Fitch Ratings Archives - CFO

Could a Run on Stablecoins Disrupt the Commercial Paper Market?

Could a Run on Stablecoins Disrupt the Commercial Paper Market?

Stablecoins that approach a systemically important scale could play an important role in short-term securities markets, says Fitch.

By Vincent Ryan | October 19, 2021

Fitch Lowers Outlook for Consumer Finance Sector

Credit & Capital

Fitch Lowers Outlook for Consumer Finance Sector

Loan forbearance offers to coronavirus-hit consumers are "prudent" but lenders' credit performance could “deteriorate rapidly” once they expire.

By Matthew Heller | March 30, 2020

U.S. Airlines in Strong Position to Withstand Virus

Financial Performance

U.S. Airlines in Strong Position to Withstand Virus

Fitch Ratings says industry consolidation and profitability should shield carriers from a temporary falloff in demand.

By Matthew Heller | March 13, 2020

Credit Quality: Downgrades Pick Up Pace

Credit Quality: Downgrades Pick Up Pace

As coronavirus fears disrupt the economy, CFO is tracking the weakening in corporate credit ratings and the companies under stress.

By Vincent Ryan | March 11, 2020

Fitch Cuts Hong Kong Credit Rating

Credit & Capital

Fitch Cuts Hong Kong Credit Rating

The agency cited political unrest and growing links to the mainland as reasons for the downgrade.

By Lauren Muskett | September 6, 2019

Moody’s, Fitch Downgrade Boeing Credit Outlook

Financial Performance

Moody’s, Fitch Downgrade Boeing Credit Outlook

The ratings agencies lowered Boeing's outlook to negative due to concerns over the financial fallout from the grounding of the 737 MAX planes.

By Matthew Heller | July 23, 2019

Companies Spending Less Time in Bankruptcy: Fitch

Companies Spending Less Time in Bankruptcy: Fitch

However, they are also accomplishing less, with many U.S. filers doing little more than deleveraging the balance sheet to reduce debt to a manageable level.

By Vincent Ryan | August 8, 2018

Fitch Lowers General Electric Credit Ratings

Financial Performance

Fitch Lowers General Electric Credit Ratings

The rating agency says GE's return to higher margins and stronger free cash flow is going more slowly than it previously anticipated.

By Matthew Heller | November 28, 2017

True Religion Files For Bankruptcy

True Religion Files For Bankruptcy

The Vernon, Calif.-based company said it would keep its doors open while expanding its digital presence.

By William Sprouse | July 5, 2017

Staples to Go Private for Nearly $7B

Mergers & Acquisitions

Staples to Go Private for Nearly $7B

The office supply chain company is seeking to pivot after its failed bid for Office Depot.

By William Sprouse | June 30, 2017

Cardinal Health Buys Medtronic Units for $6B

Cardinal Health Buys Medtronic Units for $6B

The deal will expand Cardinal's medical products business but its shares dropped 11.5% on updated guidance for fiscal 2017.

By Matthew Heller | April 18, 2017

Auto Sales Slowdown Driving Risk for Lenders

Auto Sales Slowdown Driving Risk for Lenders

Moody's says credit risk is rising at a time when the average dollar amount of negative equity at trade-in is at record levels.

By Matthew Heller | March 28, 2017

Trump Victory Could Threaten U.S. Debt Rating

Trump Victory Could Threaten U.S. Debt Rating

Fitch Ratings warns that Trump's proposed tax cuts alone would not generate enough economic growth to offset the loss in revenue.

By Matthew Heller | November 9, 2016

CRE Market Set to Soften: Fitch

CRE Market Set to Soften: Fitch

Once again, U.S. banks are over-exposed to commercial real estate at a time when the market is expected to turn.

By Vincent Ryan | November 7, 2016

Fitch Keeping ‘Negative’ Eye on Deutsche Bank

Financial Performance

Fitch Keeping ‘Negative’ Eye on Deutsche Bank

The credit rating agency says the bank's debt may need to be downgraded as it struggles with a sluggish business environment.

By Matthew Heller | November 4, 2016