Senior Secured Revolving Credit Facility. The facility is being provided by a nine-bank syndicate led by JPMorgan Chase Bank, N.A. and...

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The Dallas100 Ranks Credit Answers #10 for the Fastest Growing Private Company
Credit Answers was recently named by the Dallas100 as the tenth fastest growing private company in the Dallas Metroplex. This prestigious award is only given to companies that meet a stringent set of standards including high business ethics.

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Veeco Upcoming Investor Events
PLAINVIEW, N.Y. - Veeco Instruments Inc. (Nasdaq: VECO) today announced the following upcoming Investor Relations events: Veeco management is scheduled to present on: Tuesday, December 1, 2009 at 9:00 AM MT at the Credit Suisse Annual Technology

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A.M. Best Affirms Ratings of Assurant, Inc. and Its Subsidiaries
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health insurance subsidiaries of Assurant, Inc. (Assurant) (New York, NY) [NYSE: AIZ]. Additionally, A.M. Best has

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Fitch Affirms 1 and Downgrades 3 Classes of Porter Square CDO I, Ltd./Inc.
NEW YORK - Fitch Ratings has downgraded three classes and affirmed one class of notes issued by Porter Square CDO I, Ltd./Inc. (Porter Square I) as a result of continued credit deterioration in the portfolio since last review in November 2007. Approximately 70% of the portfolio has been

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Credit Card Mailings Rise to Highest Level since December 2008
CHICAGO - The latest tentative sign of economic recovery? Credit card direct mail volume is back on the rise.

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Fitch Publishes U.S. CMBS Focus Report on MSCI 2008-TOP29
NEW YORK - Fitch Ratings has published its U.S. CMBS Focus Performance Report on Morgan Stanley Capital I Trust, series 2008-TOP29 (MSCI 2008-TOP29). The report provides a detailed and up-to-date perspective on key credit characteristics of the MSCI 2008-TOP29 transaction and property-level

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EDP Renewables Targets to Invest $4 Billion in American Wind Energy Generation Through 2012
Company executives credit U.S. commitment to a clean energy economy as key reason for private investment WASHINGTON, Nov. 18 /PRNewswire/ -- Officials from EDP and EDP Renewables, the world's second largest generator of wind energy in terms of market capi...

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Technology Credit Union Now Offers Jumbo Home Loans up to $1 Million
SAN JOSE, CA -- 11/17/09 -- Technology Credit Union (Tech CU) has announced it now offers adjustable rate home mortgages up to $1 million for buyers seeking an affordable home loan in the Bay Area's high-priced housing market. In today's ..

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Fitch Publishes U.S. CMBS Focus Report on CSMC 2007-C1
NEW YORK - Fitch Ratings has published its U.S. CMBS Focus Performance Report on Credit Suisse Commercial Mortgage Trust, series 2007-C1 (CSMC 2007-C1). The report provides a detailed and up-to-date perspective on key credit characteristics of the CSMC 2007-C1 transaction and property-level

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S, HL, STP were Biggest NYSE Stocks : by Penny Stock Pick Alert
(EMAILWIRE.COM, November 17, 2009 ) Dallas, TX - Sprint Nextel Corporation (NYSE:S) climbed up over 12.90% to end the day at $3.50 on a volume of 139.56 million shares as the company was upgraded by Credit Suisse from Neutral to Outperform. Sprint Ne..

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VerifySmart Receives Request from One of UK's Largest Banks
(EMAILWIRE.COM, November 17, 2009 ) November 17, 2009, New York, NY - Keros Capital Client, VerifySmart (TM) Corp. (VSMR: OTCBB): ( VerifySmart or the Company ), a global leader in secure and fraud free credit and debit payment processing services..

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VerifySmart Signs MOU with Consortium Headed by New York Financial Systems Executive Tony Cinotti
(EMAILWIRE.COM, November 17, 2009 ) November 17, 2009, New York, NY - Keros Capital Client, VerifySmart (TM) Corp. (VSMR: OTCBB): ( VerifySmart or the Company ), a global leader in secure and fraud free credit/debit card payment processing and tra..

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A.M. Best Affirms Ratings of Employers Holdings, Inc. and Its Subsidiaries
RENO, Nev., Nov. 17 -- Employers Holdings, Inc. (NYSE: EIG) (EMPLOYERS®) today announced insurance rating bureau A.M. Best has affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of "a-" of Employers Insurance Group and ...

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Fitch Downgrades 3 & Affirms 2 Classes of Northlake CDO I, Ltd./Corp.
NEW YORK - Fitch Ratings has downgraded three classes and affirmed two classes of notes issued by Northlake CDO I, Ltd./Corp. (Northlake I) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in September 2008. Approximately 52.8% of the portfolio

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CORRECTING and REPLACING New Version of FICO® Score Trends Service Gives Lenders Deeper Insight into Credit Risk
MINNEAPOLIS - Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: NEW VERSION OF FICO® SCORE TRENDS SERVICE GIVES LENDERS DEEPER INSIGHT INTO CREDIT RI

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Bankruptcy vs Debt Consolidation vs Debt Settlement: Debt Relief Explained
CHICAGO, IL -- 11/17/09 -- Credit card debt continues to be an acute pain in the collective side of the U.S. today. The weak job market and the highest unemployment rate in 26 years both exacerbate the issue.

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A.M. Best Affirms Ratings of Balboa Insurance Group and Its Members, Newport E&S Insurance Company, Balboa Life Insurance Company, Balboa Life Insurance Company of New York and General Fidelity Life Insurance Company
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength ratings (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of Balboa Insurance Group (Balboa) and its property/casualty members, Balboa Insurance Company (BIC), Meritplan Insuranc

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Fitch Downgrades 3 & Affirms 2 Classes of Porter Square CDO III, Ltd./Inc.
NEW YORK - Fitch Ratings has downgraded three and affirmed two classes of notes issued by Porter Square CDO III, Ltd./Inc. (Porter Square III) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in August 2008. Approximately 95.3% of the portfolio

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Ameristar Casinos Extends Maturity of Senior Revolving Loan Commitments
LAS VEGAS, NV -- 11/17/09 -- Ameristar Casinos, Inc. (NASDAQ: ASCA) announced today that it has extended the maturity date of $600 million of revolving loan commitments under its senior secured credit facility from November 10, 2010 to August 10, 2..

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TI Chief Financial Officer Kevin March to deliver keynote at Credit Suisse investor conference
DALLAS, Nov. 20 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NYSE: TXN) Senior Vice President and Chief Financial Officer Kevin March will deliver keynote remarks at the Credit Suisse Annual Technology Conference in Scottsdale, Ariz., on Tuesday, Dec. 1, at 8 a.m. Mounta...

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A.M. Best Assigns Ratings to Queen’s Island Insurance Company, Ltd.
OLDWICK, N.J. - A.M. Best Co. has assigned a financial strength rating of A+ (Superior) and issuer credit rating of “aa-” to Queen’s Island Insurance Company, Ltd. (Queen’s Island) (Hamilton, Bermuda). The outlook assigned to both ratings is stable.

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Fitch Downgrades Abacus 2007-18; Removes from Watch Negative
NEW YORK - Fitch Ratings has downgraded and removed from Rating Watch Negative five classes issued by Abacus 2007-18 as a result of significant negative credit migration of the commercial mortgage backed securities (CMBS) collateral within the reference portfolio. A complete list of rating

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