Analysts dispute treatment of vehicle manufacturers.
Vehicle makers are being downgraded and the market is attaching a higher premium to their debt, but not everyone agrees with the way that Moody's and Standard & Poor's, the rating agencies, are tackling the problem. The agencies recently placed the ratings of Ford and General Motors (GM) on

Publication: Financial News

S&P:U.S. Credit Card ABS Issuance to Grow in 2003.
Business Editors NEW YORKBUSINESS WIREStandard & Poor's Jan. 16, 2003--Standard & Poor's believes that U.S. credit card asset-backed securities (ABS) issuance should grow about 5% and exceed $70 billion in 2003, partially reflecting the large quantity of refinancings associated with

Publication: Business Wire

Cendant, PHH Ratings Lowered by Standard & Poor's; Off CreditWatch.
NEW YORK, Oct. 16 /PRNewswire/ -- Standard & Poor's today lowered its ratings of Cendant Corp., wholly owned subsidiary PHH Corp., and related entities as listed below. All ratings are removed from CreditWatch, where they were placed with negative implications in March 1998 due to Standard

Publication: PR Newswire

bizworld: Boeing and partner file protest of government's pick to build vehicle.(Business)
WASHINGTON | Boeing Co. and Textron Inc. have challenged the government's selection of three other teams to build a lightweight tactical vehicle to replace the once mighty Humvee, company and Marines Corps officials said Tuesday. The Boeing-Textron team filed a protest late Monday with the

Publication: The Virginian Pilot

RUSSIA: MOODY'S ASSIGNS BA3 TO HOME CREDIT AND FINANCE BANK'S LOAN PARTICIPATION NOTES.
Moody's Investors Service has assigned a Ba3 long-term foreign currency rating to the senior unsecured Loan Participation Notes expected to be issued on a limited-recourse basis by Eurasia Capital S.A., a Luxembourg-based special purpose vehicle, for the sole purpose of funding loans to Home Credit

Publication: IPR Strategic Business Information Database

Fitch moves GM credit deeper into junk territory
DETROIT - Fitch Ratings lowered General Motors Corp.'s credit rating further into "junk" status Monday, saying the automaker has made little progress in reducing its high costs and is vulnerable if gas prices remain high. Fitch first cut GM to junk or high risk, high yield status in May. The latest

Publication: Charleston Gazette