ACCO Brands Corporation to Participate in Investor Conferences December 1 and 3, 2009
LINCOLNSHIRE, Ill.–(BUSINESS WIRE)–ACCO Brands Corporation (NYSE: ABD), a world leader in select categories of branded office products, announced today that Chairman and Chief Executive Officer Robert J. Keller, and Executive Vice President and Chief Financial Officer Neal V. Fenwick, will participate in the Barrington Research Consumer and Business Services Conference on Tuesday, December 1, in Chicago. In addition, the executives will present at the Bank of America Merrill Lynch 2009 Credit
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ACCO Brands Corporation to Participate in Investor Conferences December 1 and 3, 2009
Fitch Places Bank of America’s Individual Rating on Rating Watch Positive
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has placed its ‘D’ Individual ratings for Bank of America Corp. (BAC) and its operating subsidiaries on Rating Watch Positive. Fitch has affirmed the Issuer Default Ratings (IDRs) of BAC and its subsidiaries, which are derived from U.S. government support and continue to carry a Stable Rating Outlook. Ratings of long and short-term deposits, long-term and short-term debt, and subordinated debt (with the exception of First Republic Bank; see below) are affi
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Fitch Places Bank of America’s Individual Rating on Rating Watch Positive
Fitch Places First Republic Sub Debt on Negative Watch; Preferred on Positive Watch
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has revised the Rating Watch on debt instruments originally issued by First Republic Bank (FRB), now a division of Bank of America Corporation (BAC; rated ‘A+/F1+’ by Fitch). Fitch has revised the Rating Watch to Negative from Evolving on subordinated debt rated `A’ originally issued by FRB, and revised the Rating Watch to Positive from Evolving on REIT preferred securities rated `BB-’ issued by FRB affiliates First Republic Preferred Capital Corp. and Fir
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Fitch Places First Republic Sub Debt on Negative Watch; Preferred on Positive Watch
Correction: Fitch Places Bank of America’s Individual Rating on Rating Watch Positive
CHICAGO–(BUSINESS WIRE)–(This is a correction of a release issued earlier today. It corrects the preferred stock rating given for BAC in the second paragraph to ‘B+’ from ‘BB-’.) Fitch Ratings has placed its ‘D’ Individual ratings for Bank of America Corp. (BAC) and its operating subsidiaries on Rating Watch Positive. Fitch has affirmed the Issuer Default Ratings (IDRs) of BAC and its subsidiaries, which are derived from U.S. government support and continue to carry a Stable Rating Outlook. Ra
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Correction: Fitch Places Bank of America’s Individual Rating on Rating Watch Positive
Fitch Affirms State Farm’s Ratings; Outlook Negative
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed its ‘AA+’ Insurer Financial Strength ratings on State Farm Mutual Automobile Insurance Company (State Farm), State Farm Life Insurance Company (State Farm Life) and State Farm Life and Accident Assurance Company. The Rating Outlook is Negative. The Rating Outlook remains Negative reflecting concerns regarding the absence of surplus growth from retained earnings and magnitude of underwriting losses relative to peers. An inability to grow surplu
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Fitch Affirms State Farm’s Ratings; Outlook Negative
Fitch Rates Milwaukee, Wisconsin’s $53MM QSCBs ‘AA+’; Outlook Negative
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘AA+’ rating to the City of Milwaukee, Wisconsin’s approximately $53,000,000 general obligation (GO) corporate purpose, qualified school construction bonds (QSCBs), series 2009 M6 (tax credit). The bonds are payable from an irrevocable ad valorem tax levied on all taxable property within the city, and are scheduled for competitive sale on Dec. 9, 2009. The QSCB structure incorporates mandatory sinking fund payments beginning in 2013 and rou
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Fitch Rates Milwaukee, Wisconsin’s $53MM QSCBs ‘AA+’; Outlook Negative
Zacks Earnings Trends Highlights: Applied Materials, KLA-Tencor, Novellus, Ford and Cummins Engine
CHICAGO–(BUSINESS WIRE)–Zacks Research Equity Strategist, Dirk Van Dijk says that S&P 500 earnings are continuing to show red ink. He tracks companies on the Zacks.com web site, naming names, while forecasting trends for the months ahead. Be Thankful for a Strong Earnings Season The broad increases in earnings estimates seems to reflect a much better short-term outlook for the economy. Note that some of the most cyclical areas such as Retailers, Materials and Autos are seeing a large prepo
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Zacks Earnings Trends Highlights: Applied Materials, KLA-Tencor, Novellus, Ford and Cummins Engine
Zacks Analyst Blog Highlights: Fannie Mae, Freddie Mac, Sherwin Williams, La-Z-Boy and Campbell Soup Co.
CHICAGO–(BUSINESS WIRE)–Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Fannie Mae (NYSE: FNM), Freddie Mac (NYSE: FRE), Sherwin Williams (NYSE: SHW), La-Z-Boy (NYSE: LZB) and Campbell Soup Co. (NYSE: CPB). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter
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Zacks Analyst Blog Highlights: Fannie Mae, Freddie Mac, Sherwin Williams, La-Z-Boy and Campbell Soup Co.
Zacks Releases Four Powerful ”Buy” Stocks: Encore Capital Group, Inc., American Express Company, Arena Resources Inc. and Avnet, Inc.
CHICAGO–(BUSINESS WIRE)–Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. The four highlighted picks are: Encore Capital Group, Inc. (Nasdaq: ECPG), American Express Company (NYSE: AXP), Arena Resources Inc. (NYSE: ARD) and Avnet, Inc. (NYSE: AVT).
Zacks Analyst Blog Highlights: Halliburton Company, Schlumberger Limited, Smith International Inc., National-Oilwell Varco and Weatherford…
CHICAGO–(BUSINESS WIRE)–Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Halliburton Company (NYSE: HAL), Schlumberger Limited (NYSE: SLB), Smith International Inc. (NYSE: SII), National-Oilwell Varco (NYSE: NOV) and Weatherford International Ltd. (NYSE: WFT). Get the most recent insight from Zacks Equity R
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Zacks Analyst Blog Highlights: Halliburton Company, Schlumberger Limited, Smith International Inc., National-Oilwell Varco and Weatherford…
