S&amp;P says may cut Chiron ratings
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Standard &amp; Poor&#39;s on Tuesday said it may cut Chrion Corp.&#39;s (CHIR.O: Quote, Profile, Research) debt ratings, after the company said it will not sell flu vaccine for the coming flu season due to problems at its plant in British.
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Standard &amp; Poor's on Thursday cut its "AAA" ratings on FGIC Corp's bond insurance arm, and placed its top ratings on the bond insurance arm of MBIA Inc  on review for downgrade.
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NEW YORK - Investors on Thursday will weigh the sharp retraction in stocks the day before as well as fears that the corporate profit picture is deteriorating.    Dow Jones futures fell 4 points recently, while Nasdaq futures were down 3 points and S&P futures dropped 0.20 points...
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Blue-chip stocks ended flat on Wednesday after trimming steep losses late in the session amid speculation the Federal Reserve may act to cut the discount rate. The Nasdaq and S&P 500 ended lower but well off their worst levels of the day.
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Moody&#39;s Investors Service on Thursday said it may downgrade the debt ratings for Penn National Gaming Inc. (PENN.O: Quote, Profile, Research) and Argosy Gaming Co.
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Commercial and investment banks could see their credit ratings cut if the bond insurers which hedge some of their assets were themselves downgraded, Standard &amp; Poor's said on Tuesday, as billionaire investor Wilbur Ross mulled whether to invest $1 billion or more in the sector.
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THE REGION New York Times Co.'s debt rating was cut one level to BBB, the second-lowest investment grade, by Standard &amp; Poor's, which cited falling advertising sales and the broader newspaper industry decline. The short-term corporate credit and commercial paper ratings for the New York publisher were also lowered, S&amp;P said. Total advertising revenue fell 8.5 percent to $157.3 million ...
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Chiquita Brands International Inc.   said on Monday it suspended its cash dividend and may  sell its shipping fleet, and warned that fallout from the  recent spinach scare will hurt quarterly profit, sending its  stock down more than 9 percent.
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BOSTON (CBS.MW) - A Food and Drug Administration team plans to meet Thursday with the British regulators who abruptly shut down Chiron Corp.
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Stocks edged lower on Wednesday after Standard & Poor's downgraded its rating outlook on several bond insurers, suggesting further potential turmoil in the financial sector.
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The Securities and Exchange Commission is poised to curb fund companies from steering stock trades to brokerage firms that agree to sell their funds.
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Facing continued top-line weakness, the company may have to cut costs.
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Chiron Corp., which had to scrap its  flu vaccine this season due to contamination, said on Friday it  has received a warning from U.S. regulators in connection with  its shuttered vaccine manufacturing plant in England.
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Japan&#39;s Nikkei 225 Stock Average fell for the first day in four. Nintendo Co. and Sharp Co. declined after brokerages cut their ratings on the companies, citing concern that earnings growth may slow.
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Standard &amp; Poor&#39;s said on Tuesday it may cut the corporate credit rating of The Interpublic Group of Cos. (IPG.N: Quote, Profile, Research) citing growing concerns over senior
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Dealers said Smith Barney cut its rating on the stock of  Amazon.com to "sell" from "hold" on concerns over sales during  the year-end period.
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Stocks fell on Wednesday after credit ratings agency Standard & Poor's slashed its outlook on two companies that insure more than $1 trillion of debt, suggesting fallout from the housing slump is far from over.