Posts Tagged ‘negative outlook’

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Fitch downgrades Greece rating to junk status

LONDON (MarketWatch) — Fitch Ratings on Friday downgraded Greece’s credit rating to BB-plus from BBB-minus. The cut puts Greece’s credit rating in junk territory. The agency said the outlook for the rating is negative, which means the rating could be cut further in the future. Although Greece’s economic and fiscal performance has exceeded expectations in [...]

S&P says CityCenter finances ‘challenged,’ notes negative outlook

Standard & Poor’s Ratings Services today said its outlook on the finances of CityCenter is negative as the $8.5 billion complex continues to struggle with a slow ramp-up period tied to the recession. View full post on Business Stories