News Results

  1. BRIEF-Fitch Revises Andorra's Outlook To Positive Affirms At 'Bbb+'
    Reuters | 01/14/22 05:45 PM EST

    * FITCH REVISES ANDORRA'S OUTLOOK TO POSITIVE; AFFIRMS AT 'BBB+' * FITCH SAYS EXPECTS RECOVERY IN GDP GROWTH AND DECLINE IN FISCAL SUPPORT IN ANDORRA TO UNDERPIN A RETURN TO GENERAL GOVERNMENT FISCAL SURPLUS IN 2022. * FITCH ON ANDORRA SAYS IN 2022, EXPECT DIRECT TAX REVENUES TO BENEFIT FROM HIGH EMPLOYMENT RATE, WHICH WAS AT ITS HIGHEST LEVEL IN 10 YEARS IN 3Q21.

  2. BRIEF-S&P Says States Of Jersey 'Aa-/A-1+' Ratings Affirmed Outlook Stable
    Reuters | 01/14/22 04:44 PM EST

    * S&P SAYS STATES OF JERSEY 'AA-/A-1+' RATINGS AFFIRMED; OUTLOOK STABLE.

  3. JPMorgan shares fall as mixed outlook sours profit beat
    Reuters | 01/14/22 06:58 AM EST

    JPMorgan Chase & Co (JPM) posted fourth-quarter profit ahead of market expectations on Friday, but its shares fell as much as 6% as analysts expressed disappointment over its forecasts for future profitability.

  4. BRIEF-Fitch Ratings Says Omicron Weakens Global Lodging Revenue Recovery Prospects
    Reuters | 01/14/22 04:10 AM EST

    * FITCH RATINGS: OMICRON WEAKENS GLOBAL LODGING REVENUE RECOVERY PROSPECTS. * FITCH - EXPECTS URBAN DESTINATIONS, IN UPSCALE SEGMENT TARGETING BUSINESS TRAVELLERS, TO REMAIN UNDER PRESSURE AS 'RETURN TO OFFICE' POLICIES HAVE BEEN DELAYED.

  5. Virgin Galactic Holdings, Inc. Prices $425 Million Convertible Senior Notes Offering
    Business Wire | 01/14/22 01:07 AM EST

    Virgin Galactic Holdings, Inc. (SPCE) today announced the pricing of its offering of $425 million aggregate principal amount of 2.50% convertible senior notes due 2027 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

  6. BRIEF-Charter Says Prices $1.2 Bln Senior Unsecured Notes
    Reuters | 01/13/22 08:22 PM EST

    Charter Communications Inc (CHTR): * CHARTER PRICES $1.2 BILLION SENIOR UNSECURED NOTES. * CHARTER-SUBSIDIARIES,CCO HOLDINGS, LLC,CCO HOLDINGS CAPITAL CORP HAVE PRICED $1.2 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2032 Source text for Eikon: Further company coverage:

  7. Commercial Metals Company Prices Offering of $600 Million Senior Notes in Two Tranches
    PR Newswire | 01/13/22 04:28 PM EST

    IRVING, Texas, Jan. 13, 2022 Commercial Metals Company (CMC) announced today that it has agreed to sell $300 million in aggregate principal amount of 4.125% Senior Notes due 2030 and $300 million in aggregate principal amount of 4.375% Senior Notes due 2032 in an underwritten public offering under its effective shelf registration statement.

  8. AM Best Affirms Credit Ratings of Factory Mutual Insurance Company and Its Subsidiaries
    Business Wire | 01/13/22 04:21 PM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Factory Mutual Insurance Company and its subsidiaries, which are collectively referred to as FM Global Group.

  9. AM Best Affirms Credit Ratings of The Progressive Corporation and Subsidiaries
    Business Wire | 01/13/22 03:54 PM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? for the members of The Progressive Corporation [NYSE: PGR]. Additionally, AM Best has affirmed the Long-Term ICR of ?a? for Progressive, the parent holding company, and all Long-Term Issue Credit Ratings on Progressive?s senior and preferred stock issuances.

  10. Fitch Ratings assigns Iveco Group N.V. final Long-Term Issuer Default Rating of 'BBB-
    GlobeNewswire | 01/13/22 12:15 PM EST

    Turin, 13th January 2022. Iveco Group N.V. announces that on 13th January, 2022 Fitch Ratings assigned Iveco Group N.V. a final Long-Term Issuer Default Rating of ?BBB-?. The outlook is stable. Iveco Group N.V. is an On-Highway global organisation tasked with safeguarding, supporting, and bolstering eight unique, yet unified brands.

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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