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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Executives at the Chiron Corporation hedged yesterday about whether the company would be able to return to selling flu vaccine in the United States next year.
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Facing continued top-line weakness, the company may have to cut costs.
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S&amp;P has announced changes to its indices in the US and Australia in relation to News Corporation. After trading closes on Friday December 17, 2004 New Corp.
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Chiquita Brands International Inc.   CQB.N said on Monday it suspended its cash dividend and may   sell its shipping fleet as it warned that fallout from the   recent spinach scare will hurt quarterly profit, sending its   stock down nearly 12 percent.
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Boston Scientific Corp. may forecast a drop in third-quarter sales of its Taxus heart stent after three recalls cut demand for the device, the company's top-selling product.
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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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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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U.S. stocks to watch on Friday: AON CORP. : The second-largest insurance broker said its quarterly earnings fell because of "softening market conditions" that, along with the halt of contingent commissions, led it to withdraw its earnings per share outlook for the full year.
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Moody&#39;s Investors Service on Wednesday said it may cut its bond ratings on HCA Inc. (HCA.N: Quote, Profile, Research) deeper into junk, citing the hospital operator&#39;s plan to buy back about $2.
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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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Standard &amp; Poor&#39;s Ratings Services on Tuesday (Sept. 28) lowered its long-term ratings on Regional Bell Operating Companies (RBOCs) BellSouth Corp.
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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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Standard &amp; Poor&#39;s on Thursday said it may cut its ratings on Blockbuster Inc.(BBI.N: Quote, Profile, Research) deeper into junk, citing the company&#39;s offer to buy competitor Hollywood Entertainment Corp.
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NEW YORK - Stocks are seen moving lower at the open Wednesday as investors come to grips with the Federal Reserve hiking its key rates by a quarter point to 1.75 percent.    Dow Jones futures fell 14 points recently, while Nasdaq futures were down 2.50 points and S&P futures dropped 1.80 points...
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Standard & Poor's may cut $12 billion of subprime-related debt on expectations for an 8 percent drop in U.S. home prices and more defaults on home loans, the rating company said on Tuesday.
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Marsh &amp; McLennan Cos., the US insurance broker accused of rigging bids and taking ``payoffs,&#39;&#39; may cut jobs to help mitigate a drop in earnings, investors said.