News Results

  1. BRIEF-Fitch Affirms Lithuania At 'A'; Outlook Stable
    Reuters | 05:10 PM EST

    * FITCH AFFIRMS LITHUANIA AT 'A'; OUTLOOK STABLE.

  2. BRIEF-Fitch Affirms Spain At 'A-' Outlook Stable
    Reuters | 05:05 PM EST

    * FITCH AFFIRMS SPAIN AT 'A-'; OUTLOOK STABLE Source text for Eikon:

  3. BRIEF-S&P Says Uzbekistan 'BB-/B' Ratings Affirmed, Outlook Stable
    Reuters | 04:26 PM EST

    * S&P SAYS UZBEKISTAN 'BB-/B' RATINGS AFFIRMED; OUTLOOK STABLE.

  4. AM Best Removes From Under Review With Developing Implications and Downgrades Credit Ratings of Western Health Advantage
    Business Wire | 04:24 PM EST

    AM Best has removed from under review with developing implications and downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb+? from ?bbb-? of Western Health Advantage.

  5. BRIEF-S&P Says Lithuania Outlook Revised To Negative From Stable
    Reuters | 04:21 PM EST

    * S&P SAYS LITHUANIA OUTLOOK REVISED TO NEGATIVE FROM STABLE ON SPILLOVER EFFECTS FROM THE WAR; 'A+/A-1' RATINGS AFFIRMED. * S&P PROJECTS COUNTRY'S ECONOMY WILL FALL INTO RECESSION IN FIRST-HALF 2023 BEFORE RECOVERING IN SECOND HALF & GROWING ONLY 0.5% ANNUALLY.

  6. AM Best Affirms Credit Ratings of Knights of Columbus
    Business Wire | 12:35 PM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa? of Knights of Columbus. The ratings reflect the Order?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.

  7. AM Best Affirms Credit Ratings of Auto-Owners Insurance Company and Subsidiaries
    Business Wire | 11:06 AM EST

    AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of Auto-Owners Insurance Company and its four wholly owned property/casualty companies that compose Auto-Owners Insurance Group.

  8. AM Best Downgrades Credit Ratings of Hotai Insurance Co., Ltd., Revises Under Review Status to Developing Implications
    Business Wire | 11:00 AM EST

    AM Best has downgraded the Financial Strength Rating to B++ from A and the Long-Term Issuer Credit Rating to ?bbb? from ?a? of Hotai Insurance Co., Ltd.. Concurrently, the under review status of these Credit Ratings has been revised to developing implications from negative.

  9. AM Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited
    Business Wire | 10:53 AM EST

    AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of NongHyup Property and Casualty Insurance Company Limited. The ratings reflect NH P&C?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

  10. Credit fund outflows in 2022 unwind last year's inflows -BofA
    Reuters | 10:01 AM EST

    Investors have withdrawn $316 billion from credit funds this year, unwinding all of the previous year's inflows, BofA Global Research said in a note on Friday. That is a bearish signal for corporate debt markets as high inflation and rising interest rates darken the economic outlook, and is in sharp contrast to inflows into share markets.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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