News Results

  1. BRIEF-S&P Says Ireland Outlook Revised To Positive On Fiscal And Macroeconomic Resilience 'Aa-/A-1+' Ratings Affirmed
    Reuters | 11/18/22 06:12 PM EST

    S&P: * S&P SAYS IRELAND OUTLOOK REVISED TO POSITIVE ON FISCAL AND MACROECONOMIC RESILIENCE; 'AA-/A-1+' RATINGS AFFIRMED. * S&P SAYS IRISH ECONOMY IS SET TO DECELERATE NEXT YEAR, BUT SHOULD CONTINUE TO OUTPERFORM PEERS WHILE AVOIDING A TECHNICAL RECESSION. * S&P SAYS SOLID TAX REVENUE GROWTH WILL HELP IRELAND POST BUDGETARY SURPLUSES OVER 2022-2025, DESPITE NEAR-TERM SPENDING INCREASES.

  2. Fitch downgrades Mexico's Unifin to 'D' on bankruptcy proceedings
    Reuters | 11/18/22 03:37 PM EST

    Fitch Ratings on Friday downgraded Mexican leasing firm Unifin Financiera's long and short-term local and foreign currency issuer default ratings to 'D' from 'RD' due to the firm's announced restructuring process.

  3. BRIEF-Moody's Upgrades Pfizer To A1; Outlook Is Stable
    Reuters | 11/18/22 03:32 PM EST

    MOODY'S: * MOODY'S UPGRADES PFIZER TO A1; OUTLOOK IS STABLE. * MOODY'S SAYS REVISED PFIZER'S OUTLOOK TO STABLE FROM POSITIVE Further company coverage:

  4. Fitch downgrades Mexico's Unifin to 'D' reflecting bankruptcy proceeding
    Reuters | 11/18/22 03:24 PM EST

    Fitch Ratings on Friday downgraded Mexican leasing firm Unifin Financiera's long and short-term local and foreign currency issuer default ratings to 'D' from 'RD' due to the firm's announced restructuring process. Fitch also downgraded Unifin's long and short-term national scale ratings to 'D' from 'RD', saying "the downgrades reflect that a bankruptcy proceeding is ongoing."

  5. AM Best Upgrades Credit Ratings of Chubb Seguros Panama S.A.
    Business Wire | 11/18/22 12:34 PM EST

    AM Best has upgraded the Financial Strength Rating to A++ from A+ and the Long-Term Issuer Credit Rating to ?aa+? from ?aa-? of Chubb Seguros Panama S.A.. The outlook of these Credit Ratings is stable.

  6. Chicago will debut first social bond under higher-rated STSC credit
    SourceMedia Bond Buyer | 11/18/22 12:08 PM EST

    Chicago's Sales Tax Securitization Corp. will sell $150 million of social bonds next month in the city's first ESG-labeled deal.

  7. AM Best Affirms Credit Ratings of Definity Financial Corporation and Its Subsidiary
    Business Wire | 11/18/22 11:43 AM EST

    AM Best has affirmed the Long-Term Issuer Credit Rating of ?bbb-? of Definity Financial Corporation. The ratings reflect Definity Insurance?s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.

  8. AM Best Affirms Credit Ratings of Securian Financial Group and Its Subsidiaries
    Business Wire | 11/18/22 10:59 AM EST

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Minnesota Life Insurance Company and its subsidiary, Securian Life Insurance Company, together referred to as Securian Financial Insurance Group.

  9. AM Best Affirms Credit Ratings of First Net Insurance Company
    Business Wire | 11/18/22 09:57 AM EST

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of First Net Insurance Company. The ratings reflect First Net?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. AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of First Insurance Company
    Business Wire | 11/18/22 08:58 AM EST

    AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of First Insurance Company. The ratings reflect SFIC?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

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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